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The new dorm will be located adjacent the CIA, on the lot that used to hold the former Cleveland Food Co-Op — just steps away from the classrooms and studios. “They are providing the ground lease to New Brook, and we have the option to purchase the building after six months.” The new building will not house yesteryear's dorms, Nunes promises.
“It’s a misnomer to call them dorms,” he says, pointing out that there will be hardwood floors throughout and the kitchens will have granite countertops. I’d call them luxury apartments.” New Brook, which has a great deal of experience in building university residences, worked with architecture firm Vocon in the design. The fitness center and a large function room will face Euclid Avenue with plenty of windows, adding to the activity in Uptown.
“We don’t want to turn our back on Euclid Avenue,” says Nunes.
The three new tenants bring Pinecrest retail space well over the halfway mark to fully leased, says Mc Manus.
“We have 400,000 square feet of retail space, and we’re just crossing the two-thirds line,” he says.
In the 1950s, 60s and 70s, downtown Cleveland’s department stores competed to be known as the utmost authority on women’s fashion trends — holding regular luncheon fashion shows in their auditoriums to exhibit their collections and attract shoppers.