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SixthCity

Key Tower 947'
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Everything posted by SixthCity

  1. Nothing, it's not part of the scope. Could give it a nice new neighbor though. Indeed, however I remember hearing chatter that the City was trying to negotiate with Greyhound to relocate and use this station as a possible development site. I don't remember what, if anything, happened of the conversation.
  2. Excellent - I wonder what this means for the fate of the Greyhound station?
  3. SixthCity replied to a post in a topic in Sports Talk
    Read this regarding "the curse" http://fivethirtyeight.com/features/god-doesnt-hate-cleveland/
  4. ^ Well, we are the "Forest City", right? :-)
  5. Pretty much, I've been able to hail them easily on the weekends.
  6. It's not just you - I've been happy to find it very easy to get cabs from downtown, Ohio City, and even University Circle. I couldn't say the same thing a couple years ago.
  7. ^ I hail cabs all the time downtown. That's bizarre.
  8. Yeah, the developer's timeline for this project was super ambitious IIRC - I'm not surprised they are behind, although it would be nice to see some movement.
  9. SixthCity replied to a post in a topic in Sports Talk
    Take with a grain of salt: DJ Stephfloss (a dj from Cleveland who is friends with LeBron) just posted this on his instagram: If I'm not mistaken, those are Cavs colors and "The Banquet" plays nicely into the Cavaliers and "King" imagery. LeBron had a meeting with Nike earlier today.
  10. :evil: :evil: :evil:
  11. A gas station across the street from a rapid stop, that's rich.
  12. Well goddamn, that is amazing. Thanks for the history lesson.
  13. :-D :-D :-D Check out the flattering opening paragraph. Cleveland Apartment Construction Reaches Five-Year High "Cleveland—More and more people are moving to the Cleveland metro area, attracted by the steady economic growth and the new development in the city’s downtown, where developers are building everything from hotels, to retail, to housing. These projects have made the area more popular with young adults looking for the live-work-play lifestyle. According to Marcus & Millichap’s Cleveland Apartment Market Report, for the second quarter of 2014, the downtown population has increased more than 50 percent over the past 10 years and is expected to reach 15,000 by 2015." also "The growing rent and the stable economy have also attracted investors to the Cleveland area." http://www.multihousingnews.com/market-data/cleveland-apartment-construction-reaches-five-year-high/1004104636.html
  14. Spaces unveils preliminary design for proposed new home in Ohio City's Hingetown (slideshow) "A sheath of bright, chartreuse-colored aluminum panels would wrap the northwest corner of the proposed new home of Spaces gallery in a former industrial building in Ohio City, according to the latest renderings released by the cultural non-profit. While raising $1.5 million to make the gallery's relocation possible, the organization is also planning for renovations to its proposed new home in Ohio City's Hingetown neighborhood." http://www.cleveland.com/architecture/index.ssf/2014/07/spaces_reveals_design_for_prop.html#incart_river_default
  15. Standard Building fetches $3.9 million in sale to Weston, Inc. for apartment conversion "CLEVELAND, Ohio -- A downtown Cleveland office building owned by a labor union for the last 90 years changed hands Tuesday for $3.9 million. Real estate records show that Weston, Inc., a Warrensville Heights developer, closed its purchase of the Standard Building on Tuesday morning. The Plain Dealer reported Monday that Weston was acquiring the 21-story building for an apartment conversion that could start next year." http://www.cleveland.com/business/index.ssf/2014/07/standard_building_fetches_39_m.html#incart_river_default Note: Wow, 3.9 million is insanely low but I assume the Union couldn't maintain it and had to take what it could get. I wonder what the effect on the comp calculations will be because of such a low selling price in the heart of the CBD.
  16. First renters move into former East Ohio Building, now the Residences at 1717 (gallery) "Now dubbed the Residences at 1717, the East Ohio Building lived its first life as a modernist office tower. The K&D Group, an apartment developer and manager based in Willoughby, bought the empty building last year and launched a residential conversion that should be finished next spring. The first two floors of apartments opened on Tuesday. Doug Price, K&D's chief executive officer, expects to open two additional floors every three weeks, until the 21-story building is full. Half of the 223 apartments have been leased." http://www.cleveland.com/business/index.ssf/2014/07/first_renters_move_into_former.html#incart_m-rpt-1
  17. The % of affordable units is contingent on the funding source. For example, the Tremont Pointe project was funded through the Hope VI federal program and is 50% market rate and 50% subsidized. 90% of new low income housing is built by the private market using Low Income Housing Tax Credits (LIHTC). Developers apply for and chose to have 20% or 40% of the units subsidized and are awarded the appropriate LIHTC amount in return. Of course, developers can also chose to offer up to 100% at subsidized rates. Also, there are some parcels have HUD restrictions attached to the deed. This was an early consideration in the Upper Chester project which had HUD restrictions on some of the parcels requiring them to be offered at subsidized rates. Luckily, HUD released those deed restrictions but only in return for a low income component to be added to the project (I think they decided on low income senior housing). Tremont Pointe: http://blog.cleveland.com/cribnotes/2009/04/tremont_pointe_among_affordabl.html LIHTC: http://en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit Upper Chester: http://www.cleveland.com/business/index.ssf/2012/11/upper_chester_development_plan.html
  18. Here's the million dollar question: How do we control this?
  19. Is crime really getting worse in the Heights (as it seems) or is this increased attention the product of the Northeast Ohio Media Group's restructured reporting scheme? Do we have statistics on this? How about those who live in the Heights - does crime seem to be better, worse or about the same to you?
  20. Does this warrant a new thread?