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Thursday, June 13, 2013

Even More Swanky Apartments Planned for Ohio City

Posted By on Thu, Jun 13, 2013 at 10:26 AM


Shortly after the announcement of a new 200-unit residential project near the W. 25th Street rapid station, the PD reported that a father-son development team plans to revise their plan for condos on Detroit and W. 32nd and build a four-story complex of high-end apartments.

Extremely high-end, as it turns out. The complex will be called "Mariner's Watch" — to honor the property's heritage of maritime supply? — and the starting rent for the 33 one-bedroom and 29 two-bedroom units will reportedly be $975 and $1,239, respectively.

According to market studies by developer Brian Koch, that's $100 more than any other rental property in the area. Sounds ludicrous, but you'll get what you pay for, I guess. Koch intends to have a deluxe rooftop gym, a home theater, and "demonstration kitchens" in some units for "tastings and events."

Jesus Christ. Isn't this is supposed to be ragtag Ohio City? On our Facebook page, some commenters suggested that we should refrain from the snarky editorializing and try to be psyched about development in Cleveland's Near West Side no matter what form it takes. That's a tall order, far as I'm concerned.

"Studies" have shown that Ohio City could sustain close to 1,000 more residential units, and it looks like rabid developers, enamored of the Esquire crowd at Town Hall or something, are pouncing at the opportunity. Take a look at this shit, from the PD's report:

Between some small for-sale projects, well-publicized rental deals and recent land transfers in the neighborhood, it's clear several hundred townhouses and apartments could crop up in Ohio City during the next few years.

Rick Foran and Chris Smythe are close to starting construction on 70 apartments and commercial space in a cluster of historic buildings on West 25th. Bluewater Capital Partners, a local investor group, won state tax credits last year to turn the former West Side Community House on Bridge Avenue into apartments and a cafe.

Tom Gillespie could start work this year on another small apartment project, the Jay Hotel on Jay Avenue. At Detroit and West 29th Street, Graham Veysey is gutting and rehabbing a dilapidated apartment building for new residents and retailers.

Bar-and-restaurant owner Sam McNulty recently bought property on Abbey Avenue for a small townhouse development, where he plans to live. Construction could start this summer.

Is it just me, or is your excitement looking more and more like apprehension these days?

Above all, we'd be wise to remember that Ohio City should be regarded foremost as a neighborhood, not a "district."

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