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Huntington Bank building in Downtown Cleveland on track for re-development

Huntington Bank building in Downtown Cleveland on track for re-development
Construction to start on the The Centennial Cleveland to begin in early 2022
Huntington Bank building in Downtown Cleveland on track for re-development
By Brian Duffy | April 19, 2021 at 8:45 PM EDT - Updated April 19 at 11:57 PM
CLEVELAND, Ohio (WOIO) - We’ve all known it as the Huntington Building but very soon that Cleveland landmark will transition to The Centennial Cleveland, as despite the pandemic, downtown Cleveland has apparently managed to continue the momentum of residential growth.
The Millenia Companies, a local company, will begin a $500 million dollar project at East 9th and Euclid that will transform the Huntington Building into 860 apartments, anchored by a first-floor restaurant and a Western Reserve Historical Society Exhibit. ....

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Union Trust Building Redevelopment Would Fill in Gaps on Euclid Avenue

A rendering of the proposed redevelopment of the Centennial building on Euclid Avenue.
The historic Union Trust building in Downtown Cleveland could be reimagined as workforce housing under a redevelopment plan that’s been securing public financing in the past few months.
The mostly vacant, 1.3 million-square-foot building, renamed The Centennial, at the corner of Euclid Avenue and East Ninth Street would be home to more than 860 apartments. Plans also include some retail and office space.
“This is the missing tooth in the center of the mouth of the smile on Euclid Avenue,” said Tom Mignogna, a senior development officer for Millennia Companies, which is leading the redevelopment. ....

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Downtown Cleveland capitalizing on the foundation built over the past decade

This content was paid for by an advertiser and created in collaboration with Crain s Custom Content.
April 11, 2021 04:00 AM
Downtown Cleveland capitalizing on the foundation built over the past decade
DOWNTOWN CLEVELAND ALLIANCE
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Downtown Cleveland already is abuzz with activity. With a strong foundation built over the last decade, downtown’s 20,000 residents and 106,000 workers are highly anticipating the return of large-scale events.
Following a long and challenging 12 months, change and hope are in the air. People are eager to visit their favorite restaurants, reunite with colleagues in the office and experience events in the city. With a strong foundation built over the last decade that has continued to attract people, jobs and investment throughout this year, Downtown Cleveland is ready to meet this moment. ....

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Cleveland apartment owners see brighter days ahead

Cleveland apartment owners see brighter days ahead
Michelle Jarboe
The Lumen high-rise, which opened last year, is just one of two central downtown apartment buildings that are tall enough to alter the city s skyline. Most apartments downtown have been created by converting existing buildings to residential use.
Although downtown Cleveland apartment vacancy has hit 19%, according to online data source CoStar, Michael Sabracos, U.S. CEO of the Istanbul-based AltoPartners realty firm, is more optimistic than last year.
Last month AltoPartners opened Euclid Grand, a $90 million conversion of the former John Hartness Brown complex at 1101 Euclid Ave., to 200 apartments from long-vacant office space. He won t say how many suites are leased, but he s bullish on the market and Cleveland. ....

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