At a recent community meeting for Launch Lorain, a grassroots planning process to plot the future of that street, Ohio City advocates eager to push W. 25th Street's development onto gritty Lorain gave a cry akin to Westward Ho!
Yet they were met with beleaguered skepticism by residents and business owners who believe more attention should be paid to basic safety and city services. Other attendees expressed the viewpoint that attracting residents and businesses to the area would create an engaged constituency that demands more from the city.
“When my building got broken into, the police came and told me this is what I get for living in this neighborhood,” said David Ellison, an architect who is rehabilitating a building at W. 41st and Lorain. “Before we look at adding fancy crosswalks, the city needs to fix the basic things such as potholes and crime."
"The best thing that we can do to create a safer Lorain is to get people there for the right reasons," countered Eric Wobser, Director of Ohio City Inc.
Planners believe they can breathe new life into Lorain by improving its streetscape, targeting empty buildings for redevelopment, and creating new housing. The street has the right retail fabric to become the community's main street and spur redevelopment south of Lorain, they argue.
"If you want to live on W. 25th Street, get in line," said Ward 3 Councilman Joe Cimperman. "We need to pull the energy of W. 25th Street up Lorain."
The three-day planning process included meetings with stakeholders and businesses, a group walk through the neighborhood at night and a chili cook-off at Palookaville Chili, one of a handful of new businesses that recently moved into the area. Now that the initial process is complete, planners will continue to gather input as they prepare a new strategic plan for the area.
Sources: David Ellison, Eric Wobser, Joe Cimperman
Writer: Lee Chilcote
Yet they were met with beleaguered skepticism by residents and business owners who believe more attention should be paid to basic safety and city services. Other attendees expressed the viewpoint that attracting residents and businesses to the area would create an engaged constituency that demands more from the city.
“When my building got broken into, the police came and told me this is what I get for living in this neighborhood,” said David Ellison, an architect who is rehabilitating a building at W. 41st and Lorain. “Before we look at adding fancy crosswalks, the city needs to fix the basic things such as potholes and crime."
"The best thing that we can do to create a safer Lorain is to get people there for the right reasons," countered Eric Wobser, Director of Ohio City Inc.
Planners believe they can breathe new life into Lorain by improving its streetscape, targeting empty buildings for redevelopment, and creating new housing. The street has the right retail fabric to become the community's main street and spur redevelopment south of Lorain, they argue.
"If you want to live on W. 25th Street, get in line," said Ward 3 Councilman Joe Cimperman. "We need to pull the energy of W. 25th Street up Lorain."
The three-day planning process included meetings with stakeholders and businesses, a group walk through the neighborhood at night and a chili cook-off at Palookaville Chili, one of a handful of new businesses that recently moved into the area. Now that the initial process is complete, planners will continue to gather input as they prepare a new strategic plan for the area.
Sources: David Ellison, Eric Wobser, Joe Cimperman
Writer: Lee Chilcote
Supporters of the late, great comic book writer Harvey Pekar are trying to raise $30,000 to create a fittingly iconoclastic memorial to his life and work at the Cleveland Heights-University Heights main library. The bronze sculpture will serve as a living monument to the power of comics to transform everyday life into art.
In the planned sculpture, the cantankerous, working-class hero steps out of one of his own comic book pages. Beneath is a desk where individuals can thumb through one of Pekar's favorite books or, perhaps, pen their own masterpiece. On the back there's a blank slate where budding auteurs can sketch comics or tributes to Pekar.
"This is a statue about making comics," says Joyce Brabner, Pekar's wife and kindred spirit, in a video that was created for the project's Kickstarter fundaising campaign. "What we're talking about is celebrating the comics rather than his celebrity. No other statues have Greek or Roman gods holding an autobiographical comic book about working class life in Cleveland -- or a comic book at all."
Ironically, contrasting Pekar's portrait with the stately busts one might find in a museum, Brabner has dubbed it "Cleveland's ancient Jewish god of file clerks."
Justin Coulter, a sculptor and bartender who designed the memorial, says he can easily identify with the perennially struggling artist. "He was an everyday man who had to work to support his art, and I am definitely doing the same thing."
Source: Joyce Brabner, Justin Coulter
Writer: Lee Chilcote
In the planned sculpture, the cantankerous, working-class hero steps out of one of his own comic book pages. Beneath is a desk where individuals can thumb through one of Pekar's favorite books or, perhaps, pen their own masterpiece. On the back there's a blank slate where budding auteurs can sketch comics or tributes to Pekar.
"This is a statue about making comics," says Joyce Brabner, Pekar's wife and kindred spirit, in a video that was created for the project's Kickstarter fundaising campaign. "What we're talking about is celebrating the comics rather than his celebrity. No other statues have Greek or Roman gods holding an autobiographical comic book about working class life in Cleveland -- or a comic book at all."
Ironically, contrasting Pekar's portrait with the stately busts one might find in a museum, Brabner has dubbed it "Cleveland's ancient Jewish god of file clerks."
Justin Coulter, a sculptor and bartender who designed the memorial, says he can easily identify with the perennially struggling artist. "He was an everyday man who had to work to support his art, and I am definitely doing the same thing."
Source: Joyce Brabner, Justin Coulter
Writer: Lee Chilcote
It wasn't long ago that you couldn't touch a new home in Shaker Heights for less than $300k. That is, if you could find one; in those bygone days, new single-families and condos in this historic, built-out community were scarce, and so was buildable land.
Enter the housing crisis and 2008 recession. Since the dawn of these twin apocalypses, the City of Shaker Heights, which has a reputation for being proactive about the upkeep of its housing stock, has acquired dozens of buildable lots. The city began placing these lots, which came into their hands when empty, foreclosed homes suffered the wrecking ball, into their land bank several years ago.
Now, as Cleveland's post-crash housing market gradually emerges from its stupor, one urban-savvy home builder is working with the city to build new, moderately-priced, green homes on three of its vacant lots.
"We're building Shaker-quality homes on the city's empty lots," says Joe Del Re, Project Manager with Zaremba Homes, a company that has been building homes in Cleveland and inner ring suburbs for 20 years. "They'll have hardi-plank and scalloped siding and other details that fit in with the surrounding community."
The new homes, which will be located on Strathavon Road in the Ludlow neighborhood, will be reasonably priced at $150,000 thanks to a grant from the county's Neighborhood Stabilization Program (NSP). Del Re says the program has made it possible for Zaremba to break ground on the spec homes.
The new, 1,600-square-foot homes will also feature three bedrooms, two and a half baths and green, energy-efficient amenities. Qualified buyers within income guidelines can also obtain a 20 percent, forgivable second mortgage.
Source: Joe Del Re
Writer: Lee Chilcote
Enter the housing crisis and 2008 recession. Since the dawn of these twin apocalypses, the City of Shaker Heights, which has a reputation for being proactive about the upkeep of its housing stock, has acquired dozens of buildable lots. The city began placing these lots, which came into their hands when empty, foreclosed homes suffered the wrecking ball, into their land bank several years ago.
