April 18, 20178 yr Author Looks like it's four buildings! This is huuu-ge! Four Flats buildings set for renovations as Samsel, Geis and Catanese join forces http://realestate.cleveland.com/realestate-news/2016/11/four_flats_buildings_set_for_r.html#incart_target2box_default_#incart_target2box_targeted_ A restaurant is scheduled to open in the spring in the former Watermark space downstairs, where patrons will have access to spruced-up patios along the river. Samsel, Petrick and Geis won't say much about the eatery, but a building permit posted on the property alludes to a company registered with the state as Old River Brewing Company Cleveland LLC or Big Cat Brewery. Permits issued last week for the old Watermark building... permit date Apr 12, 2017 permit type Plumbing contractor Not Available 1250 old river rd old river brewery kitchen & occupancy phase interior alterations per approved plans: commercial kitchen + occupancy of restaurant & brewery approx. 10, 400 s.f. 1st fl of 3 story masonry & wood frame mixed use structure. supplemental conditions apply. related permits #b16033194 #b16040807 & #b16038348. separate permits req'd for plumbing h.v.a.c. & electrical. separate application to fire prev. bur. req'd for fire protection systems. certificate of occupancy req'd Permit Type Certificate Of Occupancy Time Lmtd. Commercial Permit # CO17012918 Parcel # 10113022 Client 1250 Old River Rd. Llc Permit Fee $60.00 paid to Cleveland, OH Even larger in valuation is this one at 1246 Old River Rd: permit date Mar 27, 2017 permit type Commercial Contracting contractor Colin Irwin permit value $7.4M 1246 river rd Valuation $7,399,000.00 Permit Type Commercial Building Permit Status Application pending Permit # B17010859 Parcel # 00306002 Client Neorsd Permit Fee $650.00 paid to Cleveland, OH License name on building permit COLIN IRWIN "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 23, 20178 yr Margaritaville to open later this summer. http://www.downtowncleveland.com/news/april-2017/jimmy-buffett-s-margaritaville-to-open-this-summer
April 27, 20178 yr More Margaritaville news. http://www.wkyc.com/news/local/cleveland/opening-of-cleveland-margaritaville-delayed-again-photos/434492433
May 11, 20178 yr Latest Margaritaville news with some pictures. http://fox8.com/2017/05/10/jimmy-buffetts-margaritaville-in-flats-east-bank-looks-to-open-this-summer/
May 11, 20178 yr RTA extending trolley service to the Flats East Bank http://www.cleveland.com/metro/index.ssf/2017/05/rta_extending_trolley_service.html
May 11, 20178 yr Author RTA extending trolley service to the Flats East Bank http://www.cleveland.com/metro/index.ssf/2017/05/rta_extending_trolley_service.html Recently posted in the RTA thread in the transportation section. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
May 12, 20178 yr I don't think Collision Bend (old Watermark) is open to the public yet, but they did have some sort of event going on last week. Lots of people were inside
May 12, 20178 yr I don't think Collision Bend (old Watermark) is open to the public yet, but they did have some sort of event going on last week. Lots of people were inside Can confirm it's open, been open to the public for a few weeks now.
May 12, 20178 yr They're open. Went a couple weeks ago, good beer and an amazing patio. I think this place will be getting verrrry popular this summer.
May 12, 20178 yr Author Now THAT'S the Flats as I remember them. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
May 12, 20178 yr I stopped by a few weeks ago, too. Though a much different kind of place, I couldn't help thinking about the classy Watermark that used to be here. Collision Bend though has retained Watermark's configuration almost totally despite an obvious difference in décor. Bruell and Purcell have done a nice job; CB is a classy place. And its so good to see life seeping back in outside of Fairmount's FEB footprint. These old Victorian buildings are awesome and let's just say it without a hint of arrogance: Milwaukee and other riverfront café settings are very nice, but the Flats are simply unique.
