Trending development, economic & real estate news

EY moving across downtown

Although rumored for weeks, the announcement that EY (formerly Ernst & Young) is moving its offices out of one of only two trophy-class buildings in downtown Cleveland still came as a surprise to some longtime real estate executives. The 23-story office tower at 950 Main Ave. at Flats…
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Clinic unveils Innovation District buildings

Two years ago, Gov. Mike DeWine announced hundreds of millions of dollars to launch the Cleveland Innovation District — a program to advance health care, research and related activities in the Greater Cleveland area. This week, one of the largest and most visible outcomes of that initiative will…
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Bedrock lays out riverfront plan, steps

At the City Planning Commission’s design-review meeting starting 9 a.m. Friday, representatives of Detroit-based Bedrock are scheduled to present more of its vision for downtown Cleveland’s riverfront below Tower City Center. In addition to showing renderings of the buildings and public spaces, Bedrock’s architectural team led by Adjaye…
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Downtown Lakewood back to drawing board

After two years of seemingly endless meetings surrounding the redevelopment of Lakewood’s former hospital site, Roundstone Insurance has not only left the development project but decided to leave the inner-ring suburb entirely. Currently located in the former First Church of Christ Scientist, 15422 Detroit Ave., the headquarters of…
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Oracle/Cerner to open Cleveland training center

Cerner Corp., a healthcare division of software giant Oracle, is planning to open a training center at 3121 Euclid Ave. near downtown Cleveland that could accommodate hundreds of people in classrooms simultaneously. The proposed training center speaks to Oracle/Cerner’s growing presence in Greater Cleveland and the addition of…
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Ohio, planning orgs plan Amtrak expansions

While Gov. Mike DeWine made the big news this week about Ohio seeking federal money to plan for and pursue Amtrak passenger rail expansion on two Cleveland-based routes, those aren’t the only routes that will be pursued. The Northeast Ohio Areawide Coordinating Agency (NOACA) also confirmed today that…
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