inclusion

Downtown Lakefront projects flow

Several large-scale projects along downtown Cleveland’s lakefront are moving forward thanks to developments in recent days. In addition to multi-million-dollar grants being awarded for lakefront projects, the City Planning Commission approved plans for the $100 million expansion of the Rock & Roll Hall of Fame. Also, a national nonprofit that promotes racial equity revealed it is partnering with the city on designing an inclusive lakefront. And plans for converting the Shoreway highway into a boulevard are crystalizing but may complicate Amtrak’s passenger rail expansion plans.

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Sherwin-William HQ+R&D rises to $750 million

Sherwin-Williams (SHW) has announced that construction costs for its new headquarters in downtown Cleveland plus its research and development facility in suburban Brecksville have increased from at least $600 million to $750 million. But the cause, according to the global coatings giant, isn’t entirely what’s affecting all other construction projects — inflation and interest rates. Instead, it cited compliance with state, county and municipal regulations in hiring minority- and female-owned subcontractors and suppliers, plus local small businesses. Those regulations were triggered because of public-sector resources SHW tapped for these projects.

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