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MyTwoSense
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I disagree...Euclid Avenue does not need any more 9-5 government/financial institutions taking up prime storefront/street level spaces.
I'm with you in spirit but that's kinda what this building is. It has retail, but mostly facing inward not outward. Even if the rotunda becomes a club, that corner isn't ideal for nightlife.
I disagree. Any place in a CBD is ideal with the right business and marketing. Those for corners are gold!
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kal-el
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I disagree...Euclid Avenue does not need any more 9-5 government/financial institutions taking up prime storefront/street level spaces.
Who said that the county would take up street level space?? The huntington bldg currently has retail on the Euclid first floor.
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noozer
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City fears downtown office vacancies will rise as financial industry fallsPosted by Michelle Jarboe/Plain Dealer Reporter November 21, 2008 23:45PM Trouble on Wall Street could lead to vacancies on Cleveland's main streets, gutting floors of downtown office buildings as banks and financial-services companies merge, cut back or crumble. Public officials and local real estate professionals are nervously watching for shifts beneath the city skyline. As they pinpoint potential holes, they're discussing ways to market downtown, lure companies from the suburbs and fill gaps with new businesses and, possibly, government offices. More at http://blog.cleveland.com/business/2008/11/city_fears_downtown_office_vac.htmlMap of Downtown Vacancies:http://blog.cleveland.com/pdgraphics/2008/11/22FGSPACE.pdf
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MayDay
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The only error I noticed is that they have North Point Tower and Tower at Erieview switched.
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buckeye1
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But isn't #13 the Ohio Bell/Ameritech/AT&T Lakeside building, and North Point (Wachovia) is further north?
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MyTwoSense
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More inept reporting/research/Copy Edit. by the Plain Dealer!
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MayDay
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But isn't #13 the Ohio Bell/Ameritech/AT&T Lakeside building, and North Point (Wachovia) is further north?
Yep, you're absolutely right - looks like they got that cluster mixed up.
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blinker12
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Not really downtown but not sure where else to put this... Lights go out in downtown digs as Graybar moves to Valley View By STAN BULLARD Crain's 4:30 am, December 1, 2008 The lure of a larger one-story building will take another longtime company out of the city of Cleveland after Graybar Electric Co. of St. Louis purchased a building in Valley View. The electrical equipment distributor on Nov. 20 paid $4 million for the former Tyler Elevator Co. building at 6161 Halle Drive, according to Cuyahoga County land records. More at http://www.crainscleveland.com/apps/pbcs.dll/article?AID=/20081201/SUB1/312019989/1004&Profile=1004
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Ctownrocks1
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Cleveland office rents rose slightly at end of 2008, bucking national trendPosted by Michelle Jarboe/Plain Dealer Reporter January 06, 2009 18:05PM Categories: Real Time News Office rents in Greater Cleveland ticked up slightly during the final months of 2008, even as average rents fell in most major markets throughout the country.A 0.3 percent rent gain meant Cleveland's office rental rates basically were flat during the fourth quarter, said Victor Calanog, director of research for real estate research firm Reis Inc. More at http://blog.cleveland.com/cribnotes/2009/01/cleveland_sees_slight_rise_in.html
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palijandro7
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About 100 Howard Hanna employees will move from the suburbs to a new regional headquarters downtown, the company says. The real estate company, based in Pittsburgh, will move its regional office in June from Seven Hills to the former corporate offices of Realty One, which it acquired in October. About 55 additional employees, which Howard Hanna hired from Realty One, already work in the office, at 800 W. St. Clair Ave. in the Warehouse District. More at http://blog.cleveland.com/business/2009/01/howard_hanna_to_move_100_emplo.html
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freethink
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I wonder if the cancellation of this note would free up money so Jacobs can consider moving forward with there proposed PS project? Jacobs Group no longer owns stake in Key Centerby Michelle Jarboe/Plain Dealer Reporter Tuesday April 21, 2009, 5:34 PM The Richard E. Jacobs Group, which developed Key Center in downtown Cleveland, has relinquished its 50 percent stake in the skyscraper complex. Recent regulatory filings show that Wells Real Estate Funds, based in Georgia, took full ownership of Key Tower, the Marriott Downtown Cleveland hotel and the neighboring parking garage in October. continued at>>> http://www.cleveland.com/business/index.ssf/2009/04/jacobs_group_no_longer_owns_st.html
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punch
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I was thinking about Key Tower the other day. It was built in 89 right, and given a 20yr tax abatement. Would that have anything to do with it?
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X
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I thought Jacobs was also doing a lot of estate planning, so this may be a part of that.
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McCleveland
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I'm posting this here instead of the Breuer thread as it is really the appropriate place... But the Rosetta Interactive Marketing Agency is in fact coming downtown, though not into the CBD. It looks like they have an agreement in place to move their offices into the Plain Dealer building on Superior. This is a pretty big win for Cleveland getting a company with 400 employees from the suburbs into downtown. Doubt the paper will mention much of it, they seem to only want to mention companies that are going out. This company incidentally is also growing like a weed.
