Trending development, economic & real estate news
Sherwin-Williams invests in Higbee Building
Yesterday, on the same day Sherwin-Williams (SHW) was touting in a press release the move-in dates for its 1.6 million square feet of new research and headquarters facilities, it was also delivering plans to the city of Cleveland for renovations to three floors of downtown’s Higbee Building.
Pennrose acquires Warner & Swasey site
Four decades after the venerable Warner & Swasey factory in Cleveland’s Midtown neighborhood closed, good things appear to finally be coming together for a rebirth of the 3-acre site.
Higley becomes 100% employee owned
As Higley Construction, formerly known as The Albert M. Higley Co., celebrates its 100th year, the company today announced its transition to an Employee Stock Ownership Plan (ESOP) — officially becoming a 100 percent employee-owned company.
Housing study: Ohio rents rise faster than incomes, homelessness jumps
Homelessness and homeownership are both rising in Ohio, pointing to a mixed bag of housing market indicators that need to be either slowed or supported by state housing policies and programs.
West Cleveland Target store to be rehabbed
Next year will be the 20th anniversary of the Target store at West 117th Street and Interstate 90 in Cleveland’s Westown neighborhood. And after two decades of pretty heavy foot traffic, it needs a freshening up.
City View Lofts planned on Euclid Ave.
Plans were submitted to the city yesterday for the latest conversion of an aging, post-war office building near the intersection of Euclid Avenue and East 30th Street. But the proposed conversion at 2728 Euclid Ave. may come at a bargain price.
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