ragarcia Posted July 7, 2009 Share Posted July 7, 2009 This should be a condo. I seriously thought about buying here. Me too, I even got a tour of the building when they first announced it was going to go condos. As you can imagine, the inside wasn't too pretty (drop-ed ceiling tiles, exposed wiring, etc), but the potential was there for some sick condo units. Link to comment Share on other sites More sharing options...
Etheostoma Caeruleum Posted July 7, 2009 Share Posted July 7, 2009 So does anyone know anything about its status? Link to comment Share on other sites More sharing options...
3231 Posted July 7, 2009 Share Posted July 7, 2009 I've heard some rumblings that some developers are looking at it as a hotel. There is more interest because of the proposed medical mart. Link to comment Share on other sites More sharing options...
MyTwoSense Posted July 12, 2009 Share Posted July 12, 2009 Where is MTS? As you can see, I found the thread for you and combined your message with that thread. Just the generous guy I am.... And now getting ready for the sh!tstorm of comments! Hahahaha, a sh!t storm smiley. That's awesome. I too was wondering what became of MTS. I'm assuming we haven't heard any more news on this building.... Aww.... you kids were concerned. I'm all verklempted. I've heard some rumblings that some developers are looking at it as a hotel. There is more interest because of the proposed medical mart. Well lets hope it's a three star property or higher. Link to comment Share on other sites More sharing options...
brtshrcegr Posted August 12, 2009 Share Posted August 12, 2009 Just skimmed Colliers Q2 2009 Market Report, and it mentioned that "1403 E 6th St in Cleveland (CBD) had been sold for $1.3 million to "Popeyes Marina." I think this is the Rockwell Building, former WKYC headquarters, that had been slated for the Staybridge Suites hotel conversion. My gut tells me this is not a good development...anybody have more info on this? Link to comment Share on other sites More sharing options...
willyboy Posted August 13, 2009 Share Posted August 13, 2009 Huh This is the only other thing I could find on it. SoldDate Street Address City County Price Sq. Ft. PerSqFt Asset Type Buyer Seller 05/01/09 1403 E. 6th Street Cleveland Cuyahoga $1,300,000 180,000 $7.22 Office Popeye's Marina Inc Sheriff of Cuyahoga County Link to comment Share on other sites More sharing options...
buckeye1 Posted August 13, 2009 Share Posted August 13, 2009 Articles of incorporation for Popeye's Marina Inc.: http://www2.sos.state.oh.us/reports/rwservlet?imgc&Din=G278_1172 FIRST. The name of said corporation shall be POPEYE’S MARINA, INC. SECOND. The place is the State of Ohio where its principal office is to be located at 8561 East Avenue, Mentor, Ohio 44060. THIRD. The purpose or purposes for which it is formed are: Said corporation is formed for the purpose of engaging in the business of a marina, boat livery, and boat repairs… By: David J. Richards, Jr. Sole Incorporator 153 East Erie Street Painesville, Ohio 44077 November 17th, 1987 :? Link to comment Share on other sites More sharing options...
freethink Posted August 13, 2009 Share Posted August 13, 2009 He seems to be a Real Estate lawyer with offices downtown. It may be an investment on his part or with a client. I think this is him... http://www.dworken-bernstein.com/CM/XMLAttorneyProfile.asp?guid=I2267FD841DD211B2BED1A600720EFD90&ind_wld_id=2088328&pid=1 Link to comment Share on other sites More sharing options...
willyboy Posted August 13, 2009 Share Posted August 13, 2009 His offices are in the 55 building. It will be interesting to see what the plan is if there is one, although also just a good investment, especially with the MM going in. MTS you had your chance. 1.3 million. Link to comment Share on other sites More sharing options...
AJ93 Posted August 13, 2009 Share Posted August 13, 2009 Dave Richards is a corporate attorney with Dworken. He represents members of the Osborne family in a lot of transactions. He's probably the contact agent listed for the entity in its filing papers. Rick Osborne is the buyer based on the article I read a couple weeks ago. I have no idea why they used an entity established for Marina purposes. Link to comment Share on other sites More sharing options...
jsz65 Posted July 7, 2010 Share Posted July 7, 2010 Building renovation is on the agenda for the next landmarks commission meting Link to comment Share on other sites More sharing options...
