My Favorites
My Favorites
Add Page
Add Page
Print
Print
You have 0 items saved in "My Favorites"
Use "My Favorites" to collect pages and downloads that you would like to keep in one place. To store a page, click on the "Add to My Favorites" button at the top of the page. To store a download, click on the plus button next to the download link. My Favorites will be saved for seven days.


BOOMTOWN CLEVELAND


Recent Large Developments

2016 has been a busy, exciting and prosperous year for the City of Cleveland!  After decades of disinvestment and decline as a former rust belt manufacturing mecca, Cleveland is reinventing itself into a 21st century City while leveraging billions of public and private investment into a new and changing economy. A combination of re-purposing and renovating historical buildings, new ground-up construction, entrepreneurs starting businesses and the attraction and relocation of college educated talent is bringing about the rebirth of Cleveland as an  emerging and vibrant city.  In the summer of 2014, the RNC selection committee made the decision to have Cleveland be the host for their big convention RNC 2016  in 2016. The convention, running July 18-21, is expecting to bring 50,000 visitors to town providing a reason to speed up construction timelines and accelerating recent public –private partnership investments.  
 
Local and out- of- state developers are investing in Cleveland, turning it into a boomtown while creating excitement that has been written in editorials across the country.  According to Crain’s, In the past two months alone there have been announcements for housing developments which would include 1,500 new housing units downtown, including more than 600 at Nautica in the Flats and as many as 400 to be located in Cleveland’s iconic Terminal Tower. The apartment boom has created 750 new suites a year since 2014 when previous to that 200 new units were the norm according to Marcus & Millichap statistics. Demand too has increased; Downtown’s apartment occupancy rate which is nearly 97% with the number of people residing since 2000 has risen from 7,499 to over 14,000 residents in 2016.
 
From 2011-2015 a total of $8 billion was invested in new development in Cleveland. The project investment included: $1.37 billion on the new hotels; $1.23 billion on mixed-use development projects; $694 million of residential housing; $1.78 billion on “meds & eds” tech structures; $508 million on arts development;  $1.4 million on public space, bike paths / trails and public parks  such as the transformation of one of Cleveland’s iconic and oldest parks -public square; $982 million on infrastructure improvements with the Innerbelt Bridge construction; and the $451 million on renovation and business attraction such as Link 59.

These numbers don’t take into consideration $350 million total dollars AT&T spent building out their Cleveland area network over the last 3- years. Most of this year’s investment for the RNC are permanent and will be left enhancing Cleveland as a smart, connected City.
 
Below is a list of large planned developments and recently completed construction projects in our City which will sustain momentum long after the RNC. This will help build upon and attract other large conventions and global businesses while ensuring Cleveland’s position as one of the great tourist and convention destinations of the nation.
 
Planned or Under Construction

1.     925 Building-$270M Renovation
2.     Garfield Building-$40M Renovation
3.     Lakefront Development Plan-$280M New Construction
4.     Nucleus- $400M New Construction
5.     One University Circle-$116M New Construction
6.     University Hospitals Rainbow Center for Woman and Children –$15M  New Construction
7.     Link 59-$50M New Construction-
8.     Centric-$70M New Construction
9.     Innova- $175M New Construction
10.   Health Tech Hospitality – $12M Planned Construction
11.   University Circle Central District -$280M Planned Construction
 
Completed Projects

12.   Schofield Building-$50M Renovation
13.   Ameritrust Complex-$170M Renovation
14.   Public Square-$50M Renovation & New Construction
15.   Hilton Hotel Cleveland-$272M New Construction
16.   Flats East Bank (Phase II) -$419M New Construction
17.   Uptown-$66M New Construction
18.   Drury Hotel - $41M Renovation
 

1.  925 Building –renovation underway  

One of the most exciting renovations to a Cleveland historical structure is occurring to the former Huntington Bank Building on the northeast corner of East 9th Street and Euclid Avenue in the heart of downtown Cleveland.  When completed in 1924, this historic property was the second largest building in the world in terms of square footage, with more than 30 acres of floor space. Cleveland at the time was the 7th largest city in America.
 
