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30 minutes ago, marty15 said:

Another great job @KJP! Now are those confirmed CityBlock tenants? Or speculation based on the renderings?

 

Also, I don’t understand why they haven’t done anything with 45 Erieview. It’s an attractive building. Always liked how it provides a graceful entry to downtown via E. 9th with its curved facade. 

 

Not yet confirmed

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

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5 minutes ago, sizzlinbeef said:

 

So what we learned is that Somera Road really has a thing for buildings that were built for the Ohio Bell Telephone Company.

 

Yes, I was thinking about how to include that in the article without it sounding forced! ?

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

8 hours ago, KJP said:

Superior-East+20s-Sept2018.jpg

 

WEDNESDAY, OCTOBER 9, 2019

Rebuilding Cleveland's CBD office supply

 

A decaying, aging hulk of a building in or near downtown today could be tomorrow's next premier, Class A office space. Why? Because that's the most economical way that new office space can be added to Cleveland's Central Business District (CBD).

Absent a sudden jump in rents, new public subsidies or a large company pursuing a new building for itself, adding new CBD office space has proven to be extremely difficult. For those reasons, groundbreakings for two new-construction speculative office towers have been postponed indefinitely -- a 24-story high-rise at nuCLEus and a 10-story mid-rise at Market Square in Ohio City.

Developers of both projects sought to create or tap unusual public financing mechanisms that have failed to materialize so far. The reason public financing is needed is because Class A office rents of $23.75 per square foot in Cleveland's CBD don't come close to covering the cost of construction.

 

MORE:

https://neo-trans.blogspot.com/2019/10/rebuilding-clevelands-cbd-office-supply.html

 

 

 

Another great article!!

Do you know which of these projects maybe started first?

 

And in what type of timeline?

7 hours ago, sizzlinbeef said:

 

So what we learned is that Somera Road really has a thing for buildings that were built for the Ohio Bell Telephone Company.

 

Probably because IF these buildings was built partly to house some of the old style really heavy CENTRAL OFFICE BELL SYSTEM EQUIPMENT then they had to be designed for really heavy loads and could be used for any type of offices, data center, retail, pretty much anything.

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Thanks. I wouldn't be surprised to see several projects occur simultaneously -- CityBlock, CrossCountry HQ, 1020 Bolivar. But if I had to pick one, I would think the CrossCountry HQ might progress first and fastest because it can be advanced building by building.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

8 hours ago, sizzlinbeef said:

 

So what we learned is that Somera Road really has a thing for buildings that were built for the Ohio Bell Telephone Company.

 

Talking about  Somera Road Inc. here's a interesting short article about the company's game plan in general and about Michael Fralin their General Counsel.

 

https://www.vanguardlawmag.com/case-studies/michael-fralin-somera-road-inc/

Edited by Larry1962

8 hours ago, sizzlinbeef said:

 

So what we learned is that Somera Road really has a thing for buildings that were built for the Ohio Bell Telephone Company.

 

8 hours ago, KJP said:

 

Yes, I was thinking about how to include that in the article without it sounding forced! ?


@KJP  What I saw and I learned was that Somera purchased the 1020 Bolivar OH-Bell building from Frangos group, which I’m assuming is the same Frangos Group that owns 3.5 acres on E. 14th?  If so, do we think this $10+mil deal is a part of them gathering funds for their big development on the E.14th properties??

 

To quote the companies tweet in June 2018 “DOWNTOWN CLEVELAND DEVELOPMENT — THE BIGGEST SURPRISE IS YET TO COME — 2020”

 

Thoughts? Have any of your sources heard anything?

  • Author

I don't think Frangos Group knows what they're doing when it comes to real estate development. They may someday partner with a bonafide developer to build on that 3.5-acre swath of land Frangos has amassed or they may just sell it.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

10 hours ago, NR said:

 


@KJP  What I saw and I learned was that Somera purchased the 1020 Bolivar OH-Bell building from Frangos group, which I’m assuming is the same Frangos Group that owns 3.5 acres on E. 14th?  If so, do we think this $10+mil deal is a part of them gathering funds for their big development on the E.14th properties??

