Did environments 4 business already close? If so, why?

 

They moved to Flats East Bank (1400 West 10th Street Suite 200).

It moved into new digs in the flats

 

the flats proved to be a better Environment 4 Business

What does this do?

 

Cleveland Planning Commission

Agenda for December 16, 2016

 

 

ADMINISTRATIVE APPROVALS

Ordinance No. 1443-16(Ward 3/Councilmember McCormack): Authorizing the Commissioner of Purchases and Supplies to acquire and re-convey properties presently owned by Euclid Avenue Garage, LLC and Samal Euclid LLC, or their designees, located at 515 Euclid Avenue for the purpose of entering into the chain-of-title prior to the adoption of tax increment financing legislation authorized under Section 5709.41 of the Revised Code; and authorizing an agreement with Euclid Avenue Garage, LLC and Samal Euclid LLC, or their designees.

^I think it's a technical requirement for the TIF. This seems like a very good sign.

^I think it's a technical requirement for the TIF. This seems like a very good sign.

Does this mean financing is almost in place for the tower?

Just spoke with someone close to Stark. They've been moving on this project with third parties with the intention on breaking groun (or breaking roof) by early Feb

Just spoke with someone who had some contact with the nucleus architects and and according to them this project will happen.

Just spoke with someone who had some contact with the nucleus architects and and according to them this project will happen.

 

Nucleus or 515?

515

I had a few drinks this weekend a couple of friends, among which was someone whose word I trust very deeply, especially with development and real estate in Cuyahoga County. It is her impression that neither 515 or nucleus, the two main Stark projects, will not see any physical genesis in 2017. I know that is not startling for nucleus, which looks like it may not be realized at all. I was, however, surprised to hear that about 515, as it was my understanding that construction would begin in a couple of months.

 

I am praying she is wrong, but she seldom has been in the past. Has anyone else heard anything to the contrary? I was not well-equipped with facts enough to argue with her, but I thought financing was all but done on 515.

I wouldn't put too much into what anyone says honestly. We  can all speculate and have connections, but even those closest to projects are often wrong.

 

I knew about a dozen people working on the Kingdom Tower in Jeddah, Saudi Arabia. The firm designing the building took the position that it had zero chance of moving forward and as such the project team worked on it with the mentality that it was nothing more than a dream project. Then it broke ground.

 

Obviously not exactly the same, but unless your source is Stark himself there's not really much reliable about it.

Even if a developer said construction was about begin, I wouldn't believe it until I see shovels in the ground. Developers are cheerleaders, salespeople and eternal optimists.

I had a few drinks this weekend a couple of friends, among which was someone whose word I trust very deeply, especially with development and real estate in Cuyahoga County. It is her impression that neither 515 or nucleus, the two main Stark projects, will not see any physical genesis in 2017. I know that is not startling for nucleus, which looks like it may not be realized at all. I was, however, surprised to hear that about 515, as it was my understanding that construction would begin in a couple of months.

 

I am praying she is wrong, but she seldom has been in the past. Has anyone else heard anything to the contrary? I was not well-equipped with facts enough to argue with her, but I thought financing was all but done on 515.

 

I would say this isn't true about 515...

Even if a developer said construction was about begin, I wouldn't believe it until I see shovels in the ground. Developers are cheerleaders, salespeople and eternal optimists.

 

Even with shovels in the ground projects have not fully materialized. There have been many projects stopped even after celebratory shovels have been turned over.

 

I'm still of the hope for 515, and the other announced projects for downtown. There's always hope until a project is stamped "cancelled", and moved to the unbuilt section of UO.

I was referring to contractors' shovels, not gold-painted politicians' shovels. :)

The article said a "national fast casual chain", and I would be surprised if they added another burger spot next to Heck's. My guess is Panera or Piada...

 

Has anyone else heard any rumblings of what the restaurant may be? The Downtown work crowd is dying for new fast casual options!

TPH2[/member] tweeted this photo today...

It's been really quite in this thread and the Nucleus thread. I really thought 515 had a good chance of starting this winter. Is no news good news?

According to Michelle's article today on NuCleUs, 515 will begin construction in mid-April. Her comment:

 

"In response to an earlier question about the Beacon project (the planned apartment tower atop the 515 Euclid Ave. parking garage), Stark Enterprises now aims to start construction in mid-April."

