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Author Topic: Cleveland: The Avenue District  (Read 277974 times)
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McCleveland
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« Reply #2400 on: August 25, 2009, 05:11:23 PM »

I think the developer is very motivated to see those additional phases move forward as planned too!  This economic stall hit everyone in a very disconcerning way, but it has to end at some point.  The development and timelines for those phases are as much a function of the lending community's willingness to fund urban projects again as much as it is buyers willingness to invest their money in to the heart of their City. 

Believe it or not, last month was the best month in terms of traffic through the sales center if 3 years.  There is still a very interested audience in living downtown. 

That is great news, I recently heard similar news from a developer of another for sale project downtown.
doctabroccoli
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« Reply #2401 on: August 25, 2009, 05:19:14 PM »

I think the developer is very motivated to see those additional phases move forward as planned too!  This economic stall hit everyone in a very disconcerning way, but it has to end at some point.  The development and timelines for those phases are as much a function of the lending community's willingness to fund urban projects again as much as it is buyers willingness to invest their money in to the heart of their City. 

Believe it or not, last month was the best month in terms of traffic through the sales center if 3 years.  There is still a very interested audience in living downtown. 

That is great news, I recently heard similar news from a developer of another for sale project downtown.

Hooray more potential new neighbors!!!!!!
MyTwoSense
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« Reply #2402 on: August 25, 2009, 05:25:43 PM »

I think the developer is very motivated to see those additional phases move forward as planned too!  This economic stall hit everyone in a very disconcerning way, but it has to end at some point.  The development and timelines for those phases are as much a function of the lending community's willingness to fund urban projects again as much as it is buyers willingness to invest their money in to the heart of their City. 

Believe it or not, last month was the best month in terms of traffic through the sales center if 3 years.  There is still a very interested audience in living downtown. 

That is great news, I recently heard similar news from a developer of another for sale project downtown.

Hooray more potential new neighbors!!!!!!

That means a lot more muffins for you to bake to put into your "welcome neighbor" baskets.
doctabroccoli
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« Reply #2403 on: August 25, 2009, 06:35:25 PM »

I think the developer is very motivated to see those additional phases move forward as planned too!  This economic stall hit everyone in a very disconcerning way, but it has to end at some point.  The development and timelines for those phases are as much a function of the lending community's willingness to fund urban projects again as much as it is buyers willingness to invest their money in to the heart of their City. 

Believe it or not, last month was the best month in terms of traffic through the sales center if 3 years.  There is still a very interested audience in living downtown. 

That is great news, I recently heard similar news from a developer of another for sale project downtown.

Hooray more potential new neighbors!!!!!!

That means a lot more muffins for you to bake to put into your "welcome neighbor" baskets.

Hahaha.  Believe it or not, I currently don't do such things!
MyTwoSense
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« Reply #2404 on: August 25, 2009, 07:39:46 PM »

I think the developer is very motivated to see those additional phases move forward as planned too!  This economic stall hit everyone in a very disconcerning way, but it has to end at some point.  The development and timelines for those phases are as much a function of the lending community's willingness to fund urban projects again as much as it is buyers willingness to invest their money in to the heart of their City. 

Believe it or not, last month was the best month in terms of traffic through the sales center if 3 years.  There is still a very interested audience in living downtown. 


That is great news, I recently heard similar news from a developer of another for sale project downtown.


Hooray more potential new neighbors!!!!!!

 
That means a lot more muffins for you to bake to put into your "welcome neighbor" baskets.


Hahaha.  Believe it or not, I currently don't do such things!


You're letting that brand new kitchen go to waste??  The shame!
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« Reply #2405 on: August 25, 2009, 09:31:10 PM »

SB, who is the typical Avenue browser, young couples, empty nesters, young professionals?
StrangeBrew
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« Reply #2406 on: August 25, 2009, 10:39:14 PM »

Punch - All of the above!  Our buyers range from young professional couples to active adults (aging boomers) who's last kid just left/is leaving for college.  It's exactly those demographics that you read about in industry mags or university-sponsored reports.  The interesting thing about our buyers is their level of involvement in the community and development.  Every resident has taken ownership, not just of their property of of the development and the eastern edge of downtown.  From getting rid of the debris pile at the Tech Center to pushing for more green space, to recommending friends for new sales, the residents are as involved as the developer. 
StrangeBrew
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« Reply #2407 on: October 13, 2009, 10:35:02 PM »

Living in Cleveland DowntownDQ

MyTwoSense
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« Reply #2408 on: October 13, 2009, 10:40:30 PM »

Living in Cleveland Downtown



Those bathrooms and that closet could use some help. Also, the host got the neighborhood wrong.

