NEOtrans business, development, real estate, construction and market trend news from Ohio
A spokesman for the owner of the Cleveland Browns, the Haslam Sports Group (HSG), told NEOtrans that they have sent a letter today to Cuyahoga County Executive Chris Ronayne stating they will move forward without the county’s support, and saying they believe building an enclosed stadium in Brook Park is the only long-term stadium solution for the region.
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There’s good news and bad news when it comes to the Greater Cleveland Regional Transit Authority’s (GCRTA) new railcar program. And the good news is the result of trying to keep the bad news from getting worse.
Read MoreGCRTA seeks more railcars; program over budget Read More »
After the first image of a renovated Huntington Bank Field on Downtown Cleveland’s lakefront was publicly released today by Scene Magazine, local officials are asking why it and other images weren’t released sooner by the owners of the Cleveland Browns so that the public could have a more informed opinion on which stadium plan to support.
Read MoreOfficials urge Haslams to publicly release their Lakefront Stadium renovation plans Read More »
Mayor Justin Bibb and Port Control Director Bryant Francis unveiled plans and action steps this morning for a $1.6 billion first-phase, five-step program of improvements to Cleveland Hopkins International Airport in the next seven years, representing the start of more phases to come. The improvements come as Hopkins celebrates its 100th birthday.
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Cuyahoga County Executive Chris Ronayne has submitted a request for $350 million in state bonds to fund the renovation of the existing, city-owned Huntington Bank Field on Downtown Cleveland’s lakefront. He says it is a fair, affordable request that’s on par with what Cincinnati is seeking to rebuild its own existing football stadium.
Read MoreRonayne seeks $350M to renovate lakefront stadium Read More »
Two memos dropped today from two branches of state government, both urging caution when considering the Haslam Sports Group’s (HSG) economic impact projections from its proposed enclosed stadium and supportive development in suburban Brook Park. But HSG shot back, calling the reports “questionable” and “inaccurate.”
Read MoreHaslam chides state memos on Brook Park stadium Read More »
Greater Cleveland led the nation in home price appreciation in March, but the metro area’s median prices are still far below the national benchmark. In fact, according to a new report, the Cleveland market has the lowest median sales price among the 40 largest US markets. But that might not be the case for much longer.
Read MoreCleveland leads nation in home price growth Read More »
A new women’s professional soccer league is due to launch in 2026 and Cleveland was named as one of its 15 founding markets throughout the USA. Launch of WPSL Pro, the newest professional league in the U.S. soccer organizational pyramid, was formally announced today.
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Cleveland Soccer Group (CSG) has issued a formal Request for Proposals (RFP) to municipalities, civic leaders and community development partners to establish a new headquarters and training facilities for two professional soccer teams debuting in 2026 — a men’s team and Ohio’s first women’s professional soccer team that will be announced soon.
Read MoreNE Ohio Soccer HQ, training facility search begins Read More »
The fate of the National Acme plant at 170 E. 131st St., where Cleveland’s Glenville and Collinwood neighborhoods meet, is an all-too common story about the demise of a major employer-turned-abandoned factory. But community leaders today said they hope that what’s promised for this neglected, toxic site will also become a common story for Cleveland’s many problematic properties.
Read MoreNational Acme redevelopment site to expand Read More »
