Sherwin-Williams seeks “strategic developments” at HQ

A purple outline of a building or buildings on the strategic development
site of the North Block of Sherwin-Williams’ headquarters campus
suggests what is possible. This view is from the corner of West 6th
Street and St. Clair Avenue in downtown Cleveland’s Warehouse
District. Renderings of SHW’s complex headquarters tower and
parking garage are in the background (Property of Sherwin-
Williams Company). CLICK IMAGES TO ENLARGE THEM.

When Sherwin-Williams (SHW) finalized a deal last month with Florida-based Benderson Realty Development Co. to buy a big stake in its new global headquarters, the conversations reportedly began with different intentions. According to sources who spoke on the condition of anonymity, those intentions were both more modest and more grand, depending on how one looks it, and could play out further over the coming year.

READ MORE

Seeds & Sprouts XXV — Park Place Tech stays, LaSalle Theater available, Grant Thornton moving

Park Place Technologies currently occupied Building No. 2, at lower left,
in the Landerbrook Corporate Center in Mayfield Heights. It will reportedly
expand into the neighboring Building No. 3 at lower right (Shelbourne).
CLICK IMAGES TO ENLARGE THEM

In this article, Park Place Technologies plans to stay and expand in Mayfield Heights, the LaSalle Theater is on the market in Collinwood, and Grant Thornton is moving, shrinking its downtown Cleveland office.

READ MORE

Progressive Field final plans announced

 By Opening Day of the 2025 Major League Baseball season, which typically
starts in early April, the Cleveland Guardians said they expect the $202.5
million renovation of Progressive Field to be completed. The team will

fund approximately one-third of the facility’s renovation costs (Manica).

CLICK IMAGES TO ENLARGE THEM.

The Cleveland Guardians today announced renovation projects that are scheduled to be completed over the next three years as a result of the Cleveland Guardians new lease extension at Progressive Field announced last year. Progressive Field Reimagined will improve and extend the life of Progressive Field, which is the 11th-oldest ballpark in Major League Baseball, and will include renovations to the Upper Deck, Terrace Club, Dugout Club, home and visiting Clubhouses & Service Level, and the Guardians Administrative Offices.

READ MORE

Lakefront properties change hands

The lakefront property on Cleveland near-West Side to change hands most
recently was the Premium Metals site, highlighted in red. But The Edison
at Gordon Square, seen just beyond it, also sold to a new owner in the
 past week (Cresco). CLICK IMAGES TO ENLARGE THEM.  

In the past week, two significant property sales occurred near the lakefront in Cleveland’s Gordon Square neighborhood. While both occurred on different sides of Breakwater Avenue, one sale was of a former light-industrial property that was redeveloped with residential a little more than five years ago. The other sale was of a light-industrial property that has been destined for years to become residential and may now be on a faster ride in that direction.

READ MORE

Treatment Center To Vacate St. Mary’s Seminary

If the 98-year-old St. Mary Seminary overlooking Rockefeller Park in
Cleveland’s Glenville neighborhood seems older than its 98 years,
it’s because some of it is. A number of decorative features on the
building were imported from Europe and date from the 1400s to 1600s.

Since 1992, the property has been owned by the Hitchcock Center

for Women which provides addiction treatment services. It will be

expanding into a new building planned next door while the historic

facility may be redeveloped into offices (Tom Truelson/Cleveland

Restoration Society). CLICK IMAGES TO ENLARGE THEM

It’s a place where few women wanted to go. And after their experiences at the Hitchcock Center for Women, many say they never wanted to leave. While each person tends to enter the center facing an abyss wrought by addiction, many leave feeling loved and hopeful. The Hitchock Center hopes their new home will be able to provide at least as much care as the old.

READ MORE

Bedrock buys Gateway megaproject site

 An unofficial rendering of how affiliates connected to the Cleveland Cavaliers/Monsters
and Cleveland Guardians could develop their newly acquired properties in the Gateway 
District. Today, Bedrock bought a 3-acre development site for a potentially significant
development (Ian McDaniel). CLICK IMAGES TO ENLARGE THEM

Bedrock and Stark Enterprises today officially announced the acquisition and sale of the former nuCLEus development site, adding 3.17 acres to Bedrock’s growing downtown Cleveland development portfolio. Situated at the intersection of East 4th Street, Prospect Avenue and Huron Road, the site is comprised of a large surface parking lot, a crumbling parking garage, and a two-story retail building containing Mr. Albert’s Men’s World.

READ MORE

Next Woodhill Homes phase starts

Woodhill Center East on Woodland Avenue is starting construction today
thanks to the close financing for the 77-unit residential development that
will replace some of the aging 487 units of Woodhill Homes (City
Architecture). CLICK IMAGES TO ENLARGE THEM

Marous Brothers Construction is moving equipment onto the site today and are quickly beginning construction on Woodhill Center East, a $33.4 million development located at 11305 Woodland Ave. This phase of the Buckeye-Woodhill Transformation Plan will create 77 quality affordable apartments for families and help revitalize the Buckeye-Woodhill community, according to project backers.

READ MORE