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cardsnxtyr
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Plain Dealer Building?? Why in the world would they move into that particular building with all the other openings around downtown? Im extremely happy to see this company moving into the city from the burbs but am a little confused to why they are going there.
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doctabroccoli
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Plain Dealer Building?? Why in the world would they move into that particular building with all the other openings around downtown? Im extremely happy to see this company moving into the city from the burbs but am a little confused to why they are going there.
Baby steps perhaps? That building is pretty suburban-esque.
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punch
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^a few years back there was a lot of attention given to this area. Live/work spaces were approved legislatively, developments such as the Tower Press took advantage of it, sidewalks were extended to provide patio dining for new restaurants and the like.
Basically, the seeds that were sewn a few years back provide the type of environment the company was looking for. That, or the PD was having a firesale of leases.
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McCleveland
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I *believe* (and the individual I talked to wasn't 100% sure about this part), that they signed a shorter term lease (something like 5 years), and that they would like to end up in the CBD. But the PD building has a lot of move in ready space... time, and somewhere with enough space, was a factor.
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cardsnxtyr
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Plain Dealer Building?? Why in the world would they move into that particular building with all the other openings around downtown? Im extremely happy to see this company moving into the city from the burbs but am a little confused to why they are going there.
Baby steps perhaps? That building is pretty suburban-esque.
Very true I guess i just didnt realize/think the PD would lease out space to other companies, I thought the building was just for them.
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Hts44121
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Makes sense. The time between will give them plenty of time to evaluate their options - FEB, Weston, East Ohio, Schofield, Breuer, space that will be created by shifts in office space throughout the CBD. Things should be a lot clearer by then.
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Etheostoma Caeruleum
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Yes, the paper seems to only cover the looses. I am also starting to question the integrity or vision of some of these companies who move to the suburbs. Besides politics, at least philosophically, these days....you would think any progressive minded company would WANT to locate in a CBD where there is growing opportunity. Instead, we see many doing the same thing as what happened in the 60's-70's..the flight again...choosing to be in an auto dependent atmosphere. maybe this has something to say about the era in which people who make up such companies grew up in. Just a thought. Bottom line is in this day and age, you'd think the push would be to locate downtown again...and not repeat the trends of earlier times that saw the same thing.
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8ShadesofGray
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I think it's a great neighborhood for a business to move into, actually, and a lot are. There are a number of start-ups in Perkowski's Tower Press and Bloch Buildings, and look at the amazing work being done a mile down Superior at Tyler Village ... nothing short of astounding how many suburban companies they have brought in. I would also think there might be some advantages for a marketing agency to co-locate with the region's largest newsprint publication, if nothing else as a subconscious hook for clients (heck, of course they're going to be able to get my event placement ... they work down the hall from the editor of the paper!).
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MuRrAy HiLL
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Keller Williams Realty Greater Cleveland looks to boost presence downtownPosted by Michelle Jarboe/Plain Dealer Reporter July 13, 2009 11:12AM Keller Williams Realty Greater Cleveland is looking at ways to boost its visibility and drum up business in downtown Cleveland. The real estate office, which currently represents condos and single-family homes throughout Cleveland, has been growing in recent months with an eye on expanding in the center city. Agents Mark Lastition and Scott Phillips Jr. have moved over to Keller Williams from Howard Hanna Real Estate Services. They've joined forces with agents including Janis Wirt, Jake Lohser and Bob Zimmer. More at http://blog.cleveland.com/cribnotes/2009/07/keller_williams_realty_greater.html
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X
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I've split discussion of Crowe-Horwathe's move to another thread, which will be renamed appropriately soon. Please continue that discussion there.
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Hello65
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« Reply #657 on: September 11, 2009, 11:00:32 AM » |
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The 1717 E9th St. Building appears to now be empty. The lobby remains open (with no more security guard) for access to the attached parking structure.
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Clefan98
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Keller Williams Realty will open a downtown Cleveland office next month By Michelle Jarboe, The Plain Dealer November 03, 2009, 3:45PM Keller Williams Realty Greater Cleveland plans to open a downtown Cleveland office next month, staffed by at least 17 agents who want to market and sell property in the city. Keller Williams agents Mark Lastition, Jake Lohser and Scott Phillips have signed a letter of intent to lease 2,100 square feet in the Cloak Factory building at 635 W. Lakeside Ave. in the Warehouse District. "We see downtown Cleveland as one of the few areas in the entire region that is constantly growing," said Phillips, who joined Keller Williams in early 2009. "But there aren't a lot of real estate offices in the area. The pool is very small." http://www.cleveland.com/business/index.ssf/2009/11/keller_williams_realty_will_op.html
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w28th
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"We see downtown Cleveland as one of the few areas in the entire region that is constantly growing,"
Thank you.
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