June 26, 20231 yr 2 hours ago, LibertyBlvd said: The lettering style on top looks a little tacky. Perhaps it can be replaced with something a little classier. Okay...here me out. 😏
July 8, 20231 yr A few LOI's have already been submitted with some cool concepts not currently in Cleveland
July 14, 20231 yr " Loans are in place, working on some minor details, but the project is almost ready to roll. " Per zbaris post on 06/24. So hopefully not too much longer. They take forever to get started, but once they start they get going.
July 15, 20231 yr On 7/13/2023 at 6:12 PM, Go CLE said: This project is struggling to get out of the gate. Says without any evidence or sources. Meanwhile, the person who is actually working on it says things are in order - I choose to believe that.
July 15, 20231 yr 13 minutes ago, jeremyck01 said: Says without any evidence or sources. Meanwhile, the person who is actually working on it says things are in order. I wonder who I believe? Observers don't understand the complexity of capital stacks and the amount of legal work it takes. Putting the financing together often takes longer than physical construction.
July 15, 20231 yr Just now, freefourur said: Observers don't understand the complexity of capital stacks and the amount of legal work it takes. Putting the financing together often takes longer than physical construction. Exactly.
July 15, 20231 yr Sorry guys, my message wasn't intended to offend or provide status. I agree with your points about the complexities involved in project financing and legal requirements. My remark was based on what I perceived as a slow start, but I realize that there's a lot happening behind the scenes that I might not be privy to. I have a lot to learn about the intricacies of such complex projects and your insights help broaden my understanding.
July 15, 20231 yr This is the first true micro unit building in Downtown Cleveland. Lenders were very hesitant because of the uniqueness of the project. It's moving along just fine at this point and there will be an announcement shortly
July 15, 20231 yr 1 hour ago, zbaris87 said: This is the first true micro unit building in Downtown Cleveland. Lenders were very hesitant because of the uniqueness of the project. It's moving along just fine at this point and there will be an announcement shortly Are they still planning on demoing the parking garage behind it as part of the rehab. Or am I confusing this project with another developer/development?
July 16, 20231 yr 1 hour ago, zbaris87 said: Yes, the parking garage will be demolished While I do understand the need to demo the parking garage (its built in a way that prevents a sensible, cost-effective rehab), I do hope there's chatter on your team about saving the stonework from this archway (which I've always loved) in the event it can be repurposed / included in a future development. Its always added such charm to the alleyway across from Johnny's, and I hope others see value in it too. Edited July 16, 20231 yr by ASP1984
July 16, 20231 yr 2 hours ago, ASP1984 said: While I do understand the need to demo the parking garage (its built in a way that prevents a sensible, cost-effective rehab), I do hope there's chatter on your team about saving the stonework from this archway (which I've always loved) in the event it can be repurposed / included in a future development. Its always added such charm to the alleyway across from Johnny's, and I hope others see value in it too. That would be fantastic. Maybe just keeping that first floor wall would make great for an outdoor patio surround, but it’s probably slated for more surface parking.
July 16, 20231 yr That would be fantastic. Maybe just keeping that first floor wall would make great for an outdoor patio surround, but it’s probably slated for more surface parking. Agreed. Even if they just stowed it away in a warehouse somewhere, I’d be happy.Sent from my iPhone using Tapatalk
July 17, 20231 yr The site for the garage is necessary for construction staging, and eventually in the not so distant future, a phase 2 tower...
July 17, 20231 yr 34 minutes ago, zbaris87 said: The site for the garage is necessary for construction staging, and eventually in the not so distant future, a phase 2 tower... Like….
July 17, 20231 yr Unfortunately, a 600 ft residential tower in Cleveland doesn't make sense with construction costs being so high here. Once the planning starts, and I have a better idea, I'll let you know
July 17, 20231 yr 23 minutes ago, zbaris87 said: Unfortunately, a 600 ft residential tower in Cleveland doesn't make sense with construction costs being so high here. Once the planning starts, and I have a better idea, I'll let you know So is this confirmation that Phase 2 will be residential?
