
Everything posted by KJP
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Cleveland: Detroit-Shoreway / Gordon Square Arts District: Development News
Get a buddy and put on a couple of orange construction vests then get to work, man! 😉
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Cleveland: Downtown: Sherwin-Williams Headquarters
@BoomerangCleRes Was that photo taken from The Edison? If so, that's a pretty good zoom shot.
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Cleveland: Downtown: The Centennial (925 Euclid Redevelopment)
Agreed. Sinito paid too much for the building. It's not a bad thing for a lender to take it back and sell it for cheap. That's what got the 515 Euclid garage into a developer's hands at a price that allowed the air-rights apartment tower to be constructed. 515 Euclid garage was built in 2005 for $25 million and the owner went bankrupt after the 2008-09 great recession. At auction, the garage was sold in 2011 for $8 million to Harbor Group. Having to finance $8 million rather than $25 million is what made the high-rise possible. Harbor Group was able to offer to Stark a better air rights deal than what was previously not possible. In 2016, Stark and Harbor Group entered into a joint venture to build The Beacon. The rest is history.
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Cleveland: Downtown: The Centennial (925 Euclid Redevelopment)
I've heard lots of rumors about Frank Sinito and Millennia, including him having to sell off personal items (yacht, cars, etc).
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Cleveland: Lakefront Development and News
Note that the port is seeking to redevelop a part of the former C&P ore docks where the Huletts once stood
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Cleveland's Hulett iron ore unloaders
One Hulett may be saved — in Canton By Ken Prendergast / March 22, 2024 Where once there was four Hulett Ore Unloaders, soon there will be none. But at least one of the massive, dinosaur-like machines that revolutionized the steel industry and Great Lakes shipping through high-volume efficiency, now has a chance to survive extinction. MORE: https://neo-trans.blog/2024/03/22/one-hulett-may-be-saved-in-canton/
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Cleveland: Superior Arts District: Development and News
It’s official: Board of Elections to ex-Plain Dealer building By Ken Prendergast / March 22, 2024 Confirming news first reported here at NEOtrans two weeks ago, Cuyahoga County Executive Chris Ronayne informed county staff that he will introduce plans to Cuyahoga County Council on Tuesday to lease the former Plain Dealer building downtown for the new Board of Elections (BOE) offices. In a memo circulated today to certain county employees, he also outlined plans for additional real estate moves by the county. MORE: https://neo-trans.blog/2024/03/22/its-official-board-of-elections-to-ex-plain-dealer-building/
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Cleveland: Superior Arts District: Development and News
Thanks @freefourur. I have a copy of the memo and will be writing more about it today.
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Cleveland: Lakefront Development and News
Oops. Someone forgot to tell Ontario Stone that the Metroparks is seeking state funds to buy their land! Article updated!!
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Cleveland: Transit Ideas for the Future
GCRTA used to post them but doesn't anymore. Not sure why. Given the systemwide ridership, the route data is likely so low they don't want the budget-minded politicians to realize how irrelevant transit has become to all but the transit-dependent.
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Cleveland: University Circle (General): Development and News
@scg80 Tell Councilman Blaine Griffin... Executive Assistant to the Council President Laveta Parker [email protected] 216.664.4579 and CWRU... Julian Rogers Assistant Vice President, Local Government and Community Relations [email protected] 216-368-2331
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Cleveland: Lakefront Development and News
Thanks. Fixed it
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Cleveland: Downtown: Sherwin-Williams Headquarters
To my knowledge, no internal planning has begun for the second tower.
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Cleveland: Lakefront Development and News
Metroparks buying more Cuyahoga Riverfront land By Ken Prendergast / March 21, 2024 Adding 4.5 acres of land along the Cuyahoga River is a relatively small contribution to the 1,000 acres the Cleveland Metroparks has acquired in just the past three years. But this latest addition may be one of its most visible and strategic. The site the Metroparks wants is located in Cleveland on Whiskey Island, between the river and the park system's new Wendy Park Bridge. Interestingly, no deal has been reached with the property's current owner, Ontario Stone Corp. MORE: https://neo-trans.blog/2024/03/21/metroparks-buying-more-cuyahoga-riverfront-land/
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Cleveland: Detroit-Shoreway / Gordon Square Arts District: Development News
Although she came out in opposition to more market-rate housing during her public hearing about the Lake-Watterson development (which BTW just got its 4% LIHTC reserved by the Ohio Housing Finance Agency).
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Kent / Kent State University: Development and News
It looks OK in person. I used to hang out at the old business school in the 1980s, learning about transportation logistics management. I saw the new building this past weekend while driving my wife around my old KSU haunts as our son was busily winning a district science fair competition in Akron and advancing to the state competition next month in Columbus!
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Cleveland: Detroit-Shoreway / Gordon Square Arts District: Development News
He should request a variance anyway so that it forces her to go on the public record as opposing it and why. Most politicians aren't brave and I would be happy to write about it.
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Cleveland: Downtown: Rockefeller Building Rehab-Additions
It is embarrassing, but far from hopeless. There's not much of a story for now, which is why I didn't bother writing about it.
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Cleveland: Ohio City: Irishtown Bend Park
Irishtown Bend Park design features unveiled By Ken Prendergast / March 20, 2024 Tomorrow, the board of the Cleveland Metroparks is expected to authorize requesting a $10.8 million grant from the state to pay a significant portion of the construction costs of the planned Irishtown Bend Park in Cleveland’s Ohio City neighborhood. The proposed improvements and their projected costs are based on designs that were released today. MORE: https://neo-trans.blog/2024/03/20/irishtown-bend-park-design-features-unveiled/
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Amtrak & Federal: Passenger Rail News
America first! DARPA selected us to further develop the concept of building a moon-based railroad network that would transport humans, supplies and resources for commercial ventures. Learn more: https://news.northropgrumman.com/news/releases/northrop-grumman-to-develop-concept-for-lunar-railroad
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Suburbs Post-COVID-19
I would be worried if SHW didn't keep filling more office buildings in Cleveland. The point of the article is that the 'bloodbath' is happening in all submarkets, not just downtown.
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Cleveland: General Business & Economic News
See suburban office market 'bloodbath' article.....
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Suburbs Post-COVID-19
Cleveland suburban office market ‘bloodbath’ By Ken Prendergast / March 19, 2024 The numbers are downright ugly. High office vacancy rates and even higher availability rates exceeding 20 percent owing to a big jump in office spaces available for sub-lease. Numerous Class A office buildings are for sale with few if any interested buyers. For those in a buying mood, their lowball interest may be only for the land to hold for a possible conversion to new uses or for the hopes that better days may return to the office market — someday. MORE: https://neo-trans.blog/2024/03/19/cleveland-suburban-office-market-bloodbath/
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Cincinnati Southern Railway
All done NS, city close sale of Cincinnati Southern Railway https://www.progressiverailroading.com/norfolk_southern/news/NS-city-close-sale-of-Cincinnati-Southern-Railway--71494
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Detroit: Developments and News
Love/hate stories like this