NEOtrans

Skyline-changing legislation has suddenly sparked back to life in the Ohio legislature. Substitute Senate Bill 39, to create a tax credit for insurance companies to invest in Transformational Mixed Use Developments (TMUDs), could aid several big real estate developments in Cleveland.

Cleveland Development Advisors today announced $9 million in new commitments to help stimulate projects with measurable social impacts in the Cleveland neighborhoods of Clark-Fulton, Glenville and Buckeye-Kinsman, and the immediately surrounding areas.

Several properties at Lakewood’s East End have changed hands recently, resulting in new investments that are due to turn underutilized structures into productive buildings once again. The latest and largest transaction occurred Oct. 16 when Jim Miketo, owner of Forest City Shuffleboard in Ohio City, acquired a three-story, 101-year-old,…

A large investment in Greater Cleveland’s greatest natural asset could result from a jurisdictional planning effort announced on Oct. 17 at the Lakewood Women’s Club Pavilion at Lakewood Park. The investment could result in a transformative economic and quality of life payback for the region.

Cleveland-based NRP Group has submitted to the city revised plans for its Scranton Peninsula development, after an earlier version was rejected by the City Planning Commission as having too much surface parking and looking too suburban.

Not only will Sherwin-Williams’ new headquarters plus research and development facilities be located in downtown Cleveland, but the coatings giant also has chosen its construction manager, learned the amount of its public incentives package and set its deadline for announcing its HQ+R&D site.