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Cleveland: Downtown: The Lumen

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8 hours ago, CleveFan said:

Amazing what one great tower can do! 

 

Agreed - fun to think about what another couple more towers will do once we fill in those parking lots next to the Salvation Army building 🙂

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Great photo PaulinCleveland! 

Despite what had been projected to be a building that would fade into the city's grey or sunny skies, instead it has a definitive and dramatic impact on the city's skyline.

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It looks nice and will probably look even better on a sunny day.  I wish the US Bank building on the right wasn't so dark.

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30 minutes ago, skiwest said:

It looks nice and will probably look even better on a sunny day.  I wish the US Bank building on the right wasn't so dark.

 

I don't know... I kind of like the contrast that building provides in that spot.

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1 hour ago, Frmr CLEder said:

Great photo PaulinCleveland! 

Despite what had been projected to be a building that would fade into the city's grey or sunny skies, instead it has a definitive and dramatic impact on the city's skyline.

 

Only Steven Litt thought that.

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19 minutes ago, Boomerang_Brian said:

 

Only Steven Litt thought that.

The photo speaks for itself and Litt has been proven wrong.

 

While not historical, this building takes my breath away with such a strong Euclid presence.

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11 hours ago, Frmr CLEder said:

Great photo PaulinCleveland! 

Despite what had been projected to be a building that would fade into the city's grey or sunny skies, instead it has a definitive and dramatic impact on the city's skyline.

I love it, I've been in carpentry classes this week out in Richfield. Heading back north to Parma on 77, you get that view of downtown as soon as you get over the hill by Independence. But you've always been able to see the far eastern half of downtown way before the rest of downtown thanks to the angle of approach, and I actually mistook the Lumen for the Erie View plaza the other day. 

It has a very dramatic effect on the skyline, it's height and white lines help it stick out from a distance. My favorite part about it though, is that it elongates our skyline from the southern view. It reminds me of Philadelphia after they built the first Comcast Tower (although to a lesser extent) because it made Philadelphia's skyline look more imposing. That's what the Lumen does for ours, too. 

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When you think of the most recent additions to the CBD skyline, the Hilton, the Beacon, the Lumen and soon, City Club, there's nothing ordinary about any of them. 

Edited by Frmr CLEder
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2 hours ago, mrclifton88 said:

From this morning.

 

IMG_5486.jpg

Almost thought I was looking at the rendering lol.  I love this building, especially the subtle overhangs and angles.  Really sharp.

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1 hour ago, freethink said:

This is a great photo from https://mobile.twitter.com/msexton216

With the Lumen in the distance you can just imagine the City Club project in the foreground.  I'm guessing this may have been taken from the Beacon.

 

 

That's stunning. And that's also a good guess considering Matt Sexton works at Stark Enterprises.

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

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National City Bank (PNC) was always a standout. As I recall, it was, dare I say it, the first modern white building built in the CBD . It's unfortunate that it resulted in the demolition of the somewhat futuristic looking Bonds Department Store building, but it's been a welcome, albeit dramatic departure from the typical brown, beige and gray.

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34 minutes ago, mrclifton88 said:

I wish they would like up PNC with the floods every night 🙄

 

They used to.


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

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2 minutes ago, Frmr CLEder said:

I'm still trying to understand the rationale for the verticle stripes on the east and south facades. Anyone have any ideas?

Maybe like horizontal striped on a shirt make a person look wider; the vertical stripes give it a perceived boost in height? 

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4 minutes ago, Frmr CLEder said:

I'm still trying to understand the rationale for the verticle stripes on the east and south facades. Anyone have any ideas?

 

Aesthetically, they break up the expanses of monotonous glass and as ASPhotoman suggested, they provide a visual element to draw the eye upward.

 

Also, there have been other reasons for pushback on all-glass facades.

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I also just noticed that the glass on the east and north sides only is articulated to produce different planes. Verticle stripes on those sides would not align with the articulation.

Edited by Frmr CLEder

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1 hour ago, Frmr CLEder said:

I'm still trying to understand the rationale for the verticle stripes on the east and south facades. Anyone have any ideas?

 

Speed Stripes.  That sucka gonna take off!

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A shot of the Lumen this evening framed by the Keith Bldg and CSU School of Business.

 

Lumen Feb 23 2020.jpg

Edited by Pugu
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6 minutes ago, roman totale XVII said:

I hope apartments.com have got this horribly wrong...

 

1EB56294-A9EB-406E-8129-FC43D1501312.png

Seems pretty on par with what the Beacon is going for. 

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16 hours ago, Ruken said:

Booked my hard hat tour. Super excited to check this building out.

 

How do you sign up for a tour?

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1 hour ago, ASPhotoman said:

Seems pretty on par with what the Beacon is going for. 


Fair point, although that $3.80 a sq ft at the Beacon is only for those few terrace-level units with wraparound balconies. The rest of the building is more in the $2.80-$3.00 range. 
 