May 12, 20178 yr I've been three times already. Although I can't say their beer is that much to my taste, the food, space and location are all excellent. It's been busy too. A group of us went at 6.30 this past Weds and they couldn't seat us for dinner. My hovercraft is full of eels
May 12, 20178 yr The ONLY downside to my trip to collision Bend was the two hour wait to get a table. But, I would rather see that then the place be empty
May 14, 20178 yr Author I wonder if this will free up enough equity to open the door to financing for Flats East Bank phase 3? Bellwether Enterprise Real Estate Capital closes $80 million refinance loan for Cleveland’s Flats at East Bank May 12, 2017 Bellwether Enterprise Real Estate Capital LLC closed an $80 million refinancing loan for the Flats at East Bank Apartments, a multifamily and mixed-use retail property in downtown Cleveland. Built in 2016 and located near First Energy Stadium, Quicken Loans Arena and Progressive Field, the Flats at East Bank Apartments includes 241 Class-A+ units. The fully occupied units are designed according to 20 customized floor plans that range from penthouses to one-, two- and three-bedroom apartment homes. The apartment space also offers amenities such as 24/7 concierge and room service, a business center, a 40,000-square-foot outdoor resident terrace and a 24-hour fitness center. Additionally, the property includes a 61,016-square-foot retail building that is home to a mix of restaurant and entertainment businesses, including Punch Bowl Social, Beer Head, Magnolia and the recently announced Thirsty Dog, Dante’s Inferno and Rascal Flatts. MORE: http://www.rejournals.com/2017/05/12/bellwether-enterprise-real-estate-capital-closes-80-million-refinance-loan-for-clevelands-flats-at-east-bank/ "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
May 19, 20178 yr 6/27 announced opening. http://www.news5cleveland.com/news/local-news/cleveland-metro/margaritaville-restaurant-cleveland-announces-open-date
May 19, 20178 yr Every time I see an FEB post, I'm hoping it's for THE announcement: Phase III... Still no such luck.
May 24, 20178 yr Author Thirsty Dog Brewing Co. expanding to Cleveland's Flats East bank Updated on May 24, 2017 at 7:25 AM Posted on May 24, 2017 at 6:30 AM BY MARC BONA, CLEVELAND.COM mbonaCleveland[/member].com CLEVELAND, Ohio - Thirsty Dog Brewing Co. - the oldest and largest brewery in Summit County - is expanding to the Flats. Thirsty Dog is planning to open a 12,000-square-foot taproom, brewery with 10-barrel brewhouse, restaurant and patio in August. The space formerly held Crop Rocks, Crop Sticks and On Air, a production studio, said brewery owner John Najeway. He said a banner will hang beginning this weekend. When up and running, the Flats location will brew "some of the same core and seasonal beers we're known for now," he said. "Having the flexibility of a small system, we'll brew some stuff specific to the brewpub." MORE: http://www.cleveland.com/entertainment/index.ssf/2017/05/thirsty_dog_brewing_co_expandi.html#incart_river_home "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
May 24, 20178 yr Good question......There has been ZERO work done there since the plywood and sign went up?! Is it still happening?
May 24, 20178 yr Author Three new hot spots coming soon to the Flats East Bank POSTED 1:34 PM, MAY 24, 2017, BY JESSICA BATES, UPDATED AT 01:36PM, MAY 24, 2017 CLEVELAND-Construction will begin soon on three popular establishments in the Flats East Bank. Dante’s Inferno, Backyard Bocce, and Thirsty Dog Brewing Company will be the newest tenants to open this summer. Construction is expected to begin next week in the former Crop spaces. With the new additions, there will be 15 bars/restaurants in Flats East Bank entertainment district with a total of five new establishments opening in 2017, including Margaritaville and Rascal Flatts. MORE: http://fox8.com/2017/05/24/three-new-hot-spots-coming-soon-to-the-flats-east-bank/ "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
May 24, 20178 yr Good question......There has been ZERO work done there since the plywood and sign went up?! Is it still happening? Margaritaville was having a job fair this past week.
May 24, 20178 yr Three new hot spots coming soon to the Flats East Bank POSTED 1:34 PM, MAY 24, 2017, BY JESSICA BATES, UPDATED AT 01:36PM, MAY 24, 2017 CLEVELAND-Construction will begin soon on three popular establishments in the Flats East Bank. Dantes Inferno, Backyard Bocce, and Thirsty Dog Brewing Company will be the newest tenants to open this summer. Construction is expected to begin next week in the former Crop spaces. With the new additions, there will be 15 bars/restaurants in Flats East Bank entertainment district with a total of five new establishments opening in 2017, including Margaritaville and Rascal Flatts. MORE: http://fox8.com/2017/05/24/three-new-hot-spots-coming-soon-to-the-flats-east-bank/ When one closes, a new one opens in its place... Just goes to show the vitality of FEB.
