April 1, 20205 yr 40 minutes ago, KJP said: One person's opinion...... I thought the Federal stimulus included a component for small businesses. I am wrong?
April 1, 20205 yr Author 5 minutes ago, Frmr CLEder said: I thought the Federal stimulus included a component for small businesses. I am wrong? I posted the info in the correct thread so we can stay on topic here..... "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 1, 20205 yr Total conjecture on Polensek’s part, or maybe he feels this appeals to his constituents. I imagine the city can get creative in creating loan money for small businesses without pitting them against Sherwin-Williams.
April 1, 20205 yr I join the many voices above who respectfully disagree with the notion that the city can negotiate or “ask” about new specifics or terms of an agreement with SHW without it being a “bad look”. And it’s not about “position of strength” - it’s about integrity. We’re in a new time of unprecedented crisis - but we still hear that old old argument “Why help the rich when there are so many others with needs that require our attention? “ That argument might work for a councilman with a specific “base”. And I’m in no position to preach - but shouldn’t we all be supportive of one of the city’s great employers- a company BUILDING in this city - one committed to its future - one that will produce literally hundreds of new jobs and maintain thousands more? I don’t think there’s ever been a more important time to go forward with plans to build our city.
April 1, 20205 yr Forgive me if this comes across as insensitive or incorrect, but the CARE act that was approved on Friday seems to do the trick for basically every small business. Why does the City need to dip into their coffers to offer a solution that's already been solved. Again, just curious.
April 1, 20205 yr Glad to see Council President Kelley exercising better sense than his colleague. https://fox8.com/news/coronavirus/cleveland-councilman-suggests-using-money-for-sherwin-williams-to-help-small-businesses/
April 1, 20205 yr 11 hours ago, Frmr CLEder said: I thought the Federal stimulus included a component for small businesses. I am wrong? No, you're absolutely right. But think of it as a short term capital injection versus sustainable financing. With the jobs (and thereby residents) Sherwin's new tower will add, it makes the surrounding businesses more sustainable. I'm by no means a finance expert, though.
April 1, 20205 yr I think there is a lot of fear, desperation and frustration within our communities. Today is April 1st and some businesses, employers and employees have been closed for two weeks. Government: - Offices are closed - Phones lines are overwhelmed - Web sites are crashing The feedback we get from elected officials is, "the check is in the mail" Edited April 1, 20205 yr by Frmr CLEder
April 1, 20205 yr 23 hours ago, Frmr CLEder said: From what I've read they are flush with cash and despite lockdowns and social distancing rules, construction cranes here in Miami are moving full speed ahead. It's nothing like 2008 when developers were walking away from projects, cranes in place. People didn't walk away in 2008 all on the same day. It was a gradual meltdown during the fall.
April 1, 20205 yr Author To follow up on yesterday's discussion....... Some companies that came into the year with an investment-grade credit rating still only reported enough cash and other readily available assets to operate for a short time in an extreme scenario where their sales stalled and they didn't cut costs. They include paint-maker Sherwin-Williams Co. (54 days) and home-improvement chain Home Depot Inc. (17 days). Sherwin-Williams doesn't carry cash but has $3.5 billion of available liquidity, a spokesman said. Home Depot can adjust its costs and believes its investment-grade credit rating is a better measure of the retailer's ability to access capital when needed, a spokesman said. https://www.wsj.com/articles/coronavirus-puts-a-premium-on-cash-even-for-biggest-u-s-companies-11585153040 "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 1, 20205 yr Author 32 minutes ago, Frmr CLEder said: ^ Did SW pay cash for the Jacob's & Weston lots? Probably. No debt instrument related to these properties was filed with the county recorder's office. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 1, 20205 yr Some state incentives for Cleveland Sherwin-Williams HQ project put on hold amid coronavirus crisis https://www.cleveland.com/open/2020/04/state-incentives-for-cleveland-sherwin-williams-hq-project-put-on-hold-amid-coronavirus-crisis.html ? Covid-19 can’t go away soon enough.
April 1, 20205 yr If the city was to first to act and delayed their payments you all would be calling for resignations of department heads and the mayor. But since this is the state's decision, no one is saying a thing...
April 1, 20205 yr 18 minutes ago, Metz44 said: If the city was to first to act and delayed their payments you all would be calling for resignations of department heads and the mayor. But since this is the state's decision, no one is saying a thing... This will get figured out.
April 1, 20205 yr 37 minutes ago, Metz44 said: If the city was to first to act and delayed their payments you all would be calling for resignations of department heads and the mayor. But since this is the state's decision, no one is saying a thing... What is your deal?
