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Cleveland: Downtown: nuCLEus

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1 hour ago, osu4brutus03 said:

This project is going to break ground soon. Something in my spirit is telling me so. ūüôā¬†

Why are you thinking this. Don't they need the TMUD to close their capital stack.

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Lots of proposed amendments submitted to the TMUD bill, some of them working at cross purposes. One of them would instruct the Ohio Tax Credit Authority to implement applications rules within 120 days and then have a 30-day deadline for submitting the applications to push the tax credits out ASAP. Another amendment would remove "fiscal year 2020" from the bill, making it so that tax credits can only be awarded in fiscal years 2021 and 2022. Both amendments might pass. The latter might because the state is already working under a budget for the current fiscal year that doesn't account for the impact from issuing $100 million in TMUD tax credits.

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1 hour ago, Frmr CLEder said:

If the latter is what passes, that will further delay this project a year.

Whew!

 

Not necessarily. If both of those amendments pass, the first credits could be awarded before this fall.

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1 hour ago, KJP said:

Lots of proposed amendments submitted to the TMUD bill, some of them working at cross purposes. One of them would instruct the Ohio Tax Credit Authority to implement applications rules within 120 days and then have a 30-day deadline for submitting the applications to push the tax credits out ASAP. Another amendment would remove "fiscal year 2020" from the bill, making it so that tax credits can only be awarded in fiscal years 2021 and 2022. Both amendments might pass. The latter might because the state is already working under a budget for the current fiscal year that doesn't account for the impact from issuing $100 million in TMUD tax credits.

This is probably the most attention I’ve paid to a bill at the State level and have to say.. THIS PROCESS IS AGONIZING!

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3 minutes ago, Sapper Daddy said:

This is probably the most attention I’ve paid to a bill at the State level and have to say.. THIS PROCESS IS AGONIZING!

 

Try being an active passenger rail advocate in Ohio as I have since 1983....

Edited by KJP
Added "in Ohio"
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Wouldn't be surprised if all of this teasing and pictures of the "calm" Stark offices is in preparation of them announcing they're selling that building. After all, it never featured as still being there in the SW plans. I'm sure they have some open office space to move into in Crocker, or in the tower at Eton.

 

Edit: on second thought, didn't they already announce getting space in 200 PS? Maybe this is just them announcing that imminent move.

Edited by PoshSteve

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^ Stark are now in the National City Bank building on Euclid (where those pictures were taken). They moved out of West 3rd/ St Clair a while ago. 

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This is the conference room in Stark's offices. Note that their new Beacon tower is just outside the windows....

 

 

Edited by KJP
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3 hours ago, KJP said:

This is the conference room in Stark's offices. Note that their new Beacon tower is just outside the windows....

 

 

Are there any forum members with an apartment at The Beacon and a good view into that¬†¬†conference room? ¬†ūüėČ

 


 

 

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7 hours ago, CleveFan said:

Are there any forum members with an apartment at The Beacon and a good view into that¬†¬†conference room? ¬†ūüėČ

 

 

Nice. Especially with a view of the screen.

 

I'll never forget back in 2007 or '08 when someone from this board peeked through the windows of his old offices at 1350 W. 3rd and snapped pictures of Stark's proposed Ernst & Young tower for the Superblock. Bob Stark¬†saw the pictures posted¬†here on UrbanOhio and freaked. He called me at Sun Newspapers because he thought I had something to do with it. Nonetheless, he asked me to reach out to the admins to have the renderings removed from UrbanOhio! But I saved those pictures before they were removed....¬†ūüėČ

 

Anyway, back to nuCLEus.....

Ernst&Young01s.jpg

Ernst&Young2.jpg

Edited by KJP
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9 minutes ago, YO to the CLE said:

^Maybe it's just me, but I think they are just showing off their offices without anyone in them. The "calm" before everyone arrives for the day

 

Yeah, could be like some architecture photographers want random people in the pictures they take, some don't.

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35 minutes ago, KJP said:

 

I'll never forget back in 2007 or '08 when someone from this board peeked through the windows of his old offices at 1350 W. 3rd and snapped pictures of Stark's proposed Ernst & Young tower for the Superblock. Bob Stark¬†saw the pictures posted¬†here on UrbanOhio and freaked. He called me at Sun Newspapers because he thought I had something to do with it. Nonetheless, he asked me to reach out to the admins to have the renderings removed from UrbanOhio! But I saved those pictures before they were removed....¬†ūüėČ

 

Anyway, back to nuCLEus.....

