Trending development, economic & real estate news

University Circle tower goes back to drawing board

Design review of East Stokes, what would be University Circle’s tallest building, was moving along at a rapid clip last fall. Things were moving so quickly that the development team, led by PCP Voyager, anticipated that if City Planning Commission could approve the final plans by Thanksgiving, a…
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Commission OKs Bedrock’s riverfront masterplan

A design review panel of Cleveland’s Planning Commission today approved Bedrock’s final masterplan for its multi-phase, $3.5 billion riverfront development. But while the vote was unanimous, commission members asked some pointed questions about how all of its components would successfully come together.
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Sherwin-Williams HQ opening delayed 7 months

NEOtrans was first to report several weeks ago that a grand-opening ceremony for Sherwin-Williams’ new headquarters was scheduled for next month despite that a “major hiccup and flaw” in construction of the tower had to be repaired. Now, that ceremony has been pushed back by seven months, according…
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Chipotle expanding to Ohio City

When the chains start replacing mom-n-pop businesses in a growing neighborhood, some welcome them as a validation of its success. Others reject them as a weakening of a neighborhood’s uniqueness that created that success in the first place. So the replacement next year of the popular Soho Chicken…
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Is DeWine’s stadium tax idea a good bet?

Everything from helping to finance a new stadium for the Cleveland Browns to funding sports programs for low-income families could be supported by a new sports facility and education fund sought by Ohio Gov. Mike DeWine in his proposed state budget. But the proposed fund doesn’t pick a…
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Canon Healthcare USA picks Cleveland for HQ

Over the past several years, Canon Healthcare USA was considering multiple locations inside and out of Greater Cleveland for its new headquarters. While most real estate insiders believed it would land at the former IBM Explorys headquarters, 10500 Cedar Ave., in Cleveland’s University Circle, it was not a…
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