 

 

 

Here's a new video tweet promoting the rehab of 1020 Bolivar, which would seem to preclude any tear-down for new construction - for now anyway.

 

.

Remember: It's the Year of the Snake

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They have their end-user. I just can't report it for now. But's a really cool project. When the end-user signed on for this project, that was probably the last hope for Millennia to include offices in its rehab of 925 Euclid and still make the historic tax credit deadline.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

Very intriguing project. Hopefully this and eventually the Spaghetti condo tower can really ignite the transition for the erie court and prospect triangle. 

13 hours ago, KJP said:

They have their end-user. I just can't report it for now. But's a really cool project. When the end-user signed on for this project, that was probably the last hope for Millennia to include offices in its rehab of 925 Euclid and still make the historic tax credit deadline.

Since it will take a couple years for Millennia to do a total rehab of the 925 building, can't they still reserve certain floors for office space in the hope that they will be willing tenants by that time frame?

Edited by Larry1962

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5 minutes ago, Larry1962 said:

Since it will take a couple years for Millennia to do a total rehab of the 925 building, can't they still reserve certain floors for office space in the hope that they will be willing tenants by that time frame?

 

Not unless there's a substantial anchor tenant willing to take 10-15 percent of the office space right off the bat. There's still a lot of nervousness about filling office space, especially when rents are so low and public incentives are lacking. By contrast, on the residential side, there's decent rents that are still rising, more public incentives and there's a very good chance that your building will fill up in 18-24 months of opening. 

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

5 hours ago, KJP said:

 

Not unless there's a substantial anchor tenant willing to take 10-15 percent of the office space right off the bat. There's still a lot of nervousness about filling office space, especially when rents are so low and public incentives are lacking. By contrast, on the residential side, there's decent rents that are still rising, more public incentives and there's a very good chance that your building will fill up in 18-24 months of opening. 

I'm surprised the lag is 18-24 months.  In Downtown, I surprised it's not closer to 12-15 months.  Occupancy rates are in the 90% range. Strange.

^It will take a while to fill 925 building since it's about the same sq. ft. as KEY TOWER.

Edited by Larry1962

On 10/11/2019 at 2:04 PM, Larry1962 said:

^It will take a while to fill 925 building since it's about the same sq. ft. as KEY TOWER.

Just the residential space?  I'm only speaking about residential units/space only.

Tri-C's Metro Campus has been undergoing a massive transformation from brutalist fortress to connected community and has an amazing new feature in the latest issue of Properties Magazine. The campus used to be divided from its surrounding neighborhood, including tall barriers and an actual moat. Now, graceful plazas and lush plantings extend the campus out into the neighborhood, creating new public spaces and a welcoming campus environment.

 

"It is bigger than landscaping and waterproofing. It is about making meaningful connections for people." - Alex Pesta, Planning Principal with City Architecture

 

http://digital.propertiesmag.com/publication/?i=626166&ver=html5&p=23

Tri-C 13 low.jpg

Edited by urbanetics_

^Imagine how good it would look with a new Blue Line train on a new Waterfront Loop down Community College Ave to East 30th and back to the existing Rapid lines. Dream big!

 

DB3E64FD-9F36-4332-B360-1C1DD7ED3B07.thumb.jpeg.8da039c2dda33070a04affca2e277248.jpeg

  

 

 

 

 

When is the last time I-71 turned a profit?

2 hours ago, Boomerang_Brian said:

^Imagine how good it would look with a new Blue Line train on a new Waterfront Loop down Community College Ave to East 30th and back to the existing Rapid lines. Dream big!

 

DB3E64FD-9F36-4332-B360-1C1DD7ED3B07.thumb.jpeg.8da039c2dda33070a04affca2e277248.jpeg

  

 

 

 

 

This is a UrbanOhio wet dream. This would be my favorite project ever.

