Larry1962

Which Bank Ken?

From what I've heard each floor with apartments will have a large co-working area. And they will also have some other amenities possibility including: tenant storage, package lockers, fitness, small theater, ect. The idea is to create a real community by providing spaces for living, working, playing, and socializing. Especially since they will be micro-unit apartments and that they may also be rented out as hotel rooms too. And I'm really looking forward to KJP's upcoming article about this very interesting project with even more details! KJP is our modern day SHERLOCK HOLMES!

From my research about the company named BLUELOFTS that's buying 45 Eireview, they have several buildings where they have already master leased the empty office floors. And using a modular system convert them into smaller sized apartment & hotel suites. In the case of 45 Erieview Tower they will convert the outer areas of each floor into apartment-hotel suites and using the inner core area for co-working and other amenities for their members/customers. They already have operations in Dallas, Houston and Denver. https://www.dallasnews.com/business/real-estate/2018/11/21/empty-office-floors-will-become-bluelofts-live-work-centers-in-dallas-towers/ https://staybluelofts.com/ https://thebishopartshotel.com Podcast about how Bluelofts using modular systems convert offices into apartments: https://podcasts.apple.com/us/podcast/011-bluelofts-turns-vacant-office-floors-into-apartments/

Like KJP talked about in his blog article a couple days ago, it looks like there is a decent chance for the state lawmakers to amend the 10% tax credit law to EXTEND the length by another two years! Legislative fix likely for new state tax credit program for ‘transformational' projects: With $100 million in much-anticipated tax credits set to evaporate on June 30, state lawmakers are exploring ways to preserve the incentives for challenging real estate deals. The Ohio Development Services Agency has been working to roll out a new tax credit program for so-called "transformational" mixed-use projects, which won legislative approval in late 2020. Developers are watching the bureaucratic process with bated breath. https://www.crainscleveland.com/real-estate/legislative-fix-likely-new-state-tax-credit-program-transformational-projects

Here's Cleveland.com version: Whether it eventually will share reciprocal space with Great Lakes Brewing Co., the state’s first craft brewery, remains a question. Great Lakes bought several acres on the peninsula in 2018 but has not developed the land. Last year, it expanded to a 67,000 square-foot canning facility in Strongsville. https://www.cleveland.com/entertainment/2021/04/brewdog-confirms-cleveland-expansion.html My question is since they are just leasing the first floor (10,000 sq. ft.), will they at some point also lease the second floor for private parties? Or will a hip tech company lease it for offices? Can you say fringe benefits? LOL

After reading this update by gg707, I was doing some more research about Brewdog perhaps locating in Cleveland after the company announced their interest in considering doing that 3 years ago. I found that they are currently considering locations in Las Vegas, Cleveland, and a northern suburb of Columbus. BUT what's funny is that I came across this confusion between Cleveland and Columbus: ... Australia is getting its first beer hotel, and it's ale we ever hopped for: The trailblazing brand already has a craft beer hotel in Cleveland, Ohio — which was named one of TIME magazine’s “Greatest Places on Earth” in 2019 — so beer lovers and Brissy locals alike can be incredibly hoptimistic about what’s to come. https://www.delicious.com.au/travel/travel-news/article/beer-hotel-brisbane-brewdog-open-australias-first-craft-beer-hotel/a7pdpxw6 And IF Brewdog does indeed locate on the Scranton Peninsula hopefully, as marty15 already stated, that it will push forward more projects in that area and also perhaps jumpstart the Great Lakes Brewing Project too!!

UPDATE: The $65 million approved Monday will be added to $55 million the city already has toward moving the police department from the downtown Justice Center complex, Dumas said. In addition to the headquarters building, there also will be other buildings on site for vehicles and storage. https://www.cleveland.com/cityhall/2021/03/cleveland-council-oks-borrowing-140m-including-money-for-sherwin-williams-downtown-home-and-new-police-headquarters.html?outputType=amp&__twitter_impression=true

Downtown Cleveland Alliance's business development department is ALWAYS trying to lure new companies to locate Downtown. They are paid by the existing Downtown real estate owners to promote Downtown Cleveland as the best place to Live, Work, and Play. That is one of their PRIME OBJECTIVES, besides the cleaning and safety ambassador program.

