Sherwin-Williams to build new headquarters and R&D centre
The Sherwin-Williams Company has announced it is finalising plans to build a new global headquarters in downtown Cleveland and a new R&D centre in the Cleveland suburb of Brecksville.
By all accounts, the plans follow an extensive competitive site selection process and are contingent upon completion of standard due diligence, approvals of incentives and other matters at the state, county and city levels and resolution of business and legal matters that accompany such major real estate investment projects.
“Our plans to continue investing in Cleveland and North East Ohio build on our 154-year legacy as one of the region’s top employers and drivers of economic activity,” says Sherwin-Williams Chairman and Chief Executive Officer, John G Morikis. “We currently operate out of a 90-year-old headquarters building that has served us well but is no longer conducive to meeting our future needs.”
The two facilities would house more than 3500 employees
The planned new global headquarters would be in downtown Cleveland just west of Public Square between Saint Clair Avenue and Superior Avenue and would be approximately 1,000,000-square-feet in size. The planned new R&D centre would be in Brecksville and would be approximately 500,000-square-feet in size. Combined, the two facilities would house more than 3500 employees.
