Everything posted by Chazz Michael Michaels
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Cleveland: Downtown: Justice Center Complex Replacement
Chazz Michael Michaels replied to mrclifton88's post in a topic in Northeast Ohio Projects & ConstructionAbsolutely. I believe there is another image on this forum of proposed towers / courthouses right on the plaza near Carl B Stokes
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Cleveland Guardians Discussion
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Cleveland: Downtown: Tower City / Riverview Development
Agreed. Just once I would like to see someone focus on the fact that Cleveland is projected to be one of the US cities least impacted by climate change. Developments like this are likely to attract residents and companies that will be looking to get away from the heat, disease and natural disasters that are likely to plaque many of the southern and western "boom" towns. Focusing on Cleveland's polluted rust belt past neglects the unique opportunity it faces in the future
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Cleveland: Downtown Office Buildings Updates
That would be nice if they used the separation to have the accounting firms headquartered in Cleveland - just like in the old Ernst & Whinney days.
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Cleveland: Downtown: Tower City / Riverview Development
Great article/update. Some great images overall but that twilight image above is the stuff of dreams
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Cleveland: Downtown: Gateway Megaproject
Anyone else hoping that any Rock Ventures new building includes additional space for the "flight to quality". Calling Mr. Goncalves? Mr. Goncalves are you there???
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Cleveland Browns Discussion
Maybe it was the center but that O-Line was miserable. Mayfield got destroyed, Brisset was under duress and Watson never had time. Sorry, maybe some quarterbacks (Mahomes or Hurt) are good under constant pressure but that is not a winning strategy for any team. Peyton Manning could read a defense like no other but his O-Line kept him upright - that is a winning strategy. J. Woods was fired. GOOD. I have not seen a professional football team with blown coverages as bad and as often as the browns. Either the scheme sucked or the players did - but the responsibility lies on the coach. On Offense, anyone else think that what is missing is a super-fast receiver. It has been some time since the browns have had a super fast deep threat that kept defenses nervous. Cooper has steady hands, Peoples-Johns looks reliable and I'm hoping Bell can become a play-maker but does anyone fear them? My rant - GO BROWNS
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Cleveland: Downtown: Gateway Megaproject
I think you're correct. Space needs are changing (both in amount and in function). Companies are going to need less space (as more workers stay remote or hybrid) and they are going to need potentially different space to accommodate workers that are only in the office a few days a week. There will be some companies that force all their employees back into the office and, as such, there may be the occasional single-tenant office space. I suspect that is less likely now more than ever. Developers interested in large scale projects (the tall eye-catching ones) are likely going to need to consider buildings that are working mini-cities (a mixed of residential, office, hotel, retail, etc) or multi-tenant. Companies, like E&Y, Cliffs, etc, will continue to want Class A Office space for their employees. I just think that they are going to need less of it, different space and different amenities. The developers that get this right will attract interested clients and the companies that get this right will attract interested talent.
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Cleveland: Downtown: New Police Headquarters
Should we start the clock until the city has to hire another consulting firm to review the results/come up with new ideas? Hopefully now the city can truly start the process of what to do with the Justice Center and perhaps building a new Courthouse tower downtown?
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Cleveland: Downtown Office Buildings Updates
You would likely know the space better than I do but I find it hard to believe that construction costs in Cleveland are anywhere near Chicago or NYC. Unfortunately, current data is a little hard to come by - I guess unless you are paying for it. The old chart that I found below has Cleveland's constructions costs at 25% below NYC and 15% below Chicago - which would seem directionally accurate to me. Having said that, even if the costs were more similar, I think the other items on my list bode well for Cleveland in the future
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Cleveland: Downtown Office Buildings Updates
I'm not expert in real estate but I really think Cleveland has a lot of assets that other cities do not that make it an extremely viable option if remote work/hybrid work takes hold (which I think employees want it too). -Low(er) building rental prices -Low(er) new building construction costs -Access to talent/educated workforce (e.g., Case Western, OSU, even (cringe) U Michigan, UPitt, Carnegie Mellon, etc) -Affordable suburbs with great schools -Natural beauty (there is a small body of water nearby) for recreational opportunities -A great food and craft beer scene -Professional Sports -Theater/the Arts -Less exposure to climate change than most cities -A desire to on-shore more manufacturing etc, etc, etc I'd love to see local companies more their headquarters and/or more employees downtown BUT I think Cleveland has a great opportunity to draw companies and talent from across the globe (as many of you had pointed out - enough companies moved out of Cleveland for various reasons in the past) We have similar amenities to a lot of major cities like Chicago and NYC without the costs, the commutes. I see a bright future that Cleveland should be capitalizing on
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Cleveland: Downtown Office Buildings Updates
Too much over-building in NYC.
