A press release will be issued tomorrow by SHW. It is doubtful that any site plans or renderings of the new HQ facilities will be included. The current headquarters with about 3,150 jobs is located in the Landmark Building, 101 Prospect Ave., with other SHW offices in the neighboring Skylight Office Tower.
The fact that SHW is not only staying but will relocate and add to downtown as many as 1,800 office jobs, company-wide training facilities and development of nearly 7 acres of windswept parking lots in the central business district is a tremendous victory for downtown Cleveland. SHW's HQ will reportedly measure 1.45 million square feet and represent a $1 billion investment.
The jobs will be consolidated downtown from throughout Northeast Ohio and from other states. There will also be significant spin-off developments that have been pending for months on nearby properties downtown.
But it isn't a complete victory for the city of Cleveland although it is one for Greater Cleveland. Also in play was SHW's consolidated research and development (R&D) facility with up to 1,000 jobs, including about 400 R&D jobs to be relocated from Minneapolis. The R&D facility will go to the former Veterans Administration Hospital site in Brecksville, being redeveloped as Valor Acres by the DiGeronimo Companies.
It was one of two finalist sites for the R&D center that included Bedrock Cleveland's riverfront phase of its CityBlock development. Cleveland will lose 350-400 R&D jobs with the closure of SHW's John G. Breen Technology Center, 601 Canal Road. As many as 300 jobs will be relocated from SHW's automotive and performance coatings groups, 4440 Warrensville Center Rd., Warrensville Hts.
A month ago, SHW took a harder look at Brecksville after it abandoned its favored site for the R&D facility -- about 9 acres of land owned by Scranton-Averell Inc. on Scranton Peninsula. The site, across the river from the Breen Center, was apparently polluted with wood preservatives by decades of use as a lumber mill and storage yard.
Just a few days ago, Bedrock company officials were reportedly very confident that they would land the R&D facility and be an anchor for its ambitious plans for developing the riverfront below Tower City.
But a source said the proximity of SHW's HQ didn't matter for the R&D facility once it was decided that it wouldn't be attached to the HQ. So, in that respect, it is fortunate for Greater Cleveland that the R&D facility didn't end up in another state.
The R&D facility will measure about 350,000 square feet, compared to 140,000 square feet at the existing Breen Center. One building at Breen dates from 1948 and the other from 1993. Some of the 170,000 square feet of buildings at the R&D facilities in Minneapolis that SHW acquired in the Valspar acquisition are much older than Cleveland's R&D center. But like Cleveland's, Minneapolis' buildings were recently renovated.
In the coming weeks and months, more details about SHW HQ+R&D projects will become known, including site plans, massings, renderings and other design elements for both the downtown Cleveland and Brecksville sites.
END
How did Jackson/City of Cleveland fail to keep the R&D component in Cleveland?
ReplyDeleteYou can't force a property owner to be responsive in accepting an R&D facility on it (Scranton Peninsula), nor can you force SHW to accept a property that would be very expensive to develop with R&D (Bedrock site).
DeleteWas Midtown ever a viable option?
DeleteNot that I'd heard.
DeleteAlthough good news still disappointed about the R&D facilities but it could be a lot worse
ReplyDelete