April 1, 20205 yr Author I think the loan will eventually be approved once the state reviews its finances. The city incentives are more substantial. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 1, 20205 yr 11 minutes ago, KJP said: I think the loan will eventually be approved once the state reviews its finances. The city incentives are more substantial. Curious though if this will cause delays. It doesn’t feel like the type of cash SHW would need to see before things could get started. 1 hour ago, Metz44 said: If the city was to first to act and delayed their payments you all would be calling for resignations of department heads and the mayor. But since this is the state's decision, no one is saying a thing... One thing I’ll say about Frank Jackson, for all his flaws, he seems to understand the cost of doing business (the Pixar snafu aside). I can’t say that about all of our local politicians.
April 2, 20205 yr 1 hour ago, Metz44 said: If the city was to first to act and delayed their payments you all would be calling for resignations of department heads and the mayor. But since this is the state's decision, no one is saying a thing... Doesn't the City of Cleveland and Cuyahoga County have more financial skin in the game than the State of Ohio? It may seem like doom and gloom at the moment, but this first SARS-CoV-2 wave will be the worst; it will get better with subsequent waves, as we approach some semblance of normality. This project included. Edited April 2, 20205 yr by Frmr CLEder
April 3, 20205 yr Interesting historical post about the SHW HQ site: https://www.facebook.com/groups/203417926921717/permalink/598495850747254/
April 3, 20205 yr Author 35 minutes ago, MuRrAy HiLL said: Interesting historical post about the SHW HQ site: https://www.facebook.com/groups/203417926921717/permalink/598495850747254/ Crap. I was hoping someone wouldn't find that. I was tempted to write an article about that. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 3, 20205 yr ^It would certainly give some character to the area once it gets a gigantic parking deck. I certainly thought it was a throwaway building. That would be nice to see SHW incorporate the building into their plan. If not that, maybe add some of the motif or stylings to the new complex.
April 4, 20205 yr ^ Look at the lost potential to preserve history and to activate that adjacent rooftop. Well here's hoping SW project can work up a little magic to save such an old building.
April 4, 20205 yr For those who are bored and want to engage in some home improvement activities, SW continues to target consumers during stay at home orders. April's color is Verde Marron. https://www.sherwin-williams.com/homeowners/inspiration/inspiration-videos/a-year-in-color/sw-video-cotm-apr2020-diy Edited April 5, 20205 yr by Frmr CLEder
April 4, 20205 yr On 4/3/2020 at 9:10 AM, MuRrAy HiLL said: Interesting historical post about the SHW HQ site: https://www.facebook.com/groups/203417926921717/permalink/598495850747254/ Super cool post and concept. But now I'm going to be disappointed by any plan for the headquarters that isn't this beautiful one.
April 4, 20205 yr Why does it need 3 more plaza/greenspace areas? Public Square is a block away. The Mall is two. We shouldn't be so afraid of buildings Downtown.
April 4, 20205 yr Author 2 minutes ago, X said: Why does it need 3 more plaza/greenspace areas? Public Square is a block away. The Mall is two. We shouldn't be so afraid of buildings Downtown. Ever been to Rome, Paris or London? Every other block seems to have a public space on it. And I suspect the SHW HQ will have some common spaces so that employees can step out of the office for a few minutes to recharge their batteries. They may not all be open to the public, but looking at the Goodyear HQ that CEO Morikis apparently liked, we may see some public plazas at the SHW HQ. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 4, 20205 yr I spent a quarter studying architecture and urban design in Rome. There are indeed a lot of public spaces, but it's really hard to compare them to what we see in American Downtowns. The public spaces in Rome drive the layout, pedestrian flow, and land use of the city in a way that American downtown plazas pretty much never do. Just adding a clock tower and some columns to a standard downtown plaza is a misunderstanding of what makes Italy's public spaces work so well. edit- I left this out, but the most important thing about Italy's public space may be their important social function. They are the hubs of Italian social life, not bars or restaurants like in the U.S.
April 4, 20205 yr Author All the more reason we should aspire to embrace what makes great cities great. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 4, 20205 yr If the Gilman Building is indeed incorporated into the SW HQ design concept, I hope it doesnt turn into something like the gothic glass HQ of PPG in Pittsburgh.