A continuous loop would make catching multiple sporting events all the more easier in a single day, all the while grabbing a good bite to eat and finding some extremely cheap parking. This is necessary to prove Cleveland is a connected and not a one way city.

On 10/12/2019 at 9:19 PM, MyTwoSense said:

Just the residential space?  I'm only speaking about residential units/space only.

 

IF the 925 building is mostly apartments it will be like trying to lease the entire KEY TOWER as a APARTMENT TOWER and so YES I'll take a good amount of time to fully lease that large amount of sq ft!

 

Now IF they include a sizable amount of Office, Hotel, and Retail space....then of course I'll take less time.

 

And I'm sure I'll be a mix use project.

 

Just think of having hundreds of built in CUSTOMERS if say you a restaurant or a drug store or a convenience store located in the building that provides FREE DELIVERIES TO RESIDENTS, especially on those -10 below weekends with a foot of snow and you off for the weekend!!

 

Wasn't sure where to post this, so please move to proper thread. 

 

 

9 hours ago, ASPhotoman said:

Wasn't sure where to post this, so please move to proper thread. 

 

 

These are generally in the Cleveland Marketing thread.

of all the recent one of these promo videos, this is one of the better ones. I wish it didn't cut between scenes so rapidly as it did---i know that's intentional--the style to be fast-moving, but just wish it was a little less rapid, but overall I thought it was very good.

 

8 minutes ago, Pugu said:

of all the recent one of these promo videos, this is one of the better ones. I wish it didn't cut between scenes so rapidly as it did---i know that's intentional--the style to be fast-moving, but just wish it was a little less rapid, but overall I thought it was very good.

 

That is why it's on a medium that you can control.  You can control the speed of the video.

11 hours ago, KJP said:

 

This is very interesting. Especially considering what is happening in California right now.
"This is also the opportunity for us to be innovative and create something that has never been done to this scale before."
I did a quick search and found that GE has a page for it but not much built work. Cleveland would be ideal to get some of those long dreamed of wind turbine farms going.

https://www.gegridsolutions.com/PowerD/catalog/microgrid_smart_cities.htm

Sorry if this is a bit off-topic, but wasn't sure where to ask this.

 

We see this view of 75 Erieview every day from our offices, and I've often wondered what the small section of red squares was about. The first time I noticed it (years ago), I wondered if it was a test to see whether they wanted to paint the whole facade red (obviously not, as it's stayed this way). Now I don't know if I'd care for an entire red facade, but I do think the red is interesting — and could work if it were a little more widespread. Seems sort of random the way they have it.

 

 

A coworker wondered if it was to memorialize Aliza Sherman, who was murdered nearby a few years ago, but it seems really unlikely to me that a building owner would be okay with that sort of thing. Not a great way to attract new tenants.

 

Anyway, if anyone knows more, I'd appreciate the insight. ??

 

IMG_3731.thumb.jpg.53ed1099f79e67d9af2370e95d237298.jpg

From what I recall when walking past here earlier this year, it is the front entrance to Broadvox Technology Center

I walk by there occasionally on my way into work. As of about three weeks ago, there were contractors onsite.  At quick glance, it appeared that they were framing up some new office space.

Edited by West153

5 hours ago, Paul in Cleveland said:

Sorry if this is a bit off-topic, but wasn't sure where to ask this.

 

We see this view of 75 Erieview every day from our offices, and I've often wondered what the small section of red squares was about. The first time I noticed it (years ago), I wondered if it was a test to see whether they wanted to paint the whole facade red (obviously not, as it's stayed this way). Now I don't know if I'd care for an entire red facade, but I do think the red is interesting — and could work if it were a little more widespread. Seems sort of random the way they have it.

 

 

A coworker wondered if it was to memorialize Aliza Sherman, who was murdered nearby a few years ago, but it seems really unlikely to me that a building owner would be okay with that sort of thing. Not a great way to attract new tenants.

 

Anyway, if anyone knows more, I'd appreciate the insight. ??