Now known as the 925 Building, the building was originally constructed to be the headquarters for Union Trust, then a major U.S. bank. Its architects also designed Cleveland’s Terminal Tower. The 21-story building's massive L-shaped lobby includes large marble columns and murals painted by Jules Guerin,—whose works also appear inside the Lincoln Memorial in Washington, D.C.
 
The 925 Building, currently downtown Cleveland’s 2nd largest building in total square footage, spans over 1.4 million sq.ft. including the immense lobby, lower-level retail corridors and a rooftop large enough to have previously land helicopters.   Hudson Holdings, under the developer Andrew Greenbaum from south Florida, purchased the building last June 2015 for $22 million with a 92% vacancy. They will invest $270 million to revitalize the building into a mixed- use development. This will encompass first floor retail/ restaurant space; 200,000 sq. ft. of space will remain offices with modern amenities; a 279-room Hilton Curio hotel; an apartment/condo product; and a fitness club.  In December 2015, the Ohio Development Services Agency awarded   a $25 million “catalytic” historic tax credit to this project in a state-wide competition.
 
As part of the conversion to residential, the development includes 580 full-sized apartments plus 93 micro-apartments – small living spaces available to companies and workers participating in a business incubator planned for the building's sixth floor.   The building's ornate, L-shaped bank lobby,  often described as the world's largest bank lobby, will function as stunning innovative space for events with the high ceilings and marble columns. The space will be used to host parties during the RNC 2016. The project is estimated to directly create 1,500 construction and 1,800 permanent jobs.
Photo:  City of Cleveland

2.  GARFIELD BUILDING-renovation underway
The Garfield Building, which was constructed in 1893, is located at one of downtown Cleveland’s corners at East 6th and Euclid Avenue.  It was the original home of the Cleveland Trust Company, one of the City’s prominent banks in the early 20th century. In 1921, National City Bank moved into the 11-story building and remained its primary occupant for the next 87 years. During the great recession of 2008 and 2009, bank acquisitions and consolidations occurred which left the historic building vacant.  

Cleveland-based Millennia Housing Development Ltd. purchased the building and will convert all office floors (2 through 10) to 125 upscale residential apartments, with additional 2-story rooftop penthouse units. The first floor includes an ornate historic lobby that will serve the residents, as well as three separate commercial spaces intended for restaurant and/or retail uses.  All exterior work will preserve, restore and compliment the historic façade of the building.  All interior areas included in the project will also undergo a full rehabilitation for the conversion.  The project will seek certification through the Enterprise Green Communities program to insure a high standard of energy-efficiency and less costly operation for the tenants. Millennia is an experienced multi-family residential developer and property owner that will own, develop and operate the 123 year-old historic structure.

Total development costs are estimated at $40 million.  The funding sources are private equity, traditional construction loan, and Federal & State Historic Tax Credits. The project will be completed in 2017 when it will be renamed, “Corning Place.”

3.  LAKEFRONT PLAN – construction underway

In 2015, the City of Cleveland announced that a team, led by Cleveland developer Dick Pace and the Trammell Crow Co. of Dallas, was selected to develop city-owned waterfront land at North Coast Harbor including the land north of FirstEnergy Stadium, home to the Cleveland Browns. 
 
The development of 28-acres of the downtown lakefront marks a major step toward providing access to the City’s waterfront  that was previously used for warehousing.  The development plan will create a vibrant mixed-use neighborhood adding over 1,000 apartments, 80,000 SF of office and 50,000 SF of retail space to the city’s central business district. The new neighborhood will also have a high quality school to attract young professionals who want to stay in the city to raise their families.
 
The total development cost will exceed $280 million which include six development sites.  These sites will be developed in three phases to include parks and water access space.  To fund the infrastructure improvements to pay for roads, utilities, landscaping and parks, the City of Cleveland created a 30-year TIF.  The development has been approved by Cleveland City Council.
 
