Wednesday, June 14, 2023

Erieview Tower redo faces setbacks

Redevelopment of the Erieview Tower in downtown Cleveland appears headed
back to the drawing board after two large, proposed tenants have reportedly
backed out of the project. This follows the recent and impending depar-
tures of two major law firms from the property as well (Google).
CLICK IMAGES TO ENLARGE THEM

Despite winning $23 million in tax credits to enable a $100 million historic and transformational redevelopment of the Tower at Erieview, two major proposed tenants are reportedly backing out of the project. Conversion of the 1964-built, 40-story office tower and its Galleria mall, 1301 E. 9th St., with more mixed uses could be facing an uphill climb with the apparent withdrawal of a luxury W Hotel and co-working chain Industrious.

READ MORE

No comments:

Post a Comment