downtown Cleveland

Downtown Lakefront buildings no longer for sale

Two very visible buildings at downtown Cleveland’s North Coast Harbor that were listed for sale over the past year were just taken off the market this week by owner Cumberland Development LLC. There are several reasons why the Harbor Verandas mixed-use building and the Nuevo Modern Mexican & Tequila Bar are being retained. But one of them is because of the fate of the nearby Burke Lakefront Airport could cause the value of the site to rise in the future.

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Medical Mutual HQ staff won’t return downtown

A spokesperson for health insurance industry giant Medical Mutual confirmed that the company’s headquarters will leave downtown Cleveland in 2023. However most of their roughly 1,000 downtown office employees never returned from remote-working during the pandemic, leaving the historic Rose Building at East 9th Street and Prospect Avenue mostly empty over the past two-plus years. Today’s news has led to some wondering if the building could be converted to residential as with other old office buildings downtown.

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Cleveland police HQ site search begins anew

Officials at Cuyahoga County and now at City Hall are having difficulty deciding where to build their new venues for addressing crime. Three years ago, an effort began in earnest to find a new home for Cuyahoga County’s new jail campus and a new courthouse tower. A steering committee set up to decide that course of action has failed to settle on a site for those facilities in that time. But the city’s efforts to find a new home for its Cleveland Police Department (CPD) Headquarters has been going on for even longer and will continue for at least a few months more, following an announcement today by Mayor Justin Bibb’s administration.

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$80 million OK’d for Greater Cleveland development

Yesterday in Baltimore, Treasurer of the United States Chief Lynn Malerba awarded $5 billion worth of New Market Tax Credits (NMTC) nationwide, with $80 million of that to support real estate development projects Greater Cleveland. The projects are intended to be transformative by attracting private investment to create jobs in underserved communities.

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Cleveland’s first railroad is history

On an early fall day, Sept. 30, 1847, one of the most prominent men in the fast-growing state of Ohio rolled up his sleeves and joined others in starting the construction of Cleveland’s first-ever railroad. It was a ceremonial groundbreaking not unlike those of today where dignitaries flip dirt with golden shovels to commemorate the start of some new construction project. But, in this case, Cleveland’s first village president, its first attorney and the father of the Ohio & Erie Canal had to get his hands dirty pronto or his new railroad company would lose its charter from the state — again.

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Cleveland benefits from national migration shift

One of North America’s next big migrations may already be underway. And according to early data, it appears that Cleveland and other Great Lakes cities are among those benefitting from it. What’s driving this new migration? The basics — low cost, proximity to family, abundant fresh water and peace of mind from not worrying about your neighborhood catching on fire or washing out to sea.

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Lakefront park expansion advances

While there’s been lots of studies about how to improve Cleveland’s lakefront, one is actually moving forward into formal design and construction permitting — the last step before acquiring funding and construction for an expanded lakefront park. And although the detailed design and permitting will continue through to the end of 2023, a big piece of funding for lakefront park expansion will be decided by voters next month.

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Downtown Cleveland’s ‘office market needs help’

This week, global real estate brokerage Newmark released its third quarter office market report for Greater Cleveland and the news wasn’t good, especially for downtown Cleveland. While three of five submarkets in the metropolitan area saw declining occupancies of office spaces in July-September, none suffered a greater loss than the central business district. That district includes everything from Ohio City east through Downtown to Midtown.

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Will Sherwin-Williams’ HQ be a pretty bunker?

To sit or not to sit, that was the question that caused the biggest debate today among members of a design-review panel of Cleveland’s City Planning Commission prior to supporting landscaping and site amenity plans for Sherwin-Williams’ (SHW) new global headquarters. The question became a point of debate over concerns of whether adding benches to the outdoor areas of the downtown HQ would attract homeless people to sleep there as is already the case at locations throughout the adjacent Public Square.

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