The first phase of the waterfront development, a 2-story glass façade restaurant with breathtaking views of the City skyline and Lake Erie, will be completed July 2016 in time for the RNC.  Nuevo, a Mexican-influenced restaurant, will be located next to Voinovich Park near the Rock and Roll Hall of Fame. It will be similar to the Akron restaurant owned and operated by the same owners. As part of the development, adjacent to Nuevo, underutilized parking spaces have been removed and replaced with sand volleyball courts.
Photo credit: Planning.cleveland.gov
 
4.  nuCLEus – new construction in planning
Developer Robert Stark, principal of Stark Enterprises, and his partners, are proposing to develop NuCLEus, a $420 million transformation of the Gateway District in downtown.  In late 2014, Stark’s team acquired the large surface parking lot at E. 4th Street and Prospect Avenue; an outdated parking structure; a dilapidated retail building to the east, and the Harold Building to the west on Prospect Avenue from out-of-state investors.  The properties had been poorly maintained and were vacant and dilapidated in the heart of Cleveland’s Gateway District which includes the Quicken Loan’s Arena and Progressive Field, home to the 2016 champion Cleveland Cavaliers and the Cleveland Indians respectively. 

 Stark’s team has begun the process of implementing a new vision for this property, proposing an architecturally-significant 48-story tower that will be the fourth-largest building in downtown and will transform the skyline of the City.  The property will be transformative at the street level as well, with ground floor retail, pedestrian only zones, and a Laneway—a retail-focused alley modeled after Melbourne, Australia.
 
NuCLEus will be a vibrant mixed-use development in the heart of downtown.  Two parking garages with almost 1,700 parking spaces will be wrapped in two stories of walkable retail and restaurant space representing approximately 165,000 square feet of development.  Two towers will rise above these pedestals, containing 200,000 square feet of office space and over 600,000 square feet of residential space, bridged by a 140,000 square foot hotel.  When complete, the development will house over 1,000 workers and an estimated 600 residents that will completely transform the Gateway neighborhood.
 
Putting together a multi-layered financing package for a complicated project like NuCLEus requires a commitment from public and private partners.  Stark showed his commitment to the project by investing over $32 million to acquire the property.  In addition to significant equity and conventional debt investments, the City of Cleveland has stepped forward to provide a non-school TIF to support bond financing of the project (currently projected at $18 million) and two Vacant Property Initiative (“VPI”) forgivable loans to address demolition and brownfield concerns.  Other public partners, including Cuyahoga County, the Port Authority, and the State of Ohio are in discussions to provide financial assistance.  Construction on the project is expected to begin in the fall of 2016 with completion forecast for 2018.
 

5.  One University Circle-new construction underway

 One University Circle, a 20-story tower with 280 residential units, began construction at 10730 Euclid Ave with a groundbreaking held on June 9, 2016. First Interstate Properties, principal Mitch Schneider, partnered with Petros Development Corporation (principal Sam Petros) to build a $116 million market rate residential rental project in the University Circle neighborhood.  The location is a 1.3 acre site that was formerly a Howard Johnsons.  The Cleveland Children’s Museum was leasing the space but relocated to a temporary location as they prepare their new home at the Stager Beckwith Mansion.    
Photo Credit: City of Cleveland Photographers, Bill Rieter
 
The building will be 20-stories, which will include a four-story parking garage and a 16-story residential tower, essentially matching the height of the neighboring Walker Building (approximately 215 feet in height). “This project is Cleveland’s tallest residential tower to be built in more than 40 years,” stated Mitchell Schneider, CEO of First Interstate.  The overall project includes 280 luxury residential units with the average size of an apartment over 1,100 SF.  The parking garage will house over 300 parking spaces.  The project will be over 500,000 SF including a bistro/market on the ground floor.  The project will also include community rooms, conference and meeting space, a fitness center and a rooftop park with outdoor grills. Within walking distance of the planned complex, there are a myriad of ethnic restaurants, an eclectic mix of old and new architecture and a cluster of some of the best arts, cultural institutions and museums in the nation.
 
“This is an exciting lifestyle many big-city neighborhoods offer residents, and we are happy to make this a reality in University Circle” says the builder Sam Petros. The residences, south of Euclid Avenue between Stokes Boulevard and Stearns Road, are expected to be completed in Spring 2018.
 
The City granted One University Circle a 30-year TIF on the property in consideration for the developer agreeing to make certain improvements to those parcels, and agreeing to make payments in lieu of taxes (PILOT).  A portion of the PILOT will be paid to the Cleveland Municipal School District.

