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KJP

Cleveland: Downtown: City Club Apartments

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Thats my vote ^ ... that would be amazing to see.  Especially since my apartment looks right at this hole 🙂   I will give up part of my lake view for something to be built there.

Edited by mrclifton88
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8 hours ago, marty15 said:

The only open spot left would be next to the Union Club. 

I doubt if anyone would concede to giving up that parking lot but that's what happens in the most successful cities - few  surface lots in central cities.

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10 hours ago, KJP said:

 

Something else in the late stages. And somethings (plural) else in the beginning stages.

Would this be downtown, or another part of Euclid like UC?

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1 minute ago, scg80 said:

Would this be downtown, or another part of Euclid like UC?

 

Downtown. But there's just a ton of stuff planned for the Euclid Corridor (and a couple of blocks either side of it) from downtown to UC.

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

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15 minutes ago, KJP said:

 

Downtown. But there's just a ton of stuff planned for the Euclid Corridor (and a couple of blocks either side of it) from downtown to UC.

New construction or maybe a retail tenant?

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12 hours ago, tykaps said:

🎉🎉🎉🎉🎉

New construction permits have been filed for a 23 story building!

Don't get too excited. It's still gotta go through the planning commission and a few more steps, but progress is being made and we'll hopefully get some renderings soon enough. Only other notable info mentioned in the permit is that the architect is Vocon.

 

The project is on the Thursday agenda for downtown design review. It should then appear before the city planning commission Friday.

 

http://planning.city.cleveland.oh.us/designreview/drcagenda/2020/01172020/DF-DRAC-agenda-1-16-20.pdf

 

http://planning.city.cleveland.oh.us/designreview/brd/detailDR.php?ID=3396&CASE=DF 2020-001

 

Project Information: Downtown/Flats Case #  DF 2020-002
Address: 720 Euclid Ave.
Company: Vocon
Architect: Vocon | NA
Description: The proposed construction of a new mixed use building on existing vacant land.

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"According to the plans submitted to the city, the project would include first- and second-floor retail, topped by apartments ranging from studio to three-bedroom units. Site plans show an amenity space on the top floor."

 

Sounds like a winner!! Time to fill in another missing tooth along Euclid Ave...

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13 minutes ago, skiwest said:

The inclusion of first and second story retail is promising. Considering the plans late last year called for a 22 story building, this extra floor could indicate a large planned retailer coming into the project for a two-story space.

Edited by tykaps
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15 minutes ago, skiwest said:

 

Cool.  Digging the confirmation of mixed-used.

 

According to the plans submitted to the city, the project would include first- and second-floor retail, topped by apartments ranging from studio to three-bedroom units. Site plans show an amenity space on the top floor.

 

-----

 

EDIT: LOL ... Great UO-minds think alike!

Edited by MuRrAy HiLL
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Two story retail is very interesting.  That would lead me to believe that they might have a retailer lined up. I doubt they'd forego apartment space for speculative retail but we shall see. 

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6 minutes ago, freefourur said:

Two story retail is very interesting.  That would lead me to believe that they might have a retailer lined up. I doubt they'd forego apartment space for speculative retail but we shall see. 

Come on, show me City Target! 

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"according to an agenda released this week (scroll to the bottom of the page to see the agenda, with project renderings)."

 

Renderings exist, but cleveland.com is still teasing us. Hopefully they'll update it soon.

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7 minutes ago, tykaps said:

"according to an agenda released this week (scroll to the bottom of the page to see the agenda, with project renderings)."

 

Renderings exist, but cleveland.com is still teasing us. Hopefully they'll update it soon.

Yes I thought I was missing something!

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I wonder when the Cleveland project is going to be on City Club's website?

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

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Wow, between SW yesterday at City Club today, the Roaring Twenties are off to a great start for Cleveland.

 

As significant as the SW news is (it's a Fortune 500 company recommitting to Cleveland!), I hope this doesn't get lost in the shuffle.  After almost a decade of office-to-residential conversions, we finally saw new builds in the Beacon and Lumen the last few years.  The latter are interesting because it costs far more to build residential from scratch than it does to renovate an existing structure.  Does this mean Cleveland rents per square foot are finally getting to the point where new residential towers can be financed on a semi-regular basis?  If so, that's incredible news.

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4 minutes ago, Down_with_Ctown said:

Wow, between SW yesterday at City Club today, the Roaring Twenties are off to a great start for Cleveland.

 

As significant as the SW news is (it's a Fortune 500 company recommitting to Cleveland!), I hope this doesn't get lost in the shuffle.  After almost a decade of office-to-residential conversions, we finally saw new builds in the Beacon and Lumen the last few years.  The latter are interesting because it costs far more to build residential from scratch than it does to renovate an existing structure.  Does this mean Cleveland rents per square foot are finally getting to the point where new residential towers can be financed on a semi-regular basis?  If so, that's incredible news.


Sounds like we're getting close to that point (if not already there).

 

See this:

 

https://www.cleveland.com/business/2019/12/report-cleveland-had-highest-rent-growth-among-top-100-cities-in-2019.html

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2 minutes ago, Clefan98 said:


Sounds like we're getting close to that point (if not already there).

 

See this:

 

https://www.cleveland.com/business/2019/12/report-cleveland-had-highest-rent-growth-among-top-100-cities-in-2019.html

 

I was thinking about that news today too. Investors from around the country are becoming aware of this. Local developers are increasingly able to tap this out-of-state equity to make residential projects happen here. Rents aren't there for office developments yet, however, and subsidies aren't as available for office projects as they are for housing. The exception is if office development repurposes an existing building or if there's a dominant anchor tenant that commits to filling all of the building and is willing to pay Trophy Class rates to get Trophy Class amenities. But it's great to see the housing rates reach a level where this residential development is possible.

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

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I love how playful it is. Especially with the streetscape and 1st and 2nd levels. Very unique.

 

Also, looks like the retails will be a 2 story restaurant and doggy daycare. 

Screen Shot 2020-01-10 at 4.40.49 PM.png

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A few more renders......

 

City Club apartments1.JPG

 

City Club apartments2.JPG

 

City Club apartments6.JPG

 

City Club apartments5.JPG

 

City Club apartments7.JPG

 

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

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I like that a lot.  It adds a bit of height, density, and modernity too that stretch while still feeling like a natural part of the streetwall.  Very nice!

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