August 4, 200618 yr Thanks for the feedback - and rest assured, my camera is ready and waiting! :-) clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
August 4, 200618 yr If anyone here is interested in buying a unit at the Avenue District and wants $1000 in upgrades all you have to do is PM me your name and address*. :wink: *This information will not be shared with any other companies or persons.
August 4, 200618 yr Dear Friends, Okay, I couldn't resist. In the past, I've mentioned that I follow this thread, but I wanted to nip any negative feelings in the bud. We are not in panic mode whatsoever. In fact, since we've been able to sign contracts, sales have been moving very swiftly. We are extremely close to hitting our pre-sale requirement, and any incentives that are being offered, like the referral bonus, is a Zaremba-wide incentive. I can promise each and every one of you that this neighborhood, The Avenue District, will happen. I appreciate everyone's support and interest, and keep watching...you just might see a crane in the air! Sincerely, Don Picciano, Jr. Director of Sales and Marketing Zaremba. Yippe.... :clap: :clap: :clap: Thanks for the feedback - and rest assured, my camera is ready and waiting! :-) Don maybe you should ASK MayDay if he is interested in creating a photojournal of your building project from ground breaking to completion. MayDay could be the exclusive photojournalist for your project. That would be awesome! Sorry, to "broker a deal" and be presumptous on both parties part, but, MayDay, your photos are simply amazing.
August 4, 200618 yr now I'm all embarrassed that I showed signs of doubt! Is August 15th still the start-date for city improvements on the property?
August 4, 200618 yr hey wow -- news straight from the source! i wish other developers would start off projects like zaremba has done. the way they are handling publicity and sincerely requesting and taking in feedback for the avenue is really a model for any other developers. :clap:
August 6, 200618 yr now I'm all embarrassed that I showed signs of doubt! Is August 15th still the start-date for city improvements on the property? By "city improvements" do you mean the construction for East 13th Street (eliminating the median strip, widening the sidewalk, landscaping, etc)?
August 6, 200618 yr New neighborhood is emerging downtown West Side Sun News June 8, 2006 By Ken Prendergast Staff Writer Starting Aug. 15, the first signs of construction will appear for a new neighborhood on the eastern edge of the downtown business district. City workers will begin installing sewer, water and gas lines for the Avenue District, a mix of loft condominiums, townhouses and street-level shops being developed by Zaremba Homes. ###
August 15, 200618 yr well, tomorrow would be the day that they would start. Maybe I'll drive by the site on the way home from work. by the way, where exactly is the first phase?
August 15, 200618 yr Any news? Well, I drove by this morning, and they had a little billboard up on the street with a picture and details. First time I've seen that, I believe. The picture looks really cool!
August 15, 200618 yr Folks, I work literally one block from the Phase One site. Believe me, when I see the lot closed off and equipment on-site, I will be there like white on rice :-D clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
August 16, 200618 yr I think the city of Cleveland is supposed to start infrastructure today for the Townhome section. I haven't seen anything. I've been to The Avenue District sales offices and it looks like they have to put in some new streets.
August 17, 200618 yr August 16, 2006 The Avenue District Poll - Recap If you lived in Downtown Cleveland at The Avenue District, would you consider reducing the number of cars you own? Yes ( 50%) No (38%) Who needs a car anyway?! (11% ) The Avenue District poll results show that 61% of respondents would either consider reducing the number of cars they own or would not own a car altogether! Clearly, if you lived and worked downtown the need for multiple cars is greatly reduced. Think about the extra savings you would have just by eliminating that extra car payment. Combine those savings with special discounted interest rates, a 15-year tax abatement, and pre-construction pricing and there is no better time to reserve your new address at 1211 St. Clair in The Avenue District! With groundbreaking right around the corner, pre-construction pricing will not be available much longer. To schedule an appointment or to learn more about The Avenue District, visit Frank Lalli, Sales Manager, in the Galleria at Erieview or call at 216.589.8524. Whats "right around the corner"??? Im skeptical probably due to District Park hah
August 17, 200618 yr Whats "right around the corner"??? Im skeptical probably due to District Park hah Why are you skeptical?? Remember this post? Dear Friends, Okay, I couldn't resist. In the past, I've mentioned that I follow this thread, but I wanted to nip any negative feelings in the bud. We are not in panic mode whatsoever. In fact, since we've been able to sign contracts, sales have been moving very swiftly. We are extremely close to hitting our pre-sale requirement, and any incentives that are being offered, like the referral bonus, is a Zaremba-wide incentive. I can promise each and every one of you that this neighborhood, The Avenue District, will happen. I appreciate everyone's support and interest, and keep watching...you just might see a crane in the air! Sincerely, Don Picciano, Jr. Director of Sales and Marketing Zaremba.
August 17, 200618 yr I'll bring my shovel if that would help get things started! Then you wouldn't need to go to the CSU Gym until snow hit. LOL
August 17, 200618 yr hmm that icon that shows up with the three question marks made it look more dramatic. im just wishing they would announce a date already about it in their newsletter. on a side note we're on the 20th page of this thing and ground hasnt even been broken lol
August 22, 200618 yr Key piece going into place Zaremba project to test downtown housing market Tuesday, August 22, 2006 Henry J. Gomez Plain Dealer Reporter Nathan Zaremba's office offers a view of Jacobs Field and The Q - two sports complexes that taxpayers helped build. "The public sector has made its investment," the Cleveland developer said as he nodded toward the window. "Now the private sector is making its investment." Scott Wolstein has a $230 million plan to redevelop the east bank of the Flats. Bob Stark has a $1 billion proposal to make over the Warehouse District. Both would bring more for-sale homes to connected neighborhoods predominantly known for nightlife. More at cleveland.com http://www.cleveland.com
August 22, 200618 yr 3 to 5 more? Well, I think that would be tough to get within the next month. Maybe they've got a few in the pipeline.
