Moen move blindsided city, biz development orgs

This three-decade-old corporate headquarters building for Moen was refurbished only
several years ago. Community development officials believe it is a marketable property
and hopefully will attract new users soon to fill a void in the city’s financial ability
to  provide public services (Google). CLICK IMAGES TO ENLARGE THEM.

When the conglomerate parent of faucet and fixture-maker Moen told the world via press release on Jan. 22 that it was consolidating its various brand headquarters to suburban Chicago, it was also notifying all of the Ohio-based economic development organizations about the move for the first time.

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Hotel announced at Haslam’s District 46 in Berea

Looking southeast the proposed District 46 from above the intersection of Lou Groza
Boulevard and Front Street, the planned hotel will be at left and overlook a new com-
munity athletic field. Apartments over retail/restaurants also overlook the sides of
the field. At the field’s south end, a community recreation center will be part
of a later phase (AODK). CLICK IMAGES TO ENLARGE THEM.

Although the District 46 mixed-use development in Berea didn’t win a megaproject tax credit yesterday for adding a community recreation center at the development’s south end, it isn’t slowing down the rest of the $155 million project.

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Bedrock Riverfront Wins Greater Cleveland’s only TMUD

A conceptual rendering of Bedrock’s Rock and Roll Land hotel-topped entertainment
center at right, overlooking Collision Bend in the Cuyahoga River. Later phases of
the Bedrock’s riverfront development are seen to the left (Adjaye Associates).
CLICK IMAGES TO ENLARGE THEM.

It seems $100 million doesn’t go as far as it used to. At least it didn’t today when the Ohio Tax Credit Authority awarded $100 million in Transformational Mixed Use Development (TMUD) tax credits to just nine projects statewide. Northeast Ohio won two — Greater Cleveland got just one of those. And that was the last of four rounds of TMUDs authorized by the Ohio General Assembly unless some previous awards aren’t used and are made available.

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At best, federal funds for major projects on hold

Redesigning the Shoreway highway through Downtown Cleveland is a major infra-
structure project that recently was awarded millions in federal funds. The fate of that
and other funding to local infrastructure and energy projects may be in doubt due to
a 90-freeze and agency review mandated by the Trump Administration (FO).
CLICK IMAGES TO ENLARGE THEM.

Millions, if not hundreds of millions of federal tax dollars awarded to local infrastructure and energy projects may be at risk from a 90-day funding freeze and review mandated earlier this week by the new Trump Administration. That possibility was raised today at the first board meeting of the year for Greater Cleveland’s metropolitan planning organization (MPO) which distributes federal funds to transportation and air quality programs.

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Cleveland Clinic to lay off 114 employees

The Cleveland Clinic Foundation is laying off employees throughout the global
health care system during rising costs in the healthcare industry (CCF).
CLICK IMAGES TO ENLARGE THEM.

For the first time in years, the Cleveland Clinic Foundation is laying off 114 employees throughout the global health care system. But the number of pending layoffs in the context of the scale of the system is comparatively small and hiring in other departments continues, Clinic officials said today.

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Catanese Seafood to sail from Flats to Collinwood

For 92 years, a seafood business has operated out of this riverfront location at
Merwin Avenue and Center Street in Cleveland’s Flats. That will come to an
end when Catanese Classic Seafood relocates to Collinwood in the coming
months. Cleveland Metroparks bought this building as well as the Grain
Craft flour mill, visible in the background at left in this wide-angle view.
Soaring overhead is the Detroit-Superior Bridge (Google).
CLICK IMAGES TO ENLARGE THEM.

A familiar face in Cleveland’s Flats district is packing up and heading to the city’s east side to make way for the Cleveland Metroparks’ expanding makeover of the Cuyahoga River waterfront. Catanese Classic Seafood, 1600 Merwin Ave., is making a move in the coming year to the Greater Cleveland Food Bank’s facility at 15500 S. Waterloo Rd.

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Blue Abyss inks deal with NASA Glenn

Commercial space training company Blue Abyss has signed an agreement with
NASA Glenn Research Center to provide astronaut training to the space
 agency (NASA). CLICK IMAGES TO ENLARGE THEM.

In a groundbreaking move for the commercial space sector, Blue Abyss has signed a Space Act Agreement with NASA’s Glenn Research Center. This collaboration aims to accelerate advancements in commercial space training, research, and infrastructure development, further positioning Blue Abyss as a key player in the global space industry.

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