NEOtrans business, development, real estate, construction and market trend news from Ohio
The rumor mill of Cleveland sports is always turning. And lately it’s been turning out rumors that Cleveland has won the 16th franchise of the National Women’s Soccer League (NWSL). Others are dropping hints of this possibility while at the same time managing expectations.
Read MoreDowntown may shift from football to futbol Read More »
An obviously exasperated Cleveland Mayor Justin Bibb today claimed the owners of the Cleveland Browns football “abandoned” downtown for suburban Brook Park, in a move due to be announced by the team as early as tomorrow. But Cuyahoga County Executive Chris Ronayne said he wasn’t ready to concede defeat yet.
Read MoreBibb: Haslams, Browns ‘abandoned’ Cleveland Read More »
If you are heading south from Cleveland Hopkins International Airport on State Route 237, you might be able to catch a brief glimpse of where a nearly $3 billion modernization program for the airport’s terminal is about to begin. But most people probably won’t even notice the building or when the work starts on upgrading its interior.
Read MoreHopkins Airport’s first terminal project takes off Read More »
As Case Western Reserve University (CWRU) approaches its 200th anniversary, just two years away, the growing college has just one megaproject on its syllabus for Cleveland’s University Circle — the $300 million Interdisciplinary Science and Engineering Building. So CWRU’s bicentennial legacy is to do what it has often done — prudently build when it needs to, not when it wants to. Even so, news of what the university is not building may come as a surprise.
Read MoreCWRU’s South Residential expansion stops Read More »
While Amtrak’s press release about the creation of a temporary Chicago-Florida passenger rail service through Cleveland touted it as an achievement, the reality behind it is actually quite different. According to several sources, the direct service is being implemented to rescue Amtrak from its own shortcomings — both internal and external.
Read MoreRealities behind Amtrak’s ‘new’ train to Florida Read More »
At least we now know what a Brook Park multi-purpose stadium would be called, if the owners of the Cleveland Browns football team decides to build it. While most terms of the naming rights deal were not disclosed by the Haslams Sports Group and their National Football League franchise, we do know that it will outlast the current stadium’s lease which ends after the 2028 football season.
Read MoreHuntington Bank Field name to outlive Browns’ current stadium lease Read More »
Developers looking to transform their Ohio communities can now apply for funding opportunities through the Ohio Department of Development’s Transformational Mixed-Use Development (TMUD) program that awards up to $100 million in tax credits per round.
Read MoreLast round of megaproject tax credits opens Read More »
The Cleveland Browns have long been a cornerstone of Greater Cleveland, symbolizing community pride and excitement, and contributing to the local economy and cultural identity. While the current debate around the Browns’ future stadium is heavily focused on facility location and financial issues, it is crucial to recognize the team’s non-economic benefits, such as fostering civic pride, quality of life, regional unity, and shared traditions that bring people together.
Read MoreA strategic perspective of the Cleveland Browns Stadium Read More »
At an emergency meeting held yesterday, Cuyahoga Land Bank’s board of directors appointed Ricardo León as interim president of the organization after the sudden passing of its longtime leader and founder Gus Frangos last weekend.
Read MoreCuyahoga Land Bank appoints León interim prez Read More »
The Cuyahoga County Land Reutilization Corp., known simply as the Cuyahoga Land Bank, has secured multiple funding awards from the Ohio Department of Development’s Brownfield Remediation Program for demolishing more than 1,100 structures, mostly blighted single-family homes in Cleveland and East Cleveland. But there are also multiple funding awards for cleaning up polluted industrial sites so they can be redeveloped for new housing and jobs.
Read MoreCuyahoga County cleans up with brownfield bucks Read More »