April 4, 20205 yr We're probably going to see a massive parking garage cover far too much of the site plan. If we get something other than a lifeless wall along 3rd or 6th, I'll be happy. Though I could do without the setbacks or corporate plazas. Edited April 4, 20205 yr by Mendo
April 5, 20205 yr Author 3 hours ago, X said: Yes, but corporate plazas have always been the opposite of that. Doesn't mean we can't post our own wishes in the hopes that someone of importance might see it, right? "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 5, 20205 yr clever and food for thought, but i’d rather they focus on bringing the gilman back to its historic self if possible than conjour up a faux throwback grand archway & courtyard. there are other ways for staff to step out and get air, like rooftops and balcony level courts. otoh, public passageways are a great idea. i think that might depend in part on if they want to allow for small ground level retail like a lunch place or two and corner shop, etc., or if they are going to have a big corporate cantina inside to feed the employees? i would say maybe make for an open mid-block public passageway with a high ceiling(i’m thinking of something like 6 1/2 ave in midtown ny).
April 5, 20205 yr 19 hours ago, Frmr CLEder said: If the Gilman Building is indeed incorporated into the SW HQ design concept, I hope it doesnt turn into something like the gothic glass HQ of PPG in Pittsburgh. Question: Is the Gilman Building the former Stark building sold to Realife. If not Exactly where and which building is it?
April 5, 20205 yr This is it's original appearance but it has been "modernized" like so many other historical Cleveland treasures. I could see the incorporation of this into the SW HQ resulting in a version of PPGs gothic Pittsburgh HQ, which was never one of my favorite urban developments.
April 5, 20205 yr 1 hour ago, simplythis said: Question: Is the Gilman Building the former Stark building sold to Realife. yes When is the last time I-71 turned a profit?
April 6, 20205 yr JobsOhio approves $37.5 million in grants for Sherwin Williams https://www.cleveland.com/business/2020/04/jobsohio-approves-375-million-in-grants-for-sherwin-williams-new-hqs-and-rd-facility.html Edited April 6, 20205 yr by osu4brutus03
April 7, 20205 yr Sherwin-Williams delays headquarters, research center spending Sherwin-Williams Co. has temporarily cut spending on its proposed new downtown Cleveland global headquarters and Brecksville research center to focus on coronovirus COVID-19 matters. In an email late Monday afternoon, April 6, Sherwin-Williams issued a statement saying the proposed $600 million investment in Northeast Ohio "is on hold near-term as the company focuses on the health and safety of our employees, customers and communities. The most critical planning activities for the project will continue, though at a slower pace." However, the company said it will "continue to work with state and local partners and look forward to finalizing the remaining economic development package agreements" The update on planning for a 1 million-square-foot headquarters on the west side of Public Square and a half-million-square-foot research center in Brecksville was included in response to a Crain's Cleveland Business request for comment on JobsOhio approving $37.5 million in grants for the projects. More below: https://www.crainscleveland.com/real-estate/sherwin-williams-delays-headquarters-research-center-spending "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
April 7, 20205 yr While unfortunate, not really that surprising given the situation. Hopefully things are able to progress in the near future.
April 7, 20205 yr In an email late Monday afternoon, April 6, Sherwin-Williams issued a statement saying the proposed $600 million investment in Northeast Ohio "is on hold near-term as the company focuses on the health and safety of our employees, customers and communities. The most critical planning activities for the project will continue, though at a slower pace." Any idea what that might entail?
April 8, 20205 yr I know this time is different. But it's strange how on a number of occasions, as Cleveland was on the verge of a game changing tower or project - at the last minute disaster strikes sending a mega-project to the unbuilt file. In 87 it was Progressive's 60 story project at the end of the mall that died before it started - as the insurance company hit some financial problems. Then, just a year later, 1988 brought a game-changing proposal for the 1200 foot Ameritrust Tower on the Jacobs lot - which got killed by Ameritrust's merger with Society Bank. Fast forward 30 or so years past Nucleus (I wont go there) into 2020, just as the SHW World Headquarters is just getting cooking- and this time - it's the CoronaVirus Pandemic with the future uncertain and the economy on the ropes. Obviously - first things first - we've got to take care of people, as a country, and do all that we can to defeat the virus and minimize the pain. But just to be a little selfish for a moment - and put on my Forum Hat - this moment feels a little scary in terms of Cleveland development. I'm sure (or was sure) that SHW would be moving full steam ahead with their project - but then the news late Monday shook that confidence just a bit. I hope that the virus is completely defeated in the coming months - many Americans have done their part so far- and research work, testing development and medication trials are happening with intensity. There will be a new normal to get back to - and hopefully it's sooner than later - but it will come. And Cleveland will go on, in a new decade that up until just weeks ago had a lot of momentum and the most positive energy the city has seen in many decades. I'm cautiously optimistic that we won't see a major slowdown in the plans to build the SHW HQ project. But it's certainly too soon to know exactly where any of this is going just yet. Hopefully SHW has their eyes firmly on the vision of this new world headquarters rising in this city on more-or-less the original timeline. Hopefully, this is a relatively short delay while the company takes a deep breath, takes care of its people and determines fairly quickly that it's time to move forward Maybe we'll get some calming messages from some of you most connected Forum insiders that can reassure us. But if you feel just a bit nervous, I get it.
