September 18, 200816 yr Peds! "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
September 19, 200816 yr I like the finished product rendering, so don't get me wrong, but right now I am not diggin' this building. I understand the rationale behind the delay to build the other two phases of this building, but must ask - are the other two phases just a "when" question or is "if" in the equation at all? Also, will Zaremba build the other two parts in separate phases or at the same time? Or am I just asking questions that don't have an answer yet? Thanks.
September 19, 200816 yr It is definitely phased. When a certain percentage (and I don't know the number) of the current tower is sold, they can begin presales on the next phase. When presales of that phase hit 50% they can get financing to build (someone correct me if I am wrong but that is the way it has been explained to me). You'll never make everyone happy. Some people wonder why people like stark don't start small and start building instead of holding out for the "big bang", and some people don't like it when they only put up one phase of a block. I think this makes the most business sense. The market will dictate when the next phase begins.
September 19, 200816 yr It is definitely phased. When a certain percentage (and I don't know the number) of the current tower is sold, they can begin presales on the next phase. When presales of that phase hit 50% they can get financing to build (someone correct me if I am wrong but that is the way it has been explained to me). You'll never make everyone happy. Some people wonder why people like stark don't start small and start building instead of holding out for the "big bang", and some people don't like it when they only put up one phase of a block. I think this makes the most business sense. The market will dictate when the next phase begins. What he said. And, after the Fed illiquifies the bad debt in the banks today and therefore does not make them liable, the banks now know they can issue bad loans forever and not pay the penalty, the housing market will rebound and Zaremba can start selling units in the next phase. How's that for a run on sentance and keeping it within topic.
September 19, 200816 yr How can this project carry on with such dire news from Eaton just down the street? I thought Eaton's possible departure for Beachwood meant the end of the Avenue District, FEB, Pesht, Uptown, CSU, and all $2 billion of investment along the Euclid Corridor?
September 19, 200816 yr Yeah, I heard all 450 people Eaton employed were signed on to live in the avenue and they pulled their commitments. :)
September 19, 200816 yr Yeah, I heard all 450 people Eaton employed were signed on to live in the avenue and they pulled their commitments. :) That was scary McCleveland, I came back to this page to say almost the exact same thing.
September 30, 200816 yr New press release....... Zaremba, Inc. unveils plans for new E-Unit Townhomes New floorplan, price point available at The Avenue District CLEVELAND - Sept. 29, 2008 - Zaremba, Inc., developer of The Avenue District, a $300 million walkable neighborhood in downtown Cleveland, has released plans for a new set of 10 townhome units on the development's southeastern edge along East 15th Street. These townhomes will bring the total number of living units at Block 3 to 30. "The addition of the 10 E-Units to our existing 20 townhomes gives prospective buyers more opportunities for townhome living in downtown Cleveland," said Nathan Zaremba, president of Zaremba, Inc. "The price point and layout also open the living option to a wider audience." The E-Units feature a new 1,400-square-foot floorplan, with two bedrooms and two bathrooms on the upper level. Residents will have the option, early in the planning process, to build one parking space and a bonus room, or two parking spaces. There is a unique end unit available that has three-sided window exposure. All units have a rooftop balcony. The E-Units start at $264,900, which is the lowest price point at The Avenue District. Currently, five of the 10 E-Units are available for pre-sale. Details and floorplans are available on www.TheAvenueDistrict.com. Owner orientation and occupancy began in late July for The Avenue District's second 10-unit townhome building, nearing the finishing stages of interior buildout, exterior finishing and full landscaping. The first townhome building began occupancy in October 2007. Cleveland-based developer Zaremba, Inc. broke ground on The Avenue District in September 2006, and the first phase, which is scheduled for completion in spring 2009, includes the construction of 30 townhomes, 54 lofts, eight penthouses and up to 7,000 square feet of retail space at the corner of East 12th Street and St. Clair Avenue. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
September 30, 200816 yr Hehe :-D. Okay StrangeBrew, when are we going to get some retail announcements since everyone is dying to know?!?!
September 30, 200816 yr And it appears we have a new townhome site map and some illustrations! http://www.avenuedistrict.blogspot.com/
September 30, 200816 yr ^ yes, good news. :clap: i went to the avenue website again and played the 'welcome' video. it's excellent. in fact its perfect. says all the right things we wanna hear. i also noticed the rent to own option and that is another good idea. gotta love developers with flexible thinking like that. very good! Rent to Own Zaremba is offering a rent 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
September 30, 200816 yr I just realized those units are only 1,400 square feet? :? I guess if it gets you into the market it's a good thing.
September 30, 200816 yr I don't think 1400 is too small. As we all know, bigger is not better in the housing market - sprawl, mcmansions, over stretched families... If it's well designed & has the other amenities of being Downtown, I don't see a problem with 1400 sq feet.
