KJP

Huge Tremont hillside development site is in the works By Ken Prendergast / January 18, 2023 A former railroad yard-turned-asphalt plant at the edge of one of Cleveland’s hottest neighborhoods is the location of an emerging, large development site that could add shops, restaurants, other small businesses and hundreds of homes at a riverfront location. The developer leading the charge for this nearly 25-acre site is the same one involved in helping to move forward the 25-acre Thunderbird development on Scranton Peninsula in the Flats. But there appears to be some disagreement as to whether neighbors support or oppose the development. MORE: https://neo-trans.blog/2023/01/18/huge-tremont-hillside-development-site-is-in-the-works/

I hope to have an article on this in the coming days.

Incoming!

The website is called Ohio ROAD funding. Only Highways In Ohio. The questions are lame and highway centric.

Sherwin-Williams Seeks “Strategic Developments” At HQ By Ken Prendergast / January 17, 2023 When Sherwin-Williams (SHW) finalized a deal last month with Florida-based Benderson Realty Development Co. to buy a big stake in its new global headquarters, the conversations reportedly began with different intentions. According to sources who spoke on the condition of anonymity, those intentions were both more modest and more grand, depending on how one looks it, and could play out further over the coming year. MORE: https://neo-trans.blog/2023/01/17/sherwin-williams-seeks-strategic-developments-at-hq/

Here we go..... Ohio looking at options to replace gas tax https://highlandcountypress.com/Content/In-The-News/In-The-News/Article/Ohio-looking-at-options-to-replace-gas-tax/2/20/87314

At this rate it could top out in about 4 months

I haven't clicked on the link and no one's mentioned her name here but I know exactly who you're talking about.

I was. Look at DeWine's pro-Amtrak/passenger rail votes in Congress compared to most Ohio GOPers.

Sadly, DeWine is a beacon of light of progressivism compared to some of the medieval black holes in the legislature.

Adirondack (NYC-Albany-Montreal) is also finally restarting this spring. I don't think they have a hard date yet. NYSDOT has been using the operating subsidy for two additional NYC-ALB round trips.

Two new articles "Cities should not just build green transport but actively dismantle car infrastructure" https://www.dezeen.com/2023/01/11/congestion-roads-cities-traffic-sustainable-transport-phineas-harper/ Widening Highways Doesn't Fix Traffic. So Why Do We Keep Doing It? https://www.yahoo.com/news/widening-highways-doesnt-fix-traffic-194039848.html

Seeds & Sprouts XXV — Park Place Tech Stays, LaSalle Theater Available, Grant Thornton Moving By Ken Prendergast / January 13, 2023 In Cleveland’s Collinwood neighborhood, a renovated and stabilized 94-year-old LaSalle Theater, 823 E. 185th St., hit the market this week. Its owner, North Shores Development Corp. (NSDC), renovated the building in 2018 for $4.7 million and stabilized the property as a media center along with three ground-floor storefronts and five apartments. Now stabilized, fully leased and provisioned with 39 spaces of off-street parking next door, CNP is ready to sell the former movie palace to put it back on the tax rolls. MORE: https://neo-trans.blog/2023/01/13/seeds-sprouts-xxv-park-place-tech-stays-lasalle-theater-available-grant-thornton-moving/

Seeds & Sprouts XXV — Park Place Tech Stays, LaSalle Theater Available, Grant Thornton Moving By Ken Prendergast / January 13, 2023 Chicago-based Grant Thornton International Ltd., America’s sixth-largest accounting organization, is moving its Cleveland office from the 31-story One Cleveland Center, 1375 E. 9th St., to the 45-story 200 Public Square in downtown Cleveland. According to a recent filing with the Cleveland Building Department, the audit, tax and financial advisory firm will invest about $1.25 million to retrofit 8,972 square feet of office space in Cleveland’s third-tallest skyscraper. The change represents a significant reduction — by more than half — in office space for the company. MORE: https://neo-trans.blog/2023/01/13/seeds-sprouts-xxv-park-place-tech-stays-lasalle-theater-available-grant-thornton-moving/

Seeds & Sprouts XXV — Park Place Tech Stays, LaSalle Theater Available, Grant Thornton Moving By Ken Prendergast / January 13, 2023 According to two real estate insiders, despite Park Place Technologies’ enticing offer to relocate elsewhere in the Greater Cleveland area, it appears the fast-growing firm is going to stay and continue to grow in its native Mayfield Heights. The 32-year-old information technology servicing company, located at Landerbrook Corporate Center, Building No. 2, 5910 Landerbrook Dr., plans to expand next door, the sources said on the condition of anonymity. MORE: https://neo-trans.blog/2023/01/13/seeds-sprouts-xxv-park-place-tech-stays-lasalle-theater-available-grant-thornton-moving/

That's from Cresco, as credited in the article.

My own meager contribution Lakefront properties change hands By Ken Prendergast / January 12, 2023 In the past week, two significant property sales occurred near the lakefront in Cleveland’s Gordon Square neighborhood. While both occurred on different sides of Breakwater Avenue, one sale was of a former light-industrial property that was redeveloped with residential a little more than five years ago. The other sale was of a light-industrial property that has been destined for years to become residential and may now be on a faster ride in that direction. READ MORE https://neo-trans.blog/2023/01/12/lakefront-properties-change-hands/

Wolstein was a bit player in phase 3b

Progressive Field Final Plans Announced By Ken Prendergast / January 12, 2023 The Cleveland Guardians today announced renovation projects that are scheduled to be completed over the next three years as a result of the Cleveland Guardians new lease extension at Progressive Field announced last year. Progressive Field Reimagined will improve and extend the life of Progressive Field, which is the 11th-oldest ballpark in Major League Baseball, and will include renovations to the Upper Deck, Terrace Club, Dugout Club, home and visiting Clubhouses & Service Level, and the Guardians Administrative Offices. MORE: https://neo-trans.blog/2023/01/12/progressive-field-final-plans-announced/

A love stats that blow up widely held assumptions

First Group acquired the Cleveland Greyhound station in May 2022.

You may not be getting a pedestrian-only thoroughfare, but my read of the plans is that you're getting multimodal thoroughfares that will safely increase the volume of people and accessibility of residences and employers along those important corridors for all people regardless of financial or physical mobility. It will also increase the attractiveness of investing in jobs and housing in those corridors by making them more accessible and by increasing the volume of the people that can use each travel corridor. Increased accessibility = increased wealth.

Light-rail?? Why add a rail mode that is incompatible with other NYC rail modes (heavy rail or regional rail) and has a lower capacity than those modes? And why end at Roosevelt Ave? Go to LaGuardia!

And a 20+ story building across the street.... 🕵️‍♂️

Thanks. I wondered if it was Shury. Why is a guy at his age (83) pursuing new deals and projects? Must be an optimist.