Htsguy Posted July 7, 2010 Share Posted July 7, 2010 By whom? Osborne? Am I crazy or would this not be a great location for a boutique hotel. A block from the medical mart...and right in the "middle" so it is an easy walk east and west (offices on E 9 ninth and then those on Public Square) and north south (short walk to Euclid or Browns Stadium and othe lake front stuff). Link to comment Share on other sites More sharing options...
MuRrAy HiLL Posted July 7, 2010 Share Posted July 7, 2010 Thanks! Any info if it's going to still be a hotel...or other? Link to comment Share on other sites More sharing options...
KJP Posted July 7, 2010 Share Posted July 7, 2010 Nope, you're not crazy Htsguy. It's a great spot. “What is the meaning of this city? Do you huddle close together because you love each other?” Or “We all dwell together to make money from each other”? -- TS Eliot’s The Rock Link to comment Share on other sites More sharing options...
FerrariEnzo Posted July 8, 2010 Share Posted July 8, 2010 It is a great building, one of the best in Cleveland if you ask me. @KJP, AWESOME new avatar. Link to comment Share on other sites More sharing options...
Etheostoma Caeruleum Posted July 8, 2010 Share Posted July 8, 2010 Would love to see some activity on this place..almost forgot about it. Link to comment Share on other sites More sharing options...
AJ93 Posted July 8, 2010 Share Posted July 8, 2010 If Rick Sr. owns the building I would be very interested to see what he might be doing with it. He's in pretty significant financial 'difficulties' right now, and is radioactive to most banks. Link to comment Share on other sites More sharing options...
jmc8651 Posted July 8, 2010 Share Posted July 8, 2010 I can't find the link but Crains reported a few weeks ago that the law firm of Calfee, Halter and Griswold was considering the building for their offices. They are currently in the Key Bank Building on Superior and E 9th. Link to comment Share on other sites More sharing options...
KJP Posted July 8, 2010 Share Posted July 8, 2010 It is a great building, one of the best in Cleveland if you ask me. @KJP, AWESOME new avatar. Thanks! I posted a larger version of it in the Cleveland - Youngstown - Pittsburgh passenger rail thread in the transportation section. “What is the meaning of this city? Do you huddle close together because you love each other?” Or “We all dwell together to make money from each other”? -- TS Eliot’s The Rock Link to comment Share on other sites More sharing options...
MuRrAy HiLL Posted July 13, 2010 Share Posted July 13, 2010 Big news of the day! Calabrese is a stud for making this and Schofield happen. Law firm Calfee to move Cleveland headquarters, 300-plus employees to former WKYC building Published: Tuesday, July 13, 2010, 2:11 PM Michelle Jarboe, The Plain Dealer CLEVELAND, Ohio -- A Cleveland law firm will move more than 300 employees into the vacant East Ohio Gas Co. building on East Sixth Street. Calfee, Halter & Griswold LLP has signed a 20-year lease on the long-vacant historic building. The firm's move, scheduled for late 2011, will support a $30 million redevelopment of the property, originally the headquarters of the East Ohio Gas Co. and most recently home to WKYC Channel 3. http://www.cleveland.com/business/index.ssf/2010/07/law_firm_calfee_to_move_clevel.html Link to comment Share on other sites More sharing options...
MyTwoSense Posted July 13, 2010 Share Posted July 13, 2010 Nice, but is the garage really needed? There are three within a block! UGH! Link to comment Share on other sites More sharing options...
Htsguy Posted July 13, 2010 Share Posted July 13, 2010 Interesting....some partners are going to lose their lake views. Would have rather seen this property developed as a boutique hotel but it is great it will no longer sit vacant. This does not bode well for the Key Building (losing a tenant that leases 5 floors). Link to comment Share on other sites More sharing options...
willyboy Posted July 13, 2010 Share Posted July 13, 2010 Nice, but is the garage really needed? There are three within a block! UGH! Probably not, but it is an incentive for employees and clients I guess... It does say they were also looking at Chagrin Highlands! *Also its a garage, which if Im thinking right will be tucked into the block, and parking may become a premium in that area when the Convention Center and MM open. Link to comment Share on other sites More sharing options...