August 22, 200618 yr Actually (and I know it may sound silly) but in a market like Cleveland, they might get those 3 to 5 simply because the article mentions Minshall buying a unit. clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
August 22, 200618 yr ...they might get those 3 to 5 simply because the article mentions Minshall buying a unit. ...or 10-15 if an article mentioned Charlie Frye or Travis Hafner or Anderson Varejao buying a unit :-)
August 22, 200618 yr or the fact that the PD has it on the front page of the business section giving it attention and more credibility that its a go?
August 22, 200618 yr 3 to 5 doesn't seem like many if they have in fact gotten 23 in the past 3.5 months. That's an average of something like 7 a month. Not sure I like the idea of becoming "the next Minneapolis." How about just a more vibrant Cleveland?
August 22, 200618 yr ^ Only until they get the damn District built; then it's Cleveland's Near East. Take that, American Community Survey!
August 22, 200618 yr "District Park is definitely in our future". Nice to hear. 23 units sold before shovel touches the ground seems pretty substantial to me, especially when viewed in connection with the front page article about Cuyahoga Counties lack of new housing starts.
August 22, 200618 yr It's a heart (on its side). For example, this would be a rose: ----<@ clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
August 22, 200618 yr ^well, we'd have a lot more housing starts if Zaremba and Wolstein would put some shovels in the dirt.
August 22, 200618 yr It's a heart (on its side). For example, this would be a rose: ----<@ Ok, I can see the rose, but the "heart" looks more like someone's "mooning" the thread. Nice new avatar, by the way!
August 22, 200618 yr I'm sure Zaremba and Wolstein are going as fast as they can. The housing market is terrible. For them to do what they've done in this short amount of time is impressive.
August 22, 200618 yr The downtown housing market would fly if they had condo's from $90-175's. i would love to live downtown but not for $230-1300's. plus maintain fees.
August 22, 200618 yr The downtown housing market would fly if they had condo's from $90-175's. i would love to live downtown but not for $230-1300's. plus maintain fees. But developers probably wouldn't make a dime and it would be much more difficult to attract retailers.
August 22, 200618 yr Hmm... maybe not for the first wave of housing, but down the road, I do think that a handful of $125K-$175K units wouldn't be cost-prohibitive (operative word - handful, not the entire building). clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
August 22, 200618 yr impossible to price quality new construction at that price. i diasagree. there is a huge profit margin here, that is why the developers are undertaking the projects. however, to keep their returns in line, they are focusing on higher end units to start with - much more room for error and cost overruns, etc on a 400k unit than on a 200k unit. but it also shows you how hard it is to develop. even a seasoned developer with deep pockets, huge contact list and lots of experience, can't get financing unless over half of the units are presold.
August 22, 200618 yr Somewhere the developers guesstimated that $230-1300's for a condo is the "correct" price of a condo downtown now and in "hot" neighborhoods. However developers are making condos in the not so hot neighborhoods for $90-175 range. Painters lofts on west side, payne ave lofts and muller condos on the east side, come to mind.
August 23, 200618 yr Those in particular are conversions. Simmilar warehouse buildings on superior could be converted (allthough the area is thriving just fine, and I would rather have ot stay the same). New wood frame condos and houses in Tremont are in the 300k range. Stucco (maybe some cincerblock) condos made in the Little Italy area go for maybe 400k range. I think if they were to make a set of condos with quality in structural design and cheap out on the interriors (does everything need to be granite and inlaid hardwood floors?) prices could come in at a lower entry point.
August 23, 200618 yr Brief but thoughtful discussion of this issue (lower price condos in downtown districts versus more expensive units) on page 4 of "Cincinnati: Downtown: One River Plaza" thread.
August 23, 200618 yr I walked by the sales office a couple times at the Galleria today, and every time there was someone sitting at the desk talking to the employee. It was nice to see (and I hope they weren't just asking for dates! lol).
August 24, 200618 yr I sure hope this flies. THE UPSIDE - The buildings are good looking - appear to have the type of density I'd like to see in downtown. - appears to be little destruction of existing structures since these buildings appear to be rising on ugly surface parking - spinoff can really help Erieview & the beautiful Galleria shopping mall come back to life - for the "upgrade the current site" convention center camp, Ave Dist could be just the ticket as it will put a burst of residents, retail and energy just a few blocks away. THE DOWNSIDE - it's in a rather desolate, untested area away from the active nodes and is backed up against a still 'transitional' light industrial area to the east. ^I wish we'd FINISH one downtown area before we leap-frog to a new one; I'd sure like to see these buildings going up on Stark's lots along the Square - because this is an untested, isolated area, it seems rather foolhardy (per the PD's characterization) that it's being used as a trial balloon for the other developers -- I sure hope that's not the case. The other projects have locational advantages over the Ave Dist to be weighing their projects based on this one. - could it possibly suck energy away from other parts of downtown that, other than the Warehouse district, to a degree, are searching for their own strength and identity? Let's hope not. Let's hope that it's a case of: the more the merrier. If the presales are as strong as they're saying; enough to get the shovels digging in a month or so, this could be a great sign for downtown, period. Also, let's hope the other projects are far enough along to get going on their own. Ave Dist certainly can pump life into downtown, for sure.
August 24, 200618 yr That part of downtown proper gets desolate because of the current uses in the area. It is the proverbial skid row zone that is allways near the CBD. The CMHA tower, homless shelter somewhere on lakeside, bus station, strip clubs, welfare office, al sorts of light industry, in the area.
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