Overall good.
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« Reply #2409 on: October 13, 2009, 10:47:27 PM »

MTS - fair enough.  Why don't you stop by and help make those bathrooms better!!!!!  We're always open to suggestions and new ideas.  PM me and set some time for a tour. 

In fact, we should have a U.O. "happy hour" at The Avenue District!  Who's in? 

This is actually a clip from a City of Cleveland sponsored program airing on Ch. 20 (City of Cleveland public access) that highlights new construction and other housing opportunities. 
MyTwoSense
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« Reply #2410 on: October 13, 2009, 10:48:23 PM »

MTS - fair enough.  Why don't you stop by and help make those bathrooms better!!!!!  We're always open to suggestions and new ideas.  PM me and set some time for a tour. 

Pay me.  Dead serious.
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« Reply #2411 on: October 13, 2009, 11:31:23 PM »

Living in Cleveland Downtown



Those bathrooms and that closet could use some help. Also, the host got the neighborhood wrong.

Overall good.


I agree.  Where's the stylish tile in the bathrooms or the backsplash/glass tile in the kitchen.  We took a look at these last time we were in town but.... 
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« Reply #2412 on: October 14, 2009, 12:11:01 AM »

Good to hear enough is done so that it is resident-ready. As for the bikes, they are vehicles and there should be sharrows so that cyclists are riding in the most predictable manner among drivers in 1,000+ lbs of metal. That would be like a car so as to avoid ending up in a blind spot and in an ER room. Cyclist deaths in Portland confirm what I already know about bike lanes, which is that they're more dangerous and are simply car-oriented infrastructure by putting cars first over bikes. There are plenty of lanes for cars to pass cyclists here. Also, I'm sure some of you guys noticed, but I see that UO is linked there.
KJP
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« Reply #2413 on: October 14, 2009, 09:51:07 AM »

I'm up for a UO happy hour! Be sure to offer non-alcoholic beverages, please.

Living in Cleveland Downtown



Those bathrooms and that closet could use some help. Also, the host got the neighborhood wrong.

Overall good.


As a straight man, I didn't see anything wrong with them!!   :-P   Just throw your dirty clothes on the floor and use the bathroom counter for storing leftover food, cans of WD40, Drano and dirty rags.  :-o

Seriously, these are for-sale units. If you don't like a design feature, you can always change it.
willyboy
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« Reply #2414 on: October 14, 2009, 10:06:51 AM »

Im just pickin...  They are some of the nicer new construction in Cleveland I guess, but they are also pretty pricey for Cleveland, with some seemingly pretty standard features.  And the fee's (a trade off for the tax abatement I guess)....  I want a house with a yard for poochy and garden for me.  :-D
doctabroccoli
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« Reply #2415 on: October 14, 2009, 10:21:18 AM »

Im just pickin...  They are some of the nicer new construction in Cleveland I guess, but they are also pretty pricey for Cleveland, with some seemingly pretty standard features.  And the fee's (a trade off for the tax abatement I guess)....  I want a house with a yard for poochy and garden for me.  :-D

They're so expensive cause the building was constructed with post-tensioned concrete instead of steel.....  We didn't even consider the condo building because we were priced out of everything but the 900 sq ft 1 bdrm/1bath with a single parking spot.
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« Reply #2416 on: October 14, 2009, 06:48:55 PM »

Decent video.  That man was swaying quite a bit, however, and I started to get seasick! :-D
MyTwoSense
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« Reply #2417 on: October 14, 2009, 07:25:47 PM »

I'm up for a UO happy hour! Be sure to offer non-alcoholic beverages, please.

Living in Cleveland Downtown



Those bathrooms and that closet could use some help. Also, the host got the neighborhood wrong.

Overall good.


As a straight man, I didn't see anything wrong with them!!   :P   Just throw your dirty clothes on the floor and use the bathroom counter for storing leftover food, cans of WD40, Drano and dirty rags.  :o

Seriously, these are for-sale units. If you don't like a design feature, you can always change it.

 
At that price point, I should have a menu of features to chose from.  That was a below standard bathroom counter. The closet should have a built in closet system included at that price point.
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« Reply #2418 on: October 14, 2009, 09:29:10 PM »

Thanks for the feedback.  This stuff is very helpful!  The video didn't do a good job of conveying that there really is a menu of options to choose from for finishes.  It just so happened that they decided to shoot the video in a sold unit, and the buyer selected those finishes. Buyers in the loft building can pretty much get their pick of the litter in terms of cabinets, counter tops, flooring, etc.  Even walls can be moved (and in some units they have!!!) 
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« Reply #2419 on: October 15, 2009, 06:58:45 AM »

Thanks for the feedback.  This stuff is very helpful!  The video didn't do a good job of conveying that there really is a menu of options to choose from for finishes.  It just so happened that they decided to shoot the video in a sold unit, and the buyer selected those finishes. Buyers in the loft building can pretty much get their pick of the litter in terms of cabinets, counter tops, flooring, etc.  Even walls can be moved (and in some units they have!!!) 

