July 21, 200816 yr Very nice DocBroc, congratulations and thank you for sharing. Hope its not to much to ask for updates as the landscaping progresses.
July 21, 200816 yr Very nice DocBroc, congratulations and thank you for sharing. Hope its not to much to ask for updates as the landscaping progresses. Thanks guys, and no problem.
July 22, 200816 yr I didn't really have time to run around and take pictures last night, but at one point in time when I was schlepping stuff up from the garage, I happened to glance out the front door and found a perfect photo op. So 1. Butterflies are quick! Those flowers were just planted yesterday and 2. There really is wildlife in downtown Cleveland besides rats and seagulls!
July 22, 200816 yr Good catch, docta! Another batch of 1211 St. Clair - looks like windows are going in the corner section: And the in-progress streetscape: clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
July 22, 200816 yr Man do I wish I had the money to tear down that Parking garage! I know, right? Nice pics, MayDay. I haven't made it over that way lately since we've been focused on moving. They made quick work of the rounded part on the front!
July 22, 200816 yr Nice pics kids. Man do I wish I had the money to tear down that Parking garage! at least it's mixed use!
July 22, 200816 yr Nice pics kids. Man do I wish I had the money to tear down that Parking garage! Cleveland needs more beautiful surface lots.
July 22, 200816 yr So .. I don't mean to sound like an idiot (hold the jokes, please) .. buuut .. I don't think I've seen any pictures with the Avenue main building tower in conjunction with the townhouses. I'm having a hard time picturing the totality of this project. Does anyone have any shots of that? If not, no worries. I was just curious.
July 22, 200816 yr they're about a block and a half southeast, so it'd be hard to get a picture from the front of this that included the townhomes. If you do a google map, you can see both areas under construction (the avenue has a crane up, and the townhomes first set is underway).
July 22, 200816 yr Good lord, now I'm supposed to take panoramic shots?!? Yeesh! ;-) Sorry, best I can do in three minutes before I head to happy hour! 1211 St. Clair to the left, townhomes (wood framing for them) on the far right behind the commieblock tower (St. Clair Place): clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
July 22, 200816 yr they're about a block and a half southeast, so it'd be hard to get a picture from the front of this that included the townhomes. If you do a google map, you can see both areas under construction (the avenue has a crane up, and the townhomes first set is underway). Cool! I'll try that .. didn't think of Google Maps.
July 22, 200816 yr Nice pics, Mayday. I love how this project is coming along!! Let's hope Zaremba gets enough presales for the future phases. I can't wait to see the full reality of the project.
July 23, 200816 yr Yes, very exciting and I can't wait for the connection between St. Clair and Superior that will really tie the north and south ends of the Avenue District together.
July 25, 200816 yr interesting little tidbit from the realty one city living website... http://clevelandcityliving.blogspot.com/2008/07/how-many-condos-have-sold-in-avenue.html "After two and a half years of sales, Frank Lalli reports that the main condo tower of the Avenue District is about 60% sold! With 58 units in all, that equates to 35 sales with an average price around $400,000. Those numbers hardly tell the story though. Lalli told a group of several hundred Realty One Real Living Realtors on Wednesday that he's realistically sold the building twice due to people breaking their purchase agreements over the two year wait. Nevertheless, the Avenue District has risen into the city skyline in a big way! In addition to the main condo tower near the Galleria, Zaremba has built 20 townhomes (with as many as 40 more to be built) near the corner of East 14th and Rockwell. These three story townhomes with roof-decks are 80% sold and presently occupied. With 600-700 homes slated in the Avenue District over the next decade, there's clearly a great deal to look forward to and plenty of reason for Clevelanders to be excited. You can learn more about the Avenue District on their website http://www.theavenuedistric.com/."
July 25, 200816 yr interesting little tidbit from the realty one city living website... http://clevelandcityliving.blogspot.com/2008/07/how-many-condos-have-sold-in-avenue.html "After two and a half years of sales, Frank Lalli reports that the main condo tower of the Avenue District is about 60% sold! With 58 units in all, that equates to 35 sales with an average price around $400,000. Those numbers hardly tell the story though. Lalli told a group of several hundred Realty One Real Living Realtors on Wednesday that he's realistically sold the building twice due to people breaking their purchase agreements over the two year wait. Nevertheless, the Avenue District has risen into the city skyline in a big way! In addition to the main condo tower near the Galleria, Zaremba has built 20 townhomes (with as many as 40 more to be built) near the corner of East 14th and Rockwell. These three story townhomes with roof-decks are 80% sold and presently occupied. With 600-700 homes slated in the Avenue District over the next decade, there's clearly a great deal to look forward to and plenty of reason for Clevelanders to be excited. You can learn more about the Avenue District on their website http://www.theavenuedistric.com/." The Townhomes appear to be very popular. folks breaking agreements. I wonder if that will have an affect on future growth, but I think once the building is up and finished it will sell out.
