Thunderbirda New Mixed-Use Neighborhood in Cleveland Sites Available for Sale Or Lease
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THUNDERBIRDA NEW MIXED-USE NEIGHBORHOOD IN CLEVELAND SITES AVAILABLE FOR SALE OR LEASE CONTACT EXCLUSIVE AGENTS: JOSEPH KHOURI KEVIN MOSS First Vice President Associate +1 216 658 6120 +1 216 363 6453 [email protected] [email protected] THE SCRANTON PENINSULA Proximity matters. Thunderbird is uniquely positioned within a half mile of Public Square and a very short walk to Ohio City and Tremont. DOWNTOWN DOWNTOWN THE FLATS OHIO CITY DOWNTOWN TREMONT OHIO CITY THE FLATS OLD RIVER ROAD THE SCRANTON PENINSULA Sites available for sale or build to suit. TOTAL AREA SF: 594,646 | Acres: 13.65 CARTER ROAD C LOT A AREA SF: 324,178 | Acres: 7.44 COLUMBUS ROAD B LOT B AREA SCRANTON ROAD SF: 181,568 | Acres: 4.17 A LOT C AREA SF: 88,900 | Acres: 2.04 CARTER ROAD CARNEGIE AVENUE * CONCEPTUAL DESIGN & RENDERING THE SCRANTON PENINSULA Thunderbird will establish a new dynamic neighborhood in the heart of a reemerging American City. AN ASPIRATION A Vision of Cleveland’s Future to the continuously expanding park system Located in the center of Cleveland and void including direct adjacency with the new 17- of any existing buildings, the blank canvas acre park at Irish Town Bend and the existing of the Scranton Peninsula’s eastern side is park on the southern side of the Peninsula, envisioned as a small, compact and walkable creating an active and living waterfront community, designed with both the honest experience on the south bank of the Flats. and self-evident character embedded in the city as well as a thoughtful overlay of A LIVING ROOM placemaking that looks beyond Cleveland Intimate and Human-Scaled Development today and towards a bright future. Conscious of the large site and surrounding infrastructure, the district is composed of a A CROSSROADS series of well-designed small spaces, cozy From Downtown to Neighborhoods walkable streets, and short building blocks With well-established and burgeoning with compatible but diverse architecture. neighborhoods of Ohio City, Tremont and Downtown all within a half mile of the district, A CONTEXT the district will be developed to support these With a Focus on Views, Adjacencies and a River neighborhoods, creating a waterfront link Home to some of the most spectacular that binds them and establishes a continuous views of Cleveland, the district is designed network of places to live, create, mix and to orient viewers to the landmarks on the work. horizon through framed spaces and a A WATERFRONT gradient of building heights that respond to An Amenity to the Neighborhood and the site’s topographic changes. Thunderbird Community is conceived of a predominately mid-rise The district is designed with a continuous development (5-7 stories) with the potential public waterfront, culminating in a world class for strategically placed higher rise buildings park on the southern edge that will connect (8+ stories). All designed around view corridors and pedestrian experience. THE VISION Riverfront Development Opportunity View from the Cuyahoga looking toward the Eastern Edge of the District * CONCEPTUAL DESIGN & RENDERING THE SCRANTON PENINSULA Thunderbird is one of the most uniquely positioned properties in Cleveland. The site is located on the Scranton Peninsula, along the Cuyahoga River in the Flats, facing downtown Cleveland and surrounded by and connected to Ohio City and Tremont neighborhoods. • UTILITIES: Water/sewer provided to • VIEWS: Panoramic views of Carter Road. Cleveland skyline. • ZONING: Semi-industrial (allows • NEIGHBORHOOD: West 25th for multi-family or retail). City support Street, West Side Market, Hoopples, to rezone or provide variances as Cleveland Rowing Foundation (less needed. than 5 min walk). • STREETS: Simple, private drives • DESIGN: Walkable and dense, envisioned to create a small-block, with an eye toward sharp, but urban neighborhood. straightforward design. Master planned • LOCATION: Less than a half mile and coordinated, but flexible and (10 min walk) from Ohio City, Tremont realistic. and Public Square. • BREWERY: Great Lakes Brewery will • TRAILS AND PARKS: Surrounded be joining the neighborhood with a by trails and parks: Towpath, new, state-of-the-art facility that will be Centennial Link, Red Line Greenway, designed at neighborhood scale with Merwin’s Wharf, Irishtown Bend Park a bar/restaurant, and a pedestrian- (planned), Thunderbird Riverfront Park oriented design. and Trail* (proposed). * Thunderbird Park is in the very • RIVERFRONT: Over 1400’ of river nascent stages of planning, is frontage. forward looking and uncertain if it will be realized. DEMOGRAPHICS OPTIMAL HIGHWAY