Browns

Clock expires on keeping Browns downtown

It seems that the clock has run out on city of Cleveland and Cuyahoga County leaders on keeping the stadium downtown for the Cleveland Browns football team’s home games. NEOtrans has learned that the Browns’ owners, the Haslam Sports Group, are due to make an announcement soon, possibly by the end of this month, that they will put all their efforts into building a new covered stadium in suburban Brook Park.

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TMUD round 3 starts next week

The desire for new-build projects in downtown Cleveland led to the creation of the state’s Transformational Mixed Use Development (TMUD) tax credit program nearly three years ago. But in the first two years of the four-year TMUD program, no developers of new-construction downtown projects have submitted applications. As the third round of TMUD will start next week, will a new-build project downtown finally be an applicant — or perhaps even a winner — despite of tightening labor and credit markets plus rising interest rates?

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A dozen high-rises in the works downtown

Last week, NEOtrans wrote about three high rises in a single development — the first phase of Bedrock’s riverfront site — that could see construction start by this time next year. But that is by no means the only downtown high-rise development in the works. NEOtrans is aware of 13 high-rise projects of 10 stories or more in various stages of development, not including those already under construction downtown. This inventory includes only potential new-construction high-rises, not major renovation projects like The Centennial, redevelopment of the Rose Building and others.

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Downtown sites to add retail sports betting

After Ohio legalized sports betting last December, several locations in downtown Cleveland are getting ready to compete in offering sportsbook retail venues where customers can place bets on a wide variety of sporting events. And they’re doing it before the Ohio Casino Control Commission has established the ground rules for making applications for up to 40 sportsbook licenses statewide.

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