KJP

It's also the week between Christmas and New Years. Almost everyone is out of the office. I was actually astonished that GLBC issued a press release two days ago in response to my first article last week. But they apparently were getting at least some reactions.

Cleveland Lake Shore Power Plant land gets new owner By Ken Prendergast / December 30, 2023 It seemed too good to be true, and alas, it was. Title to a large, mostly vacant property for the former Lake Shore Power Station, 6800 S. Marginal Rd., in Cleveland, is being transferred to a new owner. The 62-acre site is across Interstate 90 from the bulk of Cleveland Metroparks’ lakefront improvements. But it’s not the Metroparks, the city or even a developer seeking to add recreation, housing or a mix thereof next to Lake Erie. MORE: https://neo-trans.blog/2023/12/30/cleveland-lake-shore-power-plant-land-gets-new-owner/

I'm proud of how far we've come over the last decade and especially the last five years! Feedspot is a well-known news aggregator in the media and blogging world. Among Ohio real estate blogs, NEOtrans in top 10 By Ken Prendergast / December 29, 2023 Feedspot, an international news aggregator, ranked NEOtrans in the top 10 of Ohio real estate news blogs. Feedspot compiles news feeds from online sources so users from all over the world can customize and share them with other social network users. MORE: https://neo-trans.blog/2023/12/29/among-ohio-real-estate-blogs-neotrans-in-top-10/

As seen on Amazon Prime after the game....

I would think Lakewood, Parma and possibly Cleveland Heights/University Heights skim most of the immigrants.

Worth reading

Sold outs....

-The GDP grew at a stunning 5.2% in Q3 -Lowest unemployment rate in 50 years -Record breaking stock market -inflation slowing down Yet 75% of Americans say the economy is in a recession, according to a CNN poll. What is up with people?

But, but... you can't have intentional humor on public transport!

@roman totale XVII

Close.... Great Lakes Brewing confirms relocation options By Ken Prendergast / December 28, 2023 In a statement issued today by Great Lakes Brewing Company (GLBC), their chief executive officer confirmed NEOtrans’ report from last week that it is considering relocating its production facilities from Cleveland’s Ohio City neighborhood and packaging facility in Strongsville to a site in Avon. The press statement also confirmed it hasn’t ruled out continuing with its plans to relocate them to Scranton Peninsula in Cleveland’s Flats. And it will retain its Ohio City brewpub and gift shop. More than 200 jobs are involved among all of GLBC’s facilities. MORE: https://neo-trans.blog/2023/12/28/great-lakes-brewing-confirms-relocation-options/

Confirmation bomb coming

I don't know if the parking garage was more lucrative. It may be that the buyers considered it less lucrative and weren't interested in acquiring it. Also, by having separate owners, it may mean that some tenants of 200 Public Square aren't going to get free parking anymore. If that's the case, the owner of the garage can generate new revenue from it. But I'm just guessing at this early stage.

An indicator of economic trends with an impact on the local taxbase

Downtown Cleveland skyscraper sells cheap By Ken Prendergast / December 27, 2023 According to a well-placed source, Downtown Cleveland’s third-tallest skyscraper is under a purchase agreement from a New York City-based buyer. The 45-story Huntington Building, also known as 200 Public Square, has seen its share of challenges since the pandemic and the rise of remote working nearly four years ago as other office properties have. That is one reason why the building has reportedly sold for a vastly discounted rate. MORE: https://neo-trans.blog/2023/12/27/downtown-cleveland-skyscraper-sells-cheap/

Note that construction is one of the more robust employment drivers in Greater Cleveland...

Lowest unemployment rate in 23 years By Ken Prendergast / December 26, 2023 For many Greater Clevelanders, they had a merry Christmas year thanks to one of the tightest job markets locally in more than two decades. According to preliminary data released late last week by the U.S. Bureau of Labor Statistics (BLS), the unemployment rate for the Cleveland-Elyria-Mentor metropolitan area was the lowest it has been since December 2000. MORE: https://neo-trans.blog/2023/12/26/lowest-unemployment-rate-in-23-years/

Peak downtown Detroit in 1929 just before the crash. Look at that density!

Article updated with more info!

Just awful how the cities with the most minorities seem to have the most racist police departments

That's a stunning disparity Total Foreign-Born from all Continents and % of Total Population Cincinnati: 20,901 6.75% Cleveland: 22,050 6.1% Columbus: 126,215 13.9%

Since they've done *some* interior demolition work (I don't know how much), perhaps they can argue that they have started work?

I'm working on it, @freethink

I'm sure this is going to go over real well on URBANohio. Oh, by the way, BOOM! 💣 Great Lakes Brewing move to Avon on tap? By Ken Prendergast / December 23, 2023 A Cleveland icon may not be in Cleveland much longer. Executives and owners of Great Lakes Brewing Company (GLBC) are debating a significant relocation of most of its operations out to west-suburban Avon in Lorain County. The 200-employee company has been headquartered and its beer products brewed in Cleveland's Ohio City neighborhood since its founding 35 years ago. But Avon's mayor said an announcement may be made about the potential new site "in the coming months." MORE: https://neo-trans.blog/2023/12/23/great-lakes-brewing-move-to-avon-on-tap/

They could, but Millennia reps told me they want to do the whole thing all at once.