Niko Posted July 13, 2010 Share Posted July 13, 2010 I'm assuming the garage would go on the parking lot directly east of the building? It would be cool if they built it like 515 euclid with the capacity for a building on top in the future. Link to comment Share on other sites More sharing options...
mrnyc Posted July 13, 2010 Share Posted July 13, 2010 ^ yeah great idea that would be wise wouldnt it? i'm very glad to hear of yet another building being brought back too life -- cool! Link to comment Share on other sites More sharing options...
MuRrAy HiLL Posted July 13, 2010 Share Posted July 13, 2010 The garage will be immediately behind the building, bracketed by Rockwell and Theresa Ct. Link to comment Share on other sites More sharing options...
StapHanger Posted July 13, 2010 Share Posted July 13, 2010 Wow, interesting news. That lot behind the building is probably one of the least offensive places to cram a parking deck in all of downtown, so not so bad, but MTS wasn't kidding, there are many garages around there already. Not sure how much capacity those other garages typically have though. And nothing beats a connected garage if you're a driver. EDIT, and good point by willy- parking demand may pick up quit a bit with the MM/CC. Link to comment Share on other sites More sharing options...
willyboy Posted July 13, 2010 Share Posted July 13, 2010 I'm assuming the garage would go on the parking lot directly east of the building? It would be cool if they built it like 515 euclid with the capacity for a building on top in the future. In the rendering it looks like thats what they did... Link to comment Share on other sites More sharing options...
MyTwoSense Posted July 13, 2010 Share Posted July 13, 2010 Nice, but is the garage really needed? There are three within a block! UGH! Probably not, but it is an incentive for employees and clients I guess... It does say they were also looking at Chagrin Highlands! *Also its a garage, which if I'm thinking right will be tucked into the block, and parking may become a premium in that area when the Convention Center and MM open. Sorry Willy I disagree. All these parking lots are just giving people more of an excuse to drive. If parking is going to become a premium, then we need less lots and more people as the prices will be out of reach for regular folks. Regardless of whether they were looking at chagrin highlands they've decided on downtown and we don't need more parking. Also, why not negotiate rates with the lots that are currently there instead of building a new lot. There are a ton of options. I know it's not my money but this is getting ridiculous. Link to comment Share on other sites More sharing options...
willyboy Posted July 13, 2010 Share Posted July 13, 2010 Theres nothing to disagree with here... Im not saying Im for parking lots or more garages, Im just stating what company's locating downtown that have suburbanites running/working for them tend to look at as well as some of the reasons company's sometimes choose not to stay downtown. *As I think has been validated quite a bit already, not driving isnt a valid option for many. Link to comment Share on other sites More sharing options...
MyTwoSense Posted July 13, 2010 Share Posted July 13, 2010 Theres nothing to disagree with here... Im not saying Im for parking lots or more garages, Im just stating what company's locating downtown that have suburbanites running/working for them tend to look at as well as some of the reasons company's sometimes choose not to stay downtown. I understand that. However, why would any company currently located downtown need to build more parking space? If it's a cost issue, it would be more cost effective to negotiate leases with a structure already built withing close proximity. And with three garages VERY close, i'm sure a deal could be made. Link to comment Share on other sites More sharing options...
willyboy Posted July 13, 2010 Share Posted July 13, 2010 Coming from the Key tower (and having looked at Chagrin Highlands) Im guessing its more of a convenience issue. I would actually prefer this plan to what is already there (a surface lot). And again, demand for the garages in the area is only expected to increase with the CC and MM. Link to comment Share on other sites More sharing options...
MuRrAy HiLL Posted July 13, 2010 Share Posted July 13, 2010 I'm assuming the garage would go on the parking lot directly east of the building? It would be cool if they built it like 515 euclid with the capacity for a building on top in the future. In the rendering it looks like thats what they did... You're right, I didn't even notice the garage addtion in the picture. From this tiny, tiny angle, it doesn't look too bad... Link to comment Share on other sites More sharing options...