After merging operations in 2017, KA Architecture, a NELSON brand, has officially changed its name to NELSON. The completion of this transition marks the full integration of the Cleveland-based architecture and interior design firm with NELSON, a full-service architecture, design, engineering and consulting services organization with nearly 1,100 employees and more than 25 locations nationwide. https://www.prweb.com/releases/2018/05/prweb15452216.htm

WOW, it looks so much better than it did six months ago when I was last there taking pictures! At that point they had the interior done BUT the exterior walls was covered with graffiti and no parking lot either. Brewdog has been talking about a potential Brewpub here in Cleveland for three years now, I just hope it happens! After building there first brewery in the USA in Columbus, they said at that point that Cleveland and Cincinnati would be there next locations. Now three years later they have brewpubs in Cincinnati, Pittsburgh, and Indianapolis...

Here some more pics from a couple of days ago: It does seem like the Intro Apartment Building is ALREADY OVERWHELMING in a good sense! And I'll try to upload better pics later today...

I just seen this in doing some online research and don't know IF it's been mentioned on here yet that Colossal Cupcakes on Euclid Avenue to reopen in TWO WEEKS! 3 WEEKS FROM TODAY WE WILL FINALLY REOPEN OUR EUCLID AVENUE STORE! #0323 @COLOSSALCLE MAR 02, 2021 I understand it had major damage from the May 31, 2020 Riot Downtown. https://www.colossalcupcakes.com

Even though the county consultant three years ago recommend that the private operator of the convention center be able to book all of the meeting rooms and other spaces in Public Auditorium as they do for the convention center...

What's interesting is that the Public Auditorium was the first Convention Center in Cleveland and held several national political conventions back in the 1920's. And I believe it was one of the largest when it was first built. And there are large number of meeting rooms in the basement that hardly ever gets used because when a convention books the county convention center, they also have to separately book these meeting rooms thru the city and it causes alot of extra paperwork ect. Even though the county consultant three years ago recommend that the private operator of the convention center be able to book all of the meeting rooms and other spaces in Public Auditorium as they do for the convention center... https://case.edu/ech/articles/p/public-auditorium&ved=2ahUKEwjahYK-r4DvAhXDElkFHWR5CTgQFjACegQIKxAC&usg=AOvVaw2vITu_mnpkVs_HHCNH4wxr https://en.m.wikipedia.org/wiki/Public_Auditorium

And MAYBE they are thinking and planning for the long term like what Comcast did in Philadelphia by building a series of HQ Towers over a number of years as needed as their number of HQ employees grew. I could easily see SHW build HQ Tower # 2 on top of their new massive parking garage in ten+ years. And then build HQ Tower # 3 on the Jacobs lot in 20+ years from now. There by getting a good 20+ years use of a three story Training Center. And assuming they use ground leases for the developable land along West 6 and also St. Clair to keep control of the property then can always use that land in the distance future for even more HQ Towers. Of course they will also have the option to build office towers in the Brecksville R&D Complex for back office positions to save money... https://comcastcentercampus.com/campus/ ^^^ Our uniquely accessible, five-building urban campus hosts 9,000 of our nearly 200,000 workers and is an integral part of the dynamic community that surrounds it. Designed not only to shape the city skyline but also to reflect our corporate culture and our future-forward vision, our headquarters are where new ideas and innovations come to life.

GORDON SQUARE ARTS DISTRICT is a subset of Detroit Shoreway. And Detroit Shoreway is also home to Edgewater Beach, Cleveland EcoVillage, Lorain Avenue Antiques District ect. https://www.dscdo.org/neighborhood Gordon Square District History: The Gordon Square commercial district dates back over 100 years, including construction in 1911 of the Gordon Square Theatre (originally a vaudeville theater) and the 1921 construction of the landmark Gordon Square Arcade, which included a silent movie house, the Capitol Theatre. The bustling district was home to multiple immigrant groups but faced abandonment and decline in the latter part of the 20th century. In 1984, Cleveland Public Theatre first took up occupancy of the former Irish Social Hall near West 65th Street and Detroit Avenue, expanding its holdings in 1995 to include the Gordon Square Theatre. In 1999, Cleveland Public Theatre together with Detroit Shoreway Community Development Organization (DSCDO)—owner of the Capitol Theatre—unveiled their vision of Gordon Square as an arts district. In 2002, Near West Theatre joined the partnership. A collaborative campaign launched in 2006 that was led by Councilman Matt Zone and co-chairs Albert Ratner, d*ck Pogue and Tom Sullivan. Governed by a Mutual Reliance Agreement, the Gordon Square Arts District capital campaign spearheaded $30 million in fundraising in close collaboration with Cleveland Public Theatre, Near West Theater, and DSCDO. Because of this joint fundraising: The $3.5 million Detroit Avenue Streetscape was completed in 2009 $1 million was invested in parking expansion The Capitol Theatre received a $7.5 million renovation and re-opened in October 2009 Cleveland Public Theatre received $7.8 million in renovations A new $7.3 million home for Near West Theatre opened in spring 2015. The $30 million capital campaign concluded in December 2014. The Gordon Square Arts District board continued to invest in the district with public art and other programming through 2019, at which time it wound down its 501(c)3 operations. Ongoing maintenance, safety and marketing services along Detroit Avenue between West 58th and West 73rd Streets are provided by the Gordon Square Arts District-Cleveland Improvement Corporation (GSAD-CIC), a separate 501(c)3 non-profit organization. DSCDO is responsible for the overall economic development and revitalization of commercial/retail districts within its service area, including the Gordon Square Arts District. https://www.dscdo.org/gordonsquare#gsadhistory