 

IMG_3731.thumb.jpg.53ed1099f79e67d9af2370e95d237298.jpg

 

As a reminder here some older cleveland.com articles about 45-55-65-75 Erieview Plaza Buildings:

 

Alto Partners buys 55 Erieview, strikes deal for 65-75 Erieview in downtown Cleveland:

 

https://www.cleveland.com/realestate-news/2017/01/alto_partners_buys_55_erieview.html&ved=2ahUKEwjGnYCsyLPlAhVQrp4KHYvhDkcQFjAAegQIARAC&usg=AOvVaw3D3J3rpRxM5BxTD9Hrf2Cv

 

 

45 Erieview office tower in downtown Cleveland, half empty, sells in off-market deal:

 

https://www.cleveland.com/realestate-news/2016/12/45_erieview_office_tower_in_do.html

 

Why are you confused @Terdolph?

  • Author

Didn't know where else to put this...

 

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

Separate streets/areas, but the Chase branch on Euclid/bluebridge building has signage up (maybe it's been up, I just noticed it).

 

And the first floor (former retail) of the parking deck across from the Westin is pretty much all cleared out- is this going to be retail again?

20191024_130845.jpg

 

20191025_125637.jpg

Edited by GISguy

  • Author
5 minutes ago, GISguy said:

Separate streets/areas, but the Chase branch on Euclid/bluebridge building has signage up.

 

And the first floor (former retail) of the parking deck across from the Westin is pretty much all cleared out- is this going to be retail again?

 

20191025_125637.jpg

 

All commercial, yes. Could be offices, retail, restaurants, etc.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

Darn! I was really hoping Chase would occupy the entirety of the former M Lang Clothing spot.  Oh well, this is still a great addition!

Prismatica, the new interactive art installation in Public Square, is SO cool!!

 

Plus it’s great to see so many people out and enjoying it as well. It was packed when I was there tonight - everyone happy and joining together downtown. An incredible sight to see and atmosphere to be a part of.

B1B46B95-2B0D-4BCE-8BC4-2A22EA2F19A0.jpeg
 

C4279D1F-66C0-4473-8BAB-09971DC0050C.jpeg

 

7E6D3A43-C615-4F9F-A324-049549A79EC7.jpeg

 

9A7A9A06-4D6D-4D71-A359-BFA49592A638.jpeg

 

24BEAC46-904E-4379-BD9D-1EC5E13A4398.jpeg

Edited by urbanetics_

I wouldn't mind if those were even permanent. I would actually prefer it that way.

9 hours ago, tastybunns said:

I wouldn't mind if those were even permanent. I would actually prefer it that way.

Agree.  Look at all the people outside, in the dark, socializing with one another.  These same people will probably 'gram and place on social media.  Once they leave this installation, they will probably eat,  drink and party Downtown.

 

You wont hear on the news how cool and interesting this is.  Will we hear positive news about this and the embrace by citizens and tourist?  Countering any local perceptions that Cleveland/Downtown is unsafe?  Comments that there is nothing to do or see in Downtown?

 

We need more installations by local artists in neighborhoods.  Things that will unite communities.

 

 

When is the last time I-71 turned a profit?

21 minutes ago, Boomerang_Brian said:

 

I think you're missing my point.  There are articles on the exhibit/display, but I'm speaking on the BIGGER picture.  Generic articles, but nothing specific.   

 

Specifically:

Have they discussed the impact of this display on the Square itself of the surround neighborhoods?

Did they capture any people to discuss their opinions on this display, and how it's makes them feel about Downtown/Cleveland in general?

Has the media spoken with business owners on how programming/exhibits like this can connect the downtown neighborhoods, bring in foot traffic and change perceptions of Downtown?

Has the media discussed the financial impact of a display/exhibit like this has on Downtown/Cleveland in general?

 

If there a pluses/positive comments on this exhibit/display it's helps to bring public art/exhibits/programming into the City and help fight negative bias/perceptions about the city with regard to "things to see/do", vibrancy, options and letting the local citizens know Downtown/Cleveland is not just a business center but a true 24/7 city.

