Cleveland chosen as one of 5 finalists to host International Public Markets...
The event would be a coup for Cleveland, which will celebrate the 100th birthday of the West Side Market in 2012. The city is competing against London, Toronto, Seattle and Charleston, S.C. Gus Chan,...
View ArticleFord starts second shift at Brook Park; gets tax credits for $100 million in...
Ford adds a second shift to one of its Brook Park engine plants and is adding jobs to its Lima Engine Plant. Ohio has offered the company $8.25 million in tax breaks to support the projects. Lynn...
View ArticleForest City, others aim to turn waste into energy with aid from federal...
The Ohio Department of Development awarded $10 million in grants of federal stimulus money to 11 projects, most of which involve building anaerobic digester facilities to turn organic waste into...
View ArticleFlats East Bank financing set to close Tuesday, despite a dispute with the...
The Wolstein Group and Fairmount Properties claim their long-anticipated closing was almost derailed by an architectural firm's effort to get paid for its work. The developers say they do not have the...
View ArticleFlats East Bank project closes financing, to start construction
The Wolstein Group and Fairmount Properties closed this morning on financing for the first phase of the long-delayed project. Their deal brings together more than $276 million from public and private...
View ArticleDowntown Cleveland Alliance touts growing businesses in new Cleveland promotion
The nonprofit group is spending $1.2 million in the first year of a business-development and attraction effort. The alliance is launching a business-development center and promoting downtown Cleveland...
View ArticleJumpStart closes a high of 15 investments in 2010
The investment arm of Cleveland nonprofit JumpStart Inc. put $3.1 million into 15 early-stage companies last year. CLEVELAND, Ohio -- JumpStart Ventures, which funds nascent Northeast Ohio companies,...
View ArticleMiceli Dairy Products describes plan for expansion in Cleveland
The Miceli family plans to break ground this summer on a $16 million to $20 million expansion of its operation south of Buckeye Road that will add 60 workers to its 138-employee work force within five...
View ArticleCharter One, Ohio City launch small business grant contest
Grants of $3,000 to $20,000 will be available to entrepreneurs and growing small businesses in a competitive process this month. The contest is one of several programs funded by $130,000 in grants...
View ArticleDesigner, retailer plan Dredgers Union store on East Fourth Street in...
The apparel and home goods store will take 4,500 square feet on the first floor of a former department-store building at 2043 East Fourt St. If Dredgers Union is successful, it could demonstrate that...
View ArticleTeam NEO says it attracted 12 companies to the region in 2010
The business-attraction group says it helped bring a dozen companies, 672 new jobs and $40 million in payroll to the 16-county area last year. Many of the companies are small to mid-size businesses;...
View ArticleFlats Oxbow Association on uncertain footing amid change in Cleveland's Flats
It's unclear who will lead a Flats revival. Flats Oxbow, which has more than 100 paying members, considers itself "the voice of the Flats." But the nonprofit group saw its public funding reduced last...
View ArticleProjects along the Cuyahoga River, in downtown Cleveland present...
Politicians, nonprofit groups and property owners are mulling the future of the Flats, amid more than $2 billion in planned and emerging projects in downtown Cleveland and along the river....
View ArticleCleveland's JumpStart launches national platform in tandem with White House's...
For Northeast Ohio, JumpStart's participation means national attention and an opportunity to attract investments from national foundations. The nonprofit group is launching JumpStart America, another...
View ArticleForest City closes $85 million sale of land for Cleveland casino
Rock Ohio Caesars Cleveland LLC paid $11 million at closing and will pay the balance in installments in late 2011 and 2012. The developer purchased 16 acres of land and air rights adjacent to Forest...
View ArticleGreater Cleveland Partnership will move to PlayhouseSquare; Positively...
Displaced by the casino, the partnership will move to 1240 Huron Road. Positively Cleveland will take 17,500 square feet at the western corner of East Fourth Street and Euclid Avenue. Liggett...
View Article$1 million in funding from Wooster-based start-up began with a tweet from...
Wooster-based 60mo receives $1 million in funding from Groupon founders to further develop the small-business management software firm. Founder Edward Buchholz sought out-of-state funding because he...
View ArticleOld St. Luke's hospital in Cleveland set for rebirth; developers to start...
Developers expect to close today on financing for the $22 million first phase, which will turn the old hospital's central wing into 72 apartments. Later phases, involving 65 apartments in the west...
View ArticlePlanned skateboard park in Cleveland could have big impact as part of...
Mayor Frank Jackson has asked Cleveland City Council to approve $550,000 for the skatepark as part of the city's 2011 capital improvements plan. If council members concur, construction on the park...
View ArticleGordon Food Service buys 1.4 acres in South Euclid for new Cedar Center store
The retailer, based in Grand Rapids, Mich., has paid roughly $2 million of the $2.3 million purchase price for 1.4 acres north of Cedar Road. Construction on the GFS Marketplace store could start in...
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