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Oldmanladyluck
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Notice that the office tower in this first phase is 6-8 stories shorter than what was previously planned... thanks to the financial crisis. Though we've debated on this forum the importance of street-level interactions, it would have been nice to see a new structure of some greater height being built.
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jborger
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Also if you go to the website http://www.flatseast.com it has been stripped down bigtime with what looks to be an updated rendering.
I'd be interested to see the back of that building and how it connects with West 9th Street. I believe there's a parking lot there. Will that remain or be an east entrance to the building?
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Oldmanladyluck
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Cleveland's City Council approves huge financial package to help revive Flats east bank projectBy Henry J. Gomez, The Plain Dealer October 05, 2009, 6:34PM With Michelle Jarboe Cleveland’s City Council threw a life raft Monday to private developers hoping to tackle a major real estate project along the east bank of the Flats. Council members approved a substantial financial package, including a $30 million loan, that Mayor Frank Jackson proposed last month as part of city and state efforts to revive the recession-stalled plans. A $270 million first phase is to be anchored by a new office building to house the Ernst & Young accounting firm and the Tucker Ellis & West law firm. http://blog.cleveland.com/metro/2009/10/clevelands_city_council_approv.html
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X
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Notice that the office tower in this first phase is 6-8 stories shorter than what was previously planned... thanks to the financial crisis. Though we've debated on this forum the importance of street-level interactions, it would have been nice to see a new structure of some greater height being built.
My old site plan shows a 20 story building, and I estimate about 20 stories on the current rendering-it's hard to tell what's happening when it goes behind the other building.
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KJP
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Seems about the same height to me.
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Oldmanladyluck
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^You're probably right... I just remember (or probably wanted to see) something larger on that site  .
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tedolph
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Also if you go to the website http://www.flatseast.com it has been stripped down bigtime with what looks to be an updated rendering.
I know that artists' renderings can be very misleading, but as such, this is very uninspiring.
Looks like a rendering from the 1950's
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MyTwoSense
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Also if you go to the website [url=http://www.flatseast.com]http://www.flatseast.com[/url] it has been stripped down bigtime with what looks to be an updated rendering.
I know that artists' renderings can be very misleading, but as such, this is very uninspiring.
Looks like a rendering from the 1950's
No it doesn't. Honestly I like it, on paper.
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w28th
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A horrible rendering. That is fact.
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MyTwoSense
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A horrible rendering. That is fact.
You and are you professional opinion!  he he he
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MuRrAy HiLL
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Strickland announces $1 million for Cleveland investments"We are making strategic investments in Ohio communities and businesses to retain jobs and to advance urban redevelopment efforts," Strickland said. Flats East Development LLC will receive a $1 million Rapid Outreach Grant for the costs associated with building construction in support of the company's redevelopment project in the City of Cleveland (Cuyahoga County). MORE AT http://www.wkyc.com/news/state/ohio/news_article.aspx?storyid=124607&catid=23
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X
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Construction doesn't start because there's been enough talk, it starts because there's enough money.
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Coneybear
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I know, but I've seen so much news of huge federal and state loans that this project has been receiving that it seems like they should have enough to at least start on something. But maybe I'm just too impatient.
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MayDay
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I've driven by and they're doing a substantial amount of excavation all over the site; I'm pretty sure that's only for the infrastructure improvements for now.
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McCleveland
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I know, but I've seen so much news of huge federal and state loans that this project has been receiving that it seems like they should have enough to at least start on something. But maybe I'm just too impatient.
patience grasshopper. i believe total of grants and loans is about $54m, and the initial phase of the development is in the $250-270m range. As has been reported, they expect to have everything in order to begin by around the first of the year.