 

 

 

Now relate this anecdote to the discussion of sidewalks right up against R&D centers......

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43 minutes ago, YO to the CLE said:

^Maybe it's just me, but I think they are just showing off their offices without anyone in them. The "calm" before everyone arrives for the day

 

Probably. 

 

20 minutes ago, bjk said:

 

Now relate this anecdote to the discussion of sidewalks right up against R&D centers......

 

With or without sidewalk-level windows? 


"Life is 10% what happens to you and 90% how you respond." -- Coach Lou Holtz

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The House Economic and Workforce Development Committee sent out an e-mail late this afternoon saying it will NOT meet until further notice. I'm not sure what to make of it. I haven't heard from two sources on the committee yet, so I don't know.

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On 2/12/2020 at 12:28 AM, CleveFan said:

Are there any forum members with an apartment at The Beacon and a good view into that¬†¬†conference room? ¬†ūüėČ

 


 

 

Elevator riders?ūü§∑‚Äć‚ôāÔłŹ

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1 hour ago, KJP said:

The House Economic and Workforce Development Committee sent out an e-mail late this afternoon saying it will NOT meet until further notice. I'm not sure what to make of it. I haven't heard from two sources on the committee yet, so I don't know.

Stark must be paying his lobbyist minimum wage.

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nucleus-buildingprofile.JPG

 

SUNDAY, MARCH 1, 2020

Megaproject tax credit slowed by Primary, Larrys' feud

 

A bill intended to provide significant capital to megaprojects in Ohio's largest urban areas and lesser assistance to real estate developments in smaller communities has sped up and slowed down at various times over the past few years. Now, Substitute Senate Bill 39, the Transformational Mixed-Use Development (TMUD) tax credit, is back in the slow lane, awaiting two votes.

One vote would be its potential referral out of the House of Representatives' Economic and Workforce Development Committee to the House floor.

But before that happens, the bill is sitting in committee awaiting the Ohio Primary Election March 17. Many lawmakers out campaigning as they face challengers in the primary or their friends and allies are. That's where their attentions are focused until the election.

 

MORE:

https://neo-trans.blogspot.com/2020/03/megaproject-tax-credit-slowed-by.html

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nucleus-buildingprofile.JPG

 

MONDAY, MARCH 16, 2020

nuCLEus and Centennial projects may start this summer

 

Two major development projects in downtown Cleveland could get underway this summer. And we're not just talking about the 23-story City Club Apartments, the 75 Public Square renovation NEOtrans reported on last November, or the site preparations for Sherwin-Williams' new headquarters tower on Public Square that NEOtrans nailed months before it was announced.

Not only are those projects still "go," but so may be the duo of 24-story, new-construction towers comprising the long-planned nuCLEus development. And so might the massive reconstruction of 925 Euclid Ave. into The Centennial be a go. According to several sources who spoke off the record, both projects are on track for the start of construction this summer.

 

MORE:

https://neo-trans.blogspot.com/2020/03/nucleus-and-centennial-projects-may.html

 

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Lets go! I needed some good news like this. I may cry thinking of downtown post the finishing of these projects and SW HQ. Just wow the energy the city will have.

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6 minutes ago, G00pie said:

Downtown is going to be very busy for the next few years!  This is an exciting time!

 

More projects emerging all of the time. While we certainly have a right to be skeptical about nuCLEus, I'm very intrigued that Stark doesn't seem to be waiting on the TMUD credit legislation -- unless they're confident the TMUD gets implemented ASAP and the first credits can be awarded before the end of the state's fiscal year June 30. I would be very surprised if the state could get that done, although the coronavirus emergency might force the DeWine administration to push the TMUD credits out there as an economic stimulus.

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Oh they did... 1,300+ spaces. I hear what you're saying though, what will we do with all these surface lots getting built on at the same time....what will we do??

 

Glad to see more surface lots dying. 

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^ There's this thing, that's been around in one form or another for a century.  It's called GCRTA.

Edited by Frmr CLEder
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For people that want more activity in Cleveland, you guys sure have a weird thing against people from the suburbs. I live in Mentor and literally no one I know complains about parking. Some of you live in Lakewood and I consider that a suburb (I’ve lived there before).