May 24, 20178 yr Author Or the volatile nature of the restaurant biz. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
May 25, 20178 yr What's up with all these musician-owned restaurants? Rascal Flatts and Jimmy Buffet must be trying win our hearts with burgers in an attempt to get inducted into the Rock Hall.
May 25, 20178 yr What's up with all these musician-owned restaurants? Rascal Flatts and Jimmy Buffet must be trying win our hearts with burgers in an attempt to get inducted into the Rock Hall. They clearly need to try something, given the trash that has been inducted in years past over great bands/musicians. But my anger on that topic is a thread unto itself.
May 25, 20178 yr I'd be interested in what these follow up tenants are paying in rent vs what the original tenants paid. Perhaps it's the same, just curious.
June 7, 20178 yr Breaking Ground PREVIEW: three new Flats tenants will unite in bocce, beer, bourbon and … pizza Construction is underway at the former Crop complex on Old River Road in the Flats East Bank, and three new tenants will occupy the space before summer’s end, according to Flats developer, Scott Wolstein. Dante’s Inferno, Backyard Bocce and Thirsty Dog Brewing Company will move into the three former Crop spaces by mid-August, bringing a cooperative effort into a varied mix of food, drink and entertainment to the Flats. Construction began last week. http://www.freshwatercleveland.com/breaking-ground/FlatsTenants060717.aspx
June 7, 20178 yr ^Nice. Did anyone attend Flat out Fridays last Friday? (I believe this would have been the 1st one of the season, no?). I know Scene Mag's Taste of Summer was a mega-hit, especially on Saturday, 5/27, where FEB, esp the Boardwalk, was overflowing with people (great time for people and dog watching) -- and many even used the Waterfront Line to get there (take that Mark Naymik with your so-called "Ghost Train").
June 7, 20178 yr ^Nice. Did anyone attend Flat out Fridays last Friday? (I believe this would have been the 1st one of the season, no?). I know Scene Mag's Taste of Summer was a mega-hit, especially on Saturday, 5/27, where FEB, esp the Boardwalk, was overflowing with people (great time for people and dog watching) -- and many even used the Waterfront Line to get there (take that Mark Naymik with your so-called "Ghost Train"). I was not there for Flat Out Friday but walked down there Saturday for some day drinking and WOW, it was packed. The river was lined with boats docked and boats/paddle boarders were going up and down the river all day/evening. I've never seen it that busy in my 3 years of enjoying the Flats.
June 7, 20178 yr I was there Friday, but it was a little bit different because it was a Pride event (Flat Out Pride). Still though, a very good crowd and many people were there who didn't seem to know about the event. ^Nice. Did anyone attend Flat out Fridays last Friday? (I believe this would have been the 1st one of the season, no?). I know Scene Mag's Taste of Summer was a mega-hit, especially on Saturday, 5/27, where FEB, esp the Boardwalk, was overflowing with people (great time for people and dog watching) -- and many even used the Waterfront Line to get there (take that Mark Naymik with your so-called "Ghost Train").
June 7, 20178 yr ^Awesome. We had dinner at Collision Bend (in Watermark's old space). It was packed and the food was very good. We couldn't get a seat on the outdoor riverfront patio; too hungry; too long a waiting list (drat!). But instead we sat in a window facing Old River Road which was nice... I haven't seen THAT much foot traffic on ORR since the good old days of FEB 20 years ago. There was a large food truck just south of Coastal Taco selling gyros and the like and, it too, was swamped with people.
June 7, 20178 yr ^one more note, my friend posted photos of FEB on Instagram, esp the Boardwalk with all the boats and people, and she got a number of incredulous responses... Cleveland!?... they said. They all thought it was some resort spot either in Cali or Florida.
June 7, 20178 yr ^Awesome. We had dinner at Collision Bend (in Watermark's old space). It was packed and the food was very good. We couldn't get a seat on the outdoor riverfront patio; too hungry; too long a waiting list (drat!). But instead we sat in a window facing Old River Road which was nice... I haven't seen THAT much foot traffic on ORR since the good old days of FEB 20 years ago. There was a large food truck just south of Coastal Taco selling gyros and the like and, it too, was swamped with people. I met a bachelor party from Toronto in FEB on Memorial Day Weekend. Apparently the best man went to college nearby and the location was his recommendation. But all of them continuously commented on how they could not believe how lively the area was, especially juxtaposed with the antiquated rep of Cleveland. Always nice to hear.