April 8, 20205 yr Its just a slight delay, SHW is building their HQ on those lots. No reason to be nervous at all.
April 8, 20205 yr 6 hours ago, CleveFan said: I know this time is different. But it's strange how on a number of occasions, as Cleveland was on the verge of a game changing tower or project - at the last minute disaster strikes sending a mega-project to the unbuilt file. In 87 it was Progressive's 60 story project at the end of the mall that died before it started - as the insurance company hit some financial problems. Then, just a year later, 1988 brought a game-changing proposal for the 1200 foot Ameritrust Tower on the Jacobs lot - which got killed by Ameritrust's merger with Society Bank. Fast forward 30 or so years past Nucleus (I wont go there) into 2020, just as the SHW World Headquarters is just getting cooking- and this time - it's the CoronaVirus Pandemic with the future uncertain and the economy on the ropes. Obviously - first things first - we've got to take care of people, as a country, and do all that we can to defeat the virus and minimize the pain. But just to be a little selfish for a moment - and put on my Forum Hat - this moment feels a little scary in terms of Cleveland development. I'm sure (or was sure) that SHW would be moving full steam ahead with their project - but then the news late Monday shook that confidence just a bit. I hope that the virus is completely defeated in the coming months - many Americans have done their part so far- and research work, testing development and medication trials are happening with intensity. There will be a new normal to get back to - and hopefully it's sooner than later - but it will come. And Cleveland will go on, in a new decade that up until just weeks ago had a lot of momentum and the most positive energy the city has seen in many decades. I'm cautiously optimistic that we won't see a major slowdown in the plans to build the SHW HQ project. But it's certainly too soon to know exactly where any of this is going just yet. Hopefully SHW has their eyes firmly on the vision of this new world headquarters rising in this city on more-or-less the original timeline. Hopefully, this is a relatively short delay while the company takes a deep breath, takes care of its people and determines fairly quickly that it's time to move forward Maybe we'll get some calming messages from some of you most connected Forum insiders that can reassure us. But if you feel just a bit nervous, I get it. I'm never sad about Ameritrust Tower. It wasn't built but was purchased by what is now Key Bank which relocated their corporate headquarters to CLeveland AND built Key Tower on the lot next to the Ameritrust tower lot. It virtually was an even swap and honestly the Key Tower design is far better than the Ameritrust one. You wouldn't have gotten both built downtown it was always going to be one. But it isn't like Sherwin Williams is cash strapped or anything but they are a conservative company that is playing it safe. They are definitely going to build the tower, they have to technically due to space constraints at their current home. They also made the investment to OWN the lot unlike the Progressive situation (unless there is something on that I haven't read). We'll be okay.
April 8, 20205 yr 58 minutes ago, MyPhoneDead said: I'm never sad about Ameritrust Tower. It wasn't built but was purchased by what is now Key Bank which relocated their corporate headquarters to CLeveland AND built Key Tower on the lot next to the Ameritrust tower lot. It virtually was an even swap and honestly the Key Tower design is far better than the Ameritrust one. You wouldn't have gotten both built downtown it was always going to be one. But it isn't like Sherwin Williams is cash strapped or anything but they are a conservative company that is playing it safe. They are definitely going to build the tower, they have to technically due to space constraints at their current home. They also made the investment to OWN the lot unlike the Progressive situation (unless there is something on that I haven't read). We'll be okay. That’s not quite true. Society built Society tower pre-merger with Key. Society also acquired AmeriTrust pre merger with Key.
April 8, 20205 yr I had to reread the article to realize how misleading it’s headline is. “The company said its strategic reasons for undertaking the megaprojects remain unchanged, along with a schedule that it will stay in the existing buildings until 2023.“ The article states SHW is likely temporarily cutting spending on outside consultants while some consultants and SHW staff continue to work on the future HQ and R&D. Edited April 8, 20205 yr by Sapper Daddy
Create an account or sign in to comment