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Residential Development Highlights the Value of Living in Downtown Cleveland

August 25, 2020
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Convenience and community are the hallmarks of a strong downtown. As people adapt to a changing world, this is what they look for - a place where they can meet their daily needs within a 15-minute walk and feel that they are part of a clean, safe, and welcoming neighborhood.

Nearly 20,000 people are finding this in Downtown Cleveland, the region’s fastest-growing neighborhood. Between 2013 and 2018, the Downtown Cleveland population grew by 48%. In contrast, the fastest-growing suburb in Cuyahoga County grew by 3%. 

Recently completed and currently leasing development offers new living opportunities at diverse price points. The renovation of one of Cleveland’s most iconic landmarks, The May, and the ground up construction of The Lumen in Playhouse Square situates residents within walking distance of three grocery stores, countless restaurants and eateries, and a retail catalogue that is expanding with the completion of Historic Euclid Avenue.

Leasing for the 307-units at The May began in July, with the first wave of move-ins in August. While connecting residents to Cleveland’s rich history, the $140 million revamp of the century-old former May Company Department Store looks to the future with a rooftop deck and an open air atrium most notably fitting for remote workers, who can also take advantage of Public Square’s cultural aesthetics as their front yard. With a full gamut of essential services within arms length for residents, The May includes around the clock security, fitness facilities, bicycle storage and a pet grooming station.

On the other end of Euclid Avenue, The Lumen now towers over Playhouse Square at 34-stories tall. Downtown Cleveland’s newest residential tower was built on a surface parking lot, becoming the largest apartment building built in Downtown Cleveland in 40 years. The Lumen welcomed its first tenants in July and continues to draw top talent from other cities looking to call Downtown Cleveland home. Residents of The Lumen’s 318 units complex, live in close proximity to Heinen’s Grocery store and DGX, the urban-concept Dollar General store located in the NineTwelve District. 

The additions of both The Lumen and The May to Downtown Cleveland’s residential portfolio represent only a slice of the ongoing residential development attracting top talent to our center city neighborhood. These developments join recently completed projects like The Beacon, The Athlon, Terminal Tower Residences, and The Statler in filling out Downtown Cleveland’s premier retail corridor, Historic Euclid Avenue. With over 500 more housing units currently under construction at the Euclid Grand, E. 12th + Ave, 2125 Superior Apartments, 75 Public Square, and plans approved for the City Club Apartments, prospective residents have a robust menu of housing options to choose from.

“The last few months have highlighted the value of living in a clean, safe and welcoming neighborhood that allows residents to meet their daily needs and access outdoor recreation within an easy 15 minute walk,” said Michael Deemer, Downtown Cleveland Alliance’s executive vice president for business development. 

Especially in times such as these, residents place high value on Downtown Cleveland’s convenience, walkability and easy access to cultural gems like the Rock and Roll Hall of Fame, Great Lakes Science Center, Cleveland Aquarium and natural amenities like the Cuyahoga River, Towpath Trail and North Coast Harbor. Whether walking to a downtown office, working remotely for a Greater Cleveland employer, or reporting virtually into jobs located in high cost markets on the coasts, Downtown Cleveland offers residents affordable big city amenities, energy, and convenience.

Visit downtowncleveland.com/live to view resident testimonials, take virtual apartment tours, and learn more about living in Downtown Cleveland.

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