Thursday, February 25, 2016
New Apartments Could be Coming to West Bank of Flats
This time, the new development would come on the west bank though.
Cleveland.com's Michelle Jarboe has the details on what would be a pretty big boon to the west side of the river. The short version: 11 stories or more filled with fresh space for renters.
Downtown Ventures LLC has a contract to buy 2208-2210 Superior Viaduct, a two-story building wedged between the old bridge and Washington Avenue. Documents submitted to the City of Cleveland show a 64-unit apartment building on the 0.3-acre site. Those plans won very early approval – a conceptual thumbs-up – from the Cleveland City Planning Commission last week.
"There already is some residential momentum in the area," said Daryl Kertesz, a member of Downtown Ventures and a principal at Activity Capital in Woodmere. "We feel that the greater west bank of the Flats is going to be the next frontier."
There really isn't much more than that to report at the moment — Kertesz won't even identify any potential partners in the project, which, we reiterate, is in the very early phases. There could be a rooftop deck and a fitness area, for instance, but nothing is set in stone. Anyone who really wants to get into the nitty gritty details should visit Jarboe's complete report. In the meantime, we'll be over here rooting for a rooftop basketball court.
Bully for the west bank!
(Hat Tip cleveland.com
A "very early" green light has been given for some possible new apartments in the Flats.