Now, as Cleveland's post-crash housing market gradually emerges from its stupor, one urban-savvy home builder is working with the city to build new, moderately-priced, green homes on three of its vacant lots.
"We're building Shaker-quality homes on the city's empty lots," says Joe Del Re, Project Manager with Zaremba Homes, a company that has been building homes in Cleveland and inner ring suburbs for 20 years. "They'll have hardi-plank and scalloped siding and other details that fit in with the surrounding community."
The new homes, which will be located on Strathavon Road in the Ludlow neighborhood, will be reasonably priced at $150,000 thanks to a grant from the county's Neighborhood Stabilization Program (NSP). Del Re says the program has made it possible for Zaremba to break ground on the spec homes.
The new, 1,600-square-foot homes will also feature three bedrooms, two and a half baths and green, energy-efficient amenities. Qualified buyers within income guidelines can also obtain a 20 percent, forgivable second mortgage.
Source: Joe Del Re
Writer: Lee Chilcote
What is most unusual about Trailside at Morgana Run, a new development of 100-plus new homes in the Slavic Village neighborhood of Cleveland, is not simply that it is a rare example of speculative housing development in today’s morbid real estate market.
No, what seems even more unique is that Third Federal Bank, whose headquarters is located adjacent to the site, is actually the developer of the project. Typically, banks do not take an active role in development.
“Third Federal has historically been all about homeownership,” says Joe Del Re of Zaremba Homes, the urban homebuilder that has been hired to oversee construction. “What better statement could they possibly make to the community than to not only put their headquarters here, but also to build homes?”
Trailside features new, single-family homes that are priced from $135,000 to $150,000. The 2- to 3-bedroom units are highly energy-efficient and have access to green space filled with native plantings. Morgana Run, a trail that weaves through Slavic Village and connects to Mill Creek Reservation, runs by the site.
Del Re says the project might appeal to young professionals as well as older homebuyers seeking to downsize from larger neighborhood homes. The units feature a first-floor bedroom option, yards and detached two-car garages.
Zaremba, Third Federal and Slavic Village Development worked together for more than five years to acquire and redevelop the project site, which was an environmentally contaminated brownfield until it was cleaned up a few years ago.
Del Re says that Third Federal is taking on the project because of its commitment to Slavic Village and because the site is literally located in its backyard.
Source: Joe Del Re
Writer: Lee Chilcote
No, what seems even more unique is that Third Federal Bank, whose headquarters is located adjacent to the site, is actually the developer of the project. Typically, banks do not take an active role in development.
“Third Federal has historically been all about homeownership,” says Joe Del Re of Zaremba Homes, the urban homebuilder that has been hired to oversee construction. “What better statement could they possibly make to the community than to not only put their headquarters here, but also to build homes?”
Trailside features new, single-family homes that are priced from $135,000 to $150,000. The 2- to 3-bedroom units are highly energy-efficient and have access to green space filled with native plantings. Morgana Run, a trail that weaves through Slavic Village and connects to Mill Creek Reservation, runs by the site.
Del Re says the project might appeal to young professionals as well as older homebuyers seeking to downsize from larger neighborhood homes. The units feature a first-floor bedroom option, yards and detached two-car garages.
Zaremba, Third Federal and Slavic Village Development worked together for more than five years to acquire and redevelop the project site, which was an environmentally contaminated brownfield until it was cleaned up a few years ago.
Del Re says that Third Federal is taking on the project because of its commitment to Slavic Village and because the site is literally located in its backyard.
Source: Joe Del Re
Writer: Lee Chilcote
The behemothic stone mansion that looms over Franklin Boulevard in Ohio City looks like the perfect spot to film a horror movie -- though some say the frightening events rumored to have taken place here a century ago are even stranger than fiction.
Franklin Castle was built in 1865 by Hannes Tiedemann, a German immigrant. After several of his children died -- some of unknown causes -- he reportedly built gargoyles, turrets and a huge, fourth-floor ballroom to distract his wife from her grief. Ever since, rumors have abounded about strange, illicit activities that may have taken place in the house, as well as ghosts that might occupy it.
Yet, the Castle's new owner was evidently not spooked by its reputation as the most haunted house in Ohio -- nor by its fire-damaged interior and squatting caretaker. She plunked down $260,000 for it after receiving approval from the City of Cleveland to rezone it into a three-family property. She told city officials she plans to renovate the entire property, live in one unit and rent the other two.
Michele Anderson, a realtor with Progressive Urban Real Estate (PURE), says that when her media-shy client first contacted her, she thought it was a put on. "This woman said she was from Italy and wanted to buy a house in Cleveland, and I thought, Yeah, right," she says. "Then I realized she was the real deal."
The buyer's seemingly genuine plans to renovate the property and live there have put neighbors somewhat at ease. The property has changed hands several times since the 1980s, but renovations were never completed. Ever since a tragic fire scarred the interior in 1999, the fate of Franklin Castle has been sitting in limbo.
Now that the landmark property is in the hands of a new caretaker, neighbors hope she'll be able to evict the ghosts that have reputedly squatted here -- rent-free -- for over a century. If nothing else, she'll be able to host some killer parties.
Source: Michele Anderson
Writer: Lee Chilcote
Franklin Castle was built in 1865 by Hannes Tiedemann, a German immigrant. After several of his children died -- some of unknown causes -- he reportedly built gargoyles, turrets and a huge, fourth-floor ballroom to distract his wife from her grief. Ever since, rumors have abounded about strange, illicit activities that may have taken place in the house, as well as ghosts that might occupy it.
Yet, the Castle's new owner was evidently not spooked by its reputation as the most haunted house in Ohio -- nor by its fire-damaged interior and squatting caretaker. She plunked down $260,000 for it after receiving approval from the City of Cleveland to rezone it into a three-family property. She told city officials she plans to renovate the entire property, live in one unit and rent the other two.
Michele Anderson, a realtor with Progressive Urban Real Estate (PURE), says that when her media-shy client first contacted her, she thought it was a put on. "This woman said she was from Italy and wanted to buy a house in Cleveland, and I thought, Yeah, right," she says. "Then I realized she was the real deal."
The buyer's seemingly genuine plans to renovate the property and live there have put neighbors somewhat at ease. The property has changed hands several times since the 1980s, but renovations were never completed. Ever since a tragic fire scarred the interior in 1999, the fate of Franklin Castle has been sitting in limbo.
Now that the landmark property is in the hands of a new caretaker, neighbors hope she'll be able to evict the ghosts that have reputedly squatted here -- rent-free -- for over a century. If nothing else, she'll be able to host some killer parties.
Source: Michele Anderson
Writer: Lee Chilcote
The City of East Cleveland, a community that has lost thousands of residents in recent years due to the foreclosure crisis and decades of disinvestment, has celebrated two groundbreakings in as many months, suggesting that the city's new pro-development approach may be working.
Officials from the city, Cuyahoga Metropolitan Housing Authority (CMHA), the Cuyahoga Land Bank and Ohio Capital Corporation for Housing this week celebrated the groundbreaking of a new 39-unit senior apartment building. It is being built on a patch of vacant land at Euclid Avenue and Belmore Road.
