Though the $119 million Lakewood Common project celebrated its groundbreaking in late September, the former Lakewood Hospital site has remained dormant for more than a month. Finally, construction crews have begun to clear the site—a large, sunken plot known by locals as “The Pit”—to make way for a new mixed-use development.
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At long last, construction crews are on location today to begin site preparation for the $115 million Downtown Lakewood mixed-use development called Lakewood Common. It’s a sign of progress that’s been pursued by two mayors and two different developers since the city-owned Lakewood Hospital was closed by Cleveland Clinic in 2016.
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Details of a $90 million proposed development of the city-owned Lakewood Hospital site were announced today by Lakewood Mayor Meghan George. The plan and the terms of the city’s draft agreement with a development team led by Columbus-based CASTO Communities now go to City Council for its review and possible approval.
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