Flats East Bank
The east bank of the Cuyahoga River is on its way back, largely
due to the $275 million Flats East Bank Development. This large
project, which will be completed in phases, will completely
redevelop what was a deserted entertainment district into a
thriving mixed-use office, residential and entertainment
destination.
Phase one of the project opened in May 2013
and features a new 18-story, 500,000 square foot office tower,
the first new construction office tower in Downtown in more than15
years. The Ernst & Young Tower is the new home for Ernst &
Young, Tucker Ellis & West LLP, Northwestern Mutual, Gilbane
Building Co., Stern Advertising, and more. In addition to the new
class A office space, the Flats East Bank featires Cleveland's
first Aloft Hotel, which opened in June 2013 and features 150
rooms, 3,000 square feet of meeting space and a gym.
Phase two of the project focuses on retail and housing, and
several tenants were announced in early 2013. The most significant
piece of this phase is the new 140-unit apartment building at the
river's edge. Also planned are five restaurants, including Toby
Keith's I Love This Bar & Grill, Ken Stewart's, Lago, Flip Side
and Dos Tequilas. Toby Keith's I Love This Bar & Grill will be
a regional entertainment draw in what is considered one of the most
under-served country music markets in the nation.
As the development continues to grow, it will expand on retail,
residential and office opportunities-all with exceptional views of
the downtown skyline, Lake Erie and the Cuyahoga River.