Clefan98

Cleveland City Council approves tax incentives to help Sherwin-Williams build its new headquarters https://www.cleveland.com/cityhall/2020/06/cleveland-city-council-approves-tax-incentives-to-help-sherwin-williams-build-its-new-headquarters.html

Umami in Chagrin Falls to Close After 12 Years Because of Covid https://www.clevescene.com/scene-and-heard/archives/2020/06/14/umami-in-chagrin-falls-to-close-after-12-years-because-of-covid

Notable Northeast Ohio shopping centers are feeling the pinch of pandemic-induced pain The Great Northern Mall in North Olmsted and Pinecrest mixed-use center in Orange Village are in fiscal distress in vastly different arenas. Great Northern, the 1972 enclosed mall that put the suburb west of Cleveland on the map as a shopping destination, is in play in Israel. It's one of five malls that Starwood Retail of Chicago used to back a $254 million bond issue sold in 2018 on the Tel Aviv Stock Exchange. Investors declared the bond in default June 6, according to TASE filings. https://www.crainscleveland.com/real-estate/notable-northeast-ohio-shopping-centers-are-feeling-pinch-pandemic-induced-pain

Not sure of the status, but here's the original plan as shown with the now cancelled Edison phase II. Just noticed the N/S pedestrian connection.

speaking of the red line greenway, I was pleasantly surprised to see how far along they are today. It's now visibly noticeable as you get on 90w from w44th.

I think the land bank lots will be a part of this project.

He subs out most of the exterior and framing, last I heard (about a month ago) he was working on a deal with KNEZ to frame these. Then his crew will come in and complete the interior/finishes. He was expecting his construction loan to close in 45-60 days and has 50% of the project already funded with cash from a few local investors. From what I recall these will be on the smaller end (1200-1350sq ft). Next time we talk, I'll definitely find out more.

Dan is a good friend of mine - he's done everything from townhomes to mansions (Vermillion area) in addition to kitchens and baths....And good news, I would say there is a 95% chance of this project happening

Good point. I know a lot of people in that current situation. My company's Cle area suburban office has recently closed down, so now all of my income tax goes to the city. Overall I'm paying a half point less - I'll take it.

Yet budget cuts have hit the Cleveland area suburbs first.

I think you see these perceptions coming from the older locals who have never left the area. And I get it, you all saw what white flight did to the city and I'm sure those memories are still as fresh as can be. The differences now is simply in the attitudes of younger generations. Nobody born after 1990 really cares about the prior negative perceptions. Old sayings like "mistake on the lake" don't even register with us. As a kid living over an hour away my only memories of Cleveland were driving in to go see the Tribe crush dingers at the Jake. Kids younger than me have positive impressions because of the all winning during the LeBron years. The other interesting point to mention is the choices on where all of these out of staters are relocating to. The majority are picking the city over the suburbs according to my friends in the industry, because urban living is what they're used to. My street has been filled with 6 digit earners and virtually all of them moved here from DC, Chicago, NY, Detroit and so forth. Most of my newish friends from out-of-state think Cleveland is heaven on earth. Weird, right? To your point though, perception matters. The good news is Cleveland's national and regional perceptions are at a 50yr high. E rocc, me and you live in the same city but our neighborhoods and experiences couldn't be more different. Even though we don't always agree, I respect your insight on city topic discussions.

No argument here and I agree that Cleveland (along with every other city/town/suburb) will be negatively affected by this. Case in point, I listed about 10 local suburbs that have had to make serious cuts and layoffs already. Maybe we should be discussing if they will survive this - it's more appropriate given the current layoffs and cuts. Nobody knows the future, but others on here are so sure Cleveland won't survive they actually created a thread about it. How silly is that?

Nothing I stated was untrue. Does it sting that more units are going up in Cleveland than in all the suburbs combined? You can pull permits and do the research as i've done. Now you're resorting to playing the 'what if' game? Nice style.

It's a good thing that Downtown, UC and Ohio city has more units going up than the rest of the county does combined. The demographics are shifting, but you're not hearing that either.

Why? The Cleveland neighborhood I live in is doing as well, if not better, than most inner ring neighborhoods. There's absolutely no reason (other than inherit ignorance and bias) that the success of certain Cleveland neighborhoods can't be replicated city-wide, and in the inner rings.

This was from last night

I agree with this. Cleveland's budget is currently in better shape than most realize. They have the resources to last through an 18mo long recession w/out layoffs or cuts in services.

Your article states this: "Unfortunately, the potential impact on most local budgets is largely unknown" https://www.brookings.edu/blog/the-avenue/2020/03/31/when-will-your-city-feel-the-fiscal-impact-of-covid-19/

People are still searching for homes, but traffic on Zillow does not show more urbanites suddenly looking to move into suburban or rural areas. Nor are waves of home shoppers seeking to flee large cities for smaller ones. What's more, while current and prospective buyers in urban areas are most likely to say the coronavirus pandemic has affected where they want to live, 70% of the nearly 10,700 US adults we surveyed in April say they want to live in an area that is equally or even more urban than the neighborhood where they currently live. https://www.cnn.com/2020/05/22/perspectives/homeowners-renters-cities-zillow-coronavirus/index.html

BTW the "study" you keep mentioning states this: Unfortunately, the potential impact on most local budgets is largely unknown https://www.brookings.edu/blog/the-avenue/2020/03/31/when-will-your-city-feel-the-fiscal-impact-of-covid-19/

Meanwhile, in the local burbs: Olmsted Falls announces pandemic-related furloughs and layoffs Brook Park braces for 'tough times,' temporary layoffs Strongsville considers layoffs, pay cuts as income tax revenues drop due to COVID-19 pandemic BROADVIEW HEIGHTS, Ohio -- Broadview Heights has laid off all of the city’s part-time workers -- and some nonessential full-timers Cleveland Heights announces layoffs of over 100 city workers Parma Mayor Tim DeGeeter said his city was laying off more than 40 workers for 14 weeks. Solon officials announced that they would be making “significant” budget cuts due to coronavirus. Twinsburg laying off 36 city employees

Light on facts....Just one's man prediction of the future.

Stop it already with your doom and gloom predictions. This is nonsense.

Thanks for putting this out there - maybe it'll teach people to do a minimal amount research before resorting to the old Cleveland loser mentality comments.

CONCEPT PLAN1. Case 20-017: Tremont Historic District Lincoln Park Flats West 14th Street at Kenilworth Avenue New Apartment Building Construction Ward 3: McCormack Project Representatives: Sam Messina; David Maison, MaisonDesign http://clevelandohio.gov/sites/default/files/planning/landmark/agenda/2020/CLC-5-28-2020-AGENDA.pdf