City Planning Commission today gave city and school officials authority to enter into agreements with multiple proposed purchasers and real estate developers to acquire and repurpose 10 Cleveland Metropolitan School District (CMSD) properties. The disposition of those 10 properties is part of a larger effort to sell and reuse more school sites.
Friday, December 17, 2021
Thursday, December 16, 2021
Midtown development sites to double in size
A Midtown Cleveland development site is about to get twice as large. Even better, a developer is ready, willing and able to construct mixed-use developments on it, assuming a demolition request is approved. Community development officials said they are excited about the outcomes of clearing and cleaning the site left vacant by a former industrial user.
Wednesday, December 15, 2021
NEOtrans’ 56 stories about Sherwin-Williams’ 36 stories
On this date of the groundbreaking ceremony for Sherwin-Williams’ (SHW) new global headquarters, it’s not just a time to look ahead but to look back to see how we got here.
It was three years and two months ago that NEOtrans wrote the first of 56 articles about the SHW HQ project by breaking the news that SHW had started planning work for a new HQ. Or, more accurately, SHW “re-started” planning work that began several years earlier but was put on hold. Of more pressing concern from 2016-18 was SHW acquiring its rival Valspar and paying down its debt from that acquisition.
Ground broken for apartments and Meijer store
Tuesday, December 14, 2021
38-year-old building wins historic tax credit
Champagne was flowing in the lobby of 45 Erieview as Ohio Department of Development officials announced the winner of one of the state’s largest historic tax credits — a 38-year-old office building to be converted mostly into high-end housing. The $5 million tax credit may round out the $102 million project’s financing, allowing its sale and redevelopment to move forward.
Friday, December 10, 2021
City Club Apartments breaks ground for its first Cleveland project
A large property near you may be ripe for a jail
It’s definitely an unusual move. Typically, when a government agency needs a property for a new facility, it does an alternatives analysis of all the properties that meet its criteria. It then ranks them according to that criteria and then pursues acquisition of their preferred property or properties. If that doesn’t work out, the agency pursues its second favorite site. And so on.
Not Cuyahoga County. Instead of approaching owners of big, development-ready sites for its sprawling integrated Cuyahoga County Corrections Center (CCCC), the county wants you to come to them.