Cleveland New Construction & Proposed Multifamily Projects 4Q20
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Cleveland New Construction & Proposed Multifamily Projects 4Q20 ID PROPERTY UNITS 56 720 Euclid Avenue 310 1 Euclid Grand 239 57 Warehouse District 352 2 Tinnerman Lofts 51 58 Warehouse District Parcel B 380 3 The Quarter Phase II 80 59 Warehouse District Parcel C 370 5 Church + State 158 60 The Shoreline Phase II 214 6 The Avenue District Phase II 50 61 11th and Fairfield 72 Total Lease Up 578 62 The Lincoln 82 63 2300 Fulton Road 56 64 Nautica Waterfront District 664 10 The Ascent at Top of the Hill 261 65 The Viaduct 170 11 INTRO 298 66 Waterford Bluffs 241 60 35 12 75 Public Square 114 34 67 Chester 75 100 13 Electric Gardens 132 68 Clinic View Site 100 14 The Dexter 115 69 East 90th Street 392 15 The Tappan 95 70 Woodhill Center East 77 16 1609 Hazel 236 71 Woodhill Station West 120 Total Under Construction 1,251 72 Battery Park 258 54 16 73 2235 Overlook 58 20 The Centennial 480 24 75 East 105th Street and Cedar Avenue 80 68 21 Flats at East Bank Phase II 325 25 6 97 Bridgeworks 167 22 28 67 39 22 HarborView 750 36 69 98 Metro North 100 57 40 73 23 Kenect Cleveland 325 23 12 20 Total Prospective 4,363 1 55 24 North Coast Harbor 250 58 59 10 21 56 75 25 North Coast Harbor Phase III 350 27 65 64 26 26 NuCLEus 250 27 The Rockefeller Building 436 3 97 29 5 28 Tower at Erieview Remodel 220 33 66 70 29 The Peninsula 330 72 14 31 32 30 3908 Lorain Avenue 60 38 11 13 71 31 Kent West End 58 61 30 2 32 One West Twenty 241 62 33 West 58th Street & Breakwater Avenue 323 63 15 34 5700 South Marginal Road 140 35 ArkiTainer on 72nd 64 36 East 55th & Euclid Avenue 100 38 West 73rd Street 75 39 The Circle Square 600 40 Library Lofts 207 98 54 Hough Paradigm 96 55 Warner & Swasey Redevelopment 140 Total Planned 5,820 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Cleveland New Construction & Proposed Multifamily Projects 4Q20 ID PROPERTY UNITS 4 Redwood Hudson Phase II 89 7 Arbor Glen Phase II 53 91 8 Redwood Kent Phase II 70 50 9 Center North 182 90 Total Lease Up 394 85 17 The 159 107 45 18 Stoney Pointe Commons Phase II 50 46 19 Ashton Place Townhomes Phase III 50 83 44 Total Under Construction 207 9 47 82 74 43 84 37 The Bluffs of Seven Hills 350 77 41 Darrow Road 100 80 79 78 42 Berea 120 43 16000 Detroit Avenue 160 37 42 76 44 One Lakewood Place 212 45 The Longfellow 93 46 Belle Oaks at Richmond 362 41 47 University Square Redevelopment 200 7 48 Redwood Kent Phase III 50 81 49 Hudson Downtown 75 50 Lakeland Community College 80 88 51 The One Twenty 110 49 52 Sycamore Valley Golf Course 140 Townhomes 4 53 Redwood Lake Road 149 Total Planned 2,201 89 87 86 Copper Creek Phase II 80 52 87 Villages at Franklin Crossing 8 74 Cedar Lee Meadowbrook 175 Renovation 348 51 48 96 86 76 32811 Aurora Road 200 88 Boston Landings 92 53 93 92 77 Buxton Lofts 50 89 French Mill Phase II 50 95 17 78 Santee Landing 60 90 Som Center Road Townhouses 50 18 79 Silverpoint 100 91 Clover at Mentor 119 80 Villas at Bear Creek 50 92 60 North Avenue 100 19 81 Valor Acres 300 93 Residences at