Jump to content

3231

Moderator
  • Joined

  • Last visited

Everything posted by 3231

  1. I saw that Scranton Rd thing. I mapped it out and it appears to be in the Flats in the same area where Ferchill was going to put his condos. Is it the same thing? What's with 3M and brownfields on Euclid??
  2. 38th and Whitman would be a nice location. How about putting a Starbucks at Jay/W.30th? I hear that there is a parcel there and that the community wouldn't be opposed to a drive thru window in the alley. Oh, but make sure that there is enough parking. The locals really fear a lack of parking. Ok, mission accomplished.
  3. Anyone know how the coffee is at Algebra in Little Italy?
  4. ^Mrs. Good Day brought over some nice coffee this morning. Some sort of hazelnut/toffee smell to it. The coffee you seek is right under your nose, Mr. Good Day!
  5. I'll make some good coffee and invite you two over. Sound good?
  6. ^OSU-Michigan: creating good jobs for Ohioans. ;)
  7. A bit of trivia.. Which two UrbanOhioans tied for first place in last year's competition?
  8. Is that just a part of UC? It seems small. I thought it was a bigger school. Is Cincy St. a community college? Xavier seems to be more surface parking than anything else. UC doesn't appear to have any.
  9. 3231 replied to a post in a topic in Abandoned Projects
    I listened to it. Very cool. Ned Hill is great.
  10. 3231 replied to ColDayMan's post in a topic in Sports Talk
    Where's all the bullpen help that we desperately need?
  11. 3231 replied to a post in a topic in Completed Projects
    Its the Design Review. It also mentions the Southworth building as being a part of the project. Which building is that? from the city's website.. DRC 06-154: 140 Public Square, Park Building/Southworth Building Project, Penthouse Addition, etc. (HGN/Ward 13)
  12. I also heard some similar music being played during the Louisville/WV game a few weeks back. Big name schools would never play such crap. It takes away from the college football atmosphere and makes it XFL-esque. Oh, Rockne would roll over in his grave if ND ever played music like.
  13. 3231 replied to a post in a topic in Completed Projects
    The Park Building project is up for some city approvals this week. They are seeking permission from the city planning commission to build a penthouse on the roof.
  14. Sad news for a small town. I went to college near MV and hate to see it hit hard like this.
  15. 3231 replied to CincyImages's post in a topic in Sports Talk
    Pope's from Detroit :-D
  16. How often does this happen? OSU is number one in both football and men's basketball. Way to go Buckeyes!
  17. 3231 replied to a post in a topic in City Discussion
    ^hilarious!
  18. 3231 replied to a post in a topic in Roads & Biking
    Its and editorial from Crains.
  19. 3231 replied to a post in a topic in Roads & Biking
    Go slowly 6:00 am, November 27, 2006 Tight finances are providing an opportunity for the Ohio Department of Transportation to give another look to its plans to reconstruct Clevelands Innerbelt freeway. We hope ODOT officials use this window of time to re-evaluate a redesign proposal that we believe would do serious economic harm to multiple neighborhoods in the city. Employers in the Midtown, St. Clair-Superior and Tremont neighborhoods repeatedly have voiced their concerns with ODOTs plan to reduce the number of on-off ramps in its redesign of the Innerbelt. They fear the changes greatly would diminish ease of access to their places of business and would give companies a reason to leave or not expand in Cleveland...
  20. Vacancies at pre-recession rates Grubb & Ellis survey finds levels of empty office, industrial space receding markedly By STAN BULLARD 6:00 am, November 27, 2006 The taste for industrial and office space ran so strong among businesses in Northeast Ohio in 2006 that they pushed vacancies down to levels not seen since the start of the decade, according to Grubb & Ellis Co.’s just-completed forecast of year-end market conditions. Industrial vacancy will slide to 9.6% in the 288 million-square-foot industrial market in Northeast Ohio by year-end from 10.5% a year ago. The 9.6% rate is the lowest since it stood at the same figure in 2000. A recession that began in 2000, plus the terrorist attacks of 9/11 and the manufacturing woes of the Midwest, pushed Northeast Ohio industrial vacancies as high as 12.8% by year-end 2002. Meantime, the vacancy-plagued office market continues its march toward recovery. Grubb & Ellis estimates Northeast Ohio office vacancy will fall from 21.4% last year to 18.5% by year-end — the lowest since it stood at 17% at the end of 2001. The survey covers 37.7 million square feet of multitenant office buildings larger than 40,000 square feet. Downtown office vacancy will be 20.4% by year-end, which is down significantly from 24.2% a year ago and is at its lowest level since hitting 20% in 2000. Grubb & Ellis estimates suburban vacancy will sit at 16% at year-end, down from 18% a year ago and below the 17% vacancy rate seen at year-end 2001. “This is a pretty healthy story,” said Bob Nosal, managing director of the Cleveland office of Grubb & Ellis. “No wonder those guys from the outside are coming in.” Mr. Nosal referred to out-of-town buyers who have bought or are preparing to buy industrial and office properties in the region. These outsiders have been enticed by occupancy levels and rents that are improving and properties that are bargains compared with other parts of the nation. Happy to say the S-word The decline in industrial vacancies occurred even though construction of industrial space this year climbed to 1.6 million square feet, twice the 800,000-square-foot total of 2005, Grubb & Ellis reports. Most industrial construction is built to specification for customers who cannot find what they want in the market. Little speculative rental construction is under way because rents haven’t risen enough to cover higher