6.  University Hospitals (“UH”)  Rainbow Center for Woman and Children- new construction in underway

UH is one of the top cancer centers in the nation, according to U.S. News & World Report and one of the top three neonatology hospitals in the country by the same ranking. They are celebrating 150 years in Cleveland in 2016. The academic medical center will celebrate their anniversary with the construction of UH Rainbow Center for Woman and Children.

The hospital originated as a house on Wilson Street back in 1866.  Today, UH consists of 18 hospitals with 26,000 employees, 40 ambulatory centers, and $4 billion in revenue…” said Dr. Dan Simon president of University Hospital’s Case Medical Center.
 
The UH Rainbow Center for Woman and Children is about to begin construction for their off-campus, integrated primary care facility. The state-of-the-art facility will allow greater accessibility for patients and families while serving the needs of the community’s most vulnerable women and children. Services will include children’s wellness and parenting programs, including the Healthy Kids Healthy Weight Program, the Centering Pregnancy/Parenting Program, the Diabetes Center for Pregnancy, WIC, and radiology services.
 
UH’s investment is approximately $15 Million to construct the two-story, 40,000 SF facility. The project site’s central location within the Health-Tech Corridor and direct access of two key bus routes  including the RTA Healthline, make this particular site beneficial to the community. UH believes that the investment at this site will create better accessibility, provide needed capacity and an appropriate physical environment for pediatric subspecialties.

7.  Link 59 – new construction in planning

Complementing UH’s Center for Women & Children, Hemingway Development —a subsidiary of Geis Companies, will break ground on its 12-acre urban medical campus  encompassing 140,000 SF of office buildings, labs, and research facilities in Fall 2016. In total, the campus will bring approximately 260 full-time equivalent jobs with a payroll in excess of $15 million.
 
In 2010-11, the City, through the Industrial Commercial Land Bank completed a thorough remediation of the brownfield site, including the removal and replacement of foundations, and contaminated soil throughout the site, groundwater treatment and monitoring, and secured a No Further Action Letter and Covenant Not to Sue for the site, making the land shovel ready for redevelopment.
 
Link 59 will become a Wellness Innovation Campus upon completion. This public-private development addresses a void in the urban fabric, and returns a vacant former industrial Brownfield to productive use. The site is located in the heart of the Health-Tech Corridor and will leverage the momentum of the health and high tech economy that is developing there and will continue the revitalization of the Midtown neighborhood and the diversification of Cleveland’s economy.
 

8.  CENTRIC CLEVELAND –new construction in planning

Centric Cleveland is a mixed-use retail and residential apartment building complex planned for University Circle at the intersection of Mayfield Road and a new extension of Circle Drive.  Midwest Development Partners (principals Steve Rubin, Zac Ponsky and Elie Weiss) are proposing a $70 million market rate mixed-use development project.
 
The existing site consists of a parking lot, known as Lot #45, and an existing street (E. 117th St.), which will be vacated.  The proposed seven-story mixed-use building will have 28,000 SF of ground floor retail space and the upper six floors will contain 269 unique apartments and residential amenity spaces.  The building will be designated to meet LEED silver certification.  A 360 space parking garage will be built as part of the project for residential and public use.  Construction is anticipated in to begin in 2017.  As part of the project, the Developer has agreed to a Community Benefits Agreement which will include interns from Max Hayes High school.   There will be 85 new jobs to be created with the proposed mixed-use development. 
 

9.  INNOVA –new construction underway

Project Innova is being developed by The Finch Group along Chester Avenue. The completed project will be a modern, amenity-rich residential community located in Cleveland's Greater University Circle neighborhood and will provide workforce housing opportunities for the many cultural and research institutions of University Circle. Phase I residential and retail is completed. This project is directly adjacent to the Cleveland Clinic's main campus, and in close proximity to Case Western Reserve University, University Hospitals, the VA and Cleveland's cultural institutions.                                                                                                                   
INNOVA includes 177 modern apartments within a 400,000 square-foot “all-inclusive,” pedestrian-friendly community with convenient onsite shopping and parking, a state-of-the-art fitness center, sky deck, resident lounge and exclusive 24-hour concierge service. Approximately 23,000 SF will be available for retail and/or office use. Adjacent to this development site, a new 485,000 SF medical school is currently being built at The Cleveland Clinic in conjunction with Case Western Reserve University. Anticipated occupancy will occur in late Fall 2016.
 
