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
Phase one of the project will feature a new 18 story, 500,000
square foot office tower, the first new construction office tower
in Downtown in over 15 years. The building will be the new home for
Ernst & Young and Tucker Ellis & West LLP. In addition to
the new Class-A office space, the Flats East Bank will include
Cleveland's first aLoft Hotel, featuring 150 rooms, 3,000 square
feet of meeting space and a gym.
After the completion of phase one, visitors and nearby downtown
residents will be able enjoy a new 14-acre public park with open
recreational fields and a 1,200-foot riverfront boardwalk. Creating
public space for employees, residents and visitors to enjoy has
always been a major element of the Flats East Bank development, and
in phase one the park and open spaces will be even larger for
everyone to enjoy.
As the development continues to grow, it will expand to
residential opportunities, including condos, apartments and
townhomes--all with exceptional views of the downtown skyline, Lake
Erie and the Cuyahoga River.