September 30, 200816 yr MTS just has exorbitant amounts of stuff as we've discussed somewhere upthread :-D. Our townhouse is only about 1300 sq ft and works just fine for us since we're "whippersnappers" who haven't had long to collect things!
September 30, 200816 yr I don't think 1400 is too small. As we all know, bigger is not better in the housing market - sprawl, mcmansions, over stretched families... If it's well designed & has the other amenities of being Downtown, I don't see a problem with 1400 sq feet. MTS just has exorbitant amounts of stuff as we've discussed somewhere upthread :-D. Our townhouse is only about 1300 sq ft and works just fine for us since we're "whippersnappers" who haven't had long to collect things! Doc Broc. shhhh! It's not that. Maybe it's how I grew up. or maybe I've lived in a home that was too big for too long and I'm out of touch with today's market or buyer. I know the idea is to live in your home but have access to amenities close buy and to be a part of the fabric of your neighborhood, but to me, 1,400 square ft. seems like it would be claustrophobic.
September 30, 200816 yr I understand your point of view - my mother thought our place was going to be claustrophobic until she visited cause my parents have a 2800 sq ft house. We, on the other hand, had just come from 4 years of living in a dorm room and two years of living in 600 sq ft apartments, so we think it's plenty big for us right now.
September 30, 200816 yr I think this also gets to a bigger point - how much is too much? Is that extra five feet out worth it? The extra bath for when you have visitors twice a year? Perhaps its a good lesson to learn about living in modesty. Am I getting too philosophical? I feel so. Don't think MTS, or anyone, that I'm preaching, because I'm not. Just thinking aloud.
September 30, 200816 yr Glad to see they're getting started on the next set. Townhomes at this price point in BP & AD seem to be selling well. Not thrilled about the garages being up front on the new set, but I haven't seen enough of the site plan to know how necessary this is. It's also hard to tell from the drawings what type of materials they're going to use. I hope it's some quality stuff, as these will be the first set that make it all the way to a Superior Avenue frontage.
September 30, 200816 yr Glad to see they're getting started on the next set. Townhomes at this price point in BP & AD seem to be selling well. Not thrilled about the garages being up front on the new set, but I haven't seen enough of the site plan to know how necessary this is. It's also hard to tell from the drawings what type of materials they're going to use. I hope it's some quality stuff, as these will be the first set that make it all the way to a Superior Avenue frontage. This set has to be front-entry because they're right between E. 15th and an existing building.
September 30, 200816 yr No, the biggest point is that MTS feels some uncontrollable urge to post every single time he sees a housing unit (other than his own). We get it, it's all too small, there isn't enough closet space, and that row of cabinets should go over by the sink instead of the dishwasher, blah blah blah :roll: That said... Thank you. :-) clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
September 30, 200816 yr I think this also gets to a bigger point - how much is too much? Is that extra five feet out worth it? The extra bath for when you have visitors twice a year? Perhaps its a good lesson to learn about living in modesty. Am I getting too philosophical? I feel so. Don't think MTS, or anyone, that I'm preaching, because I'm not. Just thinking aloud. Your point is a good one and probably should be in another thread. I understand your point of view - my mother thought our place was going to be claustrophobic until she visited cause my parents have a 2800 sq ft house. We, on the other hand, had just come from 4 years of living in a dorm room and two years of living in 600 sq ft apartments, so we think it's plenty big for us right now. Not until I started to actively participate in UO, did I realize what a waste of a home I grew up in. My father lived in a big house (in Glenville) and he wanted to "suburban dream" of owning an even bigger house. Granted it was just the four of us. So all my life I had the "bigger is better" housing mentality which was rampant and quite popular in the 70's & 80's across the country. When we lived in Cleveland Hts., our house was 4600 sq. ft. I clearly remember when we moved to Shaker, my brother and I were scared to death because the house was so big and scary. My parents bedroom was at one end of the house and our bedrooms were at the other end. We had the "scary tree" outside of our bedroom windows. Then as I went thru school all the kids would talk about was what I have; where I live; how big of a house you lived in; what type of car your parents had or what type of car you were getting for your 16 Bud, etc. I think it's apart of my era's - the status symbol era - DNA that bigger is better.
September 30, 200816 yr Glad to see they're getting started on the next set. Townhomes at this price point in BP & AD seem to be selling well. Not thrilled about the garages being up front on the new set, but I haven't seen enough of the site plan to know how necessary this is. It's also hard to tell from the drawings what type of materials they're going to use. I hope it's some quality stuff, as these will be the first set that make it all the way to a Superior Avenue frontage. It looks like it would be impossible to fit garages on the back portion of the townhomes. The footprint is very small and there is an existing building to the immediate east. Now if they had put that new street that they built a little further to the west, then they could have put the garages on the back part. But then you'd have an extra street cutting into the development off of Superior. That would add a lot of costs and an asphalt to the overall development site. I'd glad that they're doing this portion now. It will help bookend the site a bit. As is, the current townhomes look like they fell into a surface lot.