Last month, East Cleveland leaders were on hand to give speeches at the groundbreaking for the Circle East Townhomes, a cluster of market-rate apartments on Euclid being developed by the Finch Group.
"We really encourage building in the City of East Cleveland," Mayor Gary Norton said at the groundbreaking ceremony for the senior building. "This project will give the senior citizens in our community a high-quality place to live." The small, enthusiastic crowd, who appeared as hungry for new development as the mayor, all but said "Amen!" each time Norton paused during his speech.
Mayor Norton has been called an effective new leader for this once-prosperous suburb. The Circle East Townhomes project has also been hailed as a rare instance of University Circle's development fervor spreading into East Cleveland. Yet while these two groundbreakings are no doubt worth celebrating, the rows of blighted properties along Euclid suggest the mammoth task that still lies ahead.
CMHA is building the Euclid-Belmore Senior Building with the aid of Neighborhood Stabilization Program funding. It will be built using Enterprise Green Standards to ensure that it is comfortable, energy-efficient and environmentally friendly.
Source: CMHA, Gary Norton
Writer: Lee Chilcote
Officials from the city, Cuyahoga Metropolitan Housing Authority (CMHA), the Cuyahoga Land Bank and Ohio Capital Corporation for Housing this week celebrated the groundbreaking of a new 39-unit senior apartment building. It is being built on a patch of vacant land at Euclid Avenue and Belmore Road.
Last month, East Cleveland leaders were on hand to give speeches at the groundbreaking for the Circle East Townhomes, a cluster of market-rate apartments on Euclid being developed by the Finch Group.
"We really encourage building in the City of East Cleveland," Mayor Gary Norton said at the groundbreaking ceremony for the senior building. "This project will give the senior citizens in our community a high-quality place to live." The small, enthusiastic crowd, who appeared as hungry for new development as the mayor, all but said "Amen!" each time Norton paused during his speech.
Mayor Norton has been called an effective new leader for this once-prosperous suburb. The Circle East Townhomes project has also been hailed as a rare instance of University Circle's development fervor spreading into East Cleveland. Yet while these two groundbreakings are no doubt worth celebrating, the rows of blighted properties along Euclid suggest the mammoth task that still lies ahead.
CMHA is building the Euclid-Belmore Senior Building with the aid of Neighborhood Stabilization Program funding. It will be built using Enterprise Green Standards to ensure that it is comfortable, energy-efficient and environmentally friendly.
Source: CMHA, Gary Norton
Writer: Lee Chilcote
Luther Heggs has been a roadie, sound engineer and lighting technician for rock and roll bands from the juke joints of Nashville to the splashy clubs of Las Vegas. He also had stints as an on-air personality for local radio stations. Yet when his kids were born, he switched to wiring studios as his way of earning a living. Still, he often longed for the excitement and drama of the rock and roll shows of his younger years.
That's why he created the Heggs House of Horror. For 15 years, Heggs has transformed the yard of his Old Brooklyn bungalow into a delightful, homemade scare-fest that is a tribute both to rock and roll and the Halloweens of his youth.
"He loves to put on a show, and this became an outlet," says Luanne Bole-Becker, a local filmmaker and personal friend who is creating a documentary about the so-called Master of Scare-a-Monies. "He builds these characters in his yard from all kinds of stuff, whether it's oscillating fans or stuff he finds at garage sales."
The Heggs House of Horror began modestly with a paper mache witch and a giant spider web. Today, the entire yard, driveway and side yard of the house are filled with an artful, ghoulish display that attracts thousands of visitors from Northeast Ohio and beyond each year. Some of the characters include Gene Simmons of Kiss, Freddy Krueger and classics from Heggs' childhood such as Ghoulardi.
"It's become sort of like a block party with a Halloween twist," says Bole-Becker. "Other families get together at Christmas, but his family hangs out at Halloween. Now there are other people on the street decorating their houses, too."
Ultimately, Bole-Becker says that the Heggs House of Horror is not intended to compete with more commercial fare -- Heggs spends his own money on the display and doesn't charge admission. It's designed to bring people together.
"For baby boomers like me, it reminds us of the Halloween of my childhood, when the neighborhood became magical," says Bole-Becker. "It sort of feels that way. This really plain bungalow all of a sudden becomes this odd wonderland."
Source: Luanne Bole-Becker
Writer: Lee Chilcote
That's why he created the Heggs House of Horror. For 15 years, Heggs has transformed the yard of his Old Brooklyn bungalow into a delightful, homemade scare-fest that is a tribute both to rock and roll and the Halloweens of his youth.
"He loves to put on a show, and this became an outlet," says Luanne Bole-Becker, a local filmmaker and personal friend who is creating a documentary about the so-called Master of Scare-a-Monies. "He builds these characters in his yard from all kinds of stuff, whether it's oscillating fans or stuff he finds at garage sales."
The Heggs House of Horror began modestly with a paper mache witch and a giant spider web. Today, the entire yard, driveway and side yard of the house are filled with an artful, ghoulish display that attracts thousands of visitors from Northeast Ohio and beyond each year. Some of the characters include Gene Simmons of Kiss, Freddy Krueger and classics from Heggs' childhood such as Ghoulardi.
"It's become sort of like a block party with a Halloween twist," says Bole-Becker. "Other families get together at Christmas, but his family hangs out at Halloween. Now there are other people on the street decorating their houses, too."
Ultimately, Bole-Becker says that the Heggs House of Horror is not intended to compete with more commercial fare -- Heggs spends his own money on the display and doesn't charge admission. It's designed to bring people together.
"For baby boomers like me, it reminds us of the Halloween of my childhood, when the neighborhood became magical," says Bole-Becker. "It sort of feels that way. This really plain bungalow all of a sudden becomes this odd wonderland."
Source: Luanne Bole-Becker
Writer: Lee Chilcote
Cities, suburbs and neighborhoods alike often have slick promotional materials that advertise yearned-for amenities such as good schools, low taxes, desirable homes and nearby shopping. What they choose to include offers a glimpse into what the community values. Yet very few of them can boast a giant, colorful wall of books that frames the entranceway to their community.
The Larchmere-Shaker Square neighborhood of Cleveland would be the one exception. To enshrine the east side community's love of books and recognize its rich diversity, local artist Gene Epstein has installed a 74-foot-wide mural of a virtual bookshelf on the side of Loganberry Books, an independent bookstore that has been a mainstay of the eclectic business district since the mid-1990s.
The vividly depicted book spines include "Some Things that Stay" by local novelist Sarah Willis; "The Life and Death of Great American Cities" by oft-cited urban planner Jane Jacobs; and a book about barbering, which was chosen to reflect the growing number of barber shops in the immediate area. Epstein painstakingly photographed each title, then installed the highly visible mural on the east-facing wall of Loganberry.
"The criteria we had was that the books should be 25 percent children's literature, 25 percent related to the Larchmere community, 25 percent representing the businesses, and 25 percent about Cleveland," explains Epstein.
