May 9, 200718 yr My question again is, what does BURKE have to do with Pesht? I do not see the connection, which is why I suggested keeping the ferry discussion in its own thread.
May 9, 200718 yr i'm sorry, but MTS lecturing someone about staying explicitly on topic? pot...... ...head? I'm not lecturing I'm asking a question as to how they relate. I'm not understanding. So instead of taking time here, I figured why not discuss this or (for me) clearly explain this in the thread that current exits.
May 9, 200718 yr I'm not lecturing I'm asking a question as to how they relate. I'm not understanding. So instead of taking time here, I figured why not discuss this or (for me) clearly explain this in the thread that current exits. I think it's that the overall Pesht plan (or maybe the last stages) extends all the way north to where the Port is. So if the ferry thing brings up the news item that the Port is potentially moving to a different site (Burke instead of a new offshore island) that would allow it to vacate it's current space more quickly, it totally relates. :) (Phew!)
May 10, 200718 yr This is also in the downtown office vacancy thread. We knew this but: __________________________________ Follow the leader? Stark to move HQ downtown Posted by Henry J. Gomez May 10, 2007 11:29AM Categories: Breaking News, Economic development Developer Bob Stark, who for a year has been pushing a vision for a revitalized Warehouse District, plans to move his firm's headquarters to downtown Cleveland, The Plain Dealer has learned. Stark Enterprises Inc. has purchased a five-story building at 1350 West Third St. with plans to renovate the former Captain Frank's restaurant. According to the Cuyahoga County auditor's office, Stark 1350 LLC paid $1.3 million for the property. http://blog.cleveland.com/business/2007/05/follow_the_leader_stark_to_mov.html
May 10, 200718 yr 3231, looks like Mov2Ohio beat you to the punch. :-) clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
May 10, 200718 yr Actually, I made a comment in the deleted post that I feel points out something interesting. I don't think that City officials would show up for a major announcement with Stark if that announcement only centers on his small firm's move to the titanic building.
May 10, 200718 yr The main part of this that caught my eye was... "Darryl Whitehead, Stark's spokesman, only would confirm that a "major announcement" is planned for next week with city of Cleveland leaders. Andrea Taylor, Mayor Frank Jackson's press secretary, said she is "aware that they are moving their headquarters down here."" "Major announcement", while the mayor's press secretary said that they already know that the headquarters is moving... which means the major announcement has to be something else... Could this be the announcement we were waiting for? :mrgreen:
May 10, 200718 yr This story is inaccurate. It should read: Developer Bob Stark, who for a year has been pushing a vision for a revitalized Warehouse District, plans to move his firm's headquarters to downtown Cleveland, The Plain Dealer learned after reading UrbanOhio and pretending we did our own reporting.
May 10, 200718 yr Stark Enterprises Inc. has purchased a five-story building at 1350 West Third St. with plans to renovate the former Captain Frank's restaurant. According to the Cuyahoga County auditor's office, Stark 1350 LLC paid $1.3 million for the property. http://blog.cleveland.com/business/2007/05/follow_the_leader_stark_to_mov.html If he decides not to knock it down in the future, I think it would be cool to integrate it in the final plan almost like a historical building, haha. Turn the roof into a large patio/balcony and have the entrance be from adjoining taller buildings. A historical plaque "think-tank of Robert Stark Enterprises" or "original building".....well maybe I'm just too giddy with excitement for these stupid ideas.. He has yet to offer specifics on how much the housing will cost and he has been working to secure leases from retailers. He will attend the International Council of Shopping Center's annual spring convention later this month in Las Vegas, with leasing on his mind. http://blog.cleveland.com/business/2007/05/follow_the_leader_stark_to_mov.html It will be interesting now what he can snag in Las Vegas with Phase I planning most likely going to be complete for the retailers to choose locations. This may be make-or-break to start off the project with a bang. Good luck Stark, bring back a winner.