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Coneybear
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I know, but I've seen so much news of huge federal and state loans that this project has been receiving that it seems like they should have enough to at least start on something. But maybe I'm just too impatient.
patience grasshopper. i believe total of grants and loans is about $54m, and the initial phase of the development is in the $250-270m range. As has been reported, they expect to have everything in order to begin by around the first of the year.
yayay!! i really hope construction will start that early. And even if this get put off, the casino construction should keep me occupied. (i guess i really like the site of construction downtown)
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mrnyc
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in the meantime, i'm glad to hear they are working on continual infrastructure improvements around there. very good of the city for now!
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gotribe
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I know the tower bids next Friday, November 13 for general trades. It was supposed to go tommorow morning but was extended 1 week. It has been advertised as 23 stories, 18 floor office tower ontop of 3 story parking and 2 story penthouse for mechancial features. CM was chosen a little while back. All in all, it is very much alive and really close to going up.
Also, the hotel bids next Friday, and is advertised as 8 stories with the first 3 floors as retail. 150 hotel rooms.
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3231
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^CM--what does that mean?
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KJP
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I know the tower bids next Friday, November 13 for general trades. It was supposed to go tommorow morning but was extended 1 week. It has been advertised as 23 stories, 18 floor office tower ontop of 3 story parking and 2 story penthouse for mechancial features. CM was chosen a little while back. All in all, it is very much alive and really close to going up.
Also, the hotel bids next Friday, and is advertised as 8 stories with the first 3 floors as retail. 150 hotel rooms.
Gee, couldn't they just put the hotel on top of the office building and get a 31-story tower? In all seriousness, I'm very glad to read this development. Hopefully it will spur more, especially on the Weston-owned properties in the Warehouse District.
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gottaplan
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I know the tower bids next Friday, November 13 for general trades. It was supposed to go tommorow morning but was extended 1 week. It has been advertised as 23 stories, 18 floor office tower ontop of 3 story parking and 2 story penthouse for mechancial features. CM was chosen a little while back. All in all, it is very much alive and really close to going up.
Also, the hotel bids next Friday, and is advertised as 8 stories with the first 3 floors as retail. 150 hotel rooms.
Is the new CM on the project Gilbane? I know originally it was Marous Bros, but Wohlstein parted ways with them for whatever reason. It'll be interesting to see what local contractors bid on & get the work.
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Etheostoma Caeruleum
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Glad to see this moving, but one concern...I hope this added 'retail' doesn't make it even harder to fill existing space downtown.... Or, I hope it does not lure existing business out of existing places to locate in the new. That would be a kind of 'sprawl contained within downtown' scenario. Such will never have the appeal of a Euclid shopping area.
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MuRrAy HiLL
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Ernst & Young gets major tax break in move to east bank of the Flats By Michelle Jarboe, The Plain Dealer December 07, 2009, 6:18PM CLEVELAND, Ohio -- The state is awarding a major tax break to Ernst & Young, which plans to move its Cleveland offices from East Ninth Street to the east bank of the Flats. The Ohio Tax Credit Authority on Monday approved a 75 percent, 10-year tax credit for the accounting firm, for moving 625 employees to a planned office tower in the Flats East Bank project. The state said the tax credit, of up to $16.5 million over a decade, is a major factor in Ernst & Young's decision to stay in Ohio. MORE AT http://www.cleveland.com/business/index.ssf/2009/12/ernst_young_gets_major_tax_bre.html
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Hts121
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... and the relevant development information from the article.
The first phase, a $270-million to $300-million project, also will include a 150-room hotel, a parking garage, a health club, restaurants and a park. Construction could start in the spring.
Considering the scope/shape of Phase 1, combined with the chance that future phases will not be built anytime soon, if ever, I really hope that care is taken to incorporate Phase 1 with the WHD as opposed to creating a separate mini-neighborhood.
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Whipjacka
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Im glad to hear some kind of news on this. with the casino, mm (assuming that it ever happens) and this, that has to be over $1.3 billion in major construction happening at the same time. not too bad.
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3231
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I've heard that they've secured all their financing and that they'll make the announcement sometime this week.
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MayDay
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I'll wait until I see a tower crane putting something together on this one
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