The books were nominated by community members and culled by a committee of residents and shop owners to reflect the area's true diversity. After the mural was printed on vinyl-coated polyester and mounted on sections of plywood, Epstein spent about two weeks installing it in 12-foot-tall sections, much to the wonderment of passers-by and employees of nearby businesses.
Now that it is finally complete, Larchmere-Shaker Square has a work of public art that celebrates what it has already become known for: art and community.
Source: Gene Epstein
Writer: Lee Chilcote
The Larchmere-Shaker Square neighborhood of Cleveland would be the one exception. To enshrine the east side community's love of books and recognize its rich diversity, local artist Gene Epstein has installed a 74-foot-wide mural of a virtual bookshelf on the side of Loganberry Books, an independent bookstore that has been a mainstay of the eclectic business district since the mid-1990s.
The vividly depicted book spines include "Some Things that Stay" by local novelist Sarah Willis; "The Life and Death of Great American Cities" by oft-cited urban planner Jane Jacobs; and a book about barbering, which was chosen to reflect the growing number of barber shops in the immediate area. Epstein painstakingly photographed each title, then installed the highly visible mural on the east-facing wall of Loganberry.
"The criteria we had was that the books should be 25 percent children's literature, 25 percent related to the Larchmere community, 25 percent representing the businesses, and 25 percent about Cleveland," explains Epstein.
The books were nominated by community members and culled by a committee of residents and shop owners to reflect the area's true diversity. After the mural was printed on vinyl-coated polyester and mounted on sections of plywood, Epstein spent about two weeks installing it in 12-foot-tall sections, much to the wonderment of passers-by and employees of nearby businesses.
Now that it is finally complete, Larchmere-Shaker Square has a work of public art that celebrates what it has already become known for: art and community.
Source: Gene Epstein
Writer: Lee Chilcote
The I-X Center has launched plans to invest $25 to $30 million in renovations that will enhance its ability to host consumer mega-shows such as the Fabulous Food Show and International Beer Fest. Planned improvements include upgrading food and restroom facilities, adding a third lane to the main access road, and expanding the paved parking areas.
“Our goal is to grow attendance and become even more of a destination venue,” Robert Peterson, President of the I-X Center, said in a release. Peterson noted that the I-X Center has invested more than $75 million over the years.
The I-X Center, which was originally built as a B-29 Bomber plant and later became a tank plant, has become increasingly active in producing its own shows. One example is the Food Show, which draws visitors from as far as New York and Florida to see nationally renowned chefs, including Cleveland's own Michael Symon.
Other successful new shows include the International Beer Fest, Trick or Treat Street, and the Great Big Home and Garden Expo, which returns in February.
The construction of the Medical Mart and Convention Center in downtown Cleveland will only add to the region's ability to draw visitors and generate exciting events, Peterson said. The two facilities serve different market niches.
The I-X Center is one of the largest trade show and exhibition centers in the country, and employs nearly 1,000 people for its shows and events.
Source: Robert Peterson
Writer: Lee Chilcote
“Our goal is to grow attendance and become even more of a destination venue,” Robert Peterson, President of the I-X Center, said in a release. Peterson noted that the I-X Center has invested more than $75 million over the years.
The I-X Center, which was originally built as a B-29 Bomber plant and later became a tank plant, has become increasingly active in producing its own shows. One example is the Food Show, which draws visitors from as far as New York and Florida to see nationally renowned chefs, including Cleveland's own Michael Symon.
Other successful new shows include the International Beer Fest, Trick or Treat Street, and the Great Big Home and Garden Expo, which returns in February.
The construction of the Medical Mart and Convention Center in downtown Cleveland will only add to the region's ability to draw visitors and generate exciting events, Peterson said. The two facilities serve different market niches.
The I-X Center is one of the largest trade show and exhibition centers in the country, and employs nearly 1,000 people for its shows and events.
Source: Robert Peterson
Writer: Lee Chilcote
The developer of a fast-growing entrepreneurial village on the eastern edge of downtown is planning a $9-12 million investment that would add nearly 160,000 square feet of office space. Michelle Asher of Graystone Properties, which owns the mammoth Tyler Village complex at East 36th and Superior, says that regional growth in the biotechnology, software development, multimedia design and film industries prompted the bullish move to ready new space for additional tenants.
"We have an eclectic mix of tenants, and we draw creative people," says Asher. "We're somewhere between downtown and a suburban office park, and we have amenities such as a fitness center, Wi-Fi, coffee shop and plenty of parking."
To facilitate the build-out, which Asher hopes to complete within the next 18 to 24 months, Graystone is working with the City of Cleveland to apply for a $4 million state Job Ready Sites grant. The city is also considering providing $700,000 in low-interest loans, $180,000 of which can be forgiven if requirements are met.
"The space we have now is not in move-in condition, and the Job Ready Sites grant will help us to develop more tenant-ready space," says Asher.
Graystone plans to demolish the interior of what is known as Building 42 at Tyler Village, replace its existing windows and build out contemporary, loft office space. The company aims for the project to meet the highest green building standards, a mandate of the Job Ready Sites grant program of the State of Ohio.
Tyler Village was originally home to the W. S. Tyler Company, which built elevator cabs in the sprawling, one-million-square-foot complex. Graystone purchased the property in 2005 and has since demolished older buildings that could not be refurbished and renovated other buildings into market-rate office space.
Source: Michelle Asher
Writer: Lee Chilcote
"We have an eclectic mix of tenants, and we draw creative people," says Asher. "We're somewhere between downtown and a suburban office park, and we have amenities such as a fitness center, Wi-Fi, coffee shop and plenty of parking."
To facilitate the build-out, which Asher hopes to complete within the next 18 to 24 months, Graystone is working with the City of Cleveland to apply for a $4 million state Job Ready Sites grant. The city is also considering providing $700,000 in low-interest loans, $180,000 of which can be forgiven if requirements are met.
"The space we have now is not in move-in condition, and the Job Ready Sites grant will help us to develop more tenant-ready space," says Asher.
Graystone plans to demolish the interior of what is known as Building 42 at Tyler Village, replace its existing windows and build out contemporary, loft office space. The company aims for the project to meet the highest green building standards, a mandate of the Job Ready Sites grant program of the State of Ohio.
Tyler Village was originally home to the W. S. Tyler Company, which built elevator cabs in the sprawling, one-million-square-foot complex. Graystone purchased the property in 2005 and has since demolished older buildings that could not be refurbished and renovated other buildings into market-rate office space.
Source: Michelle Asher
Writer: Lee Chilcote
Concord Music Group, a major independent music label that employs nine marketing staff in Northeast Ohio, recently moved to new offices in Beachwood. The company's new address is right across the street from its old one, yet it offers a few much-needed amenities, including a custom-built mastering studio and extra suites to accommodate future growth.
"Building the studio was quite a mountain to climb, but the landlord was willing to work with us to do the build-out," says Jason Linder of Concord. "It had to be acoustically treated so that the engineer could be sure that what he was hearing was true, and it had to be soundproofed from our offices."
