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Who wants low res screenshots that I cropped from a poorly framed livestream presentation? Sorry, these are the best site plans I could get from the stream.

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Lots of office space and room for growth in the near future. Mixed use components are 2110 and 2104. 2110 will be approximately 40 apartments, and 2104 will apparently be ground floor retail/restaurant topped by 3 very large apartment units according to the presenter.

They plan to construct and complete all components simultaneously. They mentioned intentions to rent many of the apartment units (if not all of them) to CCM employees who want to live on campus.

This is fantastic!  Definitely ranks up there for projects I’ve most looked forward to hearing about.  Thank you for sharing!

Great news! I hope the state pulls through with the historic credits this next round. From Michelle's article, that seems to be the only piece they are waiting on. Brecksville might have scored one on Cleveland with the SW R&D, but I think this would more than make up for that.

I’m sure this was already posted elsewhere before this thread was launched, but fwiw, here’s Michelle’s article from yesterday. I’m beyond excited about this relocation, and tangential development! How likely sre they to receive the aid they require? 

 

https://www.crainscleveland.com/

Edited by CCC

Spoke with my neighbor (who was employee #59 at Cross Country), and he emphasized that the move is for one primary reason: Moving into an urban campus setting will allow them to recruit better talent. He not so subtly told me that they project to be at 2,000 employees in Cleveland by 2025. 

1 hour ago, YABO713 said:

Spoke with my neighbor (who was employee #59 at Cross Country), and he emphasized that the move is for one primary reason: Moving into an urban campus setting will allow them to recruit better talent. He not so subtly told me that they project to be at 2,000 employees in Cleveland by 2025. 

This is a game changer for the area. Can be really catalytic 

1 hour ago, YABO713 said:

Spoke with my neighbor (who was employee #59 at Cross Country), and he emphasized that the move is for one primary reason: Moving into an urban campus setting will allow them to recruit better talent. He not so subtly told me that they project to be at 2,000 employees in Cleveland by 2025. 

 

Maybe fast-growing, suburban titan Union Home Mortgage will take the hint and follow suit?  According to a google search, their main offices are in Mentor, Solon, and Strongsville, lol.  Union Home was recently ranked No. 1 or 2 in Cle.com's top* employers, so why not enhance that ranking by grabbing a spot in the heart of downtown?

 

*--this was based on quality of employer practices, not workforce size.

Edited by Down_with_Ctown

I hope all of this pushes the Superior bikeway forward.  Such a transformational project to give Superior a much needed road diet, and what a bonus for these employees having that right in their front yard.

Regarding plans/layouts: I'll keep an eye out for anything coming through my channels ??

super low key mixed use hq project that adds more people, retail and jobs.

 

yes more of these please!

  • 2 months later...

 

Dream Hotel?

9 minutes ago, skiwest said:

Dream Hotel?

No, the Baker Building (forfeiting a previously allocated 1.7m credit for a 2.0m one).  The article only references existing buildings that are receiving historic tax credits.  Still exciting though!

11 minutes ago, skiwest said:

Dream Hotel?

Posted more info here:

Ken's last article indicated similar investments by Walton were 21c Museum Hotels.

This is a huge win!

Brecksville gets the SW R&D and a few hundred jobs, and Cleveland answers by taking a corporate HQ of a fast growing company with even more jobs. I think Cleveland comes out ahead here.

  • 1 month later...

https://t.co/xvOt8x95g1
 

Figured this thread could use a bump.

 

Edit- it appears I don’t know how to link a tweet.

Edited by JB

7 minutes ago, JB said:

https://t.co/xvOt8x95g1
 

Figured this thread could use a bump.

 

Edit- it appears I don’t know how to link a tweet.

YESSS!!!

Damn you Crains. I can never see their articles... Spill the beans!

 

Is there a better way to post a tweet here? Or is it more standard protocol to do the article?

14 minutes ago, JB said:

Is there a better way to post a tweet here? Or is it more standard protocol to do the article?

I'm not sure if the mods have a preference. But if you want your tweet embedded you have to link from desktop.  When you link from mobile only the link shows up. 

1 minute ago, freefourur said:

I'm not sure if the mods have a preference. But if you want your tweet embedded you have to link from desktop.  When you link from mobile only the link shows up. 

Got it, thanks for the info!

34 minutes ago, tastybunns said:

Damn you Crains. I can never see their articles... Spill the beans!

 

I subscribed to Crains when Jarboe started reporting for them. 

1 hour ago, tastybunns said:

Damn you Crains. I can never see their articles... Spill the beans!

 

Here's the jist:

 

"CrossCountry Mortgage's planned headquarters move from the suburbs to Cleveland's Superior Arts District got a boost Monday, Jan. 25, in the form of tax credits tied to growing employment. The Ohio Tax Credit Authority approved an eight-year, 1.655% job creation tax credit for CrossCountry, which is currently based in Brecksville...."

 

This is good news. Not counting "future jobs", how many existing positions are moving from Brecksville to Downtown once the office opens?

Last spring, according to the mayor's newsletter, CrossCountry mortgage had 600 employees in Brecksville. I don't know how many they have now, but the 600 jobs figure was cited when Mayor Hruby proclaimed them as "Brecksville's Business of the Year." Oops.

 

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

This is such a huge win. And will probably help continue development of the Avenue District plan. Hopefully growing south into Cleveland State territory at some point. Brecksville had to sell their soul to land SHW. Downtown is getting roughly the same amount of jobs, at a fraction of the incentives. It sucks we’re losing the R&D, but this makes it all better.