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Cleveland: Downtown Office Buildings Updates
Interesting wording. Any possible update on a new headquarters for Cleveland Cliffs? That would be company owed and occupied. Likely wishful-thinking on my part but had to ask
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Cleveland: Downtown Office Buildings Updates
Yes - it was BUT the economics that were driving the issue have changed. Some of the reasons why companies/employees are moving have remained the same but others have changed. For example, Pre-Covid: Employees wanted to be in cities because of the amenities Post-Covid: Employees want to be in low-cost areas that have access to cities with amenities Pre-Covid: Companies wanted trophy offices downtown Post-Covid: Companies are looking for cost-effective solutions that allow for a hybrid (remote/in-person) environment Historically: Some companies wanted to work in warmer/low-tax areas Future: Companies will be looking to deploy workers in areas with less exposure to climate change Low costs/incentives, where the CEO lives or want to live, city amenities, access to quality talent/education will always be draws - but some of the above could favor Cleveland in the long run
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Cleveland: Downtown Office Buildings Updates
This is a problem for all cities, not just Cleveland, in a post-pandemic world. NYC has 120 Million Sq Ft of unoccupied office buildings. We are in a new world. I don't know what the answer is. The only thing I'm reasonably confident in is that we aren't going back to the old work environment. The companies and the cities that figure this out best will attract the workers of the future.
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Cleveland: Downtown Office Buildings Updates
Sad to see them leave BUT that is a fabulous building for conversion to residential.
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Cleveland: Downtown Office Buildings Updates
I respectfully disagree. A company that stays in the metro area rather than moving out of state or elsewhere within the state is a win. While not ideal, suburban employees go to shows, go to games, dine downtown, etc. Cleveland is no different than any other metro area whose companies are trying to balance their costs/work environment in a post-pandemic environment that is radically different than pre-pandemic. NYC has 120 million square feet of unoccupied office space. We are in new times - I for one am happy to see a local company staying local
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Cleveland: Downtown: Justice Center Complex Replacement
Chazz Michael Michaels replied to mrclifton88's post in a topic in Northeast Ohio Projects & ConstructionI have to imagine these decision are easier in metropolitan areas that have a growing population and tax base BUT the amount of time and money wasted in making these decisions is a negative for those companies/organizations that are currently located here or that would look to locate here. See the latest article by KJP on the new police headquarters. It starts with "planning started 3 years ago" and today we are hearing not that a decision was made but that more studies are required. Cleveland must compete for talent, companies, services etc and indecision/bureaucracy is just one way to ensure that we lose.
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Cleveland: Downtown Office Buildings Updates
I think the answer to your question applies to more than just Progressive. Pre-pandemic, many companies (including Progressive) were either setting up offices downtown or moving their altogether because people were moving back into cities. Companies wanted to be downtown because that is where the talent was. Post-pandemic remains to be seen. The answer, not just for Progressive, for all companies will largely remain the same. Where is the talent and where do they want to be? Being in a central downtown location (opposed to a singular suburban location) usually gives you access to talent across a metropolitan area. Think NYC - people commute from NJ, NY and CT. In Cleveland, downtown allows you access to both east and western suburban talent. In a post-pandemic world, with remote and hybrid work environments, is a central metropolitan location as important?? I think that remains to be seen. Companies that are able to effectively embrace remote work can hire workers from across the globe - so a downtown location may not be as valuable. The good news is, work does seem to be more effective in person and I have not seen a company do entirely remote very well YET. I don't think traffic and parking are as important as talent. Thousands of companies are based in NYC where commutes reach over an hour with easy and daily parking can be $50-75.
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Cleveland: Random Development and News
Fair enough
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Cleveland: Random Development and News
The important thing to me is that the company remains in NEO. Company locations can move in and out of the urban core as the grow, as talent expectations change, etc. If successful, companies become affiliated with the city at the center of the metro area (e.g., Amazon and Microsoft are associated with Seattle but neither company is headquarter there. Ford is associated with Detroit, etc). It all benefits the region and the city center by default - so it's all good to me.
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Cleveland: Random Development and News
I assumed that any project that kept a company and jobs in the area was a good thing.
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Cleveland: Random Development and News
Not sure exactly where this belongs but very nice news on an area company: https://www.cleveland.com/community/2022/10/bendix-will-show-off-its-new-headquarters-in-avon-on-oct-17.html
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Cleveland Guardians Discussion
Amazing story. Thank you for posting. This made my morning. Awesome job supporting the Guardians, Peter - thank you, thank you, thank you. Love stories like this - we need more of them. Go Peter, go Cleveland, Go Guardians - GO AMERICA!!! This is who we are
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Cleveland: Downtown: Justice Center Complex Replacement
Chazz Michael Michaels replied to mrclifton88's post in a topic in Northeast Ohio Projects & ConstructionNice render. I'm in the camp that says - if the costs are largely the same (refurb vs tear-down/build-new) I say build new.. Below is a picture of the courthouse tower in Portland (right) compared to a red block similar to the Seneca One tower (left). I don't know about you - but I prefer the tower on the right