downtown Cleveland

Great Lakes Brewing revisits Scranton Peninsula move

NEOtrans has learned that one of Ohio’s oldest craft brewers is not only seeking to remain in Cleveland but is dusting off old plans to move its production facilities to Scranton Peninsula in Cleveland’s Flats. Sources familiar with the Great Lakes Brewing Company’s (GLBC) plans said that if public funding can be found to clean and prepare the vacated industrial site for redevelopment, it will likely relocate there.

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Samsel Supply to close its doors after 66 years

When they sold their properties on Old River Road in Cleveland’s Flats East Bank to a developer nearly three years ago, Samsel family members had declined to answer where they would relocate their commercial supply business, Samsel Supply Company. No one else in local real estate circles seemed to know either. Turns out the reason was a simple one that few had considered — they’re not relocating. They’re closing.

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Huntington Bank Field name to outlive Browns’ current stadium lease

At least we now know what a Brook Park multi-purpose stadium would be called, if the owners of the Cleveland Browns football team decides to build it. While most terms of the naming rights deal were not disclosed by the Haslams Sports Group and their National Football League franchise, we do know that it will outlast the current stadium’s lease which ends after the 2028 football season.

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‘Lakefront plan’ becoming ‘lakefront project’

One of the most important pieces of legislation regarding the future of Downtown Cleveland’s lakefront is working its way through Cleveland City Council. The proposed ordinance amendment, if passed at council’s next regular meeting Sept. 9, would codify the desired lakefront land-use features and set the city on a course to implement them. In other words, it would no longer be a lakefront plan, but a lakefront project.

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Bedrock starts Downtown Riverfront phase one

Construction permit applications were filed this week with the city of Cleveland’s Building Department so contractors can start digging and installing foundations for the first phase of Bedrock’s Downtown Riverfront development. That first phase is the Cleveland Clinic/Cleveland Cavaliers Global Peak Performance Center, touted as one of the world’s largest training facilities.

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Downtown property owner penalized for tax credit ‘double-dipping’

A U.S. Tax Court judge in Washington D.C. has agreed with the Internal Revenue Service (IRS) in disallowing a $22.6 million tax deduction claimed by Corning Place Ohio, LLC for not building a 34-story vertical addition on top of its 19th-century Garfield Building, 1965 E. 6th St., in Downtown Cleveland. Senior Judge Albert George Lauber also sustained the IRS commissioner’s imposition of a 40 percent penalty for a “gross valuation misstatement” in seeking the deduction.

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A strategic perspective of the Cleveland Browns Stadium

The Cleveland Browns have long been a cornerstone of Greater Cleveland, symbolizing community pride and excitement, and contributing to the local economy and cultural identity. While the current debate around the Browns’ future stadium is heavily focused on facility location and financial issues, it is crucial to recognize the team’s non-economic benefits, such as fostering civic pride, quality of life, regional unity, and shared traditions that bring people together.

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