Next apartment project at Detroit & Lake planned

At the angular intersection of Lake (foreground) and Detroit avenues, where the person is walking, is where an eight-unit apartment building with ground-floor retail is proposed to rise. It is planned to help restore Detroit’s street presence in this neighborhood (Google). CLICK IMAGES TO ENLARGE THEM.

Across West 74th from larger Watterson-Lake development

The next new apartment building at the intersection of Detroit and Lake avenues in Cleveland’s Detroit-Shoreway neighborhood is already in the works. But it’s planned to be quite a bit smaller than its to-be neighbor across West 75th Street.

At the end of last month, City Planning Commission gave thumbs-up to Pittsburgh’s Bridging The Gap LLC’s plans to build the 136-unit Watterson-Lake Apartments south of Detroit, between West 74th and 75th streets.

What Clevelander Adam Hayoun has in mind for his project at 7511 Detroit is quite a bit smaller, but still mixed-use. Eleven months ago, he acquired the 0.136-acre lot for $66,900 through an affiliate 7511 Detroit LLC, according to county property records.

There he plans to construct a two-story, eight-unit apartment building over a ground-floor retail space fronting Detroit. The 1,396-square-foot retail space doesn’t have a tenant yet, if anything because Hayoun said he’s still doing some market and community outreach while engaging with the neighborhood.

“I see 7511 Detroit as an emerging area and a promising opportunity to expand my portfolio,” Hayoun said in an e-mail to NEOtrans. “I’m drawn to the area’s vibrant culture and its central location, offering easy access to both Ohio City and downtown on one side, and Edgewater Park and the beach on the other.”

The proposed new mixed-use apartment-retail building planned at 7511 Detroit Ave. is part of an area that could see even more development in the coming years as several properties nearby are on the market (Heart Design Group).

No construction cost amount was listed for the proposed mixed-use building which would measure 7,750 square feet total. The project is currently under a zoning review by the Building Department and its design will likely have to be approved by the Landmarks Commission as it located in the Gordon Square Local Landmark District.

According to plans he submitted to the city’s Building Department for reviews in February, he proposes to build at 7511 Detroit Ave. three first-floor apartments spanning the width of the building. They will range in size from 597 to 720 square feet.

On the second floor, will be five more apartments with layouts measuring from 498 square feet to 699 square feet. Except for the smallest unit that will be a studio, all others will be one-bedroom apartments. Every apartment will have a private bath, kitchen and in-suite washers/driers, plans show.

Although market-rate, the apartments are designed small to keep them more affordable to renters on a budget, Hayoun said. He is not seeking Low-Income Housing Tax Credits unlike Watterson-Lake across the street.

That project will also have commercial spaces facing Detroit. One will be a leasing office for Fass Real Estate Services and two new restaurants — Indigo Cafe Powered by Unbar, and Coyocan Taqueira & Brew.

Conceptual plans for the new apartment building at Detroit and Lake avenues in this view show the front facing Detroit, at top, and the west side elevation. The east elevation is similar (Heart Design Group).

Hayoun is the owner and founder of Insight Holdings Cleveland. Most of his investments and developments are on the city’s West Side into Lakewood. Among his earliest projects were the renovations of two historic Ohio City residences — The Eleanor (aka Belden-Seymour House), 3805 Franklin Blvd., and The Master House, 3811 Franklin.

Also in Ohio City, he is now completing a renovation at 3250 Lorain Ave., which will complement a previous project at 3246 Lorain. The two buildings will be combined to feature additional apartments, while the storefront space will be expanded to accommodate Hayoun’s office, which is currently located at 3246 Lorain and will soon occupy both 3246 and 3250 Lorain.

“In addition, I have a few other projects in the pipeline, including townhomes on Lake Avenue (at West 80th Street), 7511 Detroit, and a townhome development in Ohio City, which I plan to focus on before moving forward with 4005 Detroit,” Hayoun said.

The latter project, 4005 Detroit, would be his most ambitious — a five-story apartment building. Six years ago, he envisioned it as a seven-story building, but nearby residents complained about the height. He bought the 0.26-acre property in 2016 for $155,000. It is located at a bend in Detroit, next to Progressive Urban Real Estate’s offices.

“As for 4005 Detroit, the project is currently on hold,” Hayoun explained. “But I am still looking into developing it into an apartment building at some point.”

END

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