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Does anyone know what is being done at the PNC/Nat City Center building?

 

 

*Please move this post to appropriate forum if need be. I couldn't find anything specific to nine twelve district.

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Construction survey says concerns are up

September 18, 2016 UPDATED 2 DAYS AGO

By STAN BULLARD   

 

Northeast Ohio construction contractors and real estate developers remain optimistic about the prospects for more projects, but they’re increasingly hearing the call of out-of-town opportunities as large local projects finish and the region’s economy remains lackluster.

 

That’s the conclusion from Solon-based Skoda Minotti accounting, business and financial advisory firm’s just-completed 2016 survey of the construction and real estate industries.

 

“Everyone is looking for their next sandwich,” said Roger Gingerich, partner-in-charge of the construction and real estate group of Skoda Minotti. “The world feels a little shaky. And in an election year, especially in this presidential election, there is uncertainty about the future, and government has a lot of bearing on the construction business.”

 

Or it may be that the building-related firms have a little hangover after the Republican National Convention. Massive mega projects around town, from the $267 million Hilton downtown to American Greetings Corp.’s new headquarters in Westlake, are done or soon will be. The next round of massive projects is not yet set, even though smaller projects, especially apartments, abound in city neighborhoods and suburbs, while the health care and education markets remain busy.

 

MORE:

http://www.crainscleveland.com/article/20160918/NEWS/160919845/construction-survey-says-concerns-are-up


"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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What a disgusting waste of land. Does anyone read TOD manuals?? Horizon just used their cookie-cutter suburban design and plopped it down next to a rail station. Outrageous.....

 

proposed-horizon-centerpng-11eda982d590f72d.png

 

RTA to sell land at Triskett Station to Horizon Education Centers

By Ginger Christ, The Plain Dealer

on September 27, 2016 at 4:16 PM, updated September 27, 2016 at 4:18 PM

 

CLEVELAND, Ohio – A new day care center could be built at the Triskett Rapid Station on the city's west side.

 

The Greater Regional Transit Authority on Tuesday approved the sale of a parcel of land currently being used as overflow parking at the Triskett Station to Horizon Education Centers for $230,000.

 

North Olmsted-based Horizon operates child care centers throughout Northeast Ohio and has been increasing its presence in Cleveland proper. Horizon recently opened a location on West 25th Street.

 

MORE:

http://www.cleveland.com/metro/index.ssf/2016/09/rta_to_sell_land_at_triskett_s.html


"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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There's so much sadness in this, even aside from the crappy design. The crazy low winning bid for a flat, vacant site immediately adjacent to a rail station... That RTA doesn't need so much parking at one of its park & ride lots... That RTA is so short on money it accepted the bid...

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I just cant believe that this crap was the best proposal and highest bid for the land and that RTA went with it. Again, I wonder who is the new property manager there- the position was open earlier this year and it appears they selected someone with no clue about TOD for something as important as the proposed future land use at sites owned by RTA. What a joke!

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"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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At least you can drop off your kid and hop on the train for work.

 

This is actually true.  One of the roadblocks to transit use can be the need to drop off and pick up kids.

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Glad to see the renovations of Dunham Tavern (why isn't this in the Midtown thread?). They must have just started that work as I visited it one month ago....

 

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"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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Interesting trend news here....

 

The 'tide has turned' in construction in Northeast Ohio

October 04, 2015

By STAN BULLARD

 

For the folks in construction — from the ones behind the orange barrels maddeningly clogging Cleveland streets with traffic to the nail gunners who frame single family homes — the good times are going again.

 

Set against the worst building market since the end of World War II and blues that went with it just five years ago, it’s a stark turnaround. To prove it, ask Roger Gingerich, partner-in-charge of the real estate and construction group at Mayfield Village-based Skoda Minotti accounting and financial advisory firm. As the orchestrator of a survey of construction company owners and executives since 2008, he has the numbers to prove it in the just-completed 2015 survey.

 

In 2010, lack of work was a threat to their business for 69% of the respondents. This year, it is an issue for just 14%. The leading worry this year also is telling, as securing skilled labor is considered the biggest threat for 39% of the contractors. Concerns are closely spread among five other factors.

 

MORE:

http://www.crainscleveland.com/article/20151004/NEWS/151009937/the-tide-has-turned-in-construction-in-northeast-ohio


"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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Winners and losers....

