LlamaLawyer

New York, Washington, D.C., Boston, San Francisco, Los Angeles, Miami, Dallas. All cities that claim storied NFL franchises and yet do not possess a NFL stadium. I just see no evidence that moving the stadium to just *barely* outside city limits will harm Cleveland or downtown. We can debate the merits of the location, but I find some of the takes above to be baselessly pessimistic. I've said it before and I'll say it again. If the Browns had been right next to the airport for the last 25 years and we were talking about moving them to the lakefront for the first time, I don't think the general attitude would be unwavering enthusiasm about the move. The Brookpark location is a very sensible location. Right next to all kinds of transportation, and in an area that's doing virtually nada right now. Will it compete with downtown for some residents, activity, etc? I'm sure it will! But it's an urban location and it's in the county. Every healthy city (I'm using city in a general sense, not strictly referring to the borders of the city) has a bunch of different nodes of activity. In the best cities, the nodes are well connected with transit, and the nodes all compete with each other and complement each other in various ways. A Browns stadium with an entertainment district right by the airport (and redline) would be a healthy addition to the region and will not greatly harm downtown.

Fantastic design. Even if Adjaye didn't design it, it's reminiscent of a lot of his work. In a good way. Thrilled to hear we have a 2024 start date. Does anyone have numbers on how many new CC employees will be at this location? I would assume at least a hundred, but is there data on it? Also, will this be the first Cleveland Clinic presence in downtown?

I don’t think “bad” quite does it justice lol. If Millennia ceases to exist as a result of this I wouldn’t be shocked. The silver lining is that construction never really started. Because if this was an active construction site halfway toward Millennia’s vision, that could be an utter disaster. At least the building isn’t any less useable than before. So some other buyer can theoretically do what they want with it… Also— Who’da thunk Tom Sinito’s son would get crosswise with the feds? (Sorry, terrible joke but I had to do it.)

Will be a close race, but my money is on Brown to win. Moreno is a very weak candidate. Much weaker (imo) than Renacci, though probably not as weak as Josh Mandel.

Totally agree. As I said—grain of salt. Counterpoint though—everything did change in 2020 and this is the only data we have since.

So.. I always take the census estimates with a grain of salt, as they’re historically not super accurate. That being said, I do think it should be pointed out that the estimates for Cuyahoga County show a loss of 15k from 2020-2021; 10.5k from 2021-2022; and now only 3.5k from 2022-2023. So, if that’s a trend that’s real and continuing, the county will have growth in 2023-2024. And if the trend line continues, we could realistically have a 2030 population that exceeds the 2020 population. That’s just assuming trends continue.

I really like this. One of the best designs of the last few years. Maybe they can do a property swap and build it at the Bridgeworks site instead. 😉

No idea what will happen here but U.S. Steel is trading about 30% below the Nippon Steel offer price and about 15% below where it was before Biden's comments. So the market definitely does not see the Nippon Steel deal as a sure thing.

https://www.reuters.com/technology/biden-announce-intel-chips-grant-arizona-next-week-sources-2024-03-14/ Intel grant announcement from Commerce coming next week. I know there may be some nervous energy about the $2.5 pulled by Pentagon, but keep in mind, Intel's minimum plan was the fab they're building now. The big plan, contingent on the CHIPS Act money is multiple more fabs. Intel is a nearly 60-year old company. They invented the integrated chip. They also currently make what (according to some in the industry) is the best AI chip out there. https://analyticsindiamag.com/stability-ai-claims-intel-gaudi-2-is-faster-than-nvidia-h100/ So I think we don't need to worry about whether the Intel fab is going to get built. Although if you want to spend time worrying about whether the ultimate number of fabs is 3, or 4, or 5, or 6, then okay, that's probably up in the air.

Indeed. Which is at least better than most of the last twenty years, when we were taking on water. By the way, for this month, I compared a bunch of other metros, and the numbers elsewhere look bad too. I've also gotta say, I take these numbers with a big grain of salt. For the Cleveland metro in particular, they tend to fluctuate wildly back and forth from month to month in a way that makes me think the error bars on these estimates have to be pretty big. Also, lots of commentators have noted that the establishment survey and household survey have been very divergent for months now. So something is screwed up in the way at least one of the surveys is counting.

https://www.bls.gov/regions/midwest/oh_cleveland_msa.htm Disappointing numbers.

This project is basically essential to Intel's (and the U.S. Government's) long-term plans. Look for a CHIPS Act funding announcement later this month. You can never be certain about any development project, but this one is as certain as any will ever be.

