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Four NE Ohio projects win TMUD credits

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In the first round of Ohio’s Transformational Mixed Use Development (TMUD) tax credit program, more than half of the major-city credits went to Cleveland. Today, more than half of those credits went to just two projects in Columbus. That left enough TMUD credits to benefit two projects in Cleveland — the Erieview redevelopment in downtown Cleveland and the Circle Square megaproject in University Circle. Unfortunately, that also meant that several other projects in Cleveland and Cuyahoga County were left out.

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Bridgeworks seeks options after 2nd TMUD snub

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The development team that has sought to build the high-rise Bridgeworks development, 2429 West Superior Viaduct, in the Hingetown section of Ohio City is left with more questions than answers today after being left off the awards list for Ohio Transformational Mixed Use Development (TMUD) tax credits the second time. The Ohio Tax Credit Authority is making its decision on TMUD award winners and losers today, but information about other applicants was not yet available.

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Stark has new buyer for downtown site

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If it’s December, then there’s a new buyer emerging for the so-called “nuCLEus” properties owned by Cleveland-based Stark Enterprises. But there’s a few differences with the potential sale of downtown land in the Gateway District compared to last year’s deal that fell through. Perhaps the most significant difference this time is that Stark’s CEO isn’t denying it.

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Bedrock’s ambitious Tower City, riverfront plans

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After months of work, Bedrock Real Estate of Detroit and its masterplan architect David Adjaye Associates of Ghana today released their vision for the Cuyahoga Riverfront below Tower City Center in downtown Cleveland. The $3.5 billion vision would add more than 3.5 million square feet of mixed uses next to the former railroad passenger terminal turned shopping center. It’s the latest in a century’s worth of ambitious visions of the waterfront closest to Public Square.

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Police HQ to the ArtCraft Building

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After a competitive request-for-proposals (RFP) process the city has selected the historic ArtCraft Building, located at 2530 Superior Avenue, as the top pick for the new Cleveland Division of Police (CDP) headquarters. The city will begin negotiations for the site with the property owner’s team led by TurnDev Development and expects to have legislation ready for city council in January 2023.

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Westinghouse plans revealed

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Plans for the Westinghouse redevelopment got a lot clearer this week after NEOtrans was able to secure recent conceptual plans for the project. While a luxury boutique hotel and apartments are likely to be the highest-profile features in a pending redevelopment of the former Westinghouse plant overlooking the West Shoreway, a less sexy land use will be the plan’s bread and butter. That use is a planned warehouse for Cleveland-based McPc, a fast-growing information technology company that helps businesses manage security risks and logistical challenges.

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Kalina House eyes construction in 2023

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Although a proposed building in Cleveland’s Fairfax neighborhood to support individuals with traumatic injuries and their families is physically small, the need for the facility is large. To that end, the nonprofit Mark Kalina Jr. Foundation will host a Buy-A-Brick Fundraiser over the coming weeks in support of the proposed housing facility – The Kalina House. This opportunity for charity will run from Giving Tuesday on Nov. 29 until New Year’s Eve.

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The next CSU: a few insights

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When Cleveland State University (CSU) formally released its downtown campus master plan to the public last week, a few things were left out. They weren’t included in the public release out of some devious intent to deceive the public. Rather, it was because CSU officials and those at the Boston-based planning firm Sasaki Associates CSU hired to develop the master plan hadn’t yet made decisions on the omitted elements.

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

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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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