Concord Music Group first came to Cleveland in 2005 after it bought Telarc Records, a company that was founded locally in 1977 as a successful purveyor of jazz, classical, blues and world music. Concord has continued that tradition, and its Cleveland staff market these genres.
Although Concord's local presence has actually shrunk in recent years, Linder remains hopeful about the music industry's future. He says it has seen modest growth this year thanks to new marketing strategies that are reaching tech-savvy consumers and a smaller number of new releases. Concord's new office is a sign that the firm is committed to maintaining a presence in Cleveland.
"Cleveland does not have very many record labels, but it's a very active music town," he says. "If you enjoy live music, there are so many venues and types of shows."
Linder is looking forward to the upcoming Grammy Awards, where he expects Concord artists to snag a few wins. He knows they probably won't top last year, however, when jazz artist Esperanza Spalding won Best New Artist.
"It was a huge deal to have a jazz artist win the award," Linder says. "Especially when she was competing against Justin Bieber."
Source: Jason Linder
Writer: Lee Chilcote
"Building the studio was quite a mountain to climb, but the landlord was willing to work with us to do the build-out," says Jason Linder of Concord. "It had to be acoustically treated so that the engineer could be sure that what he was hearing was true, and it had to be soundproofed from our offices."
Concord Music Group first came to Cleveland in 2005 after it bought Telarc Records, a company that was founded locally in 1977 as a successful purveyor of jazz, classical, blues and world music. Concord has continued that tradition, and its Cleveland staff market these genres.
Although Concord's local presence has actually shrunk in recent years, Linder remains hopeful about the music industry's future. He says it has seen modest growth this year thanks to new marketing strategies that are reaching tech-savvy consumers and a smaller number of new releases. Concord's new office is a sign that the firm is committed to maintaining a presence in Cleveland.
"Cleveland does not have very many record labels, but it's a very active music town," he says. "If you enjoy live music, there are so many venues and types of shows."
Linder is looking forward to the upcoming Grammy Awards, where he expects Concord artists to snag a few wins. He knows they probably won't top last year, however, when jazz artist Esperanza Spalding won Best New Artist.
"It was a huge deal to have a jazz artist win the award," Linder says. "Especially when she was competing against Justin Bieber."
Source: Jason Linder
Writer: Lee Chilcote
What's it take to sell a swank new home in Cleveland these days? It helps if you can offer fresh, contemporary design, a sought-after Tremont address, and a 29-foot-wide great room that's filled with light even on the cloudiest of North Coast days.
At least, that's what David Sharkey, one of the principals of Civic Builders in Tremont, has to say. This year, Sharkey and his partners broke ground on a new three-unit development at West 8th and Starkweather called Tremont Lane. With the first unit now nearly completed, the team is hoping to secure additional contracts and complete the two remaining units next year.
"These units are different from anything else out there, because they have a big, wide great room and lots of windows and light," says Sharkey, who also is president of Progressive Urban Real Estate, the firm selling Tremont Lane. "There's still a market here, because there's a lot of confidence in Tremont."
Tremont remains a strong market for custom and semi-custom home building, he adds. "You look at the national numbers on new construction and they're horrible, but in Tremont, people are still willing to pay a lot of money for rehabbed homes or custom homes," he says. "Custom homebuyers have a different mindset; they're not just out there looking for a house, they're creating it themselves."
The custom home market has a pulse -- albeit a weak one -- in a handful of Cleveland neighborhoods, Sharkey says. These include Tremont, Little Italy and along Lake Erie. Sharkey does not expect the new construction housing market in Cleveland to dramatically improve anytime soon, yet he believes that custom homebuyers will continue to seek out -- and create -- their dream homes.
"There's always a time for those buyers," he says. "They know what they want, and they're willing to pay for it."
The first unit at Tremont Lane is expected to sell for about $250,000, including upgrades. Other custom homes in Tremont have transferred for significantly higher sums, and rumor has it that a contemporary, new home going up at West 11th and University may near the $1 million mark when it is completed.
Source: David Sharkey
Writer: Lee Chilcote
At least, that's what David Sharkey, one of the principals of Civic Builders in Tremont, has to say. This year, Sharkey and his partners broke ground on a new three-unit development at West 8th and Starkweather called Tremont Lane. With the first unit now nearly completed, the team is hoping to secure additional contracts and complete the two remaining units next year.
"These units are different from anything else out there, because they have a big, wide great room and lots of windows and light," says Sharkey, who also is president of Progressive Urban Real Estate, the firm selling Tremont Lane. "There's still a market here, because there's a lot of confidence in Tremont."
Tremont remains a strong market for custom and semi-custom home building, he adds. "You look at the national numbers on new construction and they're horrible, but in Tremont, people are still willing to pay a lot of money for rehabbed homes or custom homes," he says. "Custom homebuyers have a different mindset; they're not just out there looking for a house, they're creating it themselves."
The custom home market has a pulse -- albeit a weak one -- in a handful of Cleveland neighborhoods, Sharkey says. These include Tremont, Little Italy and along Lake Erie. Sharkey does not expect the new construction housing market in Cleveland to dramatically improve anytime soon, yet he believes that custom homebuyers will continue to seek out -- and create -- their dream homes.
"There's always a time for those buyers," he says. "They know what they want, and they're willing to pay for it."
The first unit at Tremont Lane is expected to sell for about $250,000, including upgrades. Other custom homes in Tremont have transferred for significantly higher sums, and rumor has it that a contemporary, new home going up at West 11th and University may near the $1 million mark when it is completed.
Source: David Sharkey
Writer: Lee Chilcote
Jeremy Flack, a steel industry entrepreneur who started his own steel distribution company last year, likes to brag that Flack Steel is the first new steel company to locate in downtown Cleveland in quite a while. Not only did he choose the Warehouse District to locate his fledgling company, he's also a downtown resident.
"People ask, 'Does anyone still make steel in Cleveland?'" Flack says. "The answer is Yes! In fact, the decline of manufacturing jobs in industrial America is really a bit of a fallacy. Right now, there is a trend of 're-shoring' taking place."
Flack Steel doesn't actually make steel or own steel warehouses. Rather, the company uses third-party and contract warehouses to distribute to locations across the U.S., a model that allows it to be flexible and sell to facilities anywhere.
"Using the old model, we had to find a suppler in each market," Flack says. "This model allows us to provide a point of sale when others can't."
Now the one-year-old company, which is headquartered at W. 6th and Lakeside, is going through a growth spurt. Flack just hired a new sales force and is preparing for additional growth. He now employs 16 full-time staffers.
Part of what has made the company successful is the company's investment in technology. "The industry has been woefully behind in understanding technology, and people want information," Flack explains. "We've designed a website that allows people to see the price of steel -- our customers want transparency."
Flack is hoping that he can update Cleveland's reputation as a cradle of old-school manufacturing. He wants it to become known instead as a hub for manufacturing innovation. "There's an opportunity for cities like Cleveland to take advantage of trends and rebuild our manufacturing base using new technologies," he says.