In June 2015, the Ohio Housing Finance Agency announced an award to the Finch Group for the construction of Hough Heritage Housing, a new 60 unit elderly affordable apartment building on E 97th St., one block north of Chester Ave. The Finch Group made a personal commitment to the City to deliver affordable housing as part of the $175M development plan for the Upper Chester district of the Historic Hough neighborhood. Residential suites offer the inspired designs and warm aesthetics including: plank flooring, granite countertops, stainless steel appliances, full size washer/dryers, mobile device-controlled smart thermostat, spacious bathrooms and walk-in closets. In addition to the 24-hour concierge, services include a roving night security guard and HD video surveillance. 

10.  HEALTH TECH HOSPITALITY- new construction in planning

The block located at E. 69th-70th Street between Euclid and Chester Avenue is in a prime location for future development along the Health-Tech Corridor.  Several parcels are owned by the City's Industrial Commercial Land Bank.  Economic Development has targeted this property as a priority for future development and is working in collaboration with Midtown Cleveland, who owns the remaining developable property to position the site for redevelopment.
 
Health Tech Hospitality, LLC (“HTH”) has proposed the development of the block into an “upscale economy” hotel facing the Euclid frontage.  HTH has executed a license agreement to begin initial testing and site work.  Hotel development is needed to keep up with rapid developments within the Health Tech Corridor that have brought international businesses needing hotel nights for visitors and for families of patients at the medical facilities. The current site is a brownfield and Health Tech Hospitality has agreed to clean-up the environmental issues at the site as part of the development.
 

11.  UNIVERSITY CIRCLE CITY CENTER DISTRICT  (UC3) –new construction in planning

University Circle City Center District (“District”) is a proposed mixed use, neighborhood district that will encompass two city blocks. The District will include approximately 550 residential units and 12 Parkside homes. The District will also include up to 100,000 SF of walkable street-level retail including a full service grocery, up to 17,500 SF of loft office space, and up to 1,590 garage parking spaces. Total investment is expected to be over $280 million while adding over 200 new jobs to the neighborhood. The development will help connect University Circle to Cleveland Clinic and the Health Tech Corridor. The plan also includes a reconfiguration of the intersection at Chester Avenue and Stokes Boulevard to make this edge of University Circle a “walkable community” for residential, office and retail options.


In late 2014 the City of Cleveland issued a RFP for the purchase and redevelopment of the former Third District Police Department building at 10600 Chester Avenue. Concurrently, the Cleveland Public Library also issued an RFP for their Martin Luther King Jr. Branch, adjacent to the Police Department. The City received three responses, one of which not only included redevelopment of the Police Department and the Library but also included development of the green space on the eastern border of the site, and property on the northwest corner of the block, totaling over 5 acres—University Circle City  Center District.

The developer has worked with the City of Cleveland for a purchase and development agreement as well as a tax increment financing (“TIF”) including a demolition loan and tax abatement. The purchase agreement allows the developer to purchase city-owned parcels-including the police department and the green space. The demolition loan and TIF, help make the project financially feasible.

The City recently passed an ordinance allowing for 15 year 75% tax abatements for full service grocery stores in neighborhoods which are considered food deserts. The developer, City of Cleveland, Cleveland Public Library, University Circle, Inc. (UCI) worked together to ensure the community would have a brand new library within close proximity to the current one. The team also worked with UCI to develop a traffic study—to submit to the Ohio Department of Transportation—to reconfigure the intersection, making it more walkable by replacing the current high-vehicle traffic configuration with pedestrian friendly, transit-oriented development. The partnership between the City, developer, and the library has laid the groundwork to transform this underutilized intersection into a thriving district to live, work, and play. 
 