 

I hope that helps explain my thinking outside the box

 

 

2 minutes ago, MyTwoSense said:

 

I think you're missing my point.  There are articles on the exhibit/display, but I'm speaking on the BIGGER picture.  Generic articles, but nothing specific.   

 

Specifically:

Have they discussed the impact of this display on the Square itself of the surround neighborhoods?

Did they capture any people to discuss their opinions on this display, and how it's makes them feel about Downtown/Cleveland in general?

Has the media spoken with business owners on how programming/exhibits like this can connect the downtown neighborhoods, bring in foot traffic and change perceptions of Downtown?

Has the media discussed the financial impact of a display/exhibit like this has on Downtown/Cleveland in general?

 

If there a pluses/positive comments on this exhibit/display it's helps to bring public art/exhibits/programming into the City and help fight negative bias/perceptions about the city with regard to "things to see/do", vibrancy, options and letting the local citizens know Downtown/Cleveland is not just a business center but a true 24/7 city.

 

I hope that helps explain my thinking outside the box

 

 

 

I completely agree with every point in THIS post. I fully encourage constructive criticism and useful suggestions. 

When is the last time I-71 turned a profit?

Seeing how many people were there was truly the best part about the installation. I also wish that these would be permanent - and since they’re u fortunately not, I can only hope that in the future there will be greater prioritization of night features like this in the city, whether it be festivals, permanent installations, or temp ones like these that bring people together, create a more vibrant 24/7 city, and help shift the perceptions of Cleveland.

 

It is so much more than just some pretty objects that spin around. It’s so much more than a downtown public art installation. It is a symbol of the “new” Cleveland - one that embraces its city as an exciting, welcoming place that provides spaces and programming for people to join together, celebrate their local pride, and be part of an urban experience that can’t be found anywhere else. The future is bright for this city. ❤️

Whenever I was 16 I was tasked with a project in highschool to create an environment that will help keep people interested in a singular area downtown for decades to come. Some people created businesses, some people thought about theme parks, maybe adding a new ferris wheel to the lakefront. I wanted to just add artwork and nightlife to some parks. I came up with a proposal to add moving rectangles protruding from the ground which move in wave fashion that you could sit on and maybe take some great photos atop like our Cleveland scripts, but at night they would light up in diffused RGB sequences complete with color programming for events, game wins, or even the public to take part in, kind of like that one bridge they lined with LED lighting in Sydney. What set this idea apart from the other proposals in our class was the fact that I wasn't creating a whole new area for people to walk to. I was only adding greatness to an already great area, which was Public Square. I can work a mockup of my proposal, because I don't have my papers anymore, but It was very similar to Prismatica. That's why I wish these were more permanent. So in some aspects my idea kind of came true, but in temporary fashion.

It’s probably my own bias since I’m on Public Square everyday, but I do like the transient nature of the art installations. The snails were awesome, but eventually my eyes got accustomed to them and they were just “there.” I feel Prismatica will become less salient to me over time as well. 
 

That said, I think we should do a better job of consistently activating the Square. A Christmas Market in the winter, an art walk or a “Home Days-esque” event with rides in the summer, an Oktoberfest beer garden in the fall. And art installations—a combo of formal, acclaimed ones like Prismatica and more organic ones like student artwork and local artists. 

7 minutes ago, Clevecane said:

It’s probably my own bias since I’m on Public Square everyday, but I do like the transient nature of the art installations. The snails were awesome, but eventually my eyes got accustomed to them and they were just “there.” I feel Prismatica will become less salient to me over time as well. 
 

That said, I think we should do a better job of consistently activating the Square. A Christmas Market in the winter, an art walk or a “Home Days-esque” event with rides in the summer, an Oktoberfest beer garden in the fall. And art installations—a combo of formal, acclaimed ones like Prismatica and more organic ones like student artwork and local artists. 

 

I think those are all great ideas for high traffic installations, just not public square when you have FLAT PARKING lots in the warehouse district.

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