Source: Jeremy Flack
Writer: Lee Chilcote
"People ask, 'Does anyone still make steel in Cleveland?'" Flack says. "The answer is Yes! In fact, the decline of manufacturing jobs in industrial America is really a bit of a fallacy. Right now, there is a trend of 're-shoring' taking place."
Flack Steel doesn't actually make steel or own steel warehouses. Rather, the company uses third-party and contract warehouses to distribute to locations across the U.S., a model that allows it to be flexible and sell to facilities anywhere.
"Using the old model, we had to find a suppler in each market," Flack says. "This model allows us to provide a point of sale when others can't."
Now the one-year-old company, which is headquartered at W. 6th and Lakeside, is going through a growth spurt. Flack just hired a new sales force and is preparing for additional growth. He now employs 16 full-time staffers.
Part of what has made the company successful is the company's investment in technology. "The industry has been woefully behind in understanding technology, and people want information," Flack explains. "We've designed a website that allows people to see the price of steel -- our customers want transparency."
Flack is hoping that he can update Cleveland's reputation as a cradle of old-school manufacturing. He wants it to become known instead as a hub for manufacturing innovation. "There's an opportunity for cities like Cleveland to take advantage of trends and rebuild our manufacturing base using new technologies," he says.
Source: Jeremy Flack
Writer: Lee Chilcote
Vintage maven Cindy Deering has opened a new store that brings her eclectic array of '60s and '70s clothing and accessories to a long-empty storefront on W. 25th Street in Ohio City.
Deering Vintage, which features hardwood floors, marble countertop from its days as a flower shop, and a mezzanine for the in-house seamstress, plugs one of the few remaining retail gaps on the street. Just one year ago, the Gillespie building at Bridge and W. 25th was half-dark. Today, it is filled with a bike shop, Mexican restaurant, custom baseball bat fabricator and, now, vintage shop.
Deering, who hopes to grow roots in her current location -- describing it as her "latest and last" -- reports strong foot traffic since she opened last week. "Ever since people heard that Mitchell's was opening across the street, there's been a positive buzz around here," she says.
Her success stems in part from the fact that vintage has done well in this sour economy, drawing younger and older patrons who prefer to wear gently-used clothing. "We're kind of like the original 'green' of shopping," Deering says.
Despite the popularity of online shopping, Deering says vintage stores are still a draw. "I tried sitting in my house and selling on eBay, but I like being with people," she says. "All of our stuff is one of a kind and very personal."
Now that she's in her new location, Deering says that her loyal customers are seeking her out. "I have some longtime customers whose kids practically grew up with me, and now those kids are adults that shop at my store," she says.
Some of her recent visitors include other Ohio City business owners, who seem happy for her to join the retail mix.
"Some of my neighbors brought a bottle of wine over," she says. "The street has been very welcoming."
Source: Cindy Deering
Writer: Lee Chilcote
Deering Vintage, which features hardwood floors, marble countertop from its days as a flower shop, and a mezzanine for the in-house seamstress, plugs one of the few remaining retail gaps on the street. Just one year ago, the Gillespie building at Bridge and W. 25th was half-dark. Today, it is filled with a bike shop, Mexican restaurant, custom baseball bat fabricator and, now, vintage shop.
Deering, who hopes to grow roots in her current location -- describing it as her "latest and last" -- reports strong foot traffic since she opened last week. "Ever since people heard that Mitchell's was opening across the street, there's been a positive buzz around here," she says.
Her success stems in part from the fact that vintage has done well in this sour economy, drawing younger and older patrons who prefer to wear gently-used clothing. "We're kind of like the original 'green' of shopping," Deering says.
Despite the popularity of online shopping, Deering says vintage stores are still a draw. "I tried sitting in my house and selling on eBay, but I like being with people," she says. "All of our stuff is one of a kind and very personal."
Now that she's in her new location, Deering says that her loyal customers are seeking her out. "I have some longtime customers whose kids practically grew up with me, and now those kids are adults that shop at my store," she says.
Some of her recent visitors include other Ohio City business owners, who seem happy for her to join the retail mix.
"Some of my neighbors brought a bottle of wine over," she says. "The street has been very welcoming."
Source: Cindy Deering
Writer: Lee Chilcote
More than 100 people attended the Flats Forward Waterfront Summit, held this week in downtown Cleveland. Those in attendance learned how cities as far away as Duisburg, Germany, and as close as Pittsburgh, have leveraged their historic waterfronts into magnets for recreation, investment and tourism.
Flats Forward is a one-year-old effort to create a new identity for Cleveland's historic birthplace. Planners are now focused on improving the Flats' infrastructure, transportation linkages and recreational amenities, as well as fostering a better balance between residential, industrial and recreational uses. Additionally, civic leaders hope to leverage $2 billion worth of investment taking place within one mile of the Flats to spur more development.
Following a rousing speech by Councilman Joe Cimperman that likened the Cuyahoga River's rebirth after the infamous fire of 1969 to an ecosystem's resilience following a forest blaze, leaders from Germany, England, Italy and Pennsylvania talked about their successes and the lessons they've learned along the way.
Tony Harvey of British Waterways in Birmingham, England, said that his organization has helped leverage $1 billion of investment in the region's waterway network, which dates back to the Roman era. Those waterways now attract more than 13 million visitors and 35,000 licensed boats per year.
Arne Lorz of Duisburg, Germany, described how her city rebuilt itself during an era of industrial decline by focusing on its crumbling inner harbor and building new homes, a marina, offices, retail and museums.
Roberto Bobbio, Professor of Urban Planning and Landscape Preservation at the University of Genoa, Italy, discussed how his dense Mediterranean city invested in a state-of-the-art aquarium that now is the third most visited spot in Italy.
Finally, Lisa Schroeder of Pittsburgh RiverLife Task Force told the audience that her city successfully has reinvented its industrial, long-empty waterfront into a well-connected civic space. Today, more than 15,000 kayaks are rented each year from under a bridge, and "boat-gating," she added, has replaced "tailgating."
Schroeder also offered a concise analysis of what doubtless was on the minds of many participants: "If you can use private funding to help put redevelopment plans together," she advised, "then it's easier to get politicians to fight for the public infrastructure spending that makes reinvestment possible."
Source: Flats Forward Waterfront Summit
Writer: Lee Chilcote
Flats Forward is a one-year-old effort to create a new identity for Cleveland's historic birthplace. Planners are now focused on improving the Flats' infrastructure, transportation linkages and recreational amenities, as well as fostering a better balance between residential, industrial and recreational uses. Additionally, civic leaders hope to leverage $2 billion worth of investment taking place within one mile of the Flats to spur more development.
Following a rousing speech by Councilman Joe Cimperman that likened the Cuyahoga River's rebirth after the infamous fire of 1969 to an ecosystem's resilience following a forest blaze, leaders from Germany, England, Italy and Pennsylvania talked about their successes and the lessons they've learned along the way.
Tony Harvey of British Waterways in Birmingham, England, said that his organization has helped leverage $1 billion of investment in the region's waterway network, which dates back to the Roman era. Those waterways now attract more than 13 million visitors and 35,000 licensed boats per year.