12.  SCHOFIELD BUILDING – completed renovation

Cleveland’s new Kimpton Hotel—The Schofield, underwent a dramatic renovation prior to its March 2016 debut.  The Schofield Building, a century-old, 14-story building designed by prominent architect Levi Scofield , who also created the City’s Civil War Veterans Memorial on Public Square, “Soldiers and Sailors Monument.”  The building is located at the intersection of Euclid Avenue and East 9th Street —well positioned across the street from another historical reconstruction, the Ameritrust Complex, now called “the Nine”.  The historic Schofield Building, constructed in 1902, will serve as a mixed- use development including 52 residential apartments, a 122-room Kimpton Hotel, retail space and a ground floor specialty restaurant called Parkers. Total project investment topped $50 million in renovation. The project is almost fully leased.
 
According to Cleveland.com the trickiest and most dramatic part of the project was the removal of a steel and enamel façade, which was placed on top of the building's original brick exterior in 1969 in an effort to update and modernize its look. Kathleen Crowther, president of the Cleveland Restoration Society said, ”Whole sections of the brick and terra cotta exterior were in such poor shape they had to be recreated. The decorative cornices and columns are pristine now, restored to their Victorian-era elegance.”
 
This hotel has many unique and welcoming offerings. It should be noted  that local Cleveland craft beer will be made available in the hotel’s minibars while in the lobby one can page through American Splendor comic books by the late Harvey Pekar.  They even provide treats for your dog at this pet friendly hotel.
 

13.  AMERITRUST COMPLEX-completed renovation

The Ameritust complex, now called “the Nine,” is located at the southeast corner of Euclid Avenue and East Ninth in downtown Cleveland.  This has long been identified as a redevelopment priority by the City of Cleveland.  The complex, overlooking what used to be the epicenter of Cleveland’s financial district, has five buildings in total, including the 29-story tower built in 1971 and the historic rotunda of the Cleveland Trust Company Building completed in 1908, as well as two parking garages.  The majority of the complex has been vacant and shuttered since 1991 and in danger of the wrecking ball.  Cuyahoga County acquired the complex in 2005 with plans to redevelop the block for its new headquarters.  For several reasons, these plans did not proceed and the County approved Geis Companies’ bid to acquire the complex in January 2013 to build Cuyahoga County a new headquarters on the Prospect Avenue portion of the site. 
 
As part of the overall redevelopment of the multi-building complex, the developer completed a historic redevelopment of the Rotunda and 1010 Building, located at 900-916 Euclid Avenue and 1010 Euclid Avenue.  HUD 108 funds were used to help fund the project.  The $170 million dollar redevelopment ranks among downtown Cleveland’s biggest and is a high-profile symbol of revival. This infusion of new development and amenities has revitalized and re-energized the intersections of East 9th Street, Euclid Avenue and Prospect Avenue while bringing back its old grandeur. This has sparked a movement of repurposing vacant and/or underutilized historical Cleveland properties.

1010 Building
The 1010 Building is a 120,000 square foot, 13-story building that has been renovated for office, apartments, and ground-level retail.  This building is connected to the neighboring historic Rotunda on its first four floors.  The Heinen’s market spans the ground floor of both buildings.  The two buildings share office space on floors 2-4.  Geis Property Management, which currently manages over 4.5 million square feet and 150 tenant spaces, has established its downtown headquarters in the 5th floor of the 1010 Building.  On floors six through thirteen, up to 80 moderately priced apartment units were constructed with  50% of the units will be affordable based on 80% of area median income.  The building also offers a rooftop restaurant and cocktail lounge amenity for residents and tenants.


Historic Cleveland Trust Rotunda
Based upon the unique nature of the Rotunda and in response to feedback from area residents and stakeholders, one of the primary focuses of the Ameritrust project is the redevelopment of the Rotunda’s grand central space as a publicly accessible 20,000 SF fresh food market.

Instead of pursuing many offers from office tenants to occupy the entire Rotunda, including the ground floor, Geis committed to reopening this long-dormant and highly significant historic space for continuous public enjoyment.  The locally-owned fresh food market, Heinen’s, occupies the space. The store features fresh produce, meats & cheeses, dry goods and prepared food options with different dining concepts such as steak, chicken, seafood, coffee, deli, bakery and of course a salad bar in an environment of historical renaissance.
 
The market attracts area residents, businesses and visitors alike and reestablishes the building as a focal point of downtown Cleveland and as a destination for tourists.  The Rotunda includes a Tiffany stained glass ceiling under an 85-foot high dome designed with painted murals. Just below the dome on the second level is the Balcony, creatively displaying Heinen’s wine selection and laced by the building’s original and ornate gleaming bronze railings.
 
