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Cleveland: Downtown: The Beacon

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47 minutes ago, ASPhotoman said:

 

5. "Apparently" a fruit store is going into Nucleus. 😉

 

 

I don’t buy that for a second!  BUT, if true, you’ve got the scoop (errr...bite? 😉) of the decade, @ASPhotoman

 

Great photos and tour. Honestly looks good and SO glad to finally see an apartment project in Cleveland without carpet. Impressions bode well for what we can expect for NuCLEus. Certainly...thinking different 🤣

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6 minutes ago, Frmr CLEder said:

Great pictures. It looks like interiors have high-quality appliances/fixtures.

Thank you! Nothing felt cheap about these places at all. 

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1 minute ago, ASP1984 said:

Those pictures are enough to make me want to move back to Cleveland.

Hmmm maybe I'll actually take my camera next time and go through other apartments soon to be leasing downtown. Maybe I can do my part in getting people back to town. 😉

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On 6/27/2019 at 10:13 AM, KJP said:

Stark rep at 5th Annual CRE Summit just said Beacon began soft leasing (no advertising) in February. Got 550 prospects right away. Building is now 60% preleased. Stark rep anticipates building will fill its 187 units within first year of opening. 

According to a June post Beacon was 60% pre-leased. This contradicts todays post that it is 20% leased.

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2 hours ago, simplythis said:

According to a June post Beacon was 60% pre-leased. This contradicts todays post that it is 20% leased.

Perhaps I misunderstood and what they meant is 20% of the building was currently occupied. 

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5 minutes ago, ASPhotoman said:

Perhaps I misunderstood and what they meant is 20% of the building was currently occupied. 

Correct. I'm pretty sure the building is currently 20% occupied. 60% of the building is reserved, so another 40% still need to choose whether or not they're moving in. (Or maybe their rooms aren't finished yet)

Edited by CLE_Millennial
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1 minute ago, CLE_Millennial said:

Correct. I'm pretty sure the building is currently 20% occupied. 60% of the building is reserved, so another 40% still need to choose whether or not they're moving in. (Or maybe their rooms aren't finished yet)

Thanks for clarifying. I thought 20% seems a bit low considering how nice these are.

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19 hours ago, ASPhotoman said:

The balcony level is fully leased and currently has a five year waiting list.

 

If true - I find this quite impressive.  Here's a screenshot of pricing for a 1,000 sqft Terrace unit.  $3,417 ?! Can that be right?

Screenshot_20190816-190354_Chrome.jpg

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13 hours ago, West153 said:

 

If true - I find this quite impressive.  Here's a screenshot of pricing for a 1,000 sqft Terrace unit.  $3,417 ?! Can that be right?

Screenshot_20190816-190354_Chrome.jpg

That seems incredibly high for a 1x1 (even a 2x2). My rent in a (2x2) in downtown MIA, brand new building, 24th floor, all stainless steel, hardwood floors, 500 ft2 balcony, floor to ceiling windows, pool/jacuzzi, gym, social room with great views of SOBE, cruise ship channel/ocean and downtown is 2/3 the price.

20190804_091937.jpg

Edited by Frmr CLEder
Missing info

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13 hours ago, West153 said:

 

If true - I find this quite impressive.  Here's a screenshot of pricing for a 1,000 sqft Terrace unit.  $3,417 ?! Can that be right?

Screenshot_20190816-190354_Chrome.jpg

Yeah, that seems to be right. The first one in my photos was with the two walls of windows I believe went for $3k/mo. I believe they said the level with balconies were close to $5k/mo.

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I wish one of “Stark’s other tweets” was about how Nucleus was actually going forward. 

And specifically on the Beacon, I’ve been wondering if we’re still going to see the signage atop the Tower. 

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Great photos, thanks ASPhotoman.  The place looks really nice.  And you were able to capture a flying saucer over the city in Photo #3--I knew they were real!

 

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On 8/16/2019 at 7:52 AM, ASPhotoman said:

Thank you! Nothing felt cheap about these places at all. 

And didn’t someone say upthread “looks cheap” 😂.  Those are great photos thanks for sharing. Those floor to ceiling windows really open those apartments up.

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On 8/29/2019 at 2:39 AM, Sapper Daddy said:

And didn’t someone say upthread “looks cheap” 😂.  Those are great photos thanks for sharing. Those floor to ceiling windows really open those apartments up.

Interiors are impressive. Still not a fan of the exterior, except at night.

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2 hours ago, Frmr CLEder said:

Interiors are impressive. Still not a fan of the exterior, except at night.

I find the interior generic and the exterior interesting.

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I love how this looks exactly like the renders. Maybe its more speaking to the quality of the renders they produced, but I can't remember any building before being this similar. I'm interested in seeing what they put up on the top part of the garage where the glass panels were removed. Will it just be glass panels like on the garage, or will they end up trying to blend the two facades? 

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Pretty soon we won't even have to build skyscrapers anymore. The CG has gotten so good, we'll all just be satisfied with the renderings. Right? Right.... 😛

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

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17 hours ago, PoshSteve said:

I love how this looks exactly like the renders. Maybe its more speaking to the quality of the renders they produced, but I can't remember any building before being this similar. I'm interested in seeing what they put up on the top part of the garage where the glass panels were removed. Will it just be glass panels like on the garage, or will they end up trying to blend the two facades? 

It is almost exactly like the rendering. Now they need to address the garage-tower interface; that is very bothersome to me and could be the reason I find the building's exterior so troubling.

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23 minutes ago, mack34 said:

^^ Yup,  they all had seating out last night and were putting it out this morning.  Even planted 2 new trees!

 

Nice touch. I hope it doesn't "walk away."


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

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21 hours ago, sizzlinbeef said:

Pretty dang close:

image.thumb.png.e889279790760c9d0bd3243c097a22b2.png

image.png.68a5630d0307283219550cf5fa12d9ee.png

It's a shame that Euclid Avenue is being restored to it's former preminence, just to see the end of it, on the other side of Public Square, end in a neverending sea of parking lots.

What a travesty.

 

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1 hour ago, Frmr CLEder said:

It's a shame that Euclid Avenue is being restored to it's former preminence, just to see the end of it, on the other side of Public Square, end in a neverending sea of parking lots.

What a travesty.

 

 

One step at a time. Every new/renovated building that fills up and causes rents to rise creates market pressure to fill more voids.

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

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1 hour ago, KJP said:

 

One step at a time. Every new/renovated building that fills up and causes rents to rise creates market pressure to fill more voids.

Progress is being made except in those lots.

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