July 25, 200816 yr ^That is awesome news. I'm really surprised (and impressed) that the townhouses are more full than the condo tower.
July 25, 200816 yr I don't want to be a downer, but unless they know something that I don't (and of course it's possible they do), the first 20 townhomes are only 65% sold......
July 25, 200816 yr Prior to this development, this area of downtown was probably the most stagnant/depressing/desolate areas of downtown! Ok, so Reserve Square has stepped up a bit but the Chesterfield is buzzkill with its abandoned storefronts. Oh wait, there's that buffet... Can't wait to see this expand!
July 25, 200816 yr folks breaking agreements. I wonder if that will have an affect on future growth, but I think once the building is up and finished it will sell out. Good. Then they can start on the next building. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
July 26, 200816 yr http://www.theavenuedistrict.com/zaremba/rent-to-own/ Was I the only one who was previously unaware of their rent-to-own option?
July 26, 200816 yr http://www.theavenuedistrict.com/zaremba/rent-to-own/ Was I the only one who was previously unaware of their rent-to-own option? Now I just caught that as well. I mentined this before that a lot of builders/developers are trying out new programs to get people into their buildings and for those with less than stellar credit rent-to-own can be a way to help get that first crib.
July 26, 200816 yr Silly boys, I posted this a month ago :-P Also, Zaremba has a couple of new incentives to help both current renters and homeowners get into a new place at any of their developments: Special Offer Zaremba Homes Earned Equity Program Lease to Own Program Zaremba is offering a lease to own option to help renters who don't have the money for a down payment achieve home ownership. Qualified program participants can choose any one of Zaremba's beautiful inventory homes. Depending on the monthly payment, 50 to 65% of the monthly payment for that home will be applied towards the down payment for a 12-month period.* This special program not only allows potential buyers to build equity in a home but also to lock in its purchase price. If you'd like more information, contact the sales manager at the community you are interested in. The Avenue District - Frank Lalli Call: (216) 589-8524 Barnsley Way - Lisa Saffle Call: (440) 546-1776 Chapman Grove - Lisa Saffle Call: (330) 722-8815 HarborWalk - Lisa Saffle Call: (440) 288-8611 Woodhaven- Frank Lalli Call: (216) 274-0080 SouthLake - Lisa Saffle Call: (330) 273-5499 *Qualified program participants must get loan pre-approval. **************************************************** Special Offer Zaremba Home Marketing Service Zaremba's Home Marketing Service takes the stress out of selling your home when you want to buy a new Zaremba home. With this service, Zaremba will provide you: Monthly listings and photos on MLS.com Online and print advertising through Harmon Homes “For Sale” signage Contract assistance Disclosure assistance Fair Housing documents and compliance assistance Assistance in staging your home for an open house Assistance from a Licensed Agent with a minimum of 10 years experience Negotiation with a co-broke agent for offers on your home When your home sells, you pay only a 1/2% fee based on the selling price. There are no other charges from Zaremba!* To take advantage of this fantastic offer, you must: Have a market value appraisal on your home conducted by a lender chosen by you from a group of three lenders recommended by Zaremba. List the home for the appraised market value. Provide loan pre-approval at contract signing. Have a contingent contract with Zaremba for a home and provide Zaremba with $2,000 earnest money before we will list your home. If a contract is cancelled for any reason, all earnest money will be forfeited, and all listing services will be cancelled immediately. Schedule and conduct your open houses to fit your own schedule. For more information, contact the Sales Manager in the community you are interested in. *For details, see a Sales Manager. The Avenue District - Frank Lalli Call: (216) 589-8524 Barnsley Way - Lisa Saffle Call: (440) 546-1776 Chapman Grove - Lisa Saffle Call: (330) 722-8815 HarborWalk - Lisa Saffle Call: (440) 288-8611 Woodhaven- Frank Lalli Call: (216) 274-0080 SouthLake - Lisa Saffle Call: (330) 273-5499 Download Home Marketing Program Addendum
July 26, 200816 yr I imagine "rent to own" (which you see all over the place now a days) is similar to (or exactly) the concept of a "land contract". Like MTS suggested, it is usually used in situation where the buyer does not have stellar credit (and cannot obtain a traditional loan from a bank so the seller is "sorta" financing the purchase) and or does not have money for a down payment. You build up equity as you rent but can walk away at anytime without any consequences (in other words you won't be liable for the balance of a huge loan) but you also lose the "equity" you are building up (although some people don't see it that way as they view it as just like renting where they are not building up equity in any event). The seller is making $$$ and in the long run may filling get rid of a property that in most instances was not very marketable. The law provides certain safeguards for the buyer (like title must finally transfer after a number of years even if the final purchase price has not been reached. At that point the transaction becomes more or less a traditional secured loan). Given the type of buyers the Avenue District attracts (well heeled), the traditional concept of rent to own or land contract (bad credit or no down payment) is not what is driving this although the mechanics would be similar. This appears to be a new marketing technique, giving a potential buyer the opportunity to see if he likes the building...if he does Zaremba sold another unit...if he doesn't...it is just like renting (which he was probably doing previously) and in the short term Zaremba is making some $$$ on units that may have just sat empty. I wonder if there is a limit on the number of units or a type of unit this applies to. Quite ofter other buyers don't like too many renters in a building for a variety of reasons.