By selecting a fresh food market, Geis’ plan satisfied both the market demand for fresh food in the City’s Central Business District and the community’s desire for public access and the opportunity to enjoy the visual masterpiece during extended weekday and weekend hours. With this successful combination of history, art, architecture, food, beer and wine this is definitely, “no ordinary grocery store.”  Moreover, in the basement of the rotunda, is a new ‘underground’ nightspot called the Vault.

Photo credit: Geis companies

14.  PUBLIC SQUARE-RESHAPING URBAN SPACES FOR PEOPLE – renovation completed

Public Square completed a $50M facelift to create a vibrant public space on 10 acres in the heart of the city. The project was completed on time in June 2016 in time for the RNC in July. The new park amenity is a verdant place to linger and enjoy the amenities that come with a beautiful public space. The new public square will be a destination that attracts citizens and visitors to Downtown, encouraging them to stay. The features that encourage visitors to linger will be an outdoor café and a splash zone which can be programed as a reflecting pool or as a fountain with arching jets of water sure to attract downtown families with their children and pets. During the cold winter months, it will be transformed into a skating rink. Moreover it will connect pockets of existing development including Tower City, East 4th St., The Cleveland Convention Center and the Global Center for Health Innovation.
 
Before the above ground work was able to take place, AT&T laid conduit for new fiber optic cables underneath so that the main convention sites could be linked together via wireless. According to the AT&T’s Area Manager for Network and Process, Christy Moore, “… enhancing what was already in place and making it even better.” AT&T has so far laid 70,000 feet of fiber to prepare for the RNC in order to provide internet access to 15,000 reporters at the convention center and 35,000 delegates in the Quicken Loans Arena.
 
Cleveland Orchestra has scheduled its first concert on Public Square on July 29th of this year.  LAND Studio, the nonprofit landscape and public art agency that managed the renovation, will launch a temporary outdoor installation, created by the group Cracking Art of Milan, Italy. As part of the project, a new restaurant called Rebol opened that allows residents, office workers and tourists a place to pause and enjoy the redesigned public space.


15.  HILTON HOTEL CLEVELAND- new construction completed
Atlanta architecture firm, Cooper Cary, has designed a hotel for the City’s Convention Center. The Hilton Cleveland Downtown faces north to Cleveland’s greatest asset, Lake Erie. The operator of this $272 million project is the Hilton Hotels & Resorts, owned by Hilton Worldwide.

The Hilton Downtown Cleveland, a new gleaming structure with a reflective glass exterior, is located at the corner of Lakeside Avenue and Ontario Street. The modern skyscraper is now the City’s 12th-tallest building. It consists of a 32-story tower with 600 guest rooms, four-stories of ballrooms, 55,000 SF of meeting space, a restaurant, and a spacious lobby accentuated with local art. The hotel is attached to the Convention Center which allows easy and convenient access during inclement weather. This convenience factor includes underground connections to the Huntington Convention Center and the Global Center for Health Innovation. This allows for an experience and implementation within the City that has never been done before. The new Hilton Cleveland opened on-time on June 1st, 2016. The new roof top Bar 32 with a terrace offering great vistas of the lakefront and downtown, is highly anticipated by local residents and downtown businesses. Bar 32 was designed to be open to the public providing residents access to incredible views of the City and Lake Erie.
 

16.  FLATS EAST BANK – new construction completed

Flats East Development LLC, (FED), a joint venture between the Wolstein Group and Fairmount Properties, purchased a large area of land on the east bank of the Flats along the Cuyahoga River and started making plans for development in 2006.  During the process, the City of Cleveland passed numerous ordinances to approve Tax Increment Financing (TIF) and to allow the vacation of streets. A commitment from Cleveland Public Power was made to provide power to the site.  The infrastructure costs for the site were large because the original development was done in the 1800’s. Small buildings were built against the river using a combined water and sewer system originally designed for mostly warehouse use.  A more modern development envisioned public access along the water, larger building footprints and an efficient water and sewer system (with separate sanitary and storm) for office towers, residential and retail uses. 
 
