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| George Currall was named chief financial officer of Cleveland-based NRP Group (NRP). CLICK IMAGES TO ENLARGE THEM. |
Cleveland-based NRP Group, one of the nation’s top-10 largest developers and managers of multifamily housing, has a new executive to guide the company’s strong finances through some challenging market headwinds. The change in leadership comes as a result of the retirement of the company’s longtime top financial manager.
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| These are screenshots from videos taken by a construction worker from near the top of the new Sherwin-Williams’ headquarters tower. The footage made a Cleveland ex-pat feel pride in his native city — so much that he compiled a video from them that he wanted to share publicly. But Sherwin-Williams’ exe- cutives didn’t agree with his decision. They told him to remove the video and barred workers’ onsite photography (Holden Gibbons). CLICK IMAGES TO ENLARGE THEM. |
After a construction worker’s videos from the top of the new Sherwin-Williams’ headquarters tower in Downtown Cleveland were posted on YouTube by a friend, the global coatings giant told the friend to delete the video and has clamped down on workers taking pictures of views from the construction site. This comes at a time when tradespeople complained to NEOtrans of an oppressive work environment and harkened back to a paint-mixing TikTok star who was fired four years ago by Sherwin-Williams.
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| Dalad Group is bullish on Cleveland’s West Side. Not only is it moving forward with plans for Franklin Yard on the south side of Franklin Avenue at West 32nd Street in Ohio City, it’s planning to expand it to the north side with this 29-unit apartment on the north side of Franklin. And it has plans for a new Tremont apart- ment building, too (Horton Harper). CLICK IMAGES TO ENLARGE THEM. |
While it’s tough to get financing for larger development projects anywhere these days, it is possible to add a meaningful number of housing units by dividing them up among smaller projects. That’s what Dalad Group of Independence and partner Property Advisors Group (PAG) of Beachwood are doing by pursuing more than 100 apartments on Cleveland’s near-West Side among a mix of new-construction and renovation projects.
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| The 62-acre former Lake Shore Power Plant property, now owned by a site clean-up firm, offers a significant lakefront development opportunity what with the $300 million Cleveland Metroparks recreation area planned across Interstate 90, just east of downtown Cleveland. But it remains to be seen how the clean-up firm intends to reposition the old power plant site (Google). CLICK IMAGES TO ENLARGE THEM. |
A company that acquired a large piece of prime Cleveland lakefront land in December is a bit of an enigma if for no other reason because of its youth. This company, IDA Power LLC, is getting its hands on some very problematic yet high-potential properties around the country. It is engaged in a lengthy process of cleaning up those sites and turning them into productive properties again. But the company’s young life may give some insight into what we might expect here.
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| Three Red Line stops away from the West Park train station is the West Boulevard- Cudell station where Flaherty & Collins plans to build the Depot on Detroit apartments. The same developer now is planning a similarly sized apart- ment development at the West Park station, too (City Architecture). CLICK IMAGES TO ENLARGE THEM. |
Four days after receiving City Planning Commission approval for one transit-oriented development project, an Indianapolis-based developer will ask to buy land from the Greater Cleveland Regional Transit Authority (GCRTA) for its next proposed apartment building at a west-side train station. This time, Flaherty & Collins Development LLC wants to build at GCRTA’s West Park station, 14510 Lorain Ave.
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| Sherwin-Williams’ new headquarters tower is near to topping out at 616 feet among its three big brothers around downtown Cleveland’s Public Square. To the left of it is the Grand Dame of Cleveland skyscrapers, the 708-foot-tall Terminal Tower. At far left is the 658-foot-tall 200 Public Square and at far right is the 948-foot-tall Key Tower. Some company executives reportedly said they should have built taller as the company continues to grow (Bennett Atchison). CLICK IMAGES TO ENLARGE THEM. |
From Sherwin-Williams’ C-Suite executives to construction workers taking their lunch break, more rumblings continue to emerge about what may follow the completion of the global coatings giant’s new headquarters west of Downtown Cleveland’s Public Square. And as time goes on, the rumors about a follow-on headquarters project are getting more detailed.
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| An aerial view from above the Cuyahoga River looking at the Flats East Bank redevelopment of three Old River Road properties sought by Bobby George’s Ethos Hospitality Group (Bowen). CLICK IMAGES TO ENLARGE THEM. |
Scheduled to appear before the City Planning Commission’s Design Review Committee this Friday is a proposed redevelopment of several Flats East Bank properties. It’s the latest effort by restauranteur Bobby George and his Cleveland-based firm Ethos Hospitality Group to remake these riverside buildings into a restaurant and entertainment complex. This time it would include a new building, a dockside “river garden” and rehabilitated historic structure.
