Tuesday, December 13, 2022

Odeon, 3 other Flats parcels sold to developer

The Odeon concert club and three other parcels on Old River Road on Cleve-
land’s Flats East Bank were sold to local real estate development financier
GBX Group. The same company is part of ambitious plans for several
neighboring buildings which belonged to the Samsel Supply Co. (KJP).

The Odeon concert club, 1295 Old River Rd., was among four contiguous parcels on Cleveland’s Flats East Bank sold last week to Cleveland-based GBX Group, a real estate development financier which specializes in structuring financing for historic rehabilitation projects. However, when contacted by NEOtrans, a GBX representative said their plans for the site would not be officially announced for at least two months.


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