Whiskey Business returns to Red Space on Friday, November 9 - Limited Tickets Available Here!

Tuesday, March 10, 2015

Vacant Since 2007, Cleveland Athletic Club Building Could Have New Life Soon

Posted By on Tue, Mar 10, 2015 at 9:40 AM

click to enlarge clevelandathleticclub.jpg
The Cleveland Athletic Club building sold at auction Monday for $3.3 million to N.J.-based lender Waring Investments.

Local developers suspect, however, that Waring doesn't actually want the property. They think Waring will likely turn it over to a local developer eager to convert the historic building on Euclid, which has been vacant since 2007, into apartments. (Waring has 30 days to make up its mind). 

The only other company to bid on the building Monday was developer Fred Geis, who bowed out at $3.2 million. Doug Price, CEO of the K&D Group, attended the auction as well but elected not to bid when it was clear Waring was in it to win it.

The Cleveland Athletic Club building was built in 1910, two years after the formation of the club. Offerings included swimming, bowling, billiards, a card room, dining room, and 12 overnight guest rooms — hubba hubba.  The Encyclopedia of Cleveland History reports that in 1922, Johnny Weismueller (Tarzan!) set the world record for the 150-yard backstroke in the CAC pool. 

Due in large part to the Euclid Corridor Project construction, the CAC closed in 2007.  


Tags: , , , , , ,

Comments (5)

Showing 1-5 of 5

Add a comment

Subscribe to this thread:
Showing 1-5 of 5

Add a comment


Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.


© 2018 Cleveland Scene: 737 Bolivar Rd., Suite 4100, Cleveland, OH 44115, (216) 241-7550
Logos and trademarks on this site are property of their respective owners.

Website powered by Foundation