The Foundry Lofts is adding a second phase

Cleveland’s Carnegie contains a comeback

Carnegie Avenue in the 70s of Cleveland’s Midtown neighborhood was a mixed bag of speed, sin, steaks and seafood. And that applies to both the decade and the 10-block stretch of the East 70s along one of the busiest streets linking University Circle and Downtown. But today, the scene is changing quickly as the growth in jobs and residential development in those two hubs is spilling over to the place in between.

Phase 2 sought for Midtown apartment complex

Ken Prendergast / December 14, 2022

With the paint still drying on the first phase of a mixed-use development called The Foundry Lofts, 7240 Euclid Ave., Signet Real Estate Group is asking the city for approvals to begin construction on an apartments-only phase two. The reason for moving forward so quickly on expanding the Midtown Cleveland development is because both residential and commercial leasing activity for the first phase have been strong.

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