Pugu

^^In 19Q2 the Great Lakes had 4.2% of deal values, but 7.6% of all the deals. https://pitchbook.com/news/articles/21-charts-showing-current-trends-in-us-venture-capital

Yes, Loganberry is technically Shaker Hts. But of the NORTH side of Larchmere, only 1/2 is in shaker and 1/2 in the city. Kendall and Larchmere is Shaker but the next block west at 127 St is Cleveland. On the south side of Larchmere, it is fully Cleveland.

@KJP -- Your words are very powerful indeed. You could start a cult and have millions of followers. And you could be a very rich man!

^We had to get rid of them somehow. ?

Columbus is the best city in Ohio for bedbugs! From Orkin: Washington, D.C. Surpasses Baltimore to Secure Top Spot on Orkin’s 2020 Bed Bug Cities List Washington, D.C. (+1) Baltimore (-1) Chicago Los Angeles Columbus, OH New York Detroit (+1) Cincinnati (-1) Indianapolis (+5) Atlanta (-1) https://www.orkin.com/press-room/orkins-2020-bed-bug-cities?utm_source=pressrelease&utm_campaign=JSPRESS

Thanks for that! My claim of "about 12 stories" for the two buildings was purely from memory from the 70s or 80s whenever it was that they last stood!

I'd love a 150-story building on this site, but I will take a 30-something story building today over something taller at an unknown date in the future and a parking lot today. Remember, the two buildings this will replace (1 & 33 Public Square) were about 12 stories tall each before they were demolished for the never-built Ameritrust Tower.

To those skilled in sketchup or other tools---could you show what a 30-some story bldg on the West Roadway of Public Sq would look like from the lake? There was a great graphic someone created one showing the skyline with various planned (and existing) buildings as viewed from the Lake, but I can't find it now.

The Airspace Lounge at Hopkins is closing as it seems the company is going out of business--only CLE and SAN left on their website (0http://www.airspacelounge.com/cle/http://www.airspacelounge.com/cle/). Rumor is a Priority Pass lounge will take its place once the space is renovated and expanded---its a tiny space right now.

^Thanks--can't wait to check them out!

KJP---as always, great article. Question regarding, "...City Club Apartments was able to keep construction costs low by not having to purchase any land or build any parking for the new building. That likely trimmed $10 million to $15 million from the tower's development costs. Instead, Holtzman worked out a deal with the property's current owner David Goldberg to not only build on the Goldberg site but to also dedicate parking spaces to City Club Apartments residents in a six-story, 540-space garage. That parking deck is mostly full during the day but mostly empty at night. The new apartment building would be connected to the existing garage with a new, enclosed walkway....." Since no land purchase was made, does this mean City Club is renting the land from David Goldberg? Or zero rent and Goldberg gets a percentage of the profits? You said "worked out a deal"---just curious as to what the arrangement was.

Actually I stand partially corrected---and this supports KJP's google search: Apparently 3rd District goes all the way to University Circle. That's new---and a result of the change from six districts to five. Here's a map of the 3rd: http://www.mobilemaplets.com/showplace/3184

Yes, CPD uses for various units. After the new 3rd District HQ was built on Chester, CPD almost sold the original bldg to CSU, but that deal fell through and I'm glad it did. Re the 5th, there has been redistricting on the East Side as the city went from six districts to five. But the bldg on 107 St was 5th District HQ. 1 & 2 were on the west side; 3rd is Downtown and a little more, and 4/5/6 was east. Now the east side is covered by the 4th and 5th and part of 3rd.

Small correction -- it was the 5th district station. 3rd was at 21st and Payne (and is now about 40th and Chester).

