|
"Building the Neighborhood" or developing a new downtown
Cleveland community is at the core of HGN's advocacy mission.
Today, the ten residential
conversions in the Historic Gateway Neighborhood are successful in
meeting growing consumer demand.
The Buckeye Building, the Windsor
Block, the Pointe at Gateway Apartments, the Huron Square
Apartments, the Statler Arms, the Commercial
Building, the Osborn Building and the newly opened
WT Grant Building combine a turn-of-the-century charm with modern
lifestyle.
The Sincere Building, at East 4th and
Prospect, recently opened and is the first conversion to FOR SALE
housing in the neighborhood. The Pointe at Gateway now also
offers FOR SALE condos.
Opening soon
is MCrory-Frederick-Graves on East 4th Street.
In addition to the existing inventory
of nearly 600 units, 500 more units of housing are in the
planning stages for the Gateway district. Currently three clusters
of housing show promise for ongoing development:
1) The East 4th Historic District, spearheaded by the
Buckeye, Windsor, and Commercial Buildings;
2) the intersection of E. 9th, Prospect, and Huron Roads with
the Pointe at Gateway, the Osborn Building and Huron Square;
3) the emerging Euclid Avenue Corridor which connects Public
Square to University Circle. The Statler Arms renovation is the lead
project here where nearly 3000 new downtown housing units can
ultimately be built in this corridor.
HGN has fostered demand studies of
for-sale housing units in order to insure a mix of units in the
Historic Gateway Neighborhood. HGN in cooperation with the Downtown
Cleveland Partnership has received significant developer interest
for Euclid Avenue from Public Square to East 12th Street. Jointly, a
historic district strategy is being implemented because of prior
success in historic districts being a catalyst for raising equity
development dollars.
New for-sale condominiums on existing
surface parking lots have also been studied with regard to
feasibility and design. Interested developers and residents should
contact the HGN offices at (216) 771-1994 for more
information.
Click here for
HOUSING Directory.
| 