ACCESSIBILITY: 1 mile 3 miles 5 miles I-90W: 5 mins. 2017 Population 14,270 96,917 261,641 I-90E: 10 mins. 2017 Daytime Population 67, 843 187,208 423,146 I-71S: 5 mins. 2017 Average HH Income $74,280 $41,756 $42,952 I-77S: 7 mins. 2022 Average HH Income $92,622 $49,194 $49,451 I-490W: 5 mins. I-490E: 7 mins. TRAFFIC COUNTS Scranton/Carter RD (ODOT 2016): 4,257 per day Lorain/Carnegie BDG (ODOT 2013): 14,040 per day THE VISION Pedestrian Oriented View within the Pedestrian Passage looking North * CONCEPTUAL DESIGN & RENDERING A VIBRANT, TRANSFORMING CITY Cleveland is a rich city filled with world class destinations. Cleveland Clinic 18 Million A TOP 5 ANNUAL VISITORS HEALTH SYSTEM Walkable Cleveland Sports Downtown 3 PRO TEAMS AND APPEARANCES IN Cleveland BOTH THE NBA FINALS AND MLB A TOP CITY IN THE COUNTRY FOR WORLD SERIES IN THE LAST YEAR VISITORS WHO WANT TO GO CAR-FREE Playhouse Cleveland Square Museum of Art A TOP 5 A TOP 5 THEATER DISTRICT ART MUSEUM Flats East Ohio City Bank HOME TO THE LOCALLY OVER $500 MILLION OWNED INVESTED IN THE LAST WEST SIDE MARKET TEN YEARS A VIBRANT, TRANSFORMING CITY Major Sports Number Hotel Lake Erie Teams of Rooms Lake Erie Flats East Bank Voinovich Bicentennial Park Aloft 150 DOWN- Proposed Lakefront Development Comfort Inn 145 DoubleTree 379 RESTAURANTTOWN & Drury Plaza 189 HOSPITALITYCLEVE OVERVIEW- Hampton Inn 194 North Coast Harbor Hilton 600 LAND Hilton Garden Inn 240 Holiday Inn Express & Suites 141 Hyatt Regency 293 Port of Cleveland Kimpton Schofield 122 Marriott at Key Center 175 Opening Soon: Metropolitan at the 9 156 Radisson at Gateway 142 FIRST ENERGY Renaissance 491 STADIUM Burke LakefrontResidence Airport Inn 175 Warehouse District Ritz-Carlton 205 Proposed The Westin 484 Pedestrian 2 Bridge University Hotel 161 Wyndham at Playhouse Square 205 Total Hotel Rooms 4,647 Downtown Cleveland Cuyahoga River EY Tower Flats East County Bank Courthouse Cleveland City Hall STARBUCKS Lakeside Ave Lakeside Ave W 10 Cleveland Public East 4th Auditorium th St 2 Warehouse District Cleveland Convention STARBUCKS Global Center St Center for th St Galleria at Ontario St St Health th Erieview th Flats West Innovation E 9 W 9 St W 6 Bank th Center St Greater W St Clair Ave St Clair Ave Cleveland Aquarium E 12 St ST rd th Cleveland St Jacobs th Ginza E 6 Pavilion Weston- W 3 One Center Sushi House Citymark Key Tower E 18 Superblock Cleveland Public Public Square Library W Superior Ave Superior Ave Superior Ave Campus 200 Public Fifth Third District W Superior Ave St Square Center th 6 The St E 12 Federal Arcade th OHIO CITY Courthouse Tower Theatre District City The E 13 Beacon Center Euclid Ave St W Huron Rd st Payne Ave Chester Ave E 21 th 24 E East 4 St STARBUCKS Colonial th Marketplace St 322 Carter Rd Playhouse Cuyahoga River Square Chester Ave Cuyahoga River Helen St Theatre th nuCLEus 150 seats Ohio Columbus Rd Westfield Theatre State Development Insurance Outcalt 1,000 seats Theatre E 17 Theatre Theatre 3,200 seats 300 seats Allen 334 seats Euclid Ave Theatre Connor Gateway 500 seats Palace Huron Rd Huron Rd Kennedy's 2,800 seats District Theatre Carter Rd 100 seats Prospect Ave To I-90 E 9 th St Hanna CLEVELAND STATE UNIVERSITY Theatre QUICKEN Bolivar Rd 550 seats 17,730 Students Public Square Ontario St LOANS ARENA THUNDERBIRD 20 TURN BAY + KITCHEN Scranton Rd St St th th To I-90/I-71/I-77 To E 18 E 14 PROGRESSIVE INTERSTATE FIELD 90 To I-90 Wolstein Center Carnegie Ave RESIDENTIAL Carnegie Ave Prospect Ave OHIO CITY 0 mi .17mi © 2018 CBRE, Inc. 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A VIBRANT, TRANSFORMING CITY OHIO RESTAURANT & OHIOCITY CITY HOSPITALITY OVERVIEW 1 Mile from Downtown 1 mile from Downtown + 10,000 Residents ± 10,000 Residents Approximately 1,500 new Approximatelyapartments planned 1,500 new apartments planned 250 local businesses 250 local businesses 4,000 employees DETROIT AVENUE 4,000 employees Major Employer: Major Employer: Lutheran Hospital New Residental Lutheran (ClevelandHospital (ClevelandClinic) Clinic) Retail Vacancy Rate: Decreased from Retail35% Vacancy to 2% in theRate: last Decreased four years. WEST 25 from 35% to 2% in the last four 16% growth among ages 18-34 & 42% years TH growth among ages 60-64 STREET 216%nd largest growth transit among hub agesin Cuyahoga 18-34 & 42% growthCounty among ages 60-64 LORAIN AVENUE Light Rail connector to Downtown & Airport tremont 2nd largest transit hub in WestCuyahoga Side Market County attracts 1.8 million visitors annually with over 10,000 Light Railvisitors connector every Saturday. to Downtown & Airport Home to Saint Ignatius High School, oneWest of Sidethe nation’s Market premiere attracts parochial1.8 high schools with over 1,400 students.