I really hope the Lumen does well and I’m sure it will, but it will be without us. We were looking for a 3br for our next move this summer, but those prices for that sq footage is totally out of the question. For similar, or less money at the Scofield or 9 you can get way more space and probably better finishes. 

Edited by roman totale XVII

And they reckon that the last thing she saw in her life was
Sting, singing on the roof of the Barbican

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53 minutes ago, roman totale XVII said:


Fair point, although that $3.80 a sq ft at the Beacon is only for those few terrace-level units with wraparound balconies. The rest of the building is more in the $2.80-$3.00 range. 
 

I really hope the Lumen does well and I’m sure it will, but it will be without us. We were looking for a 3br for our next move this summer, but those prices for that sq footage is totally out of the question. For similar, or less money at the Scofield or 9 you can get way more space and probably better finishes. 

Spoke with leasing.  These prices are right.  Wonder if it includes anything

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3 hours ago, roman totale XVII said:

I hope apartments.com have got this horribly wrong...

 

1EB56294-A9EB-406E-8129-FC43D1501312.png

Close to The 9 and 1UC as well.  They weren’t lying when they said high end of the market rate.  It’s a good sign for Cleveland, and a demonstration of what a lot of UO members have been telling us that the wealthy are returning to the city.

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I spoke to a manager for the leasing company and will have an article about the rent figures tomorrow.

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

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5 hours ago, Sapper Daddy said:

Close to The 9 and 1UC as well.  They weren’t lying when they said high end of the market rate.  It’s a good sign for Cleveland, and a demonstration of what a lot of UO members have been telling us that the wealthy are returning to the city.

Is the Beacon renting well? I’m asking because if the prices are similar it could give an idea of how these may do. Last time I saw on here someone said it was 50% leased.

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^I last heard the Beacon was 85% leased. After only a few months, which is impressive.

 

So based on that, I wouldn’t hesitate to say that Lumen will follow suit. The demand is there, and clearly there are plenty of people out there willing to pay the high price point and snatch up these types of downtown units.

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I know the rental and condo markets aren’t one and the same, but if you look at the rent-to-value ratio of Lumen vs some of the nearby condos popping up.... I think rents like this bode extremely well for the condo market. Compared to 12th and Ave and the Knez townhomes, the RTV ratio is like 1.2-1.5% for the 3 br units.

Edited by LlamaLawyer
Math
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This photo looks familiar!

 

Lumen-CliftonHaworth-022120.jpg

 

SATURDAY, FEBRUARY 29, 2020

Rents, tours announced for Ohio's tallest residential tower

 

The construction crane for The Lumen apartment tower in Cleveland's Playhouse Square came down last month as the skyscraper topped out. Starting next month, the curtain goes up for the marketing and leasing of Ohio's tallest residential tower.

Preliminary rents for The Lumen were released via Apartments.com this week and public hard-hat tours of the 34-story, 396-foot-tall skyscraper start next week, with the first few tours already sold out. A temporary leasing office for The Lumen was opened at 1501 Euclid Ave., Suite 112, across the street from the tower that's located at 1600 Euclid.

 

MORE:

https://neo-trans.blogspot.com/2020/02/rents-tours-announced-for-ohios-tallest.html

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

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26 minutes ago, KJP said:

This photo looks familiar!

 

Lumen-CliftonHaworth-022120.jpg

 

SATURDAY, FEBRUARY 29, 2020

Rents, tours announced for Ohio's tallest residential tower

 

The construction crane for The Lumen apartment tower in Cleveland's Playhouse Square came down last month as the skyscraper topped out. Starting next month, the curtain goes up for the marketing and leasing of Ohio's tallest residential tower.

Preliminary rents for The Lumen were released via Apartments.com this week and public hard-hat tours of the 34-story, 396-foot-tall skyscraper start next week, with the first few tours already sold out. A temporary leasing office for The Lumen was opened at 1501 Euclid Ave., Suite 112, across the street from the tower that's located at 1600 Euclid.

 

MORE:

https://neo-trans.blogspot.com/2020/02/rents-tours-announced-for-ohios-tallest.html

Great article.  Did they say anything about if any utilities/cable included in rent?

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59 minutes ago, Ruken said:

Great article.  Did they say anything about if any utilities/cable included in rent?

Amen, another GREAT ARTICLE KEN!

 

Just a little typo:

It's the SOUTHEAST CORNER of East 13th Street and Chester Avenue where PHS is considering building a second apartment tower on land owned by the foundation if the FIRST ACT is Successful.

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1 hour ago, Ruken said:

Great article.  Did they say anything about if any utilities/cable included in rent?

 

No. The listing at Apartments.com suggests some inluded services like heat, but I'd wait until the Lumen site goes live.


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

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Nice article Ken, it took me a moment to realize that was my photo 😂 ...I’m sure it’s come up on this thread before but I don’t think it ever sunk in to me that this is the tallest residential building in Ohio. Cool fact!

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