Thursday, September 30, 2021

University Circle inks property deal with developer

Brent Zimmerman, a real estate developer and co-founder of Saucy
Brew Works, signed a ground lease today with University Circle Inc.
that opens the door to a planned multi-story, mixed-use development
on Stokes Boulevard. This is an old rendering of the proposed deve-
lopment which Zimmerman pledged will be at least as dense as this
(Maison). CLICK IMAGES TO ENLARGE THEM 

On his second-to-last day as president of University Circle Inc. (UCI), Chris Ronayne signed a ground lease agreement with real estate developer Brent Zimmerman Development LLC for a proposed mixed-use development. The lease includes a triangular piece of land measuring about 2.2 acres and bounded by Stokes Boulevard, Cedar Avenue and East 107th Street. Terms of the deal weren’t disclosed.

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