2025 was a milestone year for Greater Cleveland, powered by big wins, bold investments and growing confidence that our region is on the rise.  

Our businesses scaled boldly, with Ohio earning a Top 5 national ranking and Cleveland companies landing on Forbes’ lists of the country’s best employers. Innovation surged as global brands chose Cleveland for headquarters and major expansions, and transformational projects began, from NASA’s lunar power news to the Cleveland Clinic’s billion-dollar campus growth. Startups secured major funding and Cleveland became a top destination for grads. Across our neighborhoods, new developments, cultural attractions and global sporting events took shape. 

Together, these achievements tell a powerful story: Cleveland is not just moving forward: we are accelerating into a new era of possibility.

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2025 Year In Review Headline Roundup

Dynamic Businesses 


Ohio in Top 5 in CNBC’s best states for business
 

22 Cleveland firms named among Forbes’ best employers 

Sherwin-Williams unites 4,000+ at new downtown and Brecksville hubs 

NASA taps Cleveland to develop nuclear power for Moon and Mars missions 

Cleveland Clinic advances $1B+ projects, including Neurological Institute and Innovation District skyway 

Canon Healthcare USA chooses Cleveland for new HQ 

Four Cleveland healthcare startups secure $100M+ funding 

Splash Financial raises $70M round 

OHIO Fund raises $238M to fund ventures 

Parker HannifinEaton expand through EV and energy acquisitions  

Park Place opens new HQ, grows to 3,000+ employees 

Flexjet nears $4.5B in revenue and expands Cleveland HQ and fleet 

Great Day tops $1.6B, plans to add 1,000 jobs 

LayerZero enters  $1B  deal, plans to add 535 jobs 

Lorain County mega site lands $67M in state funding 

Greater Cleveland Industrial Construction at 25-year High 

141 entrepreneurs applied for Cleveland Chain Reaction season 8 

On the Rise wins Top 10 award in the Global Baking Olympics 

Abundant Talent 


WSJ names Cleveland top 20 region for grads
 

CBS: A top 10 city for new graduates 

Monster.com ranks Cleveland among nation’s fastest-growing job markets 

Cleveland Talent Alliance launches platform to connect job-seekers and employers; more grads launching their careers in Cleveland 

Summer in the Land unites 1,800+ interns to showcase Cleveland’s opportunities 

More than 43,000 in region earn credentials through TechCred 

Community colleges see growth;  four-year college and university enrollment stable  

Inclusive Opportunity 


MAP Lab completes 4 transactions worth $33.5M
 

Partners commit to regional agenda to tackle disparities in Greater Cleveland 

Community benefits deal delivers $100M+ in contracts to minority and small businesses 

CLE-EDI graduates new cohort of emerging developers 

Built Environment Collaborative opens doors to trades careers 

Cleveland Hopkins selects three firms for $1.6B terminal project; industry fair attracts 600+ businesses 

CentroVilla25 opens as new neighborhood hub 

Welcome Week includes new citizenship ceremony from 30+ countries 

Cleveland selected to host the 2030 Special Olympics USA Games 

Appealing Community 


Cleveland among America’s hottest housing markets 
 

Cleveland on the 2025 world’s best cities list  

Cleveland tops U.S. for Gen-Z homebuyers  

Third fastest in U.S. home-price growth  

Cleveland is one of America’s most affordable regions 

Cuyahoga Valley National Park named a top 2025 destination  

Rock Hall named one of best museums in the U.S.  

Cleveland named a must-visit city for art lovers 

“Superman” grosses $600M+, boosts Cleveland's film industry 

Cleveland Guardians unveil $200M+ ballpark transformation, draw 2M+ fans 

Cleveland awarded WNBA’s 16th franchise, with 2028 tipoff 

Bedrock brings Cosm Entertainment venue to Gateway District in 2027 

Cleveland sees surge in apartment and mixed-use developments, including $200M Erieview Tower and $120M Rose Building 

89th Rising debuts as Fairfax’s first modern market-rate rental development 

Cavaliers top off 210,000-sf Global Peak Performance Center as part of $3.5B riverfront plan 

CLE takes off with new nonstop flights to Dublin, Boston, Nashville and Montreal 

West Side Market $53M transformation underway with $28M investment from CDA 

Scranton Peninsula riverfront neighborhood opens  

Natural History Museum wins global design award for $150M transformation 

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