 

ABB, Weston seek incentives to build in Highland Hills

October 12, 2016

By STAN BULLARD   

 

Wickliffe's loss may become Highland Hills' gain as Switzerland-based ABB Inc. considers constructing an office and research complex at the southeast corner of Green and Harvard roads for its instrumentation and analytical unit.

 

The unit is better known locally as the former Bailey Controls Co.

 

With an estimated 600 jobs at stake, Highland Hills Village Council on Wednesday night, Oct. 12, is scheduled to consider legislation authorizing incentives for Warrensville Heights-based real estate developer and owner Weston Inc. and ABB to undertake the multimillion-dollar project.

 

...Nash said the project also is moving forward because for the first time, Highland Hills has agreed to a joint economic development agreement with the city of Cleveland providing for revenue sharing as well as utilites for the project. That means terms will be clear for developing another 90 acres adjoining the ABB project site in Highland Hills.

 

If the project proceeds, Wickliffe stands to lose one of its largest sources of municipal income taxes, said Jason Laver, Wickliffe economic development director, in a phone interview.

 

MORE:

http://www.crainscleveland.com/article/20161012/NEWS/161019924/abb-weston-seek-incentives-to-build-in-highland-hills


"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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Sucks for Wickliffe, but at least its a substantial number of jobs moving into Cuyahoga County, instead of the other way around. And I'd much rather see them in the city of Cleveland (seems the perfect fit for Midtown), at least Cleveland will be getting a portion of the income taxes.

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Sucks for Wickliffe, but at least its a substantial number of jobs moving into Cuyahoga County, instead of the other way around. And I'd much rather see them in the city of Cleveland (seems the perfect fit for Midtown), at least Cleveland will be getting a portion of the income taxes.

 

Is the site in the Chagrin Highlands development? If so then I believe Cleveland gets half the income tax.

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Oatey Co. opens new Cleveland headquarters

October 11, 201

By STAN BULLARD

 

Oatey, the Cleveland-based manufacturer and distributor of plumbing products, on Tuesday, Oct. 11, celebrated two things: the opening of its new headquarters at 20600 Emerald Parkway, and its 100th anniversary.

 

The 47,000-square-foot building is perched on the east side of the Rocky River valley and overlooks the trees of the Rocky River Reservation of Cleveland Metroparks.

 

MORE:

http://www.crainscleveland.com/article/20161011/NEWS/161019947/oatey-co-opens-new-cleveland-headquarters


"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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^^This makes sense.  A downtown office for a quick appointment while on break?    I would trade 10 more of these for just ONE of those built-at-an-interchange hospitals that the Clinic and UH are using to check their phallic sizing.  If you want to find waste in healthcare, they are being built at suburban exits all over America.

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I said it before, dentist, doctors, pediatricians, etc are needed for downtown to continue to grow.

 

Unless something has changed since I moved away a few years ago, there are several dentists downtown...but your point is well taken.

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Luxury living is light years ahead

The growing list of amenities in today's apartments far surpasses the former standards

By STAN BULLARD

 

Tenants at Four Seasons IV, the latest addition to the ritzy Four Seasons apartment complex in Beachwood, have their choice of spending free time in a yoga studio, visiting a masseuse in a spa-like room or joining friends or other tenants in a round of golf at Augusta.

 

Or, if not the famed Georgia course, their choice of many around the globe on a golf simulator with a 9-by-12-foot screen in a specially outfitted room for duffers. Welcome to a major distinguishing trend of the boom of luxury market-rate rentals; they are characterized by amenity packages, upgraded finishes and different designs from their predecessors, which usually date from 30 or 50 years ago.

 

MORE:

http://www.crainscleveland.com/article/20161029/NEWS/161029810/luxury-living-is-light-years-ahead


"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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Luxury living is light years ahead

The growing list of amenities in today's apartments far surpasses the former standards

By STAN BULLARD

 

Tenants at Four Seasons IV, the latest addition to the ritzy Four Seasons apartment complex in Beachwood, have their choice of spending free time in a yoga studio, visiting a masseuse in a spa-like room or joining friends or other tenants in a round of golf at Augusta.

 

Or, if not the famed Georgia course, their choice of many around the globe on a golf simulator with a 9-by-12-foot screen in a specially outfitted room for duffers. Welcome to a major distinguishing trend of the boom of luxury market-rate rentals; they are characterized by amenity packages, upgraded finishes and different designs from their predecessors, which usually date from 30 or 50 years ago.

