Akron Rebar Looks to Put Investments to Work with an eye Toward Retail By
By Dan Shingler, Crain's Cleveland Business
There may be no one who likes to see a cement truck working in Northeast Ohio more than Michael Humphrey II.
The entrepreneur purchased Akron Rebar Co. in his hometown last summer and since then has been investing in it to increase capacity, expand its distribution operations and...
Q (Rocket Mortgage FieldHouse) Transformation Project Update
From the webpage of Rocket Mortgage FieldHouse.
During the next several months, construction crews, technicians and designers will be hard at work to complete the nearly two-year renovation project on the 26-year old venue to transform it into a vibrant showplace and a hub of technology that will lead the charge in innovation and fan...
Summa Health's Rebound is on Display via its many Projects
By Lydia Coutré, Crain's Cleveland Business
In addition to the new seven-story patient tower Summa Health is opening in late May on its Akron campus, there are nearly two dozen other construction projects planned or underway across the system.
Summa estimates that it will invest more than $100 million...
Thirty Years Ago, An Article Described How a 'Benign Conspiracy' of Corporate Executives Took Over Cleveland
Posted By Sam Allard, Cleveland Scene
Exactly thirty years ago, on March 29, 1989, an article published in Fortune Magazine described how Cleveland's corporate executives took control of the city in an explicit — and in their view, public-spirited — power grab.
The contents of the...
Opportunity Zone Editorial
By Crain's Cleveland Business Editorial Board.
"Every success we have in bringing marginalized workers back in is a win for the GDP growth."
That statement came from Jeff Korzenik, chief investment strategist at Fifth Third Bank, who was a panelist during a May 7 event in Cleveland, "Poverty and...
New Headquarters for Cleveland Paint Giant Sherwin-Williams?
By Emily Bamforth, cleveland.com
Paint giant Sherwin-Williams could be considering a new headquarters, as space grows tight in its Cleveland offices, according to a local blogger.
Ken Prendergast of NEOTrans, an economic development and transportation blog, reported multiple sources saying that Sherwin Williams officials...
Cleveland Clinic, Metrohealth, UH Building Boom Driven by Competition, Aging Population
By Ginger Christ, The Plain Dealer
As shovels of dirt were ceremoniously raised this past month for MetroHealth’s new hospital, other area health care systems’ construction projects were under way, as well.
Players in the local health care market are actively investing in updated facilities. For example: a...
Early Plans for Library Lofts in University Circle Win Approval and Provide Peek at Bigger Development
By Steven Litt, The Plain Dealer
Initial plans for an apartment building to be built atop a future library along Euclid Avenue in University Circle quickly won approval Thursday from the city’s Euclid Corridor Design Review Committee.
The apartment project, called Library Lofts, takes its inspiration –...
Contractors Invited to Coffee to Learn About Historic Tax Credits
By Sean McDonnell - special to cleveland.com
Heritage Ohio will be holding free one-hour coffee sessions for local contractors to learn more about using historic tax credits for rehabilitating older commercial buildings.
Heritage Ohio Director Joyce Barrett said the session are...
Ohio City, Tremont Apartments Push Up Land Prices
By Stan Bullard, Crain's Cleveland
The apartment-crazed Ohio City and Tremont development scene has reached an unexpected pace. The rash of recent deals has pushed land prices for sites suitable for such projects to the lower rung of those in downtown Cleveland, long the region's high-water mark.
That's the upshot of a...