Mendo

Some movement on the headquarters property. Mandatory referrals for the TIF, construction grants, and job creation incentives. http://planning.city.cleveland.oh.us/designreview/drcagenda/2020/03062020/index.php MANDATORY REFERRALS Ordinance No. 285-2020(Ward 3/Councilmember McCormack): Authorizing the Mayor and the Commissioner of Purchases and Supplies to acquire and re-convey properties presently owned by the The Sherwin-Williams Company, or its designee, located at Public Square West and the corner of Superior Avenue and West 6th Street for the purpose of entering into the chain-of-title prior to the adoption of tax increment financing legislation authorized under Section 5709.41 of the Revised Code. Ordinance No. 286-2020(Ward 3/Councilmember McCormack): Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with The Sherwin-Williams Company, or its designee, to provide assistance to fund the construction of a new global headquarters to be located at Public Square West and the corner of Superior Avenue and West 6th Street; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose. Ordinance No. 284-2020(Ward 3/Councilmember McCormack); Authorizing the Director of Economic Development to enter into a construction grant agreement with The Sherwin-Williams Company, or its designee, to provide economic development assistance to partially finance the construction of a new global headquarters, to be located at Public Square West and the corner of Superior Avenue and West 6th Street; and authorizing any agreements necessary to implement the project. Ordinance No. 287-2020(Ward 3/Councilmember McCormack); Authorizing the Director of Economic Development to enter into a Job Creation Incentive Program grant agreement with The Sherwin-Williams Company, or its designee, to facilitate the purpose and provisions of this ordinance.

It is because we've made it that way. And it can and should be unmade.

That's cool. They played the most contempary rock at the time. The Scene article said they heard a bunch of 90's classics. I'd listen if the focus is new music, not just another classic rock time capsule.

On the bright side, at least the site plan is better than what was proposed couple years ago. This was awful.

Read the articles again. The developer was quoted where he literally asked for public subsidy.

Ha. So like every gas station and convenience store?

What's a mixed use gas station look like?

Damn that will be a total loss. I never got around to posting a couple pics from earlier this month.

LDA put up some high res pics of the latest version of Washington Inn apartments. Should fit in well in the neighborhood. https://www.ldaarchitecture.com/wasington-inn

The design is growing on me. It still looks cheap, but it'll be a pop of color and quirkyness on a mostly historic street. Side note, the city is getting worse and worse about posting agendas. It seems like every month there's one or two meeting agendas that never get posted to the CPC website, or the agenda is posted without pictures. They used to be pretty good about getting them 2-3 days before the meeting. Today's meeting is over and the agenda still isn't up. The Euclid corridor design review meeting from yesterday was never posted either.

Yes nebulous comments about poor build quality and rushed design is how you slowly warm the pot. The county, for example, has been slowly boiling frogs over the Justice Center the last few years.

If they want to replace their 20 year old stadiums they can pay for it themselves. These stadium deals are money pits for the city and county.

I really like the Library Lofts building. SO-IL / JKurtz and Bialosky did a great job blending the library and apartments together. https://www.cleveland.com/news/2020/02/proposed-new-mlk-library-branch-library-lofts-apartments-win-thumbs-up-at-design-review-meeting.html Jesus, no. The design already has a good deal of depth. It doesn't need a bunch of incongruous planes like some of the other crap we've seen proposed.

The $600 million in the articles a couple weeks ago was total investment for the Brecksville and downtown sites. I agree though the numbers still seem off. The cleveland.com article about the Brecksville incentives called it a $250 million project. Maybe that includes a bunch of infrastructure spending not needed downtown. Still $300 million for 1 million sqft of office space? Even the PNC tower in Pittsburgh built almost 10 years ago cost more and has less total square footage (800k)

The article started out well enough, then went off the rails at the end. "Brickhaus Partners' 95 Lake, located near Edgewater Park, is one of the closest "for sale" projects to downtown." How did Brickhaus get in an article about for-sale units downtown? Besides that, there's a bunch of new construction townhome and single family homes for-sale closer to downtown than this.

^ The unabated property tax is based on the assessed value of the underlying land. The assessed amount should reset based on the selling price of the plaza. Harbor Pay paid $5.85 million for basically just the land so I'd argue the land tax should be higher than what is being paid now (land + existing plaza), but who knows how the county makes up the assessment. It'll probably end up being lower.

The city is taking 10 acres for the police headquarters. I wonder if they had the sense to offer that land to S-W to keep them in the city.

Lamenting the R&D move to Brecksville is fine, but It stands to reason the Scranton Averell properties were never seriously in contention for landing Sherwin Williams. Nothing in their generations of history shows they have any interest in selling or developing their properties in Cleveland.

The City Club project is on the Euclid side, so any surveying on the Prospect side is interesting.

I can't see Drummond not opting out of his last year, even if it means taking less money on the open market. Unless the Cavs think they can extend him long term, I agree it seems like a waste.

What would Sherwin Williams do without the heightened profile that Atlanta would bring? Maybe someday they'll become a household name from little ol' CLE.

I don't get that. 7 acres of downtown real estate could accommodate millions of square feet of structure without breaking a sweat. It's a massive amount of space. The Jacobs lot alone is about 50,000 sq ft. You could build the entire 1 million sq ft HQ on just the Jacobs lot with a 25 story building. Why do they need that much space unless they are expecting significant growth downtown as well? Unless they plan to just fill in the entire superblock with low rise buildings and pointless plazas.

Thanks for taking on that chore for the rest of us. Did he say anything interesting? One of Jarboe's tweets said Jackson expects most of the growth to happen in Brecksville facility. That would be a bunch of crap if true.

^ Look on the previous page. ASPhotoman posted a picture from a PDF that SW published showing the Jacobs lot as part of their HQ. It's not just speculation.