*Final Design Development Approval

2. Project: DF2016-054: The Beacon – 515 Euclid Avenue Residential Tower

Project Address: 515 Euclid Avenue

Project Representative: Rebecca Hegyes, Stark Enterprises; Joshua Haney, DRL Group – Westlake Reed Leskosky

 

 

http://planning.city.cleveland.oh.us/designreview/schedule.php

*Final Design Development Approval

2. Project: DF2016-054: The Beacon – 515 Euclid Avenue Residential Tower

Project Address: 515 Euclid Avenue

Project Representative: Rebecca Hegyes, Stark Enterprises; Joshua Haney, DRL Group – Westlake Reed Leskosky

 

 

http://planning.city.cleveland.oh.us/designreview/schedule.php

I hope Michelle is right about the mid-April groundbreaking. Can't wait to see this tower finally get built.

Get another front row seat to the construction,(browns stadium for convention hotel) now progressive will get some nice views! ! 

 

 

Speaking of which, has anyone posted, or could someone post some type of pic w this building added into the skyline, from the progressive field view? Curious to see how it fits into the skyline, and how far over the scoreboard it'll go

A public financing ordinance for 515 Euclid was introduced at Cleveland City Council tonight

Get another front row seat to the construction,(browns stadium for convention hotel) now progressive will get some nice views! ! 

 

 

Speaking of which, has anyone posted, or could someone post some type of pic w this building added into the skyline, from the progressive field view? Curious to see how it fits into the skyline, and how far over the scoreboard it'll go

 

That would be interesting to see! Though I think it would not be visible from most of the lower bowl. I'd love to see that nonetheless.

Glad to see movement.

Speaking of which, has anyone posted, or could someone post some type of pic w this building added into the skyline, from the progressive field view? Curious to see how it fits into the skyline, and how far over the scoreboard it'll go

 

Here's some information regarding height. Note that The Beacon will be about half the height of 200 Public Square. Also, The Beacon will be about 100 feet shorter than the Fifth Third Tower's 446 feet. But The Beacon will be a little bit closer to Progressive Field than Fifth Third so the effect of it being shorter will be less apparent.

 

Final design

 

http://planning.city.cleveland.oh.us/designreview/drcagenda/2017/02172017/index.php

 

Final design

 

http://planning.city.cleveland.oh.us/designreview/drcagenda/2017/02172017/index.php

 

Ohhh I love the color so much better.

I think this is a building that is going to look much better in reality than in the rendering.  Its interesting and I like the use of color but there is something about it that just looks odd in a rendering.  Nonetheless I am very excited this is moving forward!  Now I wish we could get some height onto the SOUTH side of Euclid Ave...

^^I don't.

I like the exterior lighting better on the new design a lot better than the original. Overall, I prefer the new colors and its great to see this project finally moving forward after all these years. 

Butt ugly

I prefer the older color palette. The colors have been dulled.  I also thought on the last round of designs that the commission asked them to reduce the "Beacon" letters in size. It appears to be the same except they removed "The".from the name . 

Butt ugly

Agreed.  It reminds me of the AT Tower before it was cleaned. 

I don't get it.  Why is the color different in the street level view versus the schematic view. So which color will this end up being?

I prefer the older color palette. The colors have been dulled.  I also thought on the last round of designs that the commission asked them to reduce the "Beacon" letters in size. It appears to be the same except they removed "The".from the name .

 

Oh just one more thing to make it look a little better...;)

I prefer the older color palette. The colors have been dulled.  I also thought on the last round of designs that the commission asked them to reduce the "Beacon" letters in size. It appears to be the same except they removed "The".from the name .

 

Oh just one more thing to make it look a little better...;)

 

That image is of the previous schematic design. The wrap around overhangs were eliminated . "The Beacon " lettering is the only add to the base

I like it, but I liked the old color choice better. I feel like the old palate popped and would have stood out more and the new one, heavy on the grays will blend in more with what we already have. Although it does blend in better with the existing base.

I think the new color palette looks more contemporary -

But it looks like the lighted balconies on the 21st floor are no longer there -

One rendering shows only one lonely balcony lit

I also like the elimination of the word "the" in the lettering on the top

this building will add some much needed density

And it will be great to finally see a crane again!

I prefer the older color palette. The colors have been dulled.  I also thought on the last round of designs that the commission asked them to reduce the "Beacon" letters in size. It appears to be the same except they removed "The".from the name .

 

Oh just one more thing to make it look a little better...;)

 

I see what you did there :-) 

Beacon apartment tower in downtown Cleveland aims for spring construction start (photos)

 

 

By Michelle Jarboe, The Plain Dealer

 

on February 16, 2017 at 12:49 PM

 

CLEVELAND, Ohio -- A city design-review committee greenlighted refined plans Thursday for a 187-unit apartment tower on Euclid Avenue, where developer Stark Enterprises hopes to start construction in the spring.

