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Sherwin-Williams: already outgrown its new HQ

With the completion of Sherwin-Williams’ new Downtown Cleveland headquarters tower delayed well into next year, the global coatings giant has a some extra time to consider its options on how to handle various aspects of its unanticipated growth. Since the company has already outgrown its new HQ before it is finished, that means weighing a second HQ tower, expanding remote work, as well as addressing parking and commuting options.

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Cleveland Museum of Art’s $8M lobby reno starts May 1

Increasingly crowded with students, tour groups and attendees of special events, three lobbies at Cleveland Museum of Art (CMA) are about to be renovated thanks to $8 million worth of donations. Those gifts will help make those gathering locations in one of Cleveland’s most popular museums a place to enjoy rather than deal with.

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Downtown: Huron may close for street market

Although early in the process, Playhouse Square Foundation is leading an effort in Downtown Cleveland that could result in the closure of Huron Road to vehicles to allow for the expansion of US Bank Plaza and create a venue for a street market of pop-up vendors and artists. The potential closure to cars and trucks could affect a short stretch of Huron that’s closest to Euclid Avenue.

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Progressive Insurance puts offices up for sale

Although the global insurance provider cautioned that this day was coming, it doesn’t make its arrival any easier. Mayfield Village-based Progressive Insurance has announced that it will offer for sale millions of square feet of office space here in Greater Cleveland and around the country. This comes at a time when nearly every office-based employer is shedding office space in favor of remote work, too.

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Park Place Tech seals HQ deal

After a year-long search for a new headquarters, Park Place Technologies has closed on its deal to acquire Progressive Direct Insurance’s Alpha Campus in Highland Heights. Consummation of the purchase agreement sets the stage for renovating the multi-building campus and ultimately relocating to it 500 headquarters employees from neighboring Mayfield Heights. Warehouse operations in Solon will also be consolidated on the new site.

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Phase 2 awaits: Innovation Square, Fairfax Market

Two mixed-market-rate apartment developments that just opened along East 105th Street in Cleveland’s Fairfax neighborhood have phase-two projects proposed. But construction on the pair of follow-on projects may not occur for a year or more as lending remains tight and leasing activity has been uneven. But things could accelerate next year after interest rates fall and hiring starts for thousands of permanent jobs at several large Cleveland Clinic buildings under construction nearby.

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Fairview Hospital unveils North Campus options

At a community meeting this evening at Fairview Hospital, Cleveland Clinic Foundation officials showed five design options for developing a new clinical building containing the Moll Cancer Center and medical offices plus a new parking garage on Fairview Hospital’s North Campus, north of Lorain Avenue. While there were some variations in the scale and shaping of the clinical building, the greatest difference between the options was where and how to construct a new parking garage or three.

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Rezoning recommended for Ohio City project

In February 2023, the first of many public meetings were held for a medium-sized development called 45 West proposed by Cleveland-based My Place Group on Lorain Avenue at West 45th Street in Cleveland’s Ohio City neighborhood. More than a year later, a rezoning request was recommended by the City Planning Commission to City Council to allow the project to move forward.

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Cleveland skyscraper’s new owner plans upgrades

Purchase of Downtown Cleveland’s third-tallest skyscraper last week was officially confirmed today by the skyscraper’s new owner. A partnership of Namdar Realty Group and Mason Asset Management, both of Long Island, NY, also said they have a formed a five-year capital plan to improve 200 Public Square and hired a new building manager to carry out that plan. Enhancing the retail offerings in the tower’s atrium for office tenants and nearby residential buildings is part of its goal.

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County courthouse to have new address?

A Cuyahoga County committee has reportedly rejected all but one of the proposals that could have kept a Consolidated Courthouse at the current site of Downtown Cleveland’s existing Justice Center. NEOtrans has learned that, of the four surviving proposals, one involves a complicated, time-consuming double-move of courthouse functions from the current site and back again. If rejected, it would end a five-decade run of the Justice Center site as a law enforcement, adjudication and penal facility and set the stage for its redevelopment.

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