conversion – NEOtrans

It’s official: Lakewood Center West sells

Ken Prendergast / March 20, 2023

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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Heating Up: 3 big downtown reno projects to start

Ken Prendergast / June 19, 2022

This summer, renovations to a trio of large, former office buildings in downtown Cleveland are due to get underway that will convert their combined 2+ million square feet into mixed uses that will add 1,671 housing units, Class A office and co-working spaces, plus unique restaurant, retail and residential amenities. Total investment is projected to be $687 million for all three projects — The Centennial, 45 Erieview and The Rockefeller Building.

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38-year-old building wins historic tax credit

4 Comments / Ken Prendergast / December 14, 2021

Champagne was flowing in the lobby of 45 Erieview as Ohio Department of Development officials announced the winner of the state’s largest historic tax credit — a 38-year-old office building to be converted mostly into high-end housing.

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