July 17, 20231 yr 35 minutes ago, GREGinPARMA said: So is this confirmation that Phase 2 will be residential? My bet is combined resi / office to accommodate supporting firms who want proximity to SW and the workers they're hoping to attract. Edited July 17, 20231 yr by ASP1984
July 17, 20231 yr 1 hour ago, zbaris87 said: Unfortunately, a 600 ft residential tower in Cleveland doesn't make sense with construction costs being so high here. Once the planning starts, and I have a better idea, I'll let you know @zbaris87 Is the idea of stowing that stone work away in a warehouse carefully for future repurposing out of the question? Or do you think that could be embraced by your subcontractors? If it found an eventual home frankly with any new build between that site and the Warehouse District I think it could be a huge win for historic preservation in Cleveland. Edited July 17, 20231 yr by ASP1984
July 17, 20231 yr 9 minutes ago, ASP1984 said: @zbaris87 Is the idea of stowing that stone work away in a warehouse carefully for future repurposing out of the question? Or do you think that could be embraced by your subcontractors? If it found an eventual home frankly with any new build between that site and the Warehouse District I think it could be a huge win for historic preservation in Cleveland. Somebody could start a 'Rockefeller Brewery'. MadTree Brewing in Cincinnati uses part of the old building and is pretty cool.
July 21, 20231 yr On 7/17/2023 at 11:49 AM, Go CLE said: Somebody could start a 'Rockefeller Brewery'. MadTree Brewing in Cincinnati uses part of the old building and is pretty cool. Not 1:1, but this idea also reminds me of Trillium Brewing in Boston (narrow little area w/a bunch of brick):
July 21, 20231 yr On 7/17/2023 at 11:49 AM, Go CLE said: Somebody could start a 'Rockefeller Brewery'. Teetotaler's Alley?
September 6, 20231 yr Unfortunately, some assholes keep breaking into the building which is causing major issues. You'll start to see movement come October on the building.
September 6, 20231 yr Jeez. I didn't realize the building was empty. Here's hoping work begins next month then.
September 6, 20231 yr Yes, the building was vacated to start construction and there were a few holdups with the loan. Now everything is moving and at the finish line. Once I have a formal update, i will provide it here
September 7, 20231 yr Scrappers? Maybe I’m naive but I wouldn’t expect them downtown. Learn something new everyday.
September 9, 20231 yr On 9/6/2023 at 3:13 PM, zbaris87 said: Unfortunately, some assholes keep breaking into the building which is causing major issues. The Kia Boys?
October 2, 20231 yr Update coming very shortly now, will keep you posted as soon as i have an update on the project
October 2, 20231 yr I just tailgated in the parking lot of the west side of the parking garage. Im excited to see this project come to friution! Edited October 2, 20231 yr by dski44
October 5, 20231 yr Sprucing up the ground level in the meantime while we wait for construction to start! 🎨 https://x.com/downtowncle/status/1710029860704223489?s=46&t=KrjlsxiDIleccvZVKDgTZg
October 5, 20231 yr 19 minutes ago, urbanetics_ said: Sprucing up the ground level in the meantime while we wait for construction to start! 🎨 https://x.com/downtowncle/status/1710029860704223489?s=46&t=KrjlsxiDIleccvZVKDgTZg I like it, huge improvement, but it also makes me worry construction is further off than I'd like it to be.
October 5, 20231 yr 1 hour ago, Ethan said: I like it, huge improvement, but it also makes me worry construction is further off than I'd like it to be. Construction looking like its starting before the end of the year. As soon as i have an actual update, you'll know
December 9, 20231 yr 7 hours ago, TR said: Any updates? The Rockefeller family has repurchased the building, and is ready to add as many additional floors as necessary to overtake SHW2.
December 9, 20231 yr Author Don't laugh "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
December 9, 20231 yr so there is an akron guy and a texas guy who bought the rock in 2020 and are trying to rehab it, yes?
December 10, 20231 yr Yes, there will be an update on the construction coming hopefully before christmas
January 12, 20241 yr Author 7 hours ago, Go CLE said: I'm hearing we are getting pretty close. Can anyone confirm? Getting there. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
March 8, 20241 yr Signs are posted for the two parking lots on the Rockefeller lot (small lot on W6 and larger westward lot in between Superior and Frankfort) to be permanently closed on March 17th. Unless there is going to be an indefinite St. Paddy’s day celebration starting, it looks like we have some movement. FTR, I’m happy with either.
Create an account or sign in to comment