Adrian Maties
BYTEGRID Buys Massive Data Center in Downtown Cleveland, Secures $100M Credit Facility
BYTEGRID, a privately-held data center company headquartered in Northern Virginia, has acquired the Cleveland Technology Center (CTC), Cleveland’s market leader in secured telecommunications and data center facilities. The price of the transaction was not disclosed.
Joint Venture to Open Ohio Racino in December
The state of Ohio will get a new racino by the end of the year. Miami Valley Gaming & Racing, a joint venture of Delaware North Companies Gaming & Entertainment, headquartered in Buffalo, N.Y., and Louisville, Ky.-based Churchill Downs Incorporated, will open a new harness racing and gaming facility near exit 29 off of Interstate 75, between Cincinnati and Dayton, in December.
Akron Children’s Hospital Breaks Ground on Critical Care Tower
Akron Children’s Hospital broke ground on Thursday, May 30, on its new, seven-story, 300,000-square-foot critical care tower. Hospital leaders, elected officials, parents and children were present at the ceremony held in Perkins Square Park.
City, 3CDC, McCormack Baron Salazar Break Ground on Phase II of $63M Mercer Commons Project
The City of Cincinnati, 3CDC, and McCormack Baron Salazar, Inc. broke ground on May 31 on the second phase of the $63 million Mercer Commons project.
Lerner to Start Construction on Windmill Parc Luxury Apartment Community in Dulles Town Center
Lerner Enterprises, one of Washington, D.C.’s largest private real estate developers, has announced last week it started construction on the Windmill Parc at Dulles Town Center. This new luxury apartment home community will open in phases, with the first residents moving in next year.
Columbus, Dublin M-F Projects Win Key Approvals
Apartments are popping up in the Columbus area like mushrooms after a spring rain. In my previous article, I told you about a 504-unit project NP Limited and Trivium plan to develop in Westerville. And the Columbus apartment construction boom continues with two new projects that will deliver over 400 units.
Ground Broken on $400 Million Horseshoe Casino Baltimore
Ground was broken Wednesday, May 29, on Maryland’s newest casino, Horseshoe Baltimore. At the groundbreaking ceremony held by CBAC Gaming, LLC, the consortium developing the casino, Caesars Entertainment Chairman, President and CEO Gary Loveman joined Baltimore Mayor Stephanie Rawlings –Blake in throwing a pair of oversized, red dice on a ceremonial craps table, to mark the official start of construction on the $400 million facility.
New Hilton Garden Inn Coming to Akron’s East End Development
Akron will soon say hello to a new hotel. IRG Rubber City LLC and Summit Development Inc. have signed an agreement with Hilton Worldwide to bring a new Hilton Garden Inn to the city’s East End development.
Convergys Corp. Selling Downtown Cincinnati HQ
Convergys Corp. is selling its downtown Cincinnati headquarters but plans to lease space in the building once the transaction is finalized.
First Potomac to Sell Industrial Properties for $259M as Part of Strategic Plan
First Potomac Realty Trust announced on Monday, May 20, it has entered into two separate contracts to sell a portfolio of 24 industrial properties for a total of $259 million.