CLEVELAND — Sherwin-Williams is poised to present a concept proposal for its Cleveland Global Headquarters to city leaders later this month.
In a 39-page proposal entitled "Building Our Future" that was released on Thursday, Sherwin-Williams envisions its headquarters in three parts: office tower, pavilion, and parking garage.
The new facility will be approximately 1 million square feet in size and located just west of Public Square between Saint Clair Avenue and Superior Avenue. Planners envision that the campus will both update the look of Public Square and the neighboring Warehouse District, while eliminating several longterm parking lots.
The 36-story Headquarters Tower would become one of the tallest buildings in downtown Cleveland. The parking garage would feature approximately 920 spaces with four levels above grade and one basement level, while the pavilion would be the point of visitor entry and would feature Sherwin-Williams' Center of Excellence and a place for learning and development.
The proposal states that there is also room for future development for other buildings at the campus site.
Sherwin-Williams plans to invest more than $300 million to build its new headquarters that will house more than 3,100 employees. The City of Cleveland estimates that when the buildings are completed and occupied, the Cleveland Metropolitan School District schools will receive approximately $4 million in additional annual revenue from Sherwin-Williams.
The state of Ohio's Controlling Board approved loans totaling $70 million for Sherwin-Williams, while Cleveland City Council voted in March of 2020 to approve a proposal that would allow the city to provide an incentive package for the new Sherwin-Williams headquarters that includes tax breaks and construction grants.
The Cleveland City Planning Commission will hold several joint meetings featuring the Landmarks Commission, Cleveland City Planning Commission, Downtown Flats Design Review Committee and Historic Downtown Cleveland Design Review Committee to review Sherwin-Williams' plans for its global headquarters.
A concept presentation will take place on Tuesday, July 20 at 9 a.m. A schematic presentation is set for September 14, with a final presentation scheduled for Tuesday, November 30 at 2 p.m.
Sherwin-Williams expects to break ground for its global headquarters no later than the fourth quarter of this year. The transition to the new facility is expected to occur by the end of 2024.
The company is also planning on submitting a design proposal to the city of Brecksville for its proposed new research and development center sometime in the near future. The new Brecksville R&D center will be constructed off I-77 at Miller and Brecksville Roads. It will be 500,000 square feet. The goal is to also break ground in Brecksville by the end of this year with completion set for the end of 2024.
More Sherwin-Williams Coverage:
- Sherwin-Williams reveals site plans for new global headquarters in Cleveland and Brecksville R&D center
- Sherwin-Williams to receive $70 million in state loans to construct new global headquarters in Cleveland, new Brecksville research facility
- Sherwin-Williams updates timeline in completing new Cleveland headquarters amid COVID-19