NEOtrans business, development, real estate, construction and market trend news from Ohio
State lawmakers overwhelmingly passed a compromise two-year budget bill tonight that included a provision to double the dollar amount and duration of a new tax credit program to boost real estate megaprojects in Ohio’s largest urbanized areas.
Read More
A 23-story apartment tower proposed to rise on Euclid Avenue in downtown Cleveland has seen potential groundbreaking dates come and go, delayed by several factors. While most of the factors are largely beyond the control of Farmington Hills, MI-based City Club Apartments (CCA), some of the delays are reportedly the developer’s fault.
Read More
Kalina House is proposed to help people transition to a new life after suffering the loss of limbs. Making that transition means finding new housing, learning how to move around, and be independent takes an enormous effort. Kalina House is the place where that journey will begin.
Read More
Cleveland’s largest employer is about to get even larger. While Cleveland Clinic Foundation (CCF) is officially mum on expansion details, NEOtrans is hearing rumors from sources that one or more of their “Big 3” projects may be bigger than originally anticipated.
Read More
Bright, open and modern office spaces are what await Sherwin-Williams employees at their new headquarters tower west of Cleveland’s Public Square. Features like this semi-circular video conference booth mix collaboration and tech-nology, a stark difference compared to SHW’s antiquated, existing HQ
Read More
Moving to Cleveland from ‘superstar’ cities has saved new arrivals an average of nearly $200,000 in the value of their housing, a new analysis shows. That’s one result of the Great Reshuffling that’s allowing people to get more bang for their buck by working remotely in amenity-laden cities like Cleveland.
Read More
On May 10, at a building at the southeast corner of West 25th Street and the Detroit-Superior Bridge, crews paint over graffiti including obscenities directed at the property owner Bobby George. With the clock ticking down on sale negotiations with the city, George has submitted a development plan for the site
Read More
By 2024, Cleveland’s four tallest buildings will surround Public Square. One of those will be the roughly 600-foot-tall Sherwin-Williams headquarters.
Read More
After nearly five months since Senate Bill 39 was signed into law by Gov. Mike DeWine, the so-called megaprojects tax credit it authorized still isn’t a functioning program. Worse, it won’t be functioning before the end of the state’s current fiscal year ending June 30, a state official confirmed today.
Read More
A growing employer is seeking to move from the suburbs to downtown Cleveland and has less than a year to do it. CBIZ, Inc., founded in 1987, has grown to 4,800 employees in more than 100 offices nationwide with more than 200 of them at their headquarters in 6050 Oak Tree Blvd. in Independence.
Read More