September 30, 200816 yr I think the other great thing about these new units is (as I've understood it) they are supposed to have small yards in the rear of the units. That's a great perk.
September 30, 200816 yr I do feel like I live in a surface lot some days.... You can set me back to that default position for new users "0' - surface lot" and it'll actually be true :-D. But it is nice that we have insane amounts of parking for guests for the time being....
September 30, 200816 yr If they get a little plot o' green, that's great. I'm sure they could've pinched the site a bit to put the parking access off a rear drive, but I'm not the architect, so I'll settle for a well-designed front-in version. I'm being picky... I just don't like all those curb cuts!
October 9, 200816 yr What's the second pic? Is that the parking lot? The concrete being poured in the foreground is E. 12th St. In the background is the entrance to the parking garage which will eventually have more development built on top of it.
October 10, 200816 yr Goodness, I wish they could buy and tear down that parking garage! I would not want to look at that from my house!
October 10, 200816 yr Goodness, I wish they could buy and tear down that parking garage! I would not want to look at that from my house! Not to mention it blocks the view of the lake from the lower floors! Maybe someday..... All in due time...... :-D
October 10, 200816 yr Goodness, I wish they could buy and tear down that parking garage! I would not want to look at that from my house! Not to mention it blocks the view of the lake from the lower floors! Maybe someday..... All in due time...... :-D That's exactly why I wish it was gone! I bet if it was gone, they could increase the price point for a "lake view", especially on the upper floors.
October 10, 200816 yr Goodness, I wish they could buy and tear down that parking garage! I would not want to look at that from my house! Not to mention it blocks the view of the lake from the lower floors! Maybe someday..... All in due time...... :-D That's exactly why I wish it was gone! I bet if it was gone, they could increase the price point for a "lake view", especially on the upper floors. Well, the people on the back side of the 1211 building will eventually be looking at a green courtyard with 4-ish story buildings lining Hamilton (the street the parking garage is on), so the prospect of selling a lake view from the bottom couple of floors is shot..... But it sure would be nice for the future development on Hamilton to not have to look at that thing right outside the front door.
October 10, 200816 yr Also, a bit of a streetscape update. http://avenuedistrict.blogspot.com/2008/10/work-continues-on-east-12th-streetscape.html
October 10, 200816 yr Well, the people on the back side of the 1211 building will eventually be looking at a green courtyard with 4-ish story buildings lining Hamilton (the street the parking garage is on), so the prospect of selling a lake view from the bottom couple of floors is shot..... But it sure would be nice for the future development on Hamilton to not have to look at that thing right outside the front door. Oh ok. I just reviewed your link. The first picture shows the Hamilton side and have a better understand of the view. I'll have to walk past and take it in from Hamilton, Lakeside and that alley/street east of the project.
October 10, 200816 yr Well, the people on the back side of the 1211 building will eventually be looking at a green courtyard with 4-ish story buildings lining Hamilton (the street the parking garage is on), so the prospect of selling a lake view from the bottom couple of floors is shot..... But it sure would be nice for the future development on Hamilton to not have to look at that thing right outside the front door. Oh ok. I just reviewed your link. The first picture shows the Hamilton side and have a better understand of the view. I'll have to walk past and take it in from Hamilton, Lakeside and that alley/street east of the project. Site 1 is bordered by E. 12th to the west, St. Clair to the south, Hamilton to the north, and E. 13th to the east. The old website had renderings for each street facing posted...... I wonder if someone has them posted earlier in this thread...... At any rate, there will be 4-ish sides of buildings with a green courtyard in the center, but the current 1211 building will be the tallest part.
October 10, 200816 yr Got tired of scrolling after 30 some-odd pages, but here are a few reminders about the plans for Site 1.... http://www.urbanohio.com/forum2/index.php/topic,2525.0/msg,129610.html http://www.urbanohio.com/forum2/index.php/topic,2525.0/msg,76821.html http://www.urbanohio.com/forum2/index.php/topic,2525.0/msg,126203.html
October 10, 200816 yr Got tired of scrolling after 30 some-odd pages, but here are a few reminders about the plans for Site 1.... http://www.urbanohio.com/forum2/index.php/topic,2525.0/msg,129610.html http://www.urbanohio.com/forum2/index.php/topic,2525.0/msg,76821.html http://www.urbanohio.com/forum2/index.php/topic,2525.0/msg,126203.html Thanks Pumpkin!
October 10, 200816 yr I love that they have the national gas price averages on their site. Brilliant!
October 10, 200816 yr Except for gas doesn't cost $2.18 here :( . Is that thing accurate? :? I took that as a national average. I paid 2.80 yesterday.
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