Trending development, economic & real estate news

Sherwin-Williams execs to wait and see on HQ2

The rumor mill is always churning around Sherwin-Williams’ plans for handling its growing number of employees at its soon-to-open new headquarters in Downtown Cleveland, its new research center in suburban Brecksville and at its other other facilities. But that rumor mill has quieted down in recent months, until…
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Another groundbreaking, in Case you want more

A second major groundbreaking event is coming later this month in Cleveland, following that of the Cleveland Clinic Global Peak Performance Center. But this one could be a little confusing to those familiar with Case Western Reserve University’s (CWRU) $300 million Interdisciplinary Science and Engineering Building (ISEB). They…
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Downtown Cavs/Clinic facility groundbreaking set

Final approval is expected tomorrow by the City Planning Commission of designs for the proposed Cleveland Clinic Global Peak Performance Center featuring the Cleveland Cavaliers’ new practice facility and the Clinic’s sports health/wellness programs. But how do we know approval is expected? Because the groundbreaking ceremony for the…
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Downtown employers reconsider suburban moves

Two large Downtown Cleveland employers may be reversing course regarding their future office locations. One was bound and determined to leave for the suburbs but now its plans are up in the air. And despite the grist coming from the real estate rumor mill, the other employer says…
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Cleveland launches affordable housing fund

Last evening, a new Cleveland Housing Investment Fund (CHIF) was launched when Cleveland City Council passed legislation that requires the city to provide financing to the new fund. The city’s $18 million commitment leverages $20 million pledged by Cleveland-based KeyBank to boost the development of mixed-income rental housing…
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