 

The basics of the Beacon project, a 19-story residential building that will perch atop the 515 Euclid parking garage downtown, haven't changed. But some aesthetic details have shifted since Stark obtained more preliminary design approvals in September.

 

The most notable adjustment is the color. The metal-clad tower still has an ombre look, transitioning from deeper tones at the base to lighter ones toward the top.

 

But the original reddish-brown palette is gone. The Beacon has morphed into a bronze-to-silvery building - a switch that some members of the Downtown-Flats Design Review Committee didn't love.

 

"With the red colors, we really had concerns, and so did our architects, about it becoming pink. A giant, pink building," said Rebecca Hegyes, vice president of development for Cleveland-based Stark. "That is not something that we were interested in."

 

http://realestate.cleveland.com/realestate-news/2017/02/beacon_apartment_tower_in_down_1.html#incart_river_home

From the article.......

 

Stark ... aims to close on financing for the Beacon in late April or early May and start construction soon after. If that schedule holds, the apartments will be complete in fall of 2018, Hegyes said.

So much for a Tax Day Construction start.

From the article.......

 

Stark ... aims to close on financing for the Beacon in late April or early May and start construction soon after. If that schedule holds, the apartments will be complete in fall of 2018, Hegyes said.

 

Site suggestion: every time the word "Stark" is typed in a post, any date that follows that word should automatically advance several years into the future.

 

This feature should be pilot program, subject to being disabled in "late April or early May."

Headline is misleading.

 

Financing is going to (possibly) close in the spring. Construction "soon after" doesn't necessarily mean they're aiming for a spring start. Makes better click-bait though.

What was the start date(s) on Weston's Warehouse District project? Fairmount's Flats East Bank Phase 3? Rock Casino's phase 2? Coral Company's Intesa? Marous' District Park?

 

See a pattern emerging here? There's a reason there's been no new 20+ story residential tower downtown since the mid-1970s and only one non-government-owned high-rise tower of any kind built in downtown Cleveland since 1991. It's very difficult to build new, big things in Cleveland.

 

I applaud Stark and his big thinking for trying to be the first. Such thinking is rare in Cleveland and comes with huge risks.

What was the start date(s) on Weston's Warehouse District project? Fairmount's Flats East Bank Phase 3? Rock Casino's phase 2? Coral Company's Intesa? Marous' District Park?

 

See a pattern emerging here? There's a reason there's been no new 20+ story residential tower downtown since the mid-1970s and only one non-government-owned high-rise tower of any kind built in downtown Cleveland since 1991. It's very difficult to build new, big things in Cleveland.

 

I applaud Stark and his big thinking for trying to be the first. Such thinking is rare in Cleveland and comes with huge risks.

 

This is cold water, but fact.  From an apt POV, Michelle notes low area rental rates per construction costs.

What was the start date(s) on Weston's Warehouse District project? Fairmount's Flats East Bank Phase 3? Rock Casino's phase 2? Coral Company's Intesa? Marous' District Park?

 

See a pattern emerging here? There's a reason there's been no new 20+ story residential tower downtown since the mid-1970s and only one non-government-owned high-rise tower of any kind built in downtown Cleveland since 1991. It's very difficult to build new, big things in Cleveland.

 

I applaud Stark and his big thinking for trying to be the first. Such thinking is rare in Cleveland and comes with huge risks.

 

This is cold water, but fact.  From an apt POV, Michelle notes low area rental rates per construction costs.

 

The only way to raise those rates is wage growth, which would require a lot more effort to bring in businesses, which would require significant turnover at city hall.  But I applaud Stark too.  At least he's trying, at least he's hopeful and gives hope to others.

What was the start date(s) on Weston's Warehouse District project? Fairmount's Flats East Bank Phase 3? Rock Casino's phase 2? Coral Company's Intesa? Marous' District Park?

 

See a pattern emerging here? There's a reason there's been no new 20+ story residential tower downtown since the mid-1970s and only one non-government-owned high-rise tower of any kind built in downtown Cleveland since 1991. It's very difficult to build new, big things in Cleveland.

 

I applaud Stark and his big thinking for trying to be the first. Such thinking is rare in Cleveland and comes with huge risks.

 

This is cold water, but fact.  From an apt POV, Michelle notes low area rental rates per construction costs.

 

The only way to raise those rates is wage growth, which would require a lot more effort to bring in businesses, which would require significant turnover at city hall.  But I applaud Stark too.  At least he's trying, at least he's hopeful and gives hope to others.

 

You're touching the third rail on your first sentence. Everything in Cleveland is a ok. All cities are struggling to get financing, the dozens of cranes in the DC area are on optical illusion. Things are bad everywhere. ;)