Friday, May 12, 2023

The Standard hits the market

Rising to 21 floors, The Standard is one of downtown Cleveland’s many success
stories that resulted from converting  a commercial building to primarily resi-
dential uses. It’s now on the market and may help its current owner, the Weston
Group, free up some capital to move forward with other real estate deals (IPA).
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Not all high-rise office and other commercial buildings in downtown Cleveland convert well to residential uses. And then there’s the historic Standard Building, 99 W. St. Clair Ave., which seemed a natural to become home to hundreds of people in the heart of the city. And now the timing is right for the company which bought and redeveloped The Standard to offer it for sale.

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