Thursday, February 22, 2024

Seeds & Sprouts 34 - McKinsey moving, Dunham Tavern greening, Encompass opening, Nia’s Cafe Kinsmaning

McKinsey & Co.'s move to near the top of Key Tower in Downtown Cleveland is
the office market in a microcosm. Not only is the consulting firm shrinking
its office footprint, it's making a flight to quality (KJP).
CLICK IMAGES TO ENLARGE THEM.

In this 34th installment of Seeds & Sprouts, we cover McKinsey & Co's planned move to near the top of Key Tower, Dunham Tavern & Gardens adding green infrastructure, Brooklyn Polish American Home to host Encompass Health's first foray into Northern Ohio, and Nia's Cafe & Store plans open on Kinsman Avenue in Mount Pleasant.

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Wednesday, February 21, 2024

CLE Consulting Firm leaving Downtown for MidTown

Located on the northwest corner of Euclid Avenue and East 71st Street in
Cleveland’s MidTown neighborhood, the vacant Euclid Gallery Building
is reportedly going to be the new headquarters of the CLE Consulting
Firm after the property’s sale closes. A station on the Greater Cleveland
Regional Transit Authority’s HealthLine bus rapid transit is out
front (LoopNet). CLICK IMAGES TO ENLARGE THEM.

CLE Consulting Firm, a growing provider of business accounting and tax services, has reached a purchase agreement to acquire the Euclid Gallery Building, 7029 Euclid Ave. in Cleveland’s MidTown neighborhood, public records show. The faded masonry building will reportedly be renovated as the new headquarters for the company which also has offices in Akron, Cincinnati, Columbus, Toledo and Atlanta.

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Tuesday, February 20, 2024

Tremont hillside development plan regains life

This is a massing for two multi-family buildings proposed by J Roc Develop-
ment just downslope from the Towpath Trail in Cleveland’s Tremont neighbor-
hood. This rendering suggests that buildings built to a proposed maximum
height of 60 feet would not block views of downtown from the trail and the
homes south of it. A massing is a mostly featureless box showing the potential
scale of conceptual buildings in a proposed development (J Roc).
CLICK IMAGES TO ENLARGE THEM.

A large, proposed redevelopment of former industrial and railroad lands on a hillside in Cleveland’s Tremont neighborhood is showing renewed signs of life after a court battle was settled in December. That settlement involved land being divvied up so a rezoning can move forward and an asphalt plant can continue to operate. If the land is rezoned by City Council, a mostly residential development can proceed — next to the asphalt plant.

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Cleveland’s Select Medical Fairhill Hospital to see major rehab

The three-story Select Medical Fairhill Hospital will be converted into a
32-bed rehabilitation facility as part of a $12 million renovation project
(Select Medical). CLICK IMAGES TO ENLARGE THEM.

Just uphill from the Cleveland Clinic’s main campus, Select Medical Fairhill Hospital is seeking a significant renovation and partial conversion of its recovery-care hospital to provide rehabilitation services. The fate of this facility was unknown after Select Medical recently closed another facility near Downtown Cleveland.

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Saturday, February 17, 2024

State launches All Ohio Future Fund to support new development projects

Up to $750 million is available from the Ohio Department of Development
to help with infrastructure costs to make potential job-producing sites ready
for new development (KJP). CLICK IMAGES TO ENLARGE THEM.

Gov. Mike DeWine, Lt. Gov. Jon Husted and Ohio Department of Development Director Lydia Mihalik yesterday announced $750 million in funding is now available to assist communities with infrastructure costs to create project-ready economic development sites.

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Friday, February 16, 2024

Haslams keep options open for Brook Park site

In Brook Park, the Forward Innovation Center-West may or may not be the
site of a future Cleveland Browns stadium. But it would figure into the final
destination of the stadium two sources said, potentially by allowing the
United States Postal Service distribution facility near Downtown Cleveland
to be relocated to here. An Amazon distribution center is visible in the
background (Google). CLICK IMAGES TO ENLARGE THEM.

NEOtrans’ scoop last week that the owners of the Cleveland Browns are reportedly buying a 176-acre parcel in suburban Brook Park led to a flurry of discussion about what that means since the sources didn’t say why. The most obvious speculation is that the land is for a new stadium venue for home games for the National Football League franchise. But that may be only partly true. Instead, one option is to apparently use it as part of a land trade for a stadium.

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Thursday, February 15, 2024

Cleveland getting 10 new nonstops from Frontier Airlines

Frontier Airlines will add in May direct flights to 10 cities, including several
currently lacking nonstops, in addition to the direct flights to New York-
LaGuardia and Minneapolis-St. Paul it announced last month (By
MarcelX42). CLICK IMAGES TO ENLARGE THEM.

New nonstop air service from Cleveland Hopkins International Airport (CLE) will be offered by Frontier Airlines to 10 additional destinations starting this May. Those destinations include New Orleans, Jacksonville, Houston, Myrtle Beach, Austin, Charleston, Savannah, Salt Lake City, Pensacola and Baltimore.

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