July 28, 200816 yr Oh come ON! Like I don't have anything better to do with my lunch hour?!? ;-) Btw, folks - I post these photos for everyone's enjoyment on the forum, and I have a working relationship with the Avenue District folks. However, to those out there who I do NOT have a working relationship with, particularly realtors - you need to ask me for permission to use my photos. At the very least, you should credit each of my photos that you post on your blogs and link them to my site. Failing to do so constitutes violation of *federal* copyright laws since you're using your blog as a promotion/ad for your business. Thanks! :-) clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
July 28, 200816 yr Hehe, thanks. Looks like (in the last picture) they're painting/sealing the cinderblock so it doesn't look so, um, exposed until the surrounding buildings get built.
July 28, 200816 yr So I was going to downtown Akron this morning and noticed this - http://www.northsidelofts.com/main.php. Looks to be the Avenue District's twin to the south. Same architecht perhaps?
August 8, 200816 yr Glass going in for the 'spensive units: clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
August 8, 200816 yr How are these for aerial views of the Avenue District?!?! The pics are from the 28th floor of One Cleveland Center. I shot more from there. See: http://www.urbanohio.com/forum2/index.php/topic,16957.0.html Loft condo building under construction: Townhouses: "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
August 8, 200816 yr Glass going in for the 'spensive units: The 1.something million dollar corner penthouse with three huge terraces is still available!!! Any takers? ;)
August 8, 200816 yr The official NEO Urban Ohio Clubhouse? Hahaha, Zaremba should give it to us in exchange for our excellent marketing skills. :-D
August 8, 200816 yr well at last count there were 2364 urbanohio members, so if we all chip in $423.01, it's all ours! :)
August 8, 200816 yr well at last count there were 2364 urbanohio members, so if we all chip in $423.01, it's all ours! :) Well when you put it like that.....
August 8, 200816 yr well at last count there were 2364 urbanohio members, so if we all chip in $423.01, it's all ours! :) Who do i write my check out to?
August 8, 200816 yr urbanohio.com...? and with 2,364 subleasers, we each will have approx. 3 hours and 42 minutes to enjoy it per year.
August 8, 200816 yr You people have WAAAYYY too much time on their hands! But that's damn funny! "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
August 8, 200816 yr I'm in. That's 2364 keys to keep track of.....I could see some hellacious happy hour get-togethers there. :drunk:
August 9, 200816 yr Are they doing any construction in front of that ugly parking garage. Is that construction of a second phase or some temp situation?
August 9, 200816 yr The parking garage is underneath all of the buildings, which means that until the other buildings get built, you're gonna see some of it.
August 12, 200816 yr The rounded corner section is coming along nicely: clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
August 12, 200816 yr Preeeeeeetty. While we're looking at pictures, I was feeling artistic (well, in actuality, bored) while I was sitting on my couch making a presentation for work the other night. I noticed that the skyline reflected quite nicely in my computer monitor seeing as I use black slides, so I decided to take a picture. The blurry green/orange/pink/white stuff is a bunch of chemical structures from my presentation, and obviously the skyline is what's in focus..... oh, and our blinds are in there too. Anywho, just wanted to share the reflection of the day :).
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