The project ran into funding issues as the nation faced a recession in 2008 and financial markets across the country limited access to credit. An additional issue was the discovery of submerged vaults which were deemed historic and the project was stalled for an archaeological dig.  The City of Cleveland viewed the further preparation of this site for redevelopment as its highest priority.  The Flats East Bank Project is one of the most significant public-private developments in Cleveland’s history as it reinvigorated Cleveland’s riverfront. Once again personal sailing vessels, boats and yachts can be seen lining up along the dock with their occupants to take advantage of the restaurants of the Flats East Bank Development. Residents and tourists enjoy strolling along Cleveland’s version of the “Boardwalk” which runs unobstructed along the new development.
 
Phase II’s mix of residential, office, retail, and entertainment options provided a model live-work-play environment. To move this project forward, the City  secured multiple grants from the State of Ohio, including a Clean Ohio Grant ($3 Million), 629 Program Grant ($1 Million), Capital Improvement Program Grant ($3.5 Million) and ODOT-Jobs & Commerce Program Grant ($500,000).  The total cost of the project was $419 million.
 
17.  UPTOWN-new construction completed
Born as a focus of Greater University Circle Initiative’s transportation-oriented development, Uptown is a $66 million mixed-use development that successfully connects University Circle by being centrally located between Case Western Reserve University (CWRU), Cleveland Institute of Music, Cleveland Institute of Art, University Hospitals, and Little Italy. Home to the Museum of Contemporary Art Cleveland (MOCA), Uptown sits along Euclid Avenue, which underwent a $200 million revitalization to better link University Circle to downtown Cleveland.

Uptown has strengthened University Circle adding more residents, office space, retail and increased value to its arts and entertainment district. “Uptown is built around public transportation and is centered near cultural institutions, green space, universities, and major employers.  You can live, work, and play all in one great place” 
 
The development includes over 150 new residential units geared towards students, professionals and empty nesters. Residents have access to many amenities including a walkable neighborhood, lounge and balcony spaces, fitness equipment and dry cleaning services. Uptown also added a new locally owned, full-service grocery, Constantino’s Market.  Residents and visitors alike can enjoy a wide array of amenities including Corner Alley, Cleveland Yoga, Crop Kitchen, Dynomite Burgers & Sushi, Barnes & Noble, and much more.  
 
Prior to redevelopment, the site was underutilized with vacant space, surface parking lots and a strip retail plaza. Completed in two phases, Uptown is now highly attractive and sustainable. The first phase of the development secured leases for 100% of the commercial space prior to opening, and within a month of opening, rental units were 70% leased at rate above Cleveland average. Additionally Case Western Reserve University experienced a significant increase in the number of students with no decrease in their test scores following completion of Uptown’s first phase. A “College Town” atmosphere was created for the students and their parents.  The site’s buildings have all achieved LEED Silver status or above, and has gained national recognition from The New York Times and the Architectural Record.  In 2015 the Uptown District won a silver medal for Urban Excellence by the Rudy Bruner Foundation.
 

18.  Drury Hotel – renovation completed

The City of Cleveland provided The Drury Hotel Project a $40,000 NDP grant for predevelopment costs associated with the redevelopment of the former Cleveland Municipal School Board Building located at 1380 East 6th Street in Downtown Cleveland.The 6-story historic structure, built in 1930, prior to the renovation was 100% vacant and due to years of deferred maintenance, the stonework façade was stained from decades of air pollution and neglected maintenance and upkeep.

Drury Hotels is a family-owned business with the first hotel built over 50 years ago. The company has grown to over 130 hotels in 20 states. Drury hotels are built, owned and operated by the Drury family, unlike many franchised hotel chains. The company has a great track record for new construction hotels and historical renovations. The former Cleveland Metropolitan School District building will be the eighth Drury hotel in the State of Ohio and the ninth historic hotel redevelopment project for the company.  The proposed hotel will be the first Drury-branded hotel in Cleveland, and will be called the Drury Plaza Hotel Downtown Cleveland.
 
The project progressed in phases. The first phase, the $4.83 million acquisition occurred June 5, 2013. The second phase involved predevelopment costs associated with the project (architectural, engineering, legal and consulting fees) associated with applying for historic tax credits for the building. Total project costs exceeded $41 million.