Arne Lorz of Duisburg, Germany, described how her city rebuilt itself during an era of industrial decline by focusing on its crumbling inner harbor and building new homes, a marina, offices, retail and museums.
Roberto Bobbio, Professor of Urban Planning and Landscape Preservation at the University of Genoa, Italy, discussed how his dense Mediterranean city invested in a state-of-the-art aquarium that now is the third most visited spot in Italy.
Finally, Lisa Schroeder of Pittsburgh RiverLife Task Force told the audience that her city successfully has reinvented its industrial, long-empty waterfront into a well-connected civic space. Today, more than 15,000 kayaks are rented each year from under a bridge, and "boat-gating," she added, has replaced "tailgating."
Schroeder also offered a concise analysis of what doubtless was on the minds of many participants: "If you can use private funding to help put redevelopment plans together," she advised, "then it's easier to get politicians to fight for the public infrastructure spending that makes reinvestment possible."
Source: Flats Forward Waterfront Summit
Writer: Lee Chilcote
Urban Community School recently announced it has received a $5 million pledge from an anonymous donor. That pledge, the largest in the school's history, will allow the well-regarded institution to expand by one-third and serve an additional 150 children.
"This gift will help us to continue to provide quality education to kids that don't otherwise have access to it," says Sister Maureen Doyle, Director of Urban Community School, which is located in Ohio City and serves mostly low-income students who live in the immediate area. "We're focused on the children who need us most."
Urban plans to construct a two-story addition off W. 50th Street, in the rear of the school's campus. Doyle says the new classroom space, which will add a state-of-the-art middle school that will complement the existing building completed in 2005, will "meet the needs of city kids for the 21st century."
"We're redesigning not only the facility but also the program to meet the needs of our students," explains Doyle. "We're looking at things like writing and science labs, meeting space, expandable walls and state-of-the-art technology. We want to make sure what we're providing kids helps them to be successful in high school."
Other options under consideration include extending the school day for middle school students, creating a leadership program to involve them in the community, and promoting shared teaching responsibilities to ensure an integrated curriculum.
Fortunately, Urban need not develop new designs for the facility since it had planned the expansion when it originally broke ground on the existing building.
Although Urban does not have a specific timeline for its expansion plans, Doyle expects the school to complete the project within the next three years.
Source: Sister Maureen Doyle
Writer: Lee Chilcote
"This gift will help us to continue to provide quality education to kids that don't otherwise have access to it," says Sister Maureen Doyle, Director of Urban Community School, which is located in Ohio City and serves mostly low-income students who live in the immediate area. "We're focused on the children who need us most."
Urban plans to construct a two-story addition off W. 50th Street, in the rear of the school's campus. Doyle says the new classroom space, which will add a state-of-the-art middle school that will complement the existing building completed in 2005, will "meet the needs of city kids for the 21st century."
"We're redesigning not only the facility but also the program to meet the needs of our students," explains Doyle. "We're looking at things like writing and science labs, meeting space, expandable walls and state-of-the-art technology. We want to make sure what we're providing kids helps them to be successful in high school."
Other options under consideration include extending the school day for middle school students, creating a leadership program to involve them in the community, and promoting shared teaching responsibilities to ensure an integrated curriculum.
Fortunately, Urban need not develop new designs for the facility since it had planned the expansion when it originally broke ground on the existing building.
Although Urban does not have a specific timeline for its expansion plans, Doyle expects the school to complete the project within the next three years.
Source: Sister Maureen Doyle
Writer: Lee Chilcote
Thirty-year-old Mark Raymond has stayed in hostels all over the world, and now he's bringing his passion, ideas and money to Cleveland to create a 60-bed hostel on West 25th Street in Ohio City.
"A hostel is a very valuable asset for a city to have, and I think Cleveland is a good place to start one," says Raymond. "Hostels attract nontraditional travelers on a shoestring budget, and if a city doesn't have a hostel, many will skip over it."
The Cleveland hostel, which will be located at 2084 West 25th Street, in a building that is owned by real estate developer MRN Ltd., will offer dormitory-style accommodations as well as private and family rooms. Beds will start at $25 per night, and a shared kitchen will be available. Raymond is investigating the possibility of creating a rooftop patio and bike rental facility, as well.
Identifying a location that is well-trafficked and easily accessible to public transportation was key to making his new venture successful, says Raymond. Many hostel clients prefer public transportation or walking to get around. "People can stay in the 'burbs for $30 a night in Cleveland, but they can't get to the city and they don't have the communal aspect of a hostel," he says.
Raymond found the location he was seeking in Ohio City, which has recently experienced a boom of new businesses opening and developers rehabilitating buildings. "Ohio City is a good location because there's so much to do. It's close to downtown and there's good public transportation connections."
Raymond hopes to open the new hostel in May, just in time for the celebration of the West Side Market's centennial and the summer traveling season.
Source: Mark Raymond
Writer: Lee Chilcote
"A hostel is a very valuable asset for a city to have, and I think Cleveland is a good place to start one," says Raymond. "Hostels attract nontraditional travelers on a shoestring budget, and if a city doesn't have a hostel, many will skip over it."
The Cleveland hostel, which will be located at 2084 West 25th Street, in a building that is owned by real estate developer MRN Ltd., will offer dormitory-style accommodations as well as private and family rooms. Beds will start at $25 per night, and a shared kitchen will be available. Raymond is investigating the possibility of creating a rooftop patio and bike rental facility, as well.
Identifying a location that is well-trafficked and easily accessible to public transportation was key to making his new venture successful, says Raymond. Many hostel clients prefer public transportation or walking to get around. "People can stay in the 'burbs for $30 a night in Cleveland, but they can't get to the city and they don't have the communal aspect of a hostel," he says.
Raymond found the location he was seeking in Ohio City, which has recently experienced a boom of new businesses opening and developers rehabilitating buildings. "Ohio City is a good location because there's so much to do. It's close to downtown and there's good public transportation connections."
Raymond hopes to open the new hostel in May, just in time for the celebration of the West Side Market's centennial and the summer traveling season.
Source: Mark Raymond
Writer: Lee Chilcote
Green City Growers, a for-profit, employee-owned produce company that is part of the nonprofit Evergreen Cooperatives, will break ground next week on a 3.25-acre hydroponic greenhouse. The project, which will cost $17 million and is expected to eventually create about 40 full-time jobs, will be built in an east side neighborhood so wracked by poverty it has been dubbed "The Forgotten Triangle."
The greenhouse, which is being constructed on a scruffy, 10-acre patch of land at Kinsman and Ensign in the city's Central neighborhood, will grow fresh lettuce and herbs that will then be sold to large University Circle institutions, grocery store chains, and food service companies in Northeast Ohio.
"Cleveland is one of the leaders in the nation in terms of local food initiatives, and this project fits perfectly with where Cleveland is and where it's going," says Mary Donnell, CEO of Green City Growers Cooperative. "This greenhouse project will allow us to provide local food year-round to residents of Northeast Ohio."