When I read this, I shook my head and immediately thought of the folks I hear saying "wHY doN't DEvEloPErs bUiLD aFfoRDaBle hOUsIng fOr FAmiLies??!?" Glad the project is moving forward though. Cleveland Heights is doing a really nice job of attracting developments and keeping things moving. Edit: Also, I know that "No-name on Noble" is just a place filler, but I would love if they kept that name.

https://www.brown.senate.gov/newsroom/press/release/sherrod-brown-locate-space-forces-testing-evaluating-command-ohio This could be a pretty big deal.

I hope Flaherty and Collins keeps doing more projects in the area because I've been very impressed with the quality of their work. You'll note both of the buildings in this development have significant components of steel and concrete framing even though they probably could have gotten away with cheaper wood-only framing like you see on most of the 5-over-1s. On Ascent at top of the hill there's some interesting brickwork with bricks laid in some interesting and varied patterns as opposed to plain old running bond. The parking garage has actual real bricks inlaid at various points, whereas most parking garages for this kind of project are unadorned concrete. I know these aren't big things, but it's clear to me the developer isn't just building as cheaply as possible. The commercial leasing does leave something to be desired, as I've been disappointed that there's still nothing in any storefront in Ascent at top of the hill...

I think Menlo's students are technically counted as part of Cleveland Public Schools. Broader issue--Is there any city with concentrated poverty and public schools that perform well? I can't think of one. Cleveland spends a significant amount per student, and I think the issue is not really "clean up the schools," but rather "end the concentration of poverty" and the schools get better as a result.

I think the area can support several brewpubs. Right now the closest thing to a brewpub in University Circle is Jolly Scholar. For a true brewpub you have to go to Cleveland Heights.

When thinking about these kinds of projects, I like to imagine if the locations were reversed. If the stadium were right now in the Brook Park location, right by the airport, with direct redline access and Haslam announced a desire to move the stadium to the lakefront, how would we feel about that? I think I'd have mixed feelings about that move just like I have mixed feelings about moving from the lakefront to Brook Park. All that aside, this is a very sensible location in many ways. Right by public transport and right by the airport. Is any other major sports stadium anywhere in the U.S. THAT close to an airport? You could presumably walk from the airport into a domed stadium without ever setting foot outside. That's honestly pretty appealing in the winter. As far as a suburban location goes, I can't think of a better one. EDIT: also timewise, this would work out great with the proposed renovation of Hopkins. Depending on how nice everyone wants to play with each other, we could have lots of cool integrations between the airport, the stadium, and the stadium district that Haslam presumably wants. That could be a really unique and awesome urban center.

Didn't NYCB buy Signature? Seems to me like if Bank B buys Bank C (which is failing) and then Bank B starts failing a year later, Maybe Bank A shouldn't buy Bank B.

The numbers (just picking 50%) seem arbitrary to me. Seems like it would make more sense to have the number tied to population, or property values, or something. But it's reasonable for council (each member of which represents a specific ward) to want to ensure that downtown doesn't just soak up 100% of the money. And frankly, if Bibb were to say "every dime of this money must go to downtown infrastructure" I would be both shocked and alarmed. So I actually see this as a reasonable and unsurprising starting point in a negotiation.

Put your IRA in T-bill funds instead then. 😇 😉 I will say, as great as the numbers are something is weird about them to me. The establishment survey and household survey have diverged from each other in an unusual way. Also, just to be pedantic, the economy actually lost jobs in January, as it always does every January. The 350,000 figure is seasonally adjusted and represents a much smaller loss than expected.

Was there the other day. Not only gorgeous, but big. With the alternate branding, I was expecting a smaller corner-store type grocery. It's smaller than a Meijer or Walmart superstore, but that's about all it's smaller than. It's really basically a full sized grocery store. No "meat department" or "bakery," like most grocers but I think the selection of those items actually exceeds that of a typical Dave's or Heinen's even though they're on shelves as opposed to behind a counter.

Maybe they will learn their lesson and build in some growing room with tower 2. Tower 1 being too short is sort of a less big deal because there's plenty extra room. But if tower 2 is too small, they're reduced to building on the edges, which is probably not going to be a desirable layout for office space.

I think tower 2 should be rotated 90 degrees, perpendicular to tower 1.

As far as one taller vs. two shorter towers, how about this? I prefer whichever results in higher total property values and tax assessments. P.S. - And for what it's worth, I've got a feeling that what we end up with will be higher total value than one supertall would have been.