investment – Page 2

Cleveland benefits from national migration shift

Ken Prendergast / October 17, 2022

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

1 Comment / Ken Prendergast / October 13, 2022

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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Will Sherwin-Williams’ HQ be a pretty bunker?

1 Comment / Ken Prendergast / October 6, 2022

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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City reveals MetroHealth’s West 25th plans

Ken Prendergast / October 4, 2022

Conceptual plans made publicly available this week for the next phase of development near the MetroHealth medical center along West 25th Street show a slightly scaled-back design compared to previously released massings by the MetroHealth System and shared by NEOtrans last week. Specifically, a proposed new headquarters for the hospital’s police department will be built next to rather than on the first floor of a new 60-unit senior apartment building at the northwest corner of West 25th and Trowbridge Avenue in Cleveland’s Clark-Fulton neighborhood. A future apartment building at the southwest corner may be considered at a later date.

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MetroHealth starts West 25th development work

Ken Prendergast / September 30, 2022

MetroHealth System, developer NRP Group and RDL Architects Inc. have begun conversations with the City Planning Commission on the early stages of advancing the development of two large buildings on the west side of West 25th Street, across from the hospital’s main campus. The two buildings, to be located in Cleveland’s Clark-Fulton neighborhood, would provide market-rate apartments and affordable units for seniors, plus a new police station and ground-floor commercial uses along West 25th’s sidewalk.

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It’s official: Cleveland-Dublin flights start May 19, 2023

Ken Prendergast / September 28, 2022

With backing from Cleveland’s civic and business community, Irish flag carrier Aer Lingus has made it official today — Cleveland-Dublin nonstop flights were added to the airline’s reservation system and direct trips to Europe can now be purchased. The nonstop flights, the first to Europe from Cleveland since before the pandemic, will start Friday, May 19, 2023, according to the airline.

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Half of ex-Westinghouse plant to be razed

Ken Prendergast / September 27, 2022

Planning documents submitted to the city yesterday reveal that slightly more than half of the former Westinghouse plant overlooking the West Shoreway and Lake Erie could be demolished in preparation for the redevelopment of the surviving structures. According to sources familiar with the project, the surviving portions at the plant at 1200 W. 58th St. in Cleveland are proposed to be redeveloped as a boutique hotel, apartments and leasable commercial spaces plus parking.

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Bridgeworks wins Landmarks OK, awaits financing

Ken Prendergast / September 22, 2022

Final design of a 15-story mixed-use tower that’s proposed to be built at the west end of the Detroit-Superior Bridge was narrowly approved today by Cleveland’s Landmarks Commission. But whether the project actually gets built reportedly will depend on whether the project, called Bridgeworks, will win a “megaprojects” tax credit from the state in a few weeks.

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Is UC becoming Greater Cleveland’s top jobs hub?

Ken Prendergast / September 20, 2022

For the first time in 200 years, Downtown Cleveland is at risk of losing its position as the region’s top employment hub. And in so doing, it would also no longer be Ohio’s top job hub, too. Downtown Cleveland has held the region’s top ranking since the days before the Ohio Canal opened for business in 1832, making downtown Cleveland the state’s reigning economic powerhouse.

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The future of the Cleveland Play House site

Ken Prendergast / September 18, 2022

Planning and development activities by several large players are pointing toward the need for constructing thousands of housing units in and near the Cleveland Clinic and the nearby booming University Circle area. And while the large number of housing units already under construction in and near University Circle is evident, it’s likely that they will start rising west of the Clinic’s main campus soon.

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