Trending development, economic & real estate news

Moen move blindsided city, biz development orgs

When the conglomerate parent of faucet and fixture-maker Moen told the world via press release on Jan. 22 that it was consolidating its various brand headquarters to suburban Chicago, it was also notifying all of the Ohio-based economic development organizations about the move for the first time.
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At best, federal funds for major projects on hold

Millions, if not hundreds of millions of federal tax dollars awarded to local infrastructure and energy projects may be at risk from a 90-day funding freeze and review mandated earlier this week by the new Trump Administration. That possibility was raised today at the first board meeting of…
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Cleveland Clinic to lay off 114 employees

For the first time in years, the Cleveland Clinic Foundation is laying off 114 employees throughout the global health care system. But the number of pending layoffs in the context of the scale of the system is comparatively small and hiring in other departments continues, Clinic officials said…
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Catanese Seafood to sail from Flats to Collinwood

A familiar face in Cleveland’s Flats district is packing up and heading to the city’s east side to make way for the Cleveland Metroparks’ expanding makeover of the Cuyahoga River waterfront. Catanese Classic Seafood, 1600 Merwin Ave., is making a move in the coming year to the Greater…
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