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Old 11-14-2011, 08:19 AM
 
Location: Cleveland, Ohio
233 posts, read 418,558 times
Reputation: 80

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I'm just curious about this because downtown occupancy and interest is at its highest levels in a while maybe even at its highest levels ever but I haven't heard any new residential projects planned....Does anyone have any news on new projects and maybe some renderings?
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Old 11-14-2011, 11:55 AM
 
Location: Cleveland, OH
3,844 posts, read 8,551,105 times
Reputation: 1618
You are correct, Downtown currently sits at 95% full:no vacancy: with more residents moving downtown, occupancy rates reach 95 percent

I hope more spinoff gets created soon...

1) Cleveland State broke ground on 300 units last week: Student housing gets $50M jolt | The Columbus Dispatch

2) Flats East Bank Phase II proposed http://www.crainscleveland.com/artic...FREE/302079971

3) Schofield Hotel and Apartments http://www.crainscleveland.com/artic...FREE/100629890

4) 515 Euclid Ave could happen! Parking Consultants - Desman Associates (http://www.desman.com/hotproperty/task,view/id,59/Itemid,168/ - broken link)
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Old 11-14-2011, 03:07 PM
 
Location: Cleveland, Ohio
233 posts, read 418,558 times
Reputation: 80
Quote:
Originally Posted by costello_musicman View Post
You are correct, Downtown currently sits at 95% full:no vacancy: with more residents moving downtown, occupancy rates reach 95 percent

I hope more spinoff gets created soon...

1) Cleveland State broke ground on 300 units last week: Student housing gets $50M jolt | The Columbus Dispatch

2) Flats East Bank Phase II proposed http://www.crainscleveland.com/artic...FREE/302079971

3) Schofield Hotel and Apartments http://www.crainscleveland.com/artic...FREE/100629890

4) 515 Euclid Ave could happen! Parking Consultants - Desman Associates (http://www.desman.com/hotproperty/task,view/id,59/Itemid,168/ - broken link)
So the Flats East bank phase II and the 515 condos are no longer pipe dreams?
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Old 11-26-2011, 04:41 PM
 
Location: Cleveland, OH
3,844 posts, read 8,551,105 times
Reputation: 1618
^ Looks like no pipe dream at all for FEB:

The Wolstein Group and Fairmount Properties hope to start construction in the spring on apartments at the Flats East Bank, a mixed-use neighborhood on the Cuyahoga River. Wolstein plans 150 to 175 units at a time, with five stories of apartments built over restaurants and stores.

The Flats project site, where construction crews are building an office tower, hotel, restaurants and a parking garage, could accommodate 600 units of housing.

"I'm not going to rush it," Wolstein said. "I'm going to do it right. But it would certainly make me happy if we could have all our ducks in a row for the spring."

With apartments full, developers look for new rental opportunities in downtown Cleveland | cleveland.com
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