The Cleveland-Cuyahoga County Port Authority board of directors has approved the sale of five acres of land that will be used to expand the facilities of the Great Lakes Towing Co. – which builds and operates tugboats and repairs other large vessels.  More...

An innovative use of sediment dredged from the Cuyahoga River could help lay the foundation for a local job-creating effort while also creating additional capacity for future dredged material. The Cleveland Harbor Task Force says the project, which essentially involves recycling of dredged sediment, will demonstrate the potential for beneficial upland uses.  More...

The Cleveland-Cuyahoga County Port Authority today initiated a comprehensive review of its business that will help determine dredging solutions, its best role in the maritime industry and future facility needs. By year-end, the port will have new, crucial information that is needed to chart a clear and aggressive course for maximum economic and community benefit.

“This is a critical milestone for this community,” said Will Friedman, port president and CEO. “We have big decisions with substantial economic consequences for the entire state that need to be made, but we don’t at this time have many of the facts to intelligently make these decisions. Soon, we will.”  More...

The Cleveland-Cuyahoga County Port Authority’s board of directors today agreed at a special meeting of the board to provide up to $75 million in financing for the expansion of the Cleveland Museum of Art.

The Port will issue up to $75 million in bonds for the $350 million expansion and renovation project so that construction may continue and be completed by 2013. The museum has raised $220 million toward its $350 million campaign and plans to raise the additional $130 million by 2014.  More...

The board of the Cleveland-Cuyahoga County Port Authority agreed today to provide $58 million in financing to give a boost to two development projects in northeast Ohio.

The port will be issuing $5.2 million bonds for an $11.7 million project that will result in the production of three films in by New York-based Nehst Creations, which has a film production studio that is located in the Cleveland Convention Center. Nehst is providing an equity contribution of $6.5 million to the project. The State of Ohio offered a tax break for the project, while Cuyahoga County and the City of Cleveland guaranteed part of the financing of the project. Bond proceeds will be secured with revenues from the films.  More...

William D. Friedman will begin his new duties June 1 as president and CEO of the Cleveland-Cuyahoga County Port Authority. The Port Authority’s board of directors today unanimously approved the hiring of Friedman, who has spent more than 20 years in portrelated leadership roles.

“I look forward to the challenge and I look forward to making the port more efficient and more effective,” Friedman said. “I will work hard to learn quickly and then pursue sound solutions to the port’s most pressing issues. I promise the community that you will get full energy from me and my staff. And I thank the board for this great opportunity.”   More...

Three finalists have emerged for consideration as the next president and CEO of the Cleveland-Cuyahoga County Port Authority.

The process to hire the Port Authority's top administrator has attracted national interest from an impressive array of applicants. More...

The Cleveland-Cuyahoga County Port Authority renews and restructures major maritime tenant leases, preserving jobs.  More...

The Cleveland-Cuyahoga County Port Authority board of directors today voted to reduce their office lease expense by up to $173,000 over the next four years.

The Port Authority negotiated an agreement to sublease 4,320 square feet of office space – nearly 29 percent of its current office size – to a law firm. In early 2009, the Port Authority leased this portion of office space to support plans at that time for staff expansion.  More...

Mark your calendars – the Tall Ships are sailing back to Cleveland.  The Cleveland-Cuyahoga County Port Authority, working with the Rotary Club of Cleveland, is helping to bring the Tall Ships Festival back to Cleveland.

The Festival, scheduled from July 7-11, is back after a four-year hiatus and is expected to attract as many 150,000 visitors to the port to view the tall-masted vessels. Festival-goers will be permitted to board the ships. The popular Tall Ships event has a project economic impact of up to $20 million for the city.  More...
 

NEW YORK, Jan 6 (Reuters) - U.S. municipal and state governments, despite facing their own cash shortfall, are finding ways to help local property developers navigate the current downturn, in some cases rescuing projects that would otherwise fall victim to the credit crunch.  More...  

The Cleveland-Cuyahoga County Port Authority today landed a major step toward implementing a new lakefront development plan that promotes access to Cleveland’s lakefront, recreation and leisure-time activities, economic development and new waterfront communities.  More...

Master Planning & Development Planning for the Cleveland-Cuyahoga County Port Authority.  Read more...

The Cleveland-Cuyahoga County Port Authority announced today that it has named Peter Raskind as Interim President & CEO, effective immediately.  More...

The Cleveland-Cuyahoga County Port Authority announced today that it has been awarded Green Marine certification for voluntarily evaluating their performance on six key environmental issues for the past year, including reducing air emissions, minimizing cargo residues, decreasing oily water and controlling invasive species.  Read more...

On Wednesday, July 15, 2009, Mayor Frank G. Jackson will lead a delegation to Halifax, Nova Scotia to discuss collaboration between the Cleveland Port Authority and the Port of Halifax.  The Port Authority is an important component to Mayor Jackson's overall strategy for developing and cultivating economic development opportunities in the global marketplace for Cleveland and Northeast Ohio.  The delegation will meet with several Halifax government and port officials.  Read more...

The Cleveland-Cuyahoga County Port Authority (Port) is pleased to announce a civic engagement partnership with the Cleveland Leadership Center (CLC). This partnership will encourage alumni of CLC programs to get involved with the port’s efforts to transform Cleveland’s downtown waterfront and grow jobs.  Read more...