Good Park 82 82 Bunts Road & Detroit Avenue 275 94 1926 East Turkeyfoot Lake Road 387 94 83 Lake Avenue 100 95 Wintergreen Ledges 120 84 The View on Detroit East 113 96 Ridgewood Road & Sumner Pkwy 100 85 Seventh Avenue 91 Total Prospective 3,042 5 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Cleveland New Construction & Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 1 Euclid Grand 1101 Euclid Avenue Cleveland OH 44115 Lease-Up 239 Cleveland - Downtown 12/03/2018 02/28/2021 12/30/2020 2 Tinnerman Lofts 2048 Fulton Road Cleveland OH 44113 Lease-Up 51 Ohio City 04/30/2020 02/28/2021 11/01/2020 3 The Quarter Phase II 2550 Detroit Avenue Cleveland OH 44113 Lease-Up 80 Ohio City 11/30/2019 02/28/2021 08/31/2020 4 Redwood Hudson Phase II 1101 Redwood Blvd Hudson OH 44236 Lease-Up 89 Summit 11/21/2016 02/28/2021 03/19/2018 5 Church + State 2818 Church Avenue Cleveland OH 44113 Lease-Up 158 Ohio City 04/16/2019 01/31/2021 10/23/2020 6 The Avenue District Phase II 1211 St. Clair Avenue NE Cleveland OH 44114 Lease-Up 50 Cleveland - Downtown 01/31/2020 01/31/2021 08/31/2020 7 Arbor Glen Phase II 2639 Arbor Glen Drive Twinsburg OH 44087 Lease-Up 53 Twinsburg 03/31/2019 01/31/2021 09/06/2019 8 Redwood Kent Phase II 1202 Jasmine Drive Kent OH 44240 Lease-Up 70 Kent 04/30/2018 01/31/2021 03/04/2019 9 Center North 14600 Detroit Avenue Lakewood OH 44107 Lease-Up 182 Lakewood 04/30/2017 01/31/2021 11/01/2017 Total Lease-Up 972 10 The Ascent at Top of the Hill 12301 Cedar Road Cleveland Heights OH 44106 Under Construction 261 Cleveland Heights 05/31/2020 12/31/2022 11 INTRO West 25th Street & Lorain Avenue Cleveland OH 44113 Under Construction 298 Ohio City 10/31/2020 10/31/2022 12 75 Public Square 75 Public Square Cleveland OH 44113 Under Construction 114 Cleveland - Downtown 09/30/2020 09/30/2021 13 Electric Gardens 425 Literary Road Cleveland OH 44113 Under Construction 132 Broadway 06/30/2020 03/31/2021 14 The Dexter 1544 West 29th Street Cleveland OH 44113 Under Construction 115 Ohio City 07/31/2020 03/31/2021 15 The Tappan 1633 Auburn Avenue Cleveland OH 44113 Under Construction 95 Broadway 01/22/2020 02/28/2021 16 1609 Hazel 1609 Hazel Drive Cleveland OH 44106 Under Construction 236 Glenville 07/31/2019 02/28/2021 17 The 159 159 South Main Street Akron OH 44308 Under Construction 107 Akron - downtown 10/31/2019 01/31/2021 18 Stoney Pointe Commons Phase II 1791 Vernon Odom Blvd Akron OH 44320 Under Construction 50 Akron - West 01/30/2020 01/31/2021 19 Ashton Place Townhomes Phase III 173 Meadowcreek Drive Wadsworth OH 44281 Under Construction 50 Medina 11/30/2018 01/31/2021 Total Under Construction 1,458 20 The Centennial 925 Euclid Avenue Cleveland OH 44115 Planned 480 Cleveland - Downtown 21 Flats at East Bank Phase II 1055 Old River Road Cleveland OH 44113 Planned 325 Cleveland - Downtown 22 HarborView 101 Erieside Avenue Cleveland OH 44114 Planned 750 Cleveland - Downtown 23 Kenect Cleveland West 11th Street & Main Avenue Cleveland OH 44109 Planned 325 Cleveland - Downtown 24 North Coast Harbor 1050 East 9th Street Cleveland OH 44114 Planned 250 Cleveland - Downtown 25 North