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Old 10-04-2011, 02:11 PM
 
Location: Portland, OR -> Rocky River, OH
869 posts, read 1,278,311 times
Reputation: 652

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This potentially could transition into a new condo/apartment tower in Downtown Cleveland:

Harbor Group International buys 10-story parking garage in downtown Cleveland


http://www.crainscleveland.com/apps/...FREE/111009957

from the article:

"Mr. Litton said the ability to build apartments or condominiums above the garage was a bonus from the purchase. He said Harbor Group would not develop the air rights over the garage itself but would consider selling them to another developer."

I've heard the foundation could support a 20-story tower.
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Old 10-04-2011, 02:42 PM
 
236 posts, read 462,283 times
Reputation: 112
Quote:
Originally Posted by usaf_1832 View Post
This potentially could transition into a new condo/apartment tower in Downtown Cleveland:

Harbor Group International buys 10-story parking garage in downtown Cleveland


http://www.crainscleveland.com/apps/...FREE/111009957

from the article:

"Mr. Litton said the ability to build apartments or condominiums above the garage was a bonus from the purchase. He said Harbor Group would not develop the air rights over the garage itself but would consider selling them to another developer."

I've heard the foundation could support a 20-story tower.
Great article! Thanks for sharing...
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Old 10-06-2011, 12:18 PM
 
Location: Portland, OR -> Rocky River, OH
869 posts, read 1,278,311 times
Reputation: 652
Heck yeah! 4-star hotel:

Crowne Plaza in downtown Cleveland sold; Optima, Sage plan $64 million overhaul as a Westin hotel | cleveland.com
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Old 10-06-2011, 01:48 PM
 
236 posts, read 462,283 times
Reputation: 112
Default Great!

Hey! You beat me to the punch... Glad to know that we're all extremely excited about what's going to happen here in C-Town. In 2013 - 2014, Cleveland will be completely different, refreshed, revitalized and will bring more job opportunities. Businesses are even leaving the suburbs and moving straight downtown.
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Old 10-06-2011, 03:07 PM
 
Location: Cleveland Suburbs
2,554 posts, read 6,903,195 times
Reputation: 619
There are a lot of hotel renovations going on downtown right now with all the new construction. I hope with the one company buying the parking garage, we can see residential construction go forward like what was originally planned. There is such a high demand for downtown living, it would be dumb to forget about the original plans.
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Old 10-06-2011, 03:32 PM
 
4,361 posts, read 7,177,213 times
Reputation: 4866
My inside source says that the 515 garage condo development is a done deal. HGI supposedly inked the deal with a developer awhile ago. We shall see...
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Old 10-06-2011, 04:05 PM
 
Location: Cleveland, OH
3,844 posts, read 9,285,962 times
Reputation: 1645
Quote:
Originally Posted by Cleveland_Collector View Post
My inside source says that the 515 garage condo development is a done deal. HGI supposedly inked the deal with a developer awhile ago. We shall see...
^I would seriously consider buying a condo there, strictly for the location...even sight unseen.
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Old 10-06-2011, 04:08 PM
 
Location: Cleveland Suburbs
2,554 posts, read 6,903,195 times
Reputation: 619
Quote:
Originally Posted by Cleveland_Collector View Post
My inside source says that the 515 garage condo development is a done deal. HGI supposedly inked the deal with a developer awhile ago. We shall see...
I truly hope that's the case. I am really getting use to seeing all these construction cranes around.
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Old 10-07-2011, 10:23 AM
 
Location: Portland, OR -> Rocky River, OH
869 posts, read 1,278,311 times
Reputation: 652
Quote:
Originally Posted by Cleveland_Collector View Post
My inside source says that the 515 garage condo development is a done deal. HGI supposedly inked the deal with a developer awhile ago. We shall see...
Any other details u allowed to reveal?

When will they start construction?
How tall will/can it be?
Will there be apartments too?

Thanks!
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Old 10-07-2011, 12:27 PM
 
Location: Cleveland, Ohio
233 posts, read 455,043 times
Reputation: 80
Quote:
Originally Posted by usaf_1832 View Post
Any other details u allowed to reveal?

When will they start construction?
How tall will/can it be?
Will there be apartments too?

Thanks!
Well I know that it can reach 20 stories
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