 

MORE:

http://www.crainscleveland.com/article/20161029/NEWS/161029810/luxury-living-is-light-years-ahead

 

MEH

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^ let me guess, it would only rate two thumbs up from you if it had a catwalk amenity so you could practice voguing your looks, amiright?

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Cleveland funds win $105 million in federal New Markets Tax Credits to invest in local projects

http://realestate.cleveland.com/realestate-news/2016/11/cleveland_funds_win_105_millio.html#incart_river_home


"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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I'm surprised the May Co. building wasn't mentioned in the article.  That is such a massive blight in the otherwise fully revamped gateway/Euclid ave/Public Square area.  Does anyone know the status of this building?

 

Last I heard the owners were trying to get tax credits to take it residential.

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MayCo might not be eligible for NMTC if the residential component makes up too large a share of the project. NMTC is intended primarily to benefit commercial/economic development.

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MayCo might not be eligible for NMTC if the residential component makes up too large a share of the project. NMTC is intended primarily to benefit commercial/economic development.

 

Someone should perhaps educate them on the balance.  Even I get that.....

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I'm sure a more detailed article will follow this news brief....

 

Three Cleveland buildings, one in Kent win Ohio State Historic Preservation Tax Credits

 

A project at the Halle Department Store building, proposed by an affiliate of Willoughby-based K&D Group, received a $5 million allocation for a proposed $54 million remaking of the building's top six floors to apartments. Also winning approvals for the credits are the Bloch Block building, 1273-1275 W. Ninth St. in the Warehouse District, and the Empire Improvement Building, 2101 Superior Ave. in the Campus District, as well as Kent's L.N. Gross Co. Building.


"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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It's that time of the year, when a dearth of real news begets the reporter's best friend -- the top 10 list....

 

Top 10 real estate and development stories of 2016

December 21, 2016 UPDATED 11 HOURS AGO

By STAN BULLARD   

 

When constructions hit peak pace in the real estate cycle, it's as interesting and varied as watching an afternoon of horse races — and with almost as many jockeys.

 

The 20-story One University Circle apartment building began rising in June on its way to becoming the tallest apartment building to go up in the city in more than 40 years. In many ways, the project typifies the go-go apartment drive nationally and in the region driven by low interest rates. Moreover, lots of other deals are remaking the region's physical environment this year, or new owners promise to shake things up.

 

Here are our picks for the top real estate stories of the year.

 

MORE:

http://www.crainscleveland.com/article/20161221/NEWS/161229955/top-10-real-estate-and-development-stories-of-2016


"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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In Crain's Boook of Lists, Largest Architectural Firms, the Cleveland office of AECOM lists a  "new confidential headquarters building" as one of its current projects. Of course that project wouldn't have to be in Cleveland, but it's food for thought.


There's nothing wrong with optimism, as long as you don't get your hopes up.

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In Crain's Boook of Lists, Largest Architectural Firms, the Cleveland office of AECOM lists a  "new confidential headquarters building" as one of its current projects. Of course that project wouldn't have to be in Cleveland, but it's food for thought.

 

EDIT: A friend of mine at AECOM says it isn't in Cleveland.


"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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Charter Steel to build new $150 million mill in Cuyahoga Heights

By Plain Dealer business staff

on January 31, 2017 at 12:36 PM, updated January 31, 2017 at 1:19 PM

 

CUYAHOGA HEIGHTS, Ohio - Charter Steel, of Wisconsin, today announced plans to build a new $150 million steel mill adjacent to its coil mill and steelmaking operations in Cuyahoga Heights.

 

The new rolling mill will utilize precision sizing to produce carbon and alloy steel bars for a variety of industries. Construction of the new mill is expected to begin this spring. Operations at the existing plant, 4300 E. 49th St. in Cuyahoga Heights, will continue uninterrupted during construction.

 

The new mill is expected to be online in the second half of 2018, said John W. Mellowes, CEO of parent company Charter Manufacturing Co. The project will create about 25 jobs and represents the largest investment in the family-owned company's 81-year history.

 

MORE:

http://www.cleveland.com/business/index.ssf/2017/01/charter_steel_to_build_new_150.html


"Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege." -- Tommy Douglas, Scottish-born Canadian Baptist minister and the seventh Premier of Saskatchewan

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