^That data came out almost a MONTH ago. Nice that the PD finally picked it up. I posted some data about it the DAY it came out---though I put it in the Ohio thread as I compared CLE to the other 2Cs as well as to some other places. I made several posts looking at different things--MSAs, counties, etc., starting with this one on December 12th:

from the City Design Review package, it looks like the two-story retail is a restaurant and a day care for dogs unfortunately. I'm OK with a cool, 2-story restaurant, but the other use seems like a waste. Hopefully they will have good ventilation and air filtering---a lot of those places smell absolutely awful. Also, there are very few 3BR units---i'm glad there are at least some---but there aren't many---only 8. They are only on Floors 13-20 and just one unit per floor. I know office bldgs have higher floors than residential, but looking at the bldg next to the city club bldg--it looks like the floors---based on the horizontal rows of windows---are a lot shorter per floor-- looking them side by side in the drawings, if the city club (office) bldg were 17 stories tall---it would equal the 20 of the apt bldg---in other words, the apt doesn't look that tall compared to the city club office bldg. Glad to see balconies. We still need some high-rise condos (with balconies) downtown!

Staples?

Great article and work, Ken! Thanks for all the insightful reporting. I don't expect much from the PD but I was curious about the Minneapolis angle because of this line in your story: "The R&D facilities alone could account for nearly 1,000 jobs. Not only would about 400 employees from... the Breen Center be relocated there, but also another 400 Valspar R&D employees from Minneapolis..." but, checking the startribune website, I didn't see anything, at least not yet. This is great that they are bringing new jobs into the city from outside the metro area---a real win for the city, even if we don't get a 200-story tower!

^The cost savings comes in back office operations that both companies have regardless of the type of business, such as payroll, HR, IT, etc.

From the press release: "Dent Wizard will continue to operate independently under the leadership of its existing management team headed by CEO Mike Black." M&A announcements always say this kind of thing--regulatory approval and public opinion is harder to get if you say you're pulling 1,000 jobs out a given city. But in reality, do you think any jobs--or the full Dent HQ--will move to Cleveland in future years?

Business as usual at Hopkins: https://www.cleveland.com/cityhall/2020/01/tsa-investigating-security-breach-at-cleveland-hopkins-international-airport-involving-airport-administrator.html

E 61 between Euclid and Chester. Good for Hough/Midtown! from Crain's: Food manufacturer plans move to a Cleveland headquarters "Consumer foods product maker Eagle Family Foods Group LLC is preparing to land in the Phoenix Building, a 1918-vintage building at 1975 E. 61st St. in Cleveland that Hemingway Development has updated inside to serve as a contemporary corporate headquarters..... It's currently in The ArcelorMittal USA Building, 4020 Kinross Lakes Parkway in Richfield Village. ....The company produces and sells well-known brands ranging from Eagle Brand Sweetened Condensed Milk, used in everything from cheesecakes to frosting, and PET milk, the original evaporated milk, to Skinny Sticks, a vegetable-based snack, and G.H. Cretors Popcorn....." https://www.crainscleveland.com/real-estate/food-manufacturer-plans-move-cleveland-headquarters

"I’m very deliberate with my words....You never have to guess what I mean." Well apparently not deliberate enough. You were specifically talking about Cleveland and then said, "This city will never be what it used to be." with the reference that it was once a great city, but since has suffered a rough few decades from the 70s. So, you may have meant something else, but to me it clearly reads, 'Cleveland was great, has fallen since the 70s, but look forward not backwards even though it will never be the great city it once was.' Furthermore, you say, "Old Clevelanders always negatively compare today’s city to the city of the past. I’m saying to stop doing that." But you are doing just that by saying "This city will never be what it used to be." I know your screen name is positive......but this is how what you're saying is understood.

^Ha--a list of 11---not 10---cities and Cleveland is #11. Looks like Cleveland was an afterthought---hope the rest of the country doesn't read it that way.

^Except that you can't build an extra 20-30 stories on a skyscraper after its built. I agree SHW is a conservative company, but with their acquisition of Valspar, they not sitting idly by either. Here's hoping that they have concern for image as well and want to build a very tall tower, even if it means renting out some floors for the first decade or so, as what they might lose in rent is offset by gains in stature. Afterall, it must at least outshine the HQ of one of their primary competitors, PPG in Pittsburgh (which now owns Cleveland-founded Glidden Paints): https://www.lera.com/ppg-industries-corporate-headquarters PPG HQ: "The project consists of a 40-story central office tower with a glass-enclosed winter garden, a set of 5 smaller office buildings and a central courtyard and included a below-grade 700-car parking facility."