A $1.1 billion Neurological Institute on Cleveland Clinic’s Main Campus will be structurally completed. Downtown’s new 616-foot-tall Sherwin-Williams headquarters tower, part of the coatings company’s $860 million “Building Our Future” initiative, will see its ribbon cut. And construction is due to start on the Haslam Sports Group’s $2.4 billion enclosed stadium in Brook Park.
Read MoreCleveland’s waterfronts: The New Year’s story Read More »
An historic, four-story commercial building on the east end of Downtown Cleveland has gone on the market. And, at the same time, renovations to the building are about to begin, at least partially. Those two seemingly disconnected actions have a connection — making the property more marketable.
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A land sale recently approved by the Greater Cleveland Regional Transit Authority (GCRTA) went largely unnoticed, as did the fund where the sale proceeds will be deposited. But when combined, both could have long-term implications for the cash-strapped transit agency which is considering significant service cuts.
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A company with a great deal of development experience in Greater Cleveland, including having a hand in the relocation of the Cleveland Browns to suburban Brook Park, was named today as the master developer of Downtown Cleveland’s lakefront that encompasses the current Browns stadium site.
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Ten redevelopment projects in Cuyahoga County were awarded historic preservation tax credits today by the Ohio Department of Development. In total, those represent nearly one-third of all winning projects statewide and two Cleveland projects won the $5 million maximum of historic credits.
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We may be only a few weeks away from learning more details about a possible sale of Downtown Cleveland’s historic Rockefeller Building. But the grapevine is already buzzing as to what might happen after a sale is closed.
Read MoreRockefeller buyer has big plans for site Read More »
Among the objectives in redeveloping Downtown Cleveland’s lakefront is to fill the physical and economic void to be left by Huntington Bank Field and their main attraction, the Cleveland Browns. That was one of the insights shared by the chief of the North Coast Waterfront Development Corp. (NCWDC) at yesterday’s Planning Commission meeting.
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Roughly $10.3 million in federal historic tax credits were awarded to a proposed $61.6 million redevelopment of an abandoned 19th-century riverfront flour mill in Cleveland’s Flats into a hotel and supportive uses. And up to $5 million in state historic tax credits may be added by the end of the year.
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With a 13-2 vote tonight, Cleveland City Council authorized a proposed settlement agreement between Mayor Justin Bibb’s administration and the Haslam Sports Group (HSG), owners of the Cleveland Browns football team. The deal involved some last-minute negotiations as it wasn’t even on council’s agenda earlier today.
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In 2021, Detroit-based developer Bedrock announced its plans to develop a long-neglected portion of the Cuyahoga riverfront with 35 acres of mixed-use development and green space. Phase 1A of the development involves the construction of a practice facility for the Cleveland Cavaliers in partnership with the Cleveland Clinic—here’s a current look at the progress so far.
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