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

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

Greater Cleveland real estate, economic, development and construction news

By Ken Prendergast  November 22. 2022

Minority-, female-, locally-owned contractor compliance cited

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.

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