May 10, 200718 yr It will be interesting now what he can snag in Las Vegas with Phase I planning most likely going to be complete for the retailers to choose locations. This may be make-or-break to start off the project with a bang. Good luck Stark, bring back a winner. I'd like a Barney's please!
May 10, 200718 yr The port relocation is VERY relevant to the Stark-led development. In fact, it's essential. The entire third article of my three-part series last year on Stark's plans dealt exclusively with the relevance of relocating the port. I am going to try to learn what the major announcement is. I have some stuff on Stark's rationale for moving downtown... Businesspeople don't do PR moves unless there's a sound business reason behind it. But I need to know what the announcement will be since Sun doesn't come out for another week and I will be on my two-week trip to Europe starting late Friday. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
May 10, 200718 yr If he decides not to knock it down in the future, I think it would be cool to integrate it in the final plan almost like a historical building, haha. Actually, I believe Captain Frank's is a 19th century building -- it just has an ugly new facade. I have heard that the original facade is restorable. Great news, BTW! Hope to hear some dates soon.
May 10, 200718 yr The port relocation is VERY relevant to the Stark-led development. In fact, it's essential. The entire third article of my three-part series last year on Stark's plans dealt exclusively with the relevance of relocating the port. I am going to try to learn what the major announcement is. I have some stuff on Stark's rationale for moving downtown... Businesspeople don't do PR moves unless there's a sound business reason behind it. But I need to know what the announcement will be since Sun doesn't come out for another week and I will be on my two-week trip to Europe starting late Friday. Could it be they have a preliminary design or renderings for phase one, or perhaps he has some tennants already. Just throwin' some ideas out. I sincerely hope, like 3221 said, its not just stark is moving his offices downtown (where they should've been all along).
May 10, 200718 yr I have a friend who works for Stark that told me two months ago that he just may be breaking ground a lot sooner than people believe. I am HOPING this will be the big announcement...but who knows.
May 10, 200718 yr Uh oh...getting our hopes up even more. C'mon man, don't do that! We're already excited for what's been proposed, haha.
May 10, 200718 yr Heres the story from Crains.... 50 employees, even better than 25. Stark firm to move HQ downtown By STAN BULLARD 3:11 pm, May 10, 2007 Article Removed
May 11, 200718 yr I saw the numbers for Pesht Phase I at a meeting today for Cleveland 2020's Downtown neighborhood plan. The numbers given were: 1 million sq ft retail 750,000 sq ft office 600 units of residential So it's smaller than I thought, but still substantial. The 3 million sq ft I had heard must include the retail space and is probably gross space.
May 11, 200718 yr Ok fellow urbanites, chew on this: Last night a member of the Port Authority told our group that A) the ferry service/terminal to Canada is picking up serious steam from the Canadian side and they want Cleveland as the U.S. terminal. The Canadians felt that "Cleveland was the best location for this on the lake." .....And the reason I'm posting this on the Pesht thread; B) The PA is not focusing on this "port island" scheme any longer; they have their eyes on Burke. They have come to the conclusion that the port island will be too expensive and not a timely, realistic option for them. This PA member gave stats on Burke's financial performance (not good) to the city and flight activity. Only about 3,000 of Burke's 86,000 flights were commercial, revenue-generating activity. The rest were training and recreational. The Burke site offers quick access to the highway, access to rail, and plenty of room for potential container/intermodal operations. The ferry terminal and staging area would be located there as well. The PA's relocation to Burke is much more realistic than the port island and could happen in a matter of years, not decades. I believe the implications of this plan regarding Pesht are obvious. This is going to happen. :-D Pretty good stuff, huh? Anyone know if the port and Burke could operate on the same land?
May 11, 200718 yr ^I'm lazy...how does that compare to the new East Bank? its comparable in units and office space, but i think that Stark has about 4x the amount of retail than the east bank does.
May 11, 200718 yr I hope that both Wolstein and Stark can fill that office space with tenants other than those already downtown, be they from the suburbs or outside the region. Otherwise, 2 million new square feet of Class A office space would just capsize the market.
