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Ohio City megaproject nearly ready for roll-out

As early as next month, plans may go public for a significant mixed-use development on the largest undeveloped site in Cleveland’s booming Ohio City neighborhood. Sources familiar with the project said the release of plans for the development, first confirmed by NEOtrans in October 2023, was delayed as the development team attempted to include a well-known property but will instead move forward without it.

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Sherwin-Williams HQ delayed into 2025

Sherwin-Williams’ headquarters construction management team had hoped to enclose its new 616-foot-tall office tower in Downtown Cleveland by spring. But with April right around the corner, the building has not yet reached that milestone. While delays are happening to a lot of building projects due to supply constraints, Sherwin-Williams has made sure its employees won’t be left out in the cold.

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New Downtown Cleveland Clinic, Cavs center to see groundbreaking by year’s end

Today, the Cleveland Cavaliers, Cleveland Clinic and Bedrock Real Estate revealed the first official renderings of the Cleveland Clinic Global Peak Performance Center. Pending city approvals, groundbreaking on the Cleveland Clinic Global Peak Performance Center is anticipated before the end of 2024.

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Browns stadium likely going to Brook Park, if…

NEOtrans has learned that the Cleveland Browns and their owners, the Haslam Sports Group, want several things from their stadium over the next 30 years that the City of Cleveland appears unwilling to give them. That includes a dome that adds another $1 billion-plus to the stadium’s cost and control over revenues from parking and a ballpark village development.

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Cleveland Public Square’s continuing transformation

Construction started today on the Group Plan Commission’s Superior Crossing Project with a ceremonial farewell to the unpopular and infamous concrete barriers that have stood on Public Square since its major reconstruction eight years ago. But for the next three months, that means some traffic reroutes, bus detours and transit stop relocations to learn.

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It’s official: Board of Elections to ex-Plain Dealer building

Confirming news first reported here at NEOtrans two weeks ago, Cuyahoga County Executive Chris Ronayne informed county staff that he will introduce plans to Cuyahoga County Council on Tuesday to lease the former Plain Dealer building downtown for the new Board of Elections (BOE) offices. In a memo circulated today to certain county employees, he also outlined plans for additional real estate moves by the county.

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Metroparks buying more Cuyahoga Riverfront land

Adding 4.5 acres of land along the Cuyahoga River is a relatively small contribution to the 1,000 acres the Cleveland Metroparks has acquired in just the past three years. But this latest addition may be one of its most visible and strategic. The site the Metroparks wants is located in Cleveland on Whiskey Island, between the river and the park system’s new Wendy Park Bridge. Interestingly, no deal has been reached with the property’s current owner, Ontario Stone Corp.

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Cleveland suburban office market ‘bloodbath’

The numbers are downright ugly. High office vacancy rates and even higher availability rates exceeding 20 percent owing to a big jump in office spaces available for sub-lease. Numerous Class A office buildings are for sale with few if any interested buyers. For those in a buying mood, their lowball interest may be only for the land to hold for a possible conversion to new uses or for the hopes that better days may return to the office market — someday.

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Downtown Cleveland’s recovery accelerated in 2023

In a data-heavy report released today, Downtown Cleveland, Inc. (DCI) outlined its achievements in continuing the recovery of Cleveland’s business and hospitality center and one of Cuyahoga County’s fastest-growing residential areas. The data, contained in the 2023 Downtown Cleveland Economic Development Report, says the recovery of Cleveland’s central business district is outpacing that of its peer cities in Ohio and the Great Lakes region.

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