Edited by marty15

If you go back further to Cleveland getting all the VA jobs from Brecksville, we are already ahead, even after the SW R&D move. Cross Country is 600lbs of icing on the cake.

  • X locked this topic

Dummies get threads locked.

  • MayDay unlocked this topic
  • 4 months later...

CrossCountry Mortgage kicks off $46M restoration project near downtown Cleveland

Mary Vanac - Cleveland Business Journal - June 10, 2021 

 

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"CrossCountry Mortgage LLC celebrated a "groundbreaking" for its $46 million corporate campus in Cleveland's Superior Arts District on Thursday with music, strobe lights, working artists and a time capsule instead of the traditional shovel of dirt. The Top 10 retail mortgage lender, currently based in Brecksville, Ohio, plans to repurpose four industrial buildings that date back to as early as 1913 for its new headquarters and home for about 600 employees in the city where it began in 2003. ... Leonhardt began his quest to return CrossCountry Mortgage to Cleveland more than three years ago, receiving incentives from Cleveland, Team NEO, JobsOhio and the Ohio Development Services Agency, he said. ... Construction is scheduled to be completed by the end of the year."

 

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On 10/7/2020 at 8:14 AM, YABO713 said:

Spoke with my neighbor (who was employee #59 at Cross Country), and he emphasized that the move is for one primary reason: Moving into an urban campus setting will allow them to recruit better talent. He not so subtly told me that they project to be at 2,000 employees in Cleveland by 2025. 

hate to be a naysayer but these mortgage groups are boom-bust as office users get.  The growth projections are all fine & exciting till the operations get offshored to India or the business is bought out by another bank/mortgage firm and half the employees are laid off.  There's a reason why they didn't sign a lease in a class A building downtown and rather ended up in their own building.

  • Author
2 hours ago, gottaplan said:

hate to be a naysayer but these mortgage groups are boom-bust as office users get.  The growth projections are all fine & exciting till the operations get offshored to India or the business is bought out by another bank/mortgage firm and half the employees are laid off.  There's a reason why they didn't sign a lease in a class A building downtown and rather ended up in their own building.

It's a pretty large commitment to build your own office space along with apartments for employees/execs on site rather than just lease some office space, so I doubt they have any plans of outsourcing or selling anytime soon. 

And absolute worst case scenario, they'll be leaving behind apartments and office space for a new user where today sits empty, decaying buildings.

On 6/15/2021 at 12:25 AM, tykaps said:

It's a pretty large commitment to build your own office space along with apartments for employees/execs on site rather than just lease some office space, so I doubt they have any plans of outsourcing or selling anytime soon. 

And absolute worst case scenario, they'll be leaving behind apartments and office space for a new user where today sits empty, decaying buildings.

Cross Country's CEO makes it sound as if HE wants to do the buying.

Remember: It's the Year of the Snake

  • 2 months later...

Love the sounds of a construction site.  My phone’s camera can’t do it justice but the exposed brick on the interior is coming along beautifully.

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1 hour ago, Sapper Daddy said:

Love the sounds of a construction site.  My phone’s camera can’t do it justice but the exposed brick on the interior is coming along beautifully.

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That's the sound of 600 jobs about to be downtown. 

And the much larger Artcraft building just to the east is going to get rebuilt next.

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

We've been hearing that for a while.  Any insight as to when it may be moving forward?

3 hours ago, X said:

We've been hearing that for a while.  Any insight as to when it may be moving forward?

 

They've won federal tax credits for it and Cleveland Construction cited Artcraft as one of the reasons why they opened a downtown office. 

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

Good to hear!  I have a real fondness for that strip of old warehouses!

This stretch of Warehouses on Superior is allowing that stretch to become very strong. It has the Live and Work aspects of a neighborhood it could use “Play” aspects. Although Downtown is right there the drop in scale from high rises to warehouses makes them seem worlds apart. 

Agree.  Drove through last night and it's already more inviting than the downtown stretch of Superior that suffers from dim lighting (many of the streetlamps out of course), poorly maintained planters and overall desolate feel.  As mentioned it does need some "play" options but assume those will come along with the new workforce.  

  • 8 months later...

(5-30-22)

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I was wondering what that construction was when I was going down Payne the other day! Thanks for the clarification.

  • 2 weeks later...

Superior Arts District’s new tenant brings jobs, art to in renovated warehouse

MARC LEFKOWITZ | THURSDAY, JUNE 9, 2022

 

Cleveland will welcome 600 more daily commuters in the fall of 2022 when CrossCountry Mortgage completes its $50 million renovation of three classic red brick buildings at Superior Avenue and East 21st Street in the Superior Arts District as its new headquarters.

 

https://www.freshwatercleveland.com/breaking-ground/CrossCountryNewHome060922.aspx

 

 

Agree.  Drove through last night and it's already more inviting than the downtown stretch of Superior that suffers from dim lighting (many of the streetlamps out of course), poorly maintained planters and overall desolate feel.  As mentioned it does need some "play" options but assume those will come along with the new workforce.  

Was talking to someone who is really involved in developing that area. A lot of good stuff apparently on the horizon.

We just bought one of the Knez townhomes on Superior and having all of this so close will be awesome.


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  • 1 year later...
2023-09-14_12-01-29

 

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This has the potential to be such a lively stretch of Superior Avenue if developed right. The midway project can’t come soon enough! Hopefully that project causes more pedestrian friendly developments and green areas to be developed.


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agree, especially if csu develops north between chester and payne like they want to.

  • 2 months later...

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