construction costs for developers, said George Stevens, a vice president in Grubb & Ellis’ industrial unit. Terry Coyne, director of Grubb & Ellis’ industrial unit, said he is “really impressed with these numbers.” “I’m also really impressed that the deals are due to manufacturers growing or manufacturers needing warehouse space,” Mr. Coyne said. The reappearance of manufacturers is a marked change from earlier in the decade, when warehouse operators building distribution centers accounted for most of the industrial activity. Mr. Stevens said the industrial market is strong enough that even “ugly buildings,” or older structures with 14-foot-tall ceilings rather than much-sought newer buildings with ceilings up to 30 feet tall, are selling. He noted he’s seeing sellers once more receive multiple bids for properties in some areas, such as the centrally located Interstate 77 corridor. The S-word, or shortage, even is back in the industrial broker’s vocabulary in some parts of town. “Look at the West Side,” said Michael Petrigan, a Grubb & Ellis vice president. “Nothing is available.” 'Real growth' downtown In the office market, the activity level among downtown’s skyscrapers surpassed that in the suburbs. Absorption, which measures the change in the volume of occupied space, was 316,954 square feet downtown compared to 279,578 square feet in the suburbs, Grubb & Ellis reports. Office tenants reduced the volume of vacant office space downtown by 11% to 4.3 million square feet this year from 4.8 million square feet last year. That volume of space is similar to filling a building almost the size of the 31-story One Cleveland Center skyscraper. Vacancy among class A, or top-tier, buildings downtown will decline by year-end to 11% from 12% last year. “A lot of years we’ve seen companies move from point A to point B with no impact on the market,” said Jeff Cristal, director of Grubb & Ellis’ office unit. “But this year we’ve seen companies come in, such as Quicken (Financial Services Inc.), that are new to the market. That’s real growth.” The tightening up of the downtown office market means tenants will pay more, or receive fewer concessions, for cutting deals downtown than they would have last year, said Alex Jelepis, a Grubb & Ellis vice president who specializes in the office market. However, the west suburbs broke stride this year with the rest of the suburbs. Office buildings in the west suburbs will see a vacancy spike, to 19.6% by year-end from 17% last year, in contrast to declining vacancies in the rest of the market. The increase is because the office component of Crocker Park opened this year and added space to the market, Mr. Nosal said.
  21. Corner Alley gets ready to roll By JOHN BOOTH 6:00 am, November 27, 2006 Ari Maron’s vision of a revitalized downtown Cleveland corridor includes this snapshot: “You’ll walk down Euclid Avenue,” the partner at developer MRN Ltd. said, “and see bowling balls rolling past.” The project that will make that vision a reality is set to be unveiled Dec. 7, when The Corner Alley and the 4th Street Bar & Grill opens after more than a year of work at the southeast corner of Euclid Avenue and East Fourth Street. The 25,000-square-foot combination bowling alley, martini bar and 100-seat restaurant will employ between 95 and 110 workers and seven salaried managers. The three-in-one destination concept is the brainchild of California-based Trifecta Management Group, a restaurant development company that announced the venture in October 2005. Trifecta’s chief executives previously worked for GameWorks, which operates a chain of arcade-and-bar venues, some of which include bowling lanes. “Bowling is just something exciting, something that everyone knows how to do,” said Trifecta managing partner Ron Lam. He sees the Cleveland venture as a good choice for people “who don’t really want to go out and dance,” and it “doesn’t feel like a ‘pick-up place.’” Fellow Trifecta managing partner Mike Auger estimated the project’s cost at around $250 per square foot, which would give it a price tag of roughly $6.2 million. Three buildings — the former Wendy’s and McCrory department store among them — were subjected to interior overhauls to accommodate the 16 bowling lanes and their surroundings. “There is an essentially new foundation and new steel structure that is holding up the building where we had to take out the bearing walls,” Mr. Maron said. “But in as many places as we could, we kept the walls that separated the spaces from one another, so that as a visitor, you can tell that these were at one time separate spaces.” That means in some places, columns will stand between bowling lanes, and original sections of wall will remain suspended from the ceiling. Some molding and other old architectural features also have been restored. Local architect John C. Waddell, president of Waddell and Associates, oversaw the design. A dozen of the bowling lanes will run from east to west, visible from outside on Euclid Avenue, with four more set in a private party room themed to reflect the street’s heyday as “Millionaires’ Row.” “What we try to do is customize the experience to specific locations and communities,” said Trifecta managing partner Bruce Nussbaum. “We have no plans to build 20 identical boxes and go public.” Buzz about The Corner Alley already has produced tangible results, according to Mr. Auger. “We’ve already contracted over 25 (bowling) parties from the local business community,” he said. “The idea is very powerful. That’s something that’s really the best indication of why it’s going to be a success.”
  22. I also saw the CNN story on TV. Cool to see some CLE stuff on CNN.
  23. 3231 replied to a post in a topic in Completed Projects
    I noticed that as well. Looks great.
  24. I'll be very curious to see what Peter Walker comes up with for the Clinic's campus. He's supposedly one of the most expensive LAs out there.
  25. All I have to say is..settle down. Its nothing new.