Frmr CLEder

There's simply too much new development to count but "The Next Miami" is a great source. I just wish my hometown had even a quarter of the development that's going on in S. Florida.

I love this project and what it can mean for the historically and culturally-significant, yet struggling, Westside Market. I used to shop there (occasionally Central Market too before Gateway) when I lived in Lakewood and always looked forward to the experience.

^ And once again, while initially at the forefront of getting a project on the board, Ohio is going to fall behind.

The amount of TMUD, if any, may determine which version of Nucleus makes it through.

The jenga-like tower appears to be the current trend in architecture. NYC has at least one, Chicago has one, Austin, TX has one and Miami is building one; they're in development globally. https://www.thenextmiami.com/98-story-supertower-waldorf-astoria-hotel-and-residences-miami-will-launch-sales-in-march/

Granted it was 35 years ago, but at that time the only condos close to the CBD were on the Gold Coast in Lakewood. I had one and kinda reverse commuted to UC. I would think that the market should support condo development in the core.

I would think that a restaurant, dry cleaners, liquor, convenience or drug store (Non-CVS; isn't there a CVS on 9th near St. Clair?), at a minimum, would have the potential to be successful. Also, once the Centennial is remediated, more area residents should make that retail space more attractive.

Not sure, but it sounds like they have done more than their initial due diligence if they're selling off multi-million dollar Miami properties. I think that would tend to indicate that they're preparing to make a move.

Not so sure about this statement, after all, Miami is Miami and people flock to and will continue to flock to S. Florida from all over the world. That is, provided global warming doesn't submerge us. The article does confirm however that there are current investment opportunities for expansion of Cleveland's (and Detroit's) urban condo market; both markets are currently ripe for condo development.

^ Short-term, the Miami condo market is over built; there's simply too much available inventory, but it's cyclical. South Florida has undergone a tremendous building boom over the past ten years. Miami is now listed as #3 in skyscrapers behind NYC and Chicago. Most have been condos/mixed use, including my own. https://www.worldatlas.com/articles/us-cities-with-the-most-skyscrapers.html Now its time for Cleveland and Detroit to reap those same benefits; especially when it comes to the urban condo market, as short-term, S. Florida's time has passed.

Miami's high condo inventory and decreasing unit prices causes Spider to divest itself of Edgewater and Miami Beach properties to set its sights on significant upside potential in Cleveland and Detroit. https://therealdeal.com/miami/2021/03/12/spider-nixes-plans-for-edgewater-condo-project-disposes-of-dev-site-for-7m/

^ Who's arguing? Sounds like you and I are in agreement. Some people however, prefer to be contentious and their content is ignored; that's simply who they are.

^ This is spot on, including short-to-intermediate term for SW site.

When I was last in Cleveland (Summer 2019), it was so enjoyable to walk through the FEB, grab lunch, a few cocktails and watch the activity on the river. This will just expand the experience. It was a dramatic difference from the Flats of the 1970s-80s. I do miss Sammy's though.

I still think it was a shame that the Hanna Fountains were removed from the Mall. Before they were removed, there was so much more activity on the Malls.

Their paint is exceptionally good, but I may switch to Behr or Benjamin Moore pending the outcome of this project.

Interesting perspective on where Cleveland's been, where it is and what it needs to do for the future. It begins with managing its debilitating 30+% poverty rate. There's a reason for it. The question is: What will the region do to fix it? https://www.cleveland.com/opinion/2021/02/greater-cleveland-is-primed-for-a-post-covid-growth-spurt-if-it-prepares-brent-larkin.html?utm_campaign=clevelanddotcom_sf&utm_medium=social&utm_source=facebook&fbclid=IwAR3Gb-iZ-syte_psCeF0rsMsP8WQUIOqpGvIQaUZF-uchGAUczo3tgTvARo

Is this supposed to be a blank wall facing PS?

Agreed, over the long haul.

We can refer back 5-10 years from now.

^ From March, 2020 (Pre-SARS-CoV-2 Pandemic). What's the current status?

Let's be real! We're not talking NYC, SFO, CHI, LAS, SAN, DFW, MIA, BOS, SEA, NOLA, IAH, DCA or LAX here. Even in high-demand cities, occupancies are not expected to improve for many years to come. Didn't the city add four new downtown hotels for the RNC five years ago (Hilton, Westin, Drury Plaza, Schofield)? What's their occupancy these days?

^ Given the current state of travel, hospitality and tourism, even in the hottest markets, I wouldn't anticipate any hotel development for many, many years to come.

So the HQ Tower will literally be directly across the street from the ballroom of the Sheraton-Cleveland, Stouffers' Tower City Hotel, Renaissance-Cleveland, or whatever it's called these days, but they want to add a hotel to the HQ site as well?

It simply seems senseless to purchase the Jacob's site and not put a substantial building on it. SW could have achieved its HQ objective on the Weston lots, if that's where they were ultimately going to develop the HQ building.