With more than $3 billion invested in Cleveland's Downtown Core since 2010, this city is positioned for growth. The Group Plan Commission's impact, combined with stunning development projects are redefining the heart of Cleveland, and turning Cleveland into a destination city.
Future generations will come to know a city that has undergone a wave of transformational development projects like those outlined below.
Developed by Stark Enterprises, nuCLEus promises to serve as a catalyst for development and prosperity in the Downtown Cleveland core, with 230,000 SF of office space, 125,000 SF of ground level retail and restaurants, approximately 500 residential units, 2,100 structured parking spaces, intersecting laneways and a luxury hotel. The two million square-foot mixed-use project will be constructed in the heart of the city at the intersection of East Fourth, Prospect Avenue and Huron Road.
K & D Real Estate purchased the Terminal Tower in the Summer of 2016. The 52-floor office and retail complex was built in 1930. K & D has announced plans to renovate numerous floors, to offer residential units. K&D Real Estate Services was created to respond to the demands of K&D’s growing commercial portfolio of over one million square feet in Cleveland’s Central Business District.
Millenia Properties, a local company, purchased the 57-story, 1.3 million square feet office building in January of 2017. A $24 million renovation plan in underway. The Millennia Companies is a vertically integrated real estate company headquartered in Cleveland Ohio.
Westin Cleveland Downtown has recently been transformed after a more than $20 million renovation project. The 484-room hotel features luxurious guest rooms, a business center, and a state-of-the-art fitness center. The hotel also offers 20,000 square feet of meeting and event space, and a 9,000 square foot Grand Ballroom.
Cleveland's skyline was transformed by the construction of Hilton Cleveland Downtown. The hotel features contemporary rooms, 50,000 square feet of meeting space, and an indoor pool and fitness center.
Luxury suites, first class living spaces, and on-site restaurants, bars, and a theater. The renovation of The 9 brings entertainment and living together in the heart of Cleveland.
Quicken Loans Arena is home to the NBA Cavaliers, the AHL Cleveland Monsters, the AFL Cleveland Gladiators and host to numerous other concerts and entertainment events. Since 2005, The Q, has undergone more than $40 million in renovations and upgrades.
The Huntington Convention Center opened in December of 2013. The state of the art complex features 225,000 sq. ft. of exhibit space, 140,000 sq. ft. of meeting and event space, 30 breakout rooms and a 32,000 sq. ft. Grand Ballroom.
The Global Center for Health Innovation was built in Cleveland to serve as the focal point for healthcare innovation, conventions, trade shows, and industry-specific meetings, and is home to internationally-recognized brands such as GE Healthcare, Siemens, Philips Healthcare, Cisco Systems, Cardinal Health, and the Healthcare Information and Management Systems Society (HIMSS) along with University Hospitals.
The building at 200 Public Square has undergone signage and landscape renovations, and a bike station was constructed. New tenants include New York Life, Ruth's Chris Steakhouse, Fox Sports Ohio, Bloom's Bakery, and Cleveland Clinic Express Care.
75 Public Square stands next to the Old Stone Church. The building was purchase by Millenia Housing which is planning a housing conversion.
The Standard building will feature 287 apartments in a mixed use development project. The building sits at the corner of Ontario Street and St. Clair Avenue.