Wednesday, June 18, 2025

University Circle site offered for mid-rise apartments

This AI-generated rendering shows a potential 11-story residential development for
Cleveland’s University Circle at Cedar Avenue and East 107th Street. The property,
zoned for a 60-foot building height, is surrounded on three sides by zoning allow-
ing for taller buildings (Cresco). CLICK IMAGES TO ENLARGE THEM.

A small piece of land in University Circle with big possibilities is being offered for sale or redevelopment in partnership with the current owner, Rico Pietro, a well-known local real estate broker. But no construction is imminent as the current user, a contract ambulance service for Cleveland Clinic, is only halfway through a 10-year lease on the site.

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