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Category Archives: Business News

DID YOU KNOW?

Downtown Cleveland Alliance continues to bring  the latest news and information on business development in Downtown Cleveland each month through our Did You Know’s…
Downtown Cleveland apartment occupancy now stands at 96.4% and is being driven by an influx of young professionals into Downtown Cleveland?
http://www.cleveland.com/business/index.ssf/2012/04/clevelands_inner_city_is_gorn.html
According to CBRE, the Downtown Cleveland office occupancy for the first [...]

Nexus Cafe & Coffeehouse Now Open

Nexus Café & Coffeehouse, the newest member of Cleveland’s growing culinary scene, offers expertly prepared food using locally grown and produced ingredients as well as hand-crafted coffee from a region of Sumatra world-renowned for its beans.
In addition, Nexus – which opened its doors at 627 Prospect Ave.  yesterday–  provides a place where those living and working downtown [...]

Colossal Cupcakes Opens this Friday March 16th

Colossal Cupcakes is opening this Friday at 7AM! Colossal Cupcakes is located at 530 Euclid (storefront of the Colonial Marketplace).
Colossal Cupcakes serves homemade and ample sized cupcakes that offer a unique and homemade delicacy to the Greater Cleveland area. We offer an overwhelming amount of flavors decorated with supreme imagination. We pride ourselves with our [...]

Ferro Corp former HQ sold

Last month, Ferro Corp.’s (NYSE: FOE) former headquarters in downtown Cleveland was sold to Parkwood Corp, an investment firm formed by the Mandel brothers, who built and sold the former Premier Industrial Corp. in the city’s Midtown neighborhood.
The 44,000 square foot office building located at 1000 Lakeside Ave, was sold for $2.3 million, according to [...]

Ferro Corp’s Former HQ sold

Last month, Ferro Corp.’s (NYSE: FOE) former headquarters in downtown Cleveland was sold to Parkwood Corp, an investment firm formed by the Mandel brothers, who built and sold the former Premier Industrial Corp. in the city’s Midtown neighborhood.
The 44,000 square foot office building located at 1000 Lakeside Ave, was sold for $2.3 million, according to [...]

Ohio ICSC Alliance Program & Downtown Cleveland Alliance present City Centers, Casinos and Retail, a panel discussion

Thursday, February 16th
International Council of Shopping Centers in partnership with Downtown Cleveland Alliance presents the Ohio Alliance program, City Centers, Casinos and Retail, a panel discussion on Thursday, February 16th at 11:30am at Tower City Center.  The new casino developments have been generating lots of interest over the last few months.
Join ICSC and Downtown [...]

Cleveland Public Library ranked one of the Top four Libraries in the Country

Moves up one spot from last year
In a press release last week,  Cleveland Public Library (CPL) was ranked one of the top four libraries in the country, receiving the highest possible rating of five stars in the Library Journal’s America’s Star Libraries 2011, and moved up in the rankings after another strong year.
“The Library Journal’s ranking [...]

PlayhouseSquare Expertise and Collaboration Brings Dwellworks, LLC to Downtown Cleveland

PlayhouseSquare Real Estate Services, Downtown Cleveland Alliance and the City of Cleveland Prove Locating Business Downtown Makes Economic Sense-
In a press release earlier this month, Dwellworks, LLC, a company providing a suite of services to the relocation, real estate and mortgage lending industries, announced their decision to move Downtown. The company is slated to move [...]

Sage Hospitality & Optima Ventures plan Cleveland Westin

Former Crowne Plaza to reopen as a four-star luxury hotel after $64 million in renovations
In a press release last week, Optima Ventures and Sage Hospitality announced that they have partnered to purchase the Crowne Plaza Cleveland City Centre hotel in downtown Cleveland and plan to convert the property into a luxurious 481-room Westin.
The Cleveland International Fund [...]

SP Data Appoints Dan Bemis as President to lead U.S. Expansion

In a press release last month, SP Data announced Dan Bemis as President to lead the U.S. expansion. Read the release below.
CLEVELAND, OHIO – Aug. 30, 2011 – SP Data LLC, one of North America’s leading providers of contact center solutions and social media services, today announced the appointment of senior executive Daniel Bemis [...]