Htsguy

I would have taken Bridgeworks over Erieview any day. Still don't trust the Kassoufs to follow through.

By the way, the two Columbus projects gobbled up almost 40 mil so only 50% of the big city credits left.

Okay I have been holding off posting this for more than an hour but how is it that the Columbus Business Journal is announcing TMUD awarded for two Columbus projects but nothing else has been announced. To quote the article "the awards were announced at Wednesday's Ohio Tax Credit Authority meeting". Could it be they had a reporter in the room at the meeting but the formal announcement has not been made by the Authority yet?

Those are two good guesses. Actual development of that parcel is probably a number of years away.

Maybe they can go hat in hand to the city and county and beg for $$ to make up the funding gap. The last month or so I have watched principals from Fairmount Properties appear before both Cleveland City Council and Cuyahoga Council on bended knee asking for support to make up an unanticipated funding gap (due to inflation and supply side problems supposedly) on its Clinic project which is well underway. Asking for way more $$ than what the owners are proposing in additional equity contributions to fill the gap. Of course this project has an advantage in this regard as it is already underway, has the strong support of the administration and they have been emphasizing the fact that they are building in a economically disadvantaged neighbor and bringing a grocery store to the project. You get a bit more sympathy from public bodies painting that picture than saying you are bringing in a boutique hotel and neat coffee shop. Will be interesting to see what happens. I am rooting for them.

Sorry but the decision was wrong on so many levels legally that it is almost a joke. It will be overturned in the Court of Appeals if it is not settled.

^To be fair I think at least Stark had a vision and started a conversation about the warehouse district. He just didn't own the land and certainly did not have the resources to carry out something so extensive. Weston actually owned the land and then simply published a picture and said "wouldn't this be nice on our land". Quite frankly Weston probably did not have the resources either and it was some sort of marketing ploy for the land. We see that a lot with these "conceptual vision renderings" which have no chance in hell of happening. A favorite of mine from a pretty picture stand point was the one 7-8 years on Jacobs land on the west bank of the flats. Sorry if I sound grumpy but after more than 50 years of development master plans for parcels all over the city ( some multiple times on one particular site) that turn out to just be hype, I am some what over it. I know this happens all over, even in places like New York and Chicago, but it just starts to wear on a person. I guess one good thing is that they do foster discussion about urban development in general.

Weston really never had a "plan". They just had some pretty conceptual pictures which an in house intern probably created.

I have to say I really find that fascinating.

About 7-8 years after the 12 team playoff system goes into effect, I would like to see a study done comparing the 5 year graduation rate of college football players at the top schools pre and post expansion. Some actually do go to college to earn degrees.

You are correct. It isn't clear. So far Bedrock has been big into hugely hyped press events without a lot of concrete information. This tactic is actually starting to get old. That said, I would not be surprised if, in long run, they will be seeking not only infrastructure improvements (which of course are needed and should be within the public realm) but some sort of public financing for actual buildings if Bedrock's development history in Detroit is a guide. Again the well in Cleveland is not that deep and I stand by that.

Does anybody know who the developer is? I haven't seen this demo before any of the commissions yet so I not sure this is a done deal. Obviously don't know what the inside is like but the outside looks pretty solid. Demo approval may be tough.

when it comes to office space Landmark is a dated nightmare, and would probably cost a fortune to bring up to modern standards if that is even possible given the floor plates. Even turning it into residential is probably going to be a challenge as I believe there is a ton of square footage very distant from windows.

Especially when they will be competing for funds with whatever is FINALLY presented for the lakefront and given public officials (especially city council) who will be skeptical to say the least (the usual council argument... too much investment in downtown at the expense of the neighborhoods). I mean it really is a bit of fantasy if they are looking for extensive public financing, which I am sure they are. Look at all the time and effort it took to get Irishtown Bend Park financed. It appears to me that Canal Basic Park still struggles to find funding even though it has been around forever. At today's Planning Commission meeting it was revealed that the the Loarain Avenue bike way, another long standing project, is not even half funded and it did not appear like they knew at this point where the additional money will come from. I am not quite sure that the Superior Midway is fully funded, and even if it is construction will not begin until 2025. I am sure Bedrock is going to have its hands out like it does in Detroit, but I don't think these pretty pictures are going to help much.

That surprises me about your condo. A friend of mine sold his very old Cleveland Hts condo this past month in about a week with multiple bids. Fourth floor of an old building with no elevator and it really could use some work. Got his asking price which I thought was high in the first place (what do I know).

Not only that but the wise old souls on Landmarks kept blasting them because they connected the new construction to the older house on Ford. They went round and round on this point and I think the owner's reps head was going to explode, especially after all they have been through to date and after providing the commission with a number of good reasons why this was done. It was like talking to a wall as usual.

I like visions. Hopefully there is $$ to pay for it. Too often that is not the case in Cleveland.

I tried to send you a private message to keep this thread on topic but apparently you cannot receive private mail.

I just wish they would finally get ride of the stupid name. There have to be scores of deserving people from the neighborhood it can be named after.

Mr Geiser was my social science teacher in jr. high. I could see him saying that with a twinkle in his eyes.

Not to go off topic but according to an on line meeting I recently viewed, construction on the Midway will not begin until 2025 according to the current time line (design work has not even started-still in community engagement phase). Of course, add two or three years to that...just because.

No. I know Tucker and Ellis offices are located there. I am sure there are others although Tucker and E&Y are probably the two biggest tenants.

Planning Commission likes to beat its chest when it is a little guy developer to make up for the those times when it is emasculated and its opinions are simply ignored with a smirk and a smile. Can you say Sherwin Williams?

The developers were before the Board of Zoning appeals this week and were granted their requested variances. Looks like they should be ready to go in the new year like @KJP suggests and are clearly doing all the necessary leg work to make that happen.

Plus @KJP has explained in the past, Bedrock is probably no longer interested in the Nucleus site. The focus of their future development will be behind Tower City and along the river. However, as @marty15 has suggested, any trigger on that planning is probably on hold for the reasons he stated. So bottom line, at this point the Nucleus site is in the hands of Stark and will probably be a parking lot for a long time unless they sell it to another developer.