Cleveland Clinic to massively expand its facilities

A “whale” in real estate terms is a new building of more than 500,000
square feet. The last one built in Cleveland was MetroHealth Health
System’s 700,000-square-foot, 11-story, $1 billion Glick Center, seen
here under construction in April 2020. If they added four more floors
and another 200,000+ square feet to it, it would equate size-wise
with what the Cleveland Clinic Foundation now has in mind for
its massive new Neurological Institute (KJP).
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In a stunning surprise, the Cleveland Clinic Foundation is reportedly pursuing a major expansion of its previously announced proposal to build a new Neurological Institute. The new building was proposed to measure 400,000 square feet. Now, a source very close to the Clinic says the building will exceed 900,000 square feet and bring more than 1,000 new jobs to the global health care system’s main campus near University Circle.

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West 25th transit plan to give development a lift

Looking north along West 25th Street from the intersection of Franklin
Boulevard in Cleveland’s Ohio City, the 25Connects plan would do
more than speed up bus service between downtown and Old Brooklyn.
It could also help energize high-density, mixed-use development called
Transit-Oriented Development that boosts transit ridership, walking
and biking thereby reducing car dependency as this conceptual design
shows (GCRTA). CLICK IMAGES TO ENLARGE THEM

City Planning Commission approval is expected tomorrow for a comprehensive plan to enhance public transportation service along the busy West 25th Street corridor between downtown Cleveland and the Old Brooklyn neighborhood.

The proposed 25Connects bus rapid transit project would speed up Greater Cleveland Regional Transit Authority (GCRTA) buses by 10-20 percent, tapping federal transit funds to redesign the street and create bus-only lanes similar to the HealthLine along Euclid Avenue. GCRTA is undertaking 25Connects with design assistance from Stantec Inc. of Edmonton, Canada and Seventh Hill LLC of Cleveland.

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Sherwin-Williams HQ groundbreaking date set

By early 2024, this will be the view looking west from Public Square.
Where trash-strewn, windswept parking lots have marred downtown
Cleveland for decades, a glass office tower for more than 3,000 em-
ployees of the Sherwin-Williams Corp. will soon stand (SHW).
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What’s one way a company can express its confidence? By scheduling a groundbreaking ceremony for its new headquarters complex two weeks before final designs for said complex are due to be voted on by the city.

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The power play property next to new Sherwin-Williams’ new HQ site is in play

Originally built in 1882 as the Gilman Building, 1350 W. 3rd St.,
this structure has served many owners and tenants over the past
139 years. It could soon serve another owner who might be its
last or could hold on to it for a developer with a plan (KJP).
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It’s not much to look at right now, but a five-story commercial building at the southwest corner of St. Clair Avenue and West 3rd Street in downtown Cleveland appears to be the subject of a power play. That play ultimately involves Sherwin-Williams (SHW) and the neighboring site where its proposed global headquarters is due to rise starting this winter.

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Investors putting big money into Glenville

This pair of century-old apartment buildings on either side of East
105th Street at Colonial Avenue are among 20 Glenville buildings
that were acquired by an investor who is renovating them with
affordable housing (Google).
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Denver and Cleveland investors acquired 20 Glenville apartment buildings with the intent of renovating them with affordable housing. The investors, Cardinal Housing Group and Salus Development, are committing $16.6 million to property acquisitions and rehabilitations, according to city of Cleveland and Cuyahoga County records.

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Judge rules in favor of city, Little Italy development

Looking generally south along East 123rd Street in Little Italy, Woodhill Coltman
Partners LLC will reportedly restart construction work on a four-story apartment
building following a judge’s ruling. South and east of the 80-unit apartment build-
ing, the development team will also build 17 townhouses (SixMo).
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A Cuyahoga County Common Pleas Court judge has ruled that two residents of Cleveland’s Little Italy neighborhood lacked the standing and evidence to sustain an appeal challenging the development of a nearby apartment building. Judge Michael J. Russo dismissed the lawsuit, allowing construction at the former Woodhill Supply, 1862 E. 123rd St., to restart.

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Stark confirms nuCLEus project is ‘on hold’

Last year, Stark Enterprises was ready to build this scaled-down
version of nuCLEus featuring a 24-story office tower above a pe-
destal of retail and parking. But a Stark representative blamed
the pandemic and difficulties competing with Steelyard Commons
in attracting retail to downtown Cleveland (Stark).
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A Stark Enterprises executive has confirmed the firm’s dramatic and ambitious nuCLEus development planned for downtown Cleveland is on hold.

The project was originally proposed in 2014 as a multi-structure, 2-million-square-foot, mixed-use development marked by a 54-story tower. Since, nuCLEus was shrunk twice to a single 24-story office tower atop a pedestal of parking and retail as Stark searched for a public subsidy to overcome Cleveland’s high construction costs and low rents.

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