A recent study by the Cleveland-Cuyahoga County Food Policy Coalition found that while 37 percent of Cleveland residents say it is important that their food is grown locally, only two percent of the food purchased in the region is grown here.
In addition to selling the freshest heads of lettuce and cutting the region's carbon footprint, Green City Growers aims to employ Cleveland residents -- especially those living in Central.
"We're creating good jobs and distributing the profits back to worker-owners," says Donnell. "People are looking at Cleveland and Evergreen Coops from all over the country -- they're calling it 'The Cleveland Model.'"
Source: Mary Donnell
Writer: Lee Chilcote
The greenhouse, which is being constructed on a scruffy, 10-acre patch of land at Kinsman and Ensign in the city's Central neighborhood, will grow fresh lettuce and herbs that will then be sold to large University Circle institutions, grocery store chains, and food service companies in Northeast Ohio.
"Cleveland is one of the leaders in the nation in terms of local food initiatives, and this project fits perfectly with where Cleveland is and where it's going," says Mary Donnell, CEO of Green City Growers Cooperative. "This greenhouse project will allow us to provide local food year-round to residents of Northeast Ohio."
A recent study by the Cleveland-Cuyahoga County Food Policy Coalition found that while 37 percent of Cleveland residents say it is important that their food is grown locally, only two percent of the food purchased in the region is grown here.
In addition to selling the freshest heads of lettuce and cutting the region's carbon footprint, Green City Growers aims to employ Cleveland residents -- especially those living in Central.
"We're creating good jobs and distributing the profits back to worker-owners," says Donnell. "People are looking at Cleveland and Evergreen Coops from all over the country -- they're calling it 'The Cleveland Model.'"
Source: Mary Donnell
Writer: Lee Chilcote
The building boom kicking up dust in downtown Cleveland soon will give visitors to the Medical Mart, Convention Center and Horseshoe Casino another spot to lay their heads after a night out on the town. Optima Ventures and Sage Hospitality have purchased the former Crowne Plaza Cleveland City Centre hotel and plan to spend $64 million to renovate it into a new, luxurious 481-room Westin Hotel.
The project was spurred by an anticipated influx of visitors to downtown Cleveland, the developer said in a press release. "This is the perfect time for a four-star luxury hotel to be entering the downtown Cleveland market, and we expect to see strong occupancy from both business and leisure travelers," said Ken Geist, Executive Vice President and Partner at Sage Hospitality.
The developers plan to remodel all of the hotel rooms, meeting spaces and public spaces and add energy-efficient windows, a new roof and other exterior improvements. When the new Westin opens in July 2013, it will feature a high-end restaurant with outdoor dining space, a business center, fitness center and a spa. The hotel is expected to employ between 300 and 350 individuals.
The Cleveland International Fund, which operates a federal Eb-5 zone that permits wealthy foreign investors to expedite obtaining U.S. visas if they invest at least $500k in a project that creates jobs, has committed $36 million to the project. The Fund, which was also a critical force in the Flats East Bank project, is becoming an increasingly visible player in urban redevelopment.
The project will also likely be funded by a tax increment financing agreement with the City of Cleveland and the Cleveland-Cuyahoga Port Authority, as well as the sale of bonds. Both are still in the works and have not yet been finalized.
The developers plan to shut down the Crowne Plaza hotel in November to start construction.
Source: Sage Hospitality
Writer: Lee Chilcote
The project was spurred by an anticipated influx of visitors to downtown Cleveland, the developer said in a press release. "This is the perfect time for a four-star luxury hotel to be entering the downtown Cleveland market, and we expect to see strong occupancy from both business and leisure travelers," said Ken Geist, Executive Vice President and Partner at Sage Hospitality.
The developers plan to remodel all of the hotel rooms, meeting spaces and public spaces and add energy-efficient windows, a new roof and other exterior improvements. When the new Westin opens in July 2013, it will feature a high-end restaurant with outdoor dining space, a business center, fitness center and a spa. The hotel is expected to employ between 300 and 350 individuals.
The Cleveland International Fund, which operates a federal Eb-5 zone that permits wealthy foreign investors to expedite obtaining U.S. visas if they invest at least $500k in a project that creates jobs, has committed $36 million to the project. The Fund, which was also a critical force in the Flats East Bank project, is becoming an increasingly visible player in urban redevelopment.
The project will also likely be funded by a tax increment financing agreement with the City of Cleveland and the Cleveland-Cuyahoga Port Authority, as well as the sale of bonds. Both are still in the works and have not yet been finalized.
The developers plan to shut down the Crowne Plaza hotel in November to start construction.
Source: Sage Hospitality
Writer: Lee Chilcote
Enterprise Community Partners, a national nonprofit organization, wants every affordable housing unit in the U.S. to be green by 2020. Now, thanks to that bold ambition, a Cleveland apartment building will receive a green makeover, making it healthier and more energy-efficient for the people that live there.
Enterprise recently announced that it had closed on its first loan in the Ohio Green Communities Retrofit Fund, a $1 million program to renovate older apartment buildings so that they are more energy-efficient. Harvard Village Elderly Apartments, a 49-unit rental building for low- to moderate-income seniors owned by National Church Residences, will receive a $250,000 loan from the Fund.
National Church Residences plans a $1.4 million retrofit for the property, including new windows and doors and new insulation. The rehabilitation project will be funded by the Ohio Weatherization Assistance Program, the City of Cleveland and owner equity, in addition to the Enterprise loan.
"The theory we're trying to prove is that the savings realized by completing energy retrofits are more than sufficient to pay off the low-interest rehab loan," explains Marc McDermott, Vice President of Ohio Enterprise Community Partners. "It's a tough proposition, because you've got to have an owner that is confident in the energy audit's recommendations and willing to take on debt."
The Harvard Village Elderly Apartments was built as a schoolhouse in 1920. Slavic Village has become known for its commitment to sustainability initiatives, including community gardens, the Green Corps learning farm and a farmers' market.
Source: Marc McDermott
Writer: Lee Chilcote
Enterprise recently announced that it had closed on its first loan in the Ohio Green Communities Retrofit Fund, a $1 million program to renovate older apartment buildings so that they are more energy-efficient. Harvard Village Elderly Apartments, a 49-unit rental building for low- to moderate-income seniors owned by National Church Residences, will receive a $250,000 loan from the Fund.
National Church Residences plans a $1.4 million retrofit for the property, including new windows and doors and new insulation. The rehabilitation project will be funded by the Ohio Weatherization Assistance Program, the City of Cleveland and owner equity, in addition to the Enterprise loan.
"The theory we're trying to prove is that the savings realized by completing energy retrofits are more than sufficient to pay off the low-interest rehab loan," explains Marc McDermott, Vice President of Ohio Enterprise Community Partners. "It's a tough proposition, because you've got to have an owner that is confident in the energy audit's recommendations and willing to take on debt."
The Harvard Village Elderly Apartments was built as a schoolhouse in 1920. Slavic Village has become known for its commitment to sustainability initiatives, including community gardens, the Green Corps learning farm and a farmers' market.
Source: Marc McDermott
Writer: Lee Chilcote