May 11, 200718 yr I'll gladly take 750K sq feet of office -- 1M in retail can only mean he's talking to a major chain/dept store of some kind... he couldn't fill that kind of space, in the Phase 1 bounded area w/ a bunch of small shops and restaurants. It appears in his attending the International Council of Shopping Center's convention, Stark is going shopping for shopping... But this is good. Start smaller and let's see where the market takes Stark. Remember, RE prices are still falling, nationwide. WHD is Cleveland's hottest hood, but it's relative. I just want Stark to get going, and all this activity FINALLY makes me believe that, yes, he really is about move... I haven't heard anything solid about a hotel in the Pesht, yet, but I'd love one to be part of the mix.
May 11, 200718 yr hell, isn't one full size grocer about 250k? (i'm sure the market will be due soon enough)
May 11, 200718 yr Just to give size comparisons, one million square feet of retail is about 70,000 sqft larger than Richmond Mall, which has 3 department stores, 20 screen movie theatre and 75 other stores.
May 11, 200718 yr One big thing I would like to see is some sort of 24-hour place...My Friends, IHOP, whatever....that's something else downtown is missing that could be incorporated with this project. These square feet numbers don't really mean anything to me...the area is huge where he'll be building, that's all we need to know. I'm ready to spend my money there as well!
May 11, 200718 yr hell, isn't one full size grocer about 250k? (i'm sure the market will be due soon enough) Pope, I think you're in my neighbohood.. I read that the University Square center is 612,000-square-feet total; the Tops that was there was 58,000-sq. feet, if you've been to either for reference.
May 13, 200718 yr also for comparison, the whole foods in chelsea in ny, the first whole foods in nyc, is 30k square feet. feels big to me and it seems big enough size-wise for a pesht grocery. of course i'd rather any big new downtown grocery be local.
May 13, 200718 yr hell, isn't one full size grocer about 250k? (i'm sure the market will be due soon enough) For reference, the Super Wal-Mart at Steelyards is around 250k sq ft.
May 15, 200718 yr I thought it was supposed to be today. Last week the link just said "next week", I don't recall it being specific, unless I missed something.
May 15, 200718 yr It's interesting that Stark is looking to make his "announcement" this week, before he heads off to Vegas for the Retail/Developers Convention there. You'd think he would wait to come back from that and then share the "big news", right? Along with the HQ move downtown, and the rumblings from the Port Authority, this is all intriguing as hell. I can't wait to see what he's got to say. If this is what we all think it is, this could be one of the biggest announcements in recent Cleveland history.
May 15, 200718 yr five to one he already has 2 to 3 major retailiers signed and just have to back fill the rest of the area to fullfill his contract with these big retailers :mrgreen:
May 15, 200718 yr Let's remember, he did have about a year of a "quiet period" where he was seeking and talking with various retailers. I too wouldn't be surprised if he already has many verbal commitments as well as contracts ready soon. Like Edsiou said, he may just have to fill in the rest of the smaller spaces to lock in the bigger tennants....but I still have a good feeling he's well on his way.
May 15, 200718 yr lets not count too many chickens yet, we may be setting ourselves up for disappointment
May 15, 200718 yr All the downtown shopping is great, but I actually am just looking forward to a little attention to detail downtown. You've got to admit, at Crocker Park, they get the details. During Christmas, it was decorated festively and during the summer time, they have music and stuff. The whole experience does nothing for me because it feels like a movie set, but I think I'd like it if it were to be in an authentic setting. I hope he starts small because then the first little makeover will happen faster rather than some Goliath project. Get a new block with residential, some office and stores there that are in demand. I think this'll help bolster the merchants down there already. That's my hope anyway.
May 15, 200718 yr Well, phase 1, coupled with the East Bank with the Warehouse District in between will transform the city between Public Square and the river.
May 16, 200718 yr Yea I need lots of customers. My clothing is not for the fant heart. :whip:? Do you own the Adult Mart?
Create an account or sign in to comment