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Seeds & Sprouts XVI – City Club tower gets start date & more

This is the Sixteenth edition of Seeds & Sprouts – Early intelligence on Cleveland-area real estate projects. Because these projects are very early in their process of development or just a long-range plan, a lot can and probably will change their final shape, use and outcome.

City Club Apartments tower, 720 Euclid Ave., could see a ground-
breaking occur on or about May 1. It is one of two 20+ story
apartment towers due to see construction start this spring in
Cleveland, marking the start of the Roaring 20s (Vocon).
CLICK IMAGES TO ENLARGE THEM

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Downtown-aerial-weiw

Seven proposed office towers in Cleveland? Yep, seven.

It’s a contradiction. Cleveland and the rest of the nation are in the midst of an historic office market slowdown that will likely last well into the post-pandemic era. And yet, Cleveland may be the recipient of up to seven new office towers in the next five years or so — six of those could rise downtown and one in University Circle.

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Sherwin-Williams’ HQ may alienate young talent it wants to attract

Sherwin-Williams’ (SHW) stodgy corporate culture is colliding with its desire to attract young talent. That collision is becoming more evident as the planning advances on SHW’s new global headquarters. That’s unfortunate for SHW and for Cleveland since one of the major goals SHW has for its new HQ is to attract young talent to its company and to Cleveland.

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