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Thursday, January 26, 2006

Summit, Cuyahoga & Stark County News Bytes


Newell Rubbermaid closing in Canton

Newell Rubbermaid Inc. will close its plant in Perry Township, near Canton, that employs about 260 hourly and 30 salaried workers. The Atlanta company said more than 60 percent of the workers will be offered jobs at the Rubbermaid plant in Mogadore, which is about 30 miles away, and the rest of the workers will receive severance packages. The company said the plant closing is part of an effort to reduce overhead costs. The plants make plastic products.


Sunday, January 08, 2006

Steelyard Commons
What: 1 million-square-foot open-air shopping center on 125 acres of vacant industrial land. More than 50 stores and restaurants, including Wal-Mart, Home Depot, Target, IHOP and Ruby Tuesday.

Developer: First Interstate Properties Ltd.

Cost: $120 million

Status: Construction started in September. Demolition of existing buildings is complete. Contractors are installing utility infrastructure and completing embankment needed for Quigley Road connector. Financing package, expected to be passed by Cleveland City Council this month, will create a $15 million fund for extending Towpath Trail from Harvard Avenue to the project and assisting revitalization efforts in surrounding areas.

Timetable: Building construction expected to start in May; grand opening in March 2007.

Other developments

City View Center in Garfield Heights, an $80 million, 700,000-square-foot big-box center being developed by Solon's John McGill, should be ready for tenants in the next two months. Grand opening is scheduled for May. Tenants include Wal-Mart, OfficeMax, Home Depot and Giant Eagle.
McGill will build another 200,000 square feet of retail, along with about 250 housing units, at the former Cornerstone project in Parma Heights, with portions ready by spring 2007

Chardon developer buys resort

Kiebler plans to expand New York facility
Thursday, January 26, 2006

Christopher Montgomery Plain Dealer Reporter

Findley Lake, N.Y.- Chardon developer Paul Kiebler has agreed to buy the Peek'n Peak Resort and Conference Center in Findley Lake, N.Y., a popular ski and golf destination for Northeast Ohioans. Financial terms of the deal weren't disclosed.
Kiebler said at a news conference at the Inn at the Peak on Wednesday that he plans to expand the resort during the next five to 10 years by adding a spa and more ski trails, lifts, condominiums and hotel rooms.

The goal is to make the resort a year-round destination.


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