big cle news this month, but since i see no thread as yet i will start one.
cleveland's prime tower ready site on public square and its clear cut downtown parking ocean in the warehouse district at long last are all about to go away for sherwin williams HQ expansion.
it will be over a million sq ft on 3 major lots, with an additional 500k sq ft of a new r&d facility in the suburbs.
construction could start Q4 and move in is projected for 2023. it also opens up the riverfront below the terminal tower for redevelopment and should hopefully spur a lot of spin-off.
Sherwin-Williams confirms plans for new downtown Cleveland HQ, Brecksville R&D center
Updated Feb 06, 2020; Posted Feb 06, 2020
CLEVELAND, Ohio -- The Sherwin-Williams Co. confirmed Thursday morning that it is planning a new downtown Cleveland headquarters and a research and development center in Brecksville, in a set of projects expected to bring hundreds of new jobs and a corporate investment of at least $600 million to Cuyahoga County.
In a news release, the company said that its new, 1-million-square-foot headquarters will rise from parking lots just west of Public Square, a short walk from Sherwin-Williams’ longtime home at the historic Landmark Office Towers.
The R&D center, which will replace the company’s downtown Breen Technology Center and a facility in Warrensville Heights, will be the 500,000-square-foot anchor for the redevelopment of a former U.S. Department of Veterans Affairs hospital property off Interstate 77 in Brecksville.
“Our plans to continue investing in Cleveland and Northeast Ohio build on our 154-year legacy as one of the region’s top employers and drivers of economic activity,” John Morikis, the company’s chairman and chief executive officer, said in the news release.
more:
https://www.cleveland.com/business/2...rd-center.html
reaction:
https://www.cleveland.com/business/2...usinesses.html
site:
aerial:
possible massings:
http://neo-trans.blogspot.com/2019/1...mits-with.html