Thats what you should focus on.  The video should have been shot from the Kitchen with the view in the background.
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« Reply #2420 on: November 18, 2009, 01:52:33 PM »

I drove by the condo portion of the Avenue District yesterday for the first time in a long time and was disappointed (although quite frankly not surprised) to see that a significant portion of the block has reverted back to surface parking.  I cannot blame Zaremba for wanting to make some money rather than letting the land just sit there, but it left me with a bad taste in my mouth.  That block has been surfacing parking for 25-30 years and I had high hopes that that was gone for good.  Unfortunately (and not to be a negative nelly), I have a feeling the remainder of the block will stay surface parking for quite some time to come.
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« Reply #2421 on: November 18, 2009, 02:38:47 PM »

I drove by the condo portion of the Avenue District yesterday for the first time in a long time and was disappointed (although quite frankly not surprised) to see that a significant portion of the block has reverted back to surface parking.  I cannot blame Zaremba for wanting to make some money rather than letting the land just sit there, but it left me with a bad taste in my mouth.  That block has been surfacing parking for 25-30 years and I had high hopes that that was gone for good.  Unfortunately (and not to be a negative nelly), I have a feeling the remainder of the block will stay surface parking for quite some time to come.

Until the next building goes up, yes.  Same with the townhomes :(  I'm not into legal stuff, but how much of that land does the city still own with Zaremba having a land option on it?  That I'm not sure of.
Hts44121
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« Reply #2422 on: November 18, 2009, 02:56:52 PM »

I drove by the condo portion of the Avenue District yesterday for the first time in a long time and was disappointed (although quite frankly not surprised) to see that a significant portion of the block has reverted back to surface parking.  I cannot blame Zaremba for wanting to make some money rather than letting the land just sit there, but it left me with a bad taste in my mouth.  That block has been surfacing parking for 25-30 years and I had high hopes that that was gone for good.  Unfortunately (and not to be a negative nelly), I have a feeling the remainder of the block will stay surface parking for quite some time to come.

Until the next building goes up, yes.  Same with the townhomes :(  I'm not into legal stuff, but how much of that land does the city still own with Zaremba having a land option on it?  That I'm not sure of.

Any inkling of WHEN contruction will start on the next building.  I realize they have to sell a certain number of units in the first building to move on to the next... how close are they?  5 units? 10? 30?  I guess I am frustrated because, IMO, Zaremba built 1/3 of a building that outwardly looks incomplete.  With that said, I don't totally blame Zaremba for the situation given the lending freeze.
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« Reply #2423 on: November 18, 2009, 03:08:45 PM »

I drove by the condo portion of the Avenue District yesterday for the first time in a long time and was disappointed (although quite frankly not surprised) to see that a significant portion of the block has reverted back to surface parking.  I cannot blame Zaremba for wanting to make some money rather than letting the land just sit there, but it left me with a bad taste in my mouth.  That block has been surfacing parking for 25-30 years and I had high hopes that that was gone for good.  Unfortunately (and not to be a negative nelly), I have a feeling the remainder of the block will stay surface parking for quite some time to come.

Until the next building goes up, yes.  Same with the townhomes :(  I'm not into legal stuff, but how much of that land does the city still own with Zaremba having a land option on it?  That I'm not sure of.

Any inkling of WHEN contruction will start on the next building.  I realize they have to sell a certain number of units in the first building to move on to the next... how close are they?  5 units? 10? 30?  I guess I am frustrated because, IMO, Zaremba built 1/3 of a building that outwardly looks incomplete.  With that said, I don't totally blame Zaremba for the situation given the lending freeze.

Not only do they need to finish (or come close to) selling the first building, but they also need to pre-sell units for a second building.  So as of right now, there is no inkling.
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« Reply #2424 on: November 18, 2009, 03:09:48 PM »

^and it's not just the "credit crunch"... it's the way that banks are unfairly (imho) focussing a lot of their "wrath" on condo buyers.  It's incredibly hard to get a loan for a condo tower unit right now even if you want to buy.
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« Reply #2425 on: November 19, 2009, 04:16:46 PM »


Any inkling of WHEN contruction will start on the next building.  I realize they have to sell a certain number of units in the first building to move on to the next... how close are they?  5 units? 10? 30?  I guess I am frustrated because, IMO, Zaremba built 1/3 of a building that outwardly looks incomplete.  With that said, I don't totally blame Zaremba for the situation given the lending freeze.

Anyone have info on this? Would really be intresting to see.
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« Reply #2426 on: November 19, 2009, 04:54:08 PM »

See DocBroc's reply to my post.  If anyone had info on this board to answer the question it would be her.
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