Latest Northeast Ohio business, economic, real estate, development, construction and transportation news


  • Irishtown Bend work to barge in on river traffic
    In the coming weeks, the U.S. Coast Guard is expected to establish safety zone requirements for the barge-based installation of steel-wall bulkheads along the edge of the Cuyahoga River at Irishtown Bend in Cleveland. Those requirements will likely result in the daily closure of the river channel to commercial shipping for hours at a time but leisure and recreational boating is not expected to be significantly affected.
  • Amtrak seeks $300m for Great Lakes-area stations
    Cleveland is proposed to gain a new train station from a new program to provide the infrastructure necessary for passenger railroad Amtrak to operate it trains more reliably and expand its intercity services here. The program, a five-year, $300 million Great Lakes Stations Improvement initiative, represents the first time in Amtrak’s 53-year history that it has pursued such an aggressive development program generally for this region and specifically for the Cleveland-Chicago route.
  • Downtown’s new AJ Rocco’s reopening in May
    If you remember AJ Rocco’s as a coffee shop in the neighboring Caxton Building in Downtown Cleveland, the new AJ Rocco’s is going to be a big change for you. Restaurant-bar owner Brendan Walton and building owner Paul Shaia spared no expense in renovating a 19th-century bank building at 828 Huron Rd. to its Gilded Age glory with all of the rich woodwork, brick walls and metal decorative elements one would expect in a cozy downtown pub.
  • Cleveland’s Central-Fairfax: the next hot zone?
    Cleveland’s Central and Fairfax neighborhoods haven’t been a hot zone for new real estate development since the Jazz Age of the 1920s and 30s. Back then, streets like Cedar, Central and Quincy were hopping with jazz clubs, speakeasies, flappers and gangsters. Aside the many night spots were factories that hummed with tens of thousands of jobs during the daytime hours. Most were tightly clustered along the four-tracked Pennsylvania Railroad that was elevated in 1915 to reduce traffic congestion.
  • Downtown’s next crane may be MIA for a while
    While the nation’s employment is high and incomes are rising, in many respects, the slowdown in new real estate construction projects is the worst the nation has seen since the credit crunch of 2008-10. Back then, everything stopped. Nothing new was getting built. Things aren’t too different now unless you’re building new data centers, warehouses or small housing projects.
  • New Downtown Lakewood plan, grocery store announced
    Sitting dormant since Lakewood Hospital closed in 2016 and was demolished in 2019, a 6-acre city-owned site in Downtown Lakewood has a fresh strategy and a new tenant to finally reactivate it. While that strategy and a new tenant, a neighborhood grocery store, was enthusiastically received by City Council members at a committee meeting tonight, it remains to be seen whether it can overcome financing hurdles affecting it and all other projects nationwide.
  • Tower City’s Astro lifts off tomorrow
    Yes, a new restaurant at Tower City Center in Downtown Cleveland really is out of this world. And The Astro Restaurant is going to lift off at 11 a.m. tomorrow, one block from the neighboring RocketMortage offices. But since the restaurant will be open only for dinner, it may prove to be popular for people attending evening events at the RocketMortgage FieldHouse just down the street.
  • Sherwin-Williams: already outgrown its new HQ
    With the completion of Sherwin-Williams’ new Downtown Cleveland headquarters tower delayed well into next year, the global coatings giant has a some extra time to consider its options on how to handle various aspects of its unanticipated growth. Since the company has already outgrown its new HQ before it is finished, that means weighing a second HQ tower, expanding remote work, as well as addressing parking and commuting options.
  • Cleveland Museum of Art’s $8M lobby reno starts May 1
    Increasingly crowded with students, tour groups and attendees of special events, three lobbies at Cleveland Museum of Art (CMA) are about to be renovated thanks to $8 million worth of donations. Those gifts will help make those gathering locations in one of Cleveland’s most popular museums a place to enjoy rather than deal with.
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