With the NEW CLEVELAND WHISKEY HQ being relocated at the soon to be renovated building at 601 Stones Levee Road. And several other projects to be completed in that area by JOEL SCHEER over the next several years, I assume the city is trying to help him with improving the area infrastructure. Just as City and the local utilities helped the developers of the Scranton Peninsula by completing redoing Scranton Avenue and also Carter Road a few years ago with new concrete roads, signage, new sewers, water and gas lines ect. http://www.jscheer.net/featuredprojects

Maybe the new 3-4 story combination conference, training, museum and retail building on the Jacobs lot will be a place holder? So that in 10 to 20 years or so they can replace it with a new HQ Tower #3 when they run out of additional office space? (Assuming they build the parking garage with the ability to support HQ Tower #2 in the future) Or maybe they will build the multi-user building with cassions to bedrock so that they could add a 40+ story office tower above it at some point in the future? Just like Comcast have built three office towers in Downtown Philadelphia over a number of years as needed.

THANKS KJP for another GREAT ARTICLE and for keeping us and the rest of Greater Cleveland in the loop! Question: What the chances that Weston Group gets to develop the remaining two acres? Because I think that it would be nice IF they could finally bring to fruition part of their original plans for this massive parking crater!

I was reviewing this topic and noticed that back in October KJP had a question about the NEW Plum Market. In this case Bon Appetit is operating this location for Plum Market. And Bon Appetit have a ongoing business relationship with Case Western and they have a number of locations at various colleges across the country. And so it was natural for CWRU to pick them for this location. I believe Dunkin Donuts will be an in store unit. From the article link below: "Plum Market Kitchen, operated by Bon Appétit, will open in January in the redesigned and extensively remodeled Uptown space formerly occupied by Constantino’s Market at 11473 Euclid Ave. Case Western Reserve is the leaseholder." https://thedaily.case.edu/plum-market-kitchen-to-open-in-university-circles-uptown-district/ https://observer.case.edu/richards-bon-appetit-management-company-and-plum-market-kitchen-the-crossover-we-didnt-want/

I'm just wondering IF it's just MISINFORMATION comlng from SHW so that when the actual renderings come out that everyone is really surprised and happy with the unique NEW HQ design and perhaps it's additional height too?? Maybe just wishful thinking on my part. Because KJP does have a VERY GOOD TRACK RECORD with his great reporting!!

You are very welcome my friend!

Tinnerman Lofts project is BEING BUILT BY the Dalad Group in Ohio City. And the project is converting a vacant former manufacturing site into 49 market-rate housing units and a few workforce units and I'm assuming the old house will be the workforce units.

GREAT IDEA! BUT it would require several zoning variances to be allowed to build over the public r.o.w. And I did heard that they are considering building a 20 - 25 story tower on the former Weston lot at the corner of West 3rd Street and Superior Avenue after the main tower is built on the former Jacobs lot. This way they can use that location for a staging yard for the main tower. And that their main parking garage will be built along West 6th Street with the required retail and office space built along the r.o.w. to conceal the garage.

A couple of pics from yesterday: This is REALLY going to be an IMPOSING and NEW LANDMARK for Ohio City and help take the neighborhood to the next level! And I can't wait till we find out who the NEW retailers will be...