June 7, 20178 yr I met a bachelor party from Toronto in FEB on Memorial Day Weekend. Apparently the best man went to college nearby and the location was his recommendation. But all of them continuously commented on how they could not believe how lively the area was, especially juxtaposed with the antiquated rep of Cleveland. Always nice to hear. The day I meet a bachelor(ette) party in Cleveland from Vegas, then I will have officially seen everything.
June 7, 20178 yr I just cannot see how a bocce ball place survives at probably the highest retail space in the city of Cleveland. FEB has had nothing but turnover in the last 2 years. I know they are looking for the right mix. I don't see it and I hope to admit I am wrong. What they need down there is more residential and Office. They are oversaturated with the entertainment retail that they have down there. There is little activity during the day, week-ends & Wintertime
June 7, 20178 yr ^ Phase III is going to have to be much more ambitious to achieve what you're asking imho. More verticality, less sprawl.
June 7, 20178 yr I just cannot see how a bocce ball place survives at probably the highest retail space in the city of Cleveland. FEB has had nothing but turnover in the last 2 years. I know they are looking for the right mix. I don't see it and I hope to admit I am wrong. What they need down there is more residential and Office. They are oversaturated with the entertainment retail that they have down there. There is little activity during the day, week-ends & Wintertime There is still large vacancies at the FEB apartments due to pricing
June 8, 20178 yr There is still large vacancies at the FEB apartments due to pricing If I recall there is 241 luxury apartments at FEB. Does anyone know how many units are vacant? Did they ever get to 100% Occupied? Did they lose tenants when it was time to renew?
June 8, 20178 yr There is still large vacancies at the FEB apartments due to pricing If I recall there is 241 luxury apartments at FEB. Does anyone know how many units are vacant? Did they ever get to 100% Occupied? Did they lose tenants when it was time to renew? The highest occupancy I had heard was 65% last year. They did reduce rent for select units since opening
June 8, 20178 yr If their highest occupancy is 65% that means that approx 157 units are rented. If this is true then this is HORRIBLE. How then does the DCA come-out and say that Downtown is 97% occupied. Something does not add up. Unless FEB units & the Avenue District Tower compromise the entire 3% Vacancy.
June 8, 20178 yr If their highest occupancy is 65% that means that approx 157 units are rented. If this is true then this is HORRIBLE. How then does the DCA come-out and say that Downtown is 97% occupied. Something does not add up. Unless FEB units & the Avenue District Tower compromise the entire 3% Vacancy. Do not rely on my numbers. The 65% was word of mouth from a college roommate who lives there
June 8, 20178 yr I had lunch last week with the manager, he said the apartments are pretty much all leased. No specific numbers but I would take that as 90%.
June 8, 20178 yr I had lunch last week with the manager, he said the apartments are pretty much all leased. No specific numbers but I would take that as 90%. Your information is from a much more reputable source than mine
June 8, 20178 yr Author If their highest occupancy is 65% that means that approx 157 units are rented. If this is true then this is HORRIBLE. How then does the DCA come-out and say that Downtown is 97% occupied. Something does not add up. Unless FEB units & the Avenue District Tower compromise the entire 3% Vacancy. OK, how does one building have any noticeable effect on occupancy rates for the entire downtown district? That is, unless the building has 1,000 units and they're all empty! "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
June 8, 20178 yr When phase II opened, they started renting in phases so every month 1/12th of the building's rents are up. If you have any doubt petty much everything is rented, look at the lower interior apartments that have a view of Punchbowl Social's rooftop bar... all rented.
June 8, 20178 yr When phase II opened, they started renting in phases so every month 1/12th of the building's rents are up. If you have any doubt petty much everything is rented, look at the lower interior apartments that have a view of Punchbowl Social's rooftop bar... all rented. Per Trulia and Apartments.com, still a number of units available
June 8, 20178 yr When phase II opened, they started renting in phases so every month 1/12th of the building's rents are up. If you have any doubt petty much everything is rented, look at the lower interior apartments that have a view of Punchbowl Social's rooftop bar... all rented. Per Trulia and Apartments.com, still a number of units available The last time I checked there were 28 apartments still available to rent.
Create an account or sign in to comment