Monday, March 20, 2023

It’s official: Lakewood Center West sells

Lakewood Center West, seen at left next to its big brother Center North
Apartments in downtown Lakewood, was sold to a New York developer
who intends to redevelop it with residential over retail (Google).
CLICK IMAGES TO ENLARGE THEM

While Lakewood waits on the Downtown Lakewood development, a mostly residential development could come to this inner-ring suburb’s former office and current retail district even sooner. According to Lakewood city officials and Cuyahoga County records, a Brooklyn, NY-based developer has acquired the seven-story Lakewood Center West at the northeast corner of Detroit and St. Charles avenues for $2.4 million. The developer told NEOtrans that they envision 60-70 apartments on the upper floors and will retain the ground-floor and basement commercial tenants.

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