East 9th Street

Postmortem on Medical Mutual’s HQ decision

The decision for Medical Mutual of Ohio to abandon its downtown Cleveland headquarters for suburban Brooklyn was apparently less of a strategic move and more of a matter of which city’s public incentives got used first. And according to a local real estate insider, it was a short-term decision that could end up biting the Fortune 1000 company and downtown in their hind ends in the long term.

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45 Erieview Plaza has a buyer and a plan

According to sources who spoke off the record, the former Ohio Bell Telephone headquarters now called 45 Erieview Plaza has a buyer with a plan. While the details of the project are still being developed, it reportedly will be a mixed-use development with 280 residential units, a couple floors of offices and some retail.

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