Coast Harbor Phase III 101 Erieside Avenue Cleveland OH 44114 Planned 350 Cleveland - Downtown 26 NuCLEus 610 Prospect Avenue East Cleveland OH 44115 Planned 250 Cleveland - Downtown 27 The Rockefeller Building 614 West Superior Avenue Cleveland OH 44113 Planned 436 Cleveland - Downtown 28 Tower at Erieview Remodel 1301 East 9th Street Cleveland OH 44114 Planned 220 Cleveland - Downtown 29 The Peninsula 1950 Carter Road Cleveland OH 44113 Planned 330 Broadway 30 3908 Lorain Avenue 3908 Lorain Avenue Cleveland OH 44113 Planned 60 Ohio City 31 Kent West End 227 Franklin Avenue Cleveland OH 44113 Planned 58 Ohio City 32 One West Twenty West 20th Street & Lorain Avenue Cleveland OH 44113 Planned 241 Ohio City 33 West 58th Street & Breakwater Avenue SWC West 58th Street & Breakwater Avenue Cleveland OH 44102 Planned 323 Ohio City 34 5700 South Marginal Road 5700 South Marginal Road Cleveland OH 44103 Planned 140 St. Claire - Superior Source: Yardi Matrix Yardi Source: Cleveland New Construction & Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 35 ArkiTainer on 72nd 887 East 72nd Street Cleveland OH 44113 Planned 64 St. Claire - Superior 36 East 55th & Euclid Avenue East 55th Street & Euclid Avenue Cleveland OH 44103 Planned 100 Fairfax 37 The Bluffs of Seven Hills Rockside Road & Turney Road Garfield Heights OH 44125 Planned 350 Garfield Heights 38 West 73rd Street 1351 West 73rd Street Cleveland OH 44102 Planned 75 Shoreway 39 The Circle Square SEC Chester Avenue & Stokes Blvd Cleveland OH 44106 Planned 600 Glenville 40 Library Lofts Euclid Avenue & Stokes Blvd Cleveland OH 44106 Planned 207 Cleveland Heights 41 Darrow Road 9422 Darrow Road Twinsburg OH 44087 Planned 100 Twinsburg 42 Berea Bryant Avenue & Sheldon Road Berea OH 44017 Planned 120 Brookpark 43 16000 Detroit Avenue 16000 Detroit Avenue Lakewood OH 44107 Planned 160 Lakewood 44 One Lakewood Place 14501 Detroit Avenue Lakewood OH 44107 Planned 212 Lakewood 45 The Longfellow 650 East 140th Street Cleveland OH 44110 Planned 93 North Collinwood 46 Belle Oaks at Richmond 621 Richmond Road Richmond Heights OH 44143 Planned 362 Richmond Heights 47 University Square Redevelopment Cedar Road & Warrensville Center Road South Euclid OH 44118 Planned 200 Richmond Heights 48 Redwood Kent Phase III 1202 Jasmine Drive Kent OH 44240 Planned 50 Kent 49 Hudson Downtown 27 East Main Street Hudson OH 44236 Planned 75 Summit 50 Lakeland Community College Clocktower Drive & Kirtland Road Kirtland OH 44094 Planned 80 Mentor 51 The One Twenty 120 South Hawkins Avenue Akron OH 44313 Planned 110 Akron - North 52 Sycamore Valley Golf Course Townhomes 1651 Akron Peninsula Road Akron OH 44313 Planned 140 Akron - North 53 Redwood Lake Road Lake Road & University Blvd Lafayette OH 44256 Planned 149 Medina 54 Hough Paradigm East 61st Street & Wade Park Avenue Cleveland OH 44103 Planned 96 Hough 55 Warner & Swasey Redevelopment 5701 Carnegie Avenue Cleveland OH 44103 Planned 140 Fairfax Total Planned 8,021 56 720 Euclid Avenue 720 Euclid Avenue Cleveland OH 44114 Prospective 310 Cleveland - Downtown 57 Warehouse District SEC West 6th Street & West St.