MyTwoSense Posted July 13, 2010 Share Posted July 13, 2010 Coming from the Key tower (and having looked at Chagrin Highlands) Im guessing its more of a convenience issue. I would actually prefer this plan to what is already there (a surface lot). And again, demand for the garages in the area is only expected to increase with the CC and MM. The point im trying to make is why is demand there instead of public transportation? Who exactly will demand those parking spots? Those coming into the city will most likely cab or use public transportation as will the majority of workers. Link to comment Share on other sites More sharing options...
rockandroller Posted July 13, 2010 Share Posted July 13, 2010 The point im trying to make is why is demand there instead of public transportation? Who exactly will demand those parking spots? Can you seriously be asking why people don't want to take public trans here? Have you READ the RTA thread lately? These people want convenient, IN BUILDING or attached to building parking. They get paid a lot of money and don't want to walk 2 or 3 blocks in the ice and snow, and it was probably contingent upon them staying downtown. seems a no brainer to me. Link to comment Share on other sites More sharing options...
willyboy Posted July 13, 2010 Share Posted July 13, 2010 As I stated above "*As I think has been validated quite a bit already, not driving isnt a valid option for many." If youve been following, Public Transportation is becoming less of a valid option for most, even where it may have been one before (right RNR?). The majority of the 300 plus employees I dont believe will be taking cabs to work...? Again, I'll be glad to see a surface lot go away... Link to comment Share on other sites More sharing options...
Niko Posted July 13, 2010 Share Posted July 13, 2010 Coming from the Key tower (and having looked at Chagrin Highlands) Im guessing its more of a convenience issue. I would actually prefer this plan to what is already there (a surface lot). And again, demand for the garages in the area is only expected to increase with the CC and MM. The point im trying to make is why is demand there instead of public transportation? Who exactly will demand those parking spots? Those coming into the city will most likely cab or use public transportation as will the majority of workers. It would seem cost prohibitive to build a private garage when there are so many around it. Maybe they expect to make money off of it, especially if they anticipate an increased demand in the area. Link to comment Share on other sites More sharing options...
Hts121 Posted July 13, 2010 Share Posted July 13, 2010 Make no mistake about it, Calfee would not have signed the lease (which led to financing for the re-purposing) if not for the guarantee of attached parking. I highly doubt they were thinking of a move to the suburbs though, so I doubt that the parking garage kept them downtown. All of the major firms are downtown for obvious reasons. I can't think of a single suburban firm with more than 20 lawyers. On a related note, I wonder what is going to happen to the space they use at the McDonald building. I believe they occupy several floors in that building. Link to comment Share on other sites More sharing options...
MyTwoSense Posted July 13, 2010 Share Posted July 13, 2010 The point im trying to make is why is demand there instead of public transportation? Who exactly will demand those parking spots? Can you seriously be asking why people don't want to take public trans here? Have you READ the RTA thread lately? These people want convenient, IN BUILDING or attached to building parking. They get paid a lot of money and don't want to walk 2 or 3 blocks in the ice and snow, and it was probably contingent upon them staying downtown. seems a no brainer to me. Yes I am serious, with more and more people coming into the city RTA has to step up their game, but its difficult when there is virtually no planning/expansion or improvement of current services. However, with the local economy slightly improving that will change. That being said, what one wants, isn't necessarily right for the overall big picture. Again, there are two garages at the corner of East 6th and St. Clair and one right next to the building. Building a new parking lot and adding to the over abundance of lots already downtown isn't helping the overall big picture or a healthy vibrant urban core, we're always discussing. My only view is they think they can make money from parking or they need the parking to help offset cost. Howeve, are they really going to make any money as they have just added to the competition. Link to comment Share on other sites More sharing options...
Hts121 Posted July 13, 2010 Share Posted July 13, 2010 ^They want "attached" parking.... for both clients and employees. That is it. Link to comment Share on other sites More sharing options...
MyTwoSense Posted July 13, 2010 Share Posted July 13, 2010 ^They want "attached" parking.... for both clients and employees. That is it. It is what it is, but again, it's this one step forward, five steps back thinking thats got us as pegged as a car loving city! Anyway...back to the glorious announcement. Link to comment Share on other sites More sharing options...
rockandroller Posted July 13, 2010 Share Posted July 13, 2010 ditto hts121. It's an attached parking issue, 100%. It doesn't matter if there are other lots "close by," particularly crumbling, dirty garages such as the ones over by there, if memory serves. Link to comment Share on other sites More sharing options...