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2 minutes ago, JB said:

For people that want more activity in Cleveland, you guys sure have a weird thing against people from the suburbs. I live in Mentor and literally no one I know complains about parking. Some of you live in Lakewood and I consider that a suburb (I’ve lived there before).

 

I've heard many complain about parking. Cleveland.com even had an article responding that very issue about the temporary loss of spaces during these and future construction projects. So it is an issue, though obviously not for everyone.

 

And I suspect a little urban/suburban levity/competition is OK as long as it doesn't take a thread off topic. ūüėȬ†

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29 minutes ago, JB said:

For people that want more activity in Cleveland, you guys sure have a weird thing against people from the suburbs. I live in Mentor and literally no one I know complains about parking. Some of you live in Lakewood and I consider that a suburb (I’ve lived there before).

 

No one in Mentor complains about parking in Mentor.   But they do about parking in downtown Cleveland (and even downtown Willoughby!). 

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It still bothers me that the residential tower is at an angle from Prospect. Don't like it. And you certainly will not get a nice wall of buildings look down Prospect with this bldg doing that.

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^ yes the latest render is very awkward and wastes space, but i suspect it may not be the final version.

 

its great to hear they hope to move ahead to construction on this at last.

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1 hour ago, KJP said:

Oh they did... 1,300+ spaces. I hear what you're saying though, what will we do with all these surface lots getting built on at the same time....what will we do??

 

Glad to see more surface lots dying. 

ride the bus or take the train...  both great options!!

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The only thing I absolutely hate about this design is how exposed the parking garage is from above and the sides. I get needing to downsize the original plans, but how do you go from creatively designed spaces for people on the rooftop, to having a completely open parking deck from the top?!

 

If anything I wish the apartment building were shorter and span the entire surface area than leaving the deck exposed. 

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1 hour ago, Cleburger said:

 

No one in Mentor complains about parking in Mentor.   But they do about parking in downtown Cleveland (and even downtown Willoughby!). 

I was talking about Cleveland, and I disagree for all of the above. But this is off topic. So I’ll leave it.

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7 hours ago, mrnyc said:

^ yes the latest render is very awkward and wastes space, but i suspect it may not be the final version.

 

I‚Äôm thrilled to hear, once again, that Nucleus ‚Äúmay‚ÄĚ be going forward - although Stark‚Äôs direct messaging has been cryptic, at best, about that possibility. I‚Äôm curious about mynyc‚Äôs thought¬†¬†that the latest rendering may not be the final version - is that just ‚Äúa feeling‚ÄĚ or based on anything specific? ¬†I consistently try to stay positive about what I post here, ¬†but design-wise, I find very little to like in¬†the residential tower. ¬†The office Tower is ¬†attractive but the residential building ¬†looks very much like urban residential projects from the 60‚Äôs and 70‚Äôs, IMHO. ¬†

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Fantastic news. I’ve been thinking for a while that if Stark was *that* close to having his capital stack a year ago, it would seem he would be able to get something done without the TMUD given how low interest rates were recently.

 

Also, because of how the TMUD law is written, Stark has every incentive to play up how hard this will be to accomplish, or else he risks not qualifying for the TMUD. 

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I feel a Dave & Busters would do wonderful in NuCLEus, a sports bar for the sports fanatics and an arcade for, well everyone AND it's smack in the middle of what is our entertainment district which bustles.

Edited by MyPhoneDead
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4 minutes ago, MyPhoneDead said:

I feel a Dave & Busters would do wonderful in NuCLEus, a sports bar for the sports fanatics and an arcade for, well everyone AND it's smack in the middle of what is our entertainment district which bustles.

You are probably right that a Dave and Busters would do well in that location and it is probably a natural given what would surround it, but I cannot imagine it would happen unless they close the Westlake location.  D and B is a destination type restaruant/attraction.  People from the region go to it rather than just the neighborhood.  You usually make plans to go, usually with a group, rather than just dropping in (although I could see more drop in business downtown than say Westlake given it would be right next to Rocket, Progressive and the Casino).  A downtown location would most likely be a drag on the Westlake location which already has its seasonal ups and downs.  A group from the east side or even say someplace like Kent that would previously head to Westlake would probably go downtown.  I don't see a second location expanding its base of customers in any significant manner.

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