Playhouse Square

Ohio Capital Budget’s Cuyahoga County projects

Ohio Gov. Mike DeWine said he is eager to sign the largest capital budget in the state’s history. This $4.2 billion goody bag of Senators’ and Representatives’ gifts to their constituents was passed yesterday, resulting from a strong economy and robust tax revenues that fed a record budget surplus. In that goody bag are things ranging in size from $2,250 for the Solon Innovation Center to $20 million for Downtown Cleveland’s North Coast Connector land bridge.

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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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Cleveland’s Greyhound/Barons Bus station futures

While city-to-city bus services have vacated traditional downtown stations for remote, curbside boarding locations in Ohio cities like Cincinnati, Columbus and Dayton, Cleveland travelers may be spared that treatment in a plan being worked out with the city. But city planners and advocates say the long-term station site may be a new multimodal transportation center linking all modes of intercity and intracity transportation elsewhere in Downtown Cleveland.

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Dix & Eaton grows, buys St. Louis PR firm

With a new Downtown Cleveland headquarters in the works, Dix & Eaton will move into it as one of the largest, employee-owned communications companies in the United States. That change in status occurred on Nov. 1 when the 71-year-old strategic communications firm acquired Standing Partnership, a 32-year-old, St. Louis-based marketing communications consultancy. The acquisition was announced today by Dix & Eaton. Terms of the transaction between the two privately owned firms will not be disclosed.

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Downtown project wins financing

With financing now in hand, look for demolition and construction work to start this summer for the Residences at Bolivar, 1060-1124 Bolivar Rd., in downtown Cleveland’s Gateway neighborhood. The work was made possible by Chicago-based JLL Capital Markets arranging $38.5 million in construction financing and co-general partner equity in the project from an affiliate of another Chicago firm, Leopardo Companies. JLL Capital Markets announced the financing in a written statement this week.

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