Friday, May 3, 2019

University Circle's trio of 11-story developments

Infinium is a 327,000-square-foot development proposed to be
built by The Finch Group on the old Cleveland East site of the
Centers for Dialysis Care, 11717 Euclid Ave. (RDL).
CLICK IMAGES TO ENLARGE
Three developments featuring 11-story residential buildings are planned to rise in the coming months in Cleveland's University Circle.

The Finch Group is proposing to build a mixed-use project called Infinium on the soon-to-be-vacated site of the Cleveland-East facility for the Centers for Dialysis Care (CDC), 11717 Euclid Ave., according to two sources.

Infinium could rise 11 stories, with the top floor being the second level of a two-story penthouse offering westward views toward downtown Cleveland. The apartment building is proposed to include 133 mixed-income units, many with corner balconies, above a glassy, two-story retail and restaurant atrium facing out toward Euclid Avenue. The mixed-income units suggests that Opportunity Zone equity will be tapped. An outdoor swimming pool is planned on the roof of the retail atrium, according to a project description by RDL Architects.

Along East 117th and 118th streets, 32 townhouses are proposed, concealing an interior parking garage. All told, 165 residences are planned in the tower and among the townhouses. Total square footage of the Uptown-area development is estimated at 327,000 square feet.

Two-acre sites are difficult to come by in densely developed
University Circle. So when the relocation of the Centers for
Dialysis Care became likely, University Circle Inc. sought to
have the vacated site redeveloped with uses that could further
support economic development in the Uptown area (Google).
To make way for the development, CDC is moving its Cleveland-East location into a new, two-story, 48,000-square-foot, $15.5 million facility at the corner of Carnegie Avenue and Stokes Boulevard. It is one of 18 such CDC locations in Greater Cleveland. Construction of the new CDC facility is done, allowing for demolition of the old site.

The old CDC property, totaling 1.9 acres, was acquired by University Circle Inc. (UCI) in 2017 for $3.075 million, according to Cuyahoga County records. A UCI source said the community development corporation anticipates retaining ownership of the property for the foreseeable future. Finch will develop the UCI-owned property.

The same source also said that this project doesn't preclude another development planned by the Finch Group -- Park Lane Condominiums, 10570 Park Lane. Here, Finch plans a skinny condo building with only 18 condos in an 11-story building that carries an estimated price tag of $20 million.

Finch Group's proposed 11-story Park Lane Condominiums,
as seen from the new Nord Family Greenway (Finch).
The tiny site is next to Park Lane Villa, an historic residential hotel Finch renovated as luxury apartments more than a decade ago. Park Lane forms the south side of the $20 million Nord Family Greenway that was completed in 2018.

Finch's Park Lane Condominiums would provide for-sale units on top of a parking garage entrance, between the villa and the 11-story Judson Manor, just north of the massive Circle Square development that's getting under way.

Library Lofts apartments is the second phase of the four-block
Circle Square development. Renovation of the Fenway Manor
apartments at right is first phase. Both are the first steps in the
overall $300 million Circle Square development (MDP).
Orlean Co.'s $16 million renovation of the 13-story, 144-unit Fenway Manor apartments represents the first phase of the Circle Square development. But an 11-story apartment building called Library Lofts would be the first new-construction element of the four-block plan first announced in 2015 by lead developer Midwest Development Partners.

The many new-construction elements of the Circle Square development require significant public sector coordination and sequencing. That includes acquiring and demolishing the old Third District Police Station on Chester Avenue as well as accommodating the relocation of the city's MLK Branch Library into a new home in the development. The old library will be demolished and the site developed with new uses, per the Circle Square vision.

A new Cleveland MLK Branch Library is proposed to be on
the ground floor of the planned Library Lofts, commanding
a street presence on busy Euclid Avenue (SO-IL+Kurtz).
Although it will be built above and next to the new library, the proposed Library Lofts apartment building is being reviewed by the City Planning Commission as a separate project. If approved in the coming weeks, final design will commence soon thereafter and construction could start by year's end.

The Circle Square development, originally called University Circle City Center (dubbed UC3), offers to create a new downtown for Ohio's fourth-largest employment district. Its planned mid-rise buildings, ground-floor retail and civic uses such as the new library are planned to complement the 2018-built, 20-story One University Circle apartment tower and Cleveland Clinic's 1984-built, 16-story W.O. Walker Center -- both across Euclid Avenue from Circle Square.

By the way, readers may ask: Why are 11-story buildings so common in Cleveland? Because in many areas of the city 115 feet (or 11 stories) is the maximum height that a building can be built without having to request a variance from the city's Board of Zoning Appeals. Hopefully, three more 11-story buildings will rise soon in University Circle.

END

1 comment:

  1. Thanks for the informative articles. As for University Circle, I've been wondering for a while how much these new apartment buildings are hurting Cleveland Heights. With so many rental properties in UC, I have to think far fewer residents and grad students are venturing up the hill to live.

    ReplyDelete