MD88PILOT Posted July 13, 2010 Share Posted July 13, 2010 Nice, but is the garage really needed? There are three within a block! UGH! No they are NOT needed. But as long as cheap lots exist they will depress the price of downtown parking which will encourage people to drive, etc, etc.... Now, if the economy improves and some of these surface lots get built upon and more workers commute downtown and proces rise, then maybe RTA won't look like such a bad option. Link to comment Share on other sites More sharing options...
willyboy Posted July 13, 2010 Share Posted July 13, 2010 The Crains version of the story... Of special note: "Calfee will move from 800 Superior Ave., a nearby skyscraper, where it occupies five floors." hmmmm... either/or or both??? *I guess that would be the space in the McDonald Building that Hts121 had mentioned. Calfee, Halter & Griswold to make former WKYC Building its home By STAN BULLARD 4:19 pm, July 13, 2010 The Calfee, Halter & Griswold law firm plans to put a different kind of stamp on downtown Cleveland's office market by occupying all of the historic former WKYC Building, 1401 E. Sixth St., in a $30 million project that includes construction of an adjoining, 190-space parking deck. http://www.crainscleveland.com/article/20100713/FREE/100719956 Link to comment Share on other sites More sharing options...
willyboy Posted July 13, 2010 Share Posted July 13, 2010 Nevermind it is just Key center on Superior not Key Tower (although I could swear the original version said Key Tower...?) :drunk: Link to comment Share on other sites More sharing options...
ccars Posted July 13, 2010 Share Posted July 13, 2010 Theres nothing to disagree with here... Im not saying Im for parking lots or more garages, Im just stating what company's locating downtown that have suburbanites running/working for them tend to look at as well as some of the reasons company's sometimes choose not to stay downtown. I understand that. However, why would any company currently located downtown need to build more parking space? If it's a cost issue, it would be more cost effective to negotiate leases with a structure already built withing close proximity. And with three garages VERY close, i'm sure a deal could be made. Look at it this way. Adding additional parking spaces downtown does two things: 1. Lowers the profit margins of parking lot operators across downtown. 2. Lowers the cost of parking for those coming downtown. These are both good things, at least if you're not a public transportation nazi (and I'm not, as my charitable use of the Green Line yesterday cost me an extra hour of my time due to inexplicable delay). Lowered parking costs will encourage people to use downtown resources, and lower profit margins will encourage the selloff and redevelopment of surface parking lots. Link to comment Share on other sites More sharing options...
jborger Posted July 15, 2010 Share Posted July 15, 2010 I'm assuming the garage would go on the parking lot directly east of the building? It would be cool if they built it like 515 euclid with the capacity for a building on top in the future. In the rendering it looks like thats what they did... Agreed. From the article, "Calabrese and his partners at CRM Real Estate Services will build a four-story, 190-car garage for Calfee on a surface lot just east of the building. The offices and the garage allow expansion room for the law firm..." Sounds like that "expansion room" means over the garage? That picture definitely shows an addition on back with offices above. I used to work in that building when it was Channel 3... Link to comment Share on other sites More sharing options...
jborger Posted July 15, 2010 Share Posted July 15, 2010 All these parking lots are just giving people more of an excuse to drive. If parking is going to become a premium, then we need less lots and more people as the prices will be out of reach for regular folks. Most of the cities we envy from a "walkability" perspective that have parking at a premium came about that way organically -- land was so valuable that building on it brought a better ROI that putting a parking lot on it. I'm all for more buildings and surface parking. But having some sort of mandate that limits parking garages might be a bit extreme. They're taking a surface lot and building a parking garage (which, if the "$20,000 per space" number I hear all the time is true, would make it a $3.8 million parking garage). That's increasing density. That's good for downtown. Link to comment Share on other sites More sharing options...
McCleveland Posted July 15, 2010 Share Posted July 15, 2010 ^I've heard it's usually closer to $25k per space. Link to comment Share on other sites More sharing options...
jborger Posted July 15, 2010 Share Posted July 15, 2010 ^I've heard it's usually closer to $25k per space. So a $4.75 million parking garage. What was the last new parking garage built downtown? Would 668 count? That wasn't really "new"... Link to comment Share on other sites More sharing options...
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