Saturday, January 29, 2022

Playhouse Square to write Act II to The Lumen

Soaring nearly 400 feet above Euclid Avenue in downtown
Cleveland, The Lumen is the tallest residential building in
Ohio. The 318 apartments leased out in less than two years
despite the pandemic and civil unrest. Now stabilized, the
building will reportedly be sold so that Playhouse Square
Foundation can pursue an encore building (Ian Meadows).

Talk about bad timing. Building tours for potential tenants of The Lumen — the largest new residential development in downtown Cleveland in 40 years — began in early March 2020. Less than two weeks later, the nation had gone into a virtual economic shutdown in response to the COVID-19 pandemic. Two and a half months after that, protests and riots following the murder of George Floyd swept the nation and downtown Cleveland was not spared.


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