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  #41  
Old Posted Jul 9, 2015, 9:58 PM
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Build it!

Reminds me of Manhattans "Jenga" tower. Guess every city will get a Jenga style tower soon. I say JUST BUILD IT ALREADY!
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  #42  
Old Posted Jul 10, 2015, 4:18 PM
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Any update on this project? It's been silent for a while, just really hoping this is still moving forward. Would love to see Cleveland's skyline grow!
     
     
  #43  
Old Posted Jul 19, 2016, 7:08 PM
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Sorry to bump the thread, but it's been over a year since this thread was last updated and I was wondering if there has been any news on the project.
     
     
  #44  
Old Posted Jul 21, 2016, 3:57 PM
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Originally Posted by spidey7312 View Post
Sorry to bump the thread, but it's been over a year since this thread was last updated and I was wondering if there has been any news on the project.

this is from may:

Cleveland apartments rising at 'insane' rate

• nuCLEus, a mixed-use tower now planned for 48 stories instead of 51, proposed by Stark Enterprises of Cleveland and J-Dek Investments of Solon, will begin by year-end and is forecast for completion by 2018.

It includes 500 apartments and six floors of build-to-suit condos. Look for suites to hit the market in 2018.

http://www.crainscleveland.com/artic...at-insane-rate


^ stark wants to build an apt tower on top of the parking garage at 515 euclid too, so i dk if that is complicating things with this project, or if its more just a matter of financing and lining up occupants. no teardowns and no shovels in the ground yet though.
     
     
  #45  
Old Posted Jul 21, 2016, 4:27 PM
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  #46  
Old Posted Jul 21, 2016, 5:38 PM
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No, THIS Stark:
     
     
  #47  
Old Posted Jul 21, 2016, 6:20 PM
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haha yeah thats a joke around town. he is an ironman believer in the city though. lets hope he can raise some real iron downtown.
     
     
  #48  
Old Posted Jul 21, 2016, 6:39 PM
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haha yeah thats a joke around town. he is an ironman believer in the city though. lets hope he can raise some real iron downtown.
Not just iron, but
     
     
  #49  
Old Posted Jul 21, 2016, 10:44 PM
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Is a "suite" the local term for apartment? Or is that just the CPD term?

The article reminds me of another city where everything was a "loft" for a long time.
     
     
  #50  
Old Posted Jul 22, 2016, 7:35 PM
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Is a "suite" the local term for apartment? Or is that just the CPD term?

The article reminds me of another city where everything was a "loft" for a long time.
hmm, i have heard that term thrown around in the cleve before, maybe more so than other places and more so for business offices than residential. but generally no, the local term for an apartment is apartment. they are apartments even when they are in those gigantic divvied up craftsman era houses too, far as i know.
     
     
  #51  
Old Posted Jan 17, 2017, 3:29 AM
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• nuCLEus, a mixed-use tower now planned for 48 stories instead of 51, proposed by Stark Enterprises of Cleveland and J-Dek Investments of Solon, will begin by year-end and is forecast for completion by 2018.
Well, we now know that construction on this project did not begin by the end of the year (2016).

Anyone have a prognosis for this project in 2017? Is there hope, or will this one die on the vine?
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Last edited by Steely Dan; Jan 17, 2017 at 3:03 PM.
     
     
  #52  
Old Posted Jan 20, 2017, 7:31 PM
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^ well the only news i am aware of is the developer signed a brewpub lease for it in august:

http://www.crainscleveland.com/artic...ucleus-project


the best guess is 515 euclid will go up first as its by the same developer, but we don't know, that is just the common speculation.


     
     
  #53  
Old Posted Feb 6, 2017, 3:43 PM
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some recent kind of non-news news from crains about this -- at least they added a starbucks lease:



$250 million Stark nuCLEus project is stalled, but 'alive'

February 05, 2017 UPDATED 3 DAYS AGO



Photo by CONTRIBUTED RENDERING The design for the complex of retail, apartment, office and hotel properties on a parking lot at East 4th Street and Prospect Avenue is a spare, modernist structure with oodles of angles.

By STAN BULLARD


More than two years after Stark Enterprises and J-Dek Investments lofted plans for a 48-floor downtown Cleveland skyscraper, the site remains a sea of parking lots.

Ezra Stark, chief operating officer of the family-owned Cleveland real estate company, said in an interview that the nuCLEus project remains in the works, but he wouldn’t project when construction might start or when the mixed-use building might be completed.

Previously, the company had said work would start by the end of 2016 and the project would hit the market in 2018. Substantial delay can be attributed in part to the Republican National Convention in July 2016, which turned the nuCLEus site between Huron Road and Prospect Avenue near East 4th Street into a buzz of activity.

Aside from cars coming and going from the lot, though, nothing has stirred since.

The final, missing piece? Stark said the project is in negotiations with the city of Cleveland to put in place the public financing portion of the $250 million project.

“We’ve spent a lot of time negotiating with the city, schools and county. We’re awaiting a decision,” Stark said. “It’s not a simple tax abatement.”

However, he declined to specify what aid the developer wants that the public bodies have not delivered.

The city and county confirmed talks with Stark, but not much more than that.

Daniel Williams, spokesman for Cleveland Mayor Frank Jackson, issued an email saying, “The city continues to work with Stark Enterprises to address the complex issues associated with the nuCLEus project. Financing such a large project is complex and multi-layered, and these discussions are on-going.”

Meantime, Mary Louise Madigan, Cuyahoga County spokeswoman, said, “There are ongoing discussions about the project.” However, like Williams, she declined to provide any details on the discussions.

Madigan noted any incentive package the county grants nuCLEus would need to go through Cuyahoga County Council before it could proceed.

Cleveland city councilman Kerry McCormack, whose Ward 3 includes downtown, said negotiations between the developer and city administration have “gotten sensitive around the schools. Normally with tax increment financing plans, they don’t include funds from the schools (just the city). From what I understand, there are some solutions for the schools, and Stark wants to get creative how it does it.”

However, McCormack said it’s his understanding that the talks and the nuCLEus project “are absolutely alive. It’s a great project, and it’s important to get creative with it.”

Since Stark secured an approval from Cleveland City Planning Commission for preliminary design of the project in November 2014, some steps toward advancing the project with the city have been taken.

According to Cuyahoga County land records, the first step in putting a TIF in place was taken on Dec. 4, 2014, as the site was deeded to the city, which clears the way for legal work to allow a bond to be issued supported by future non-school tax receipts of the site. Legislation updating the zoning of the site to allow the scale and mix of office, retail and residential uses at nuCLEus was adopted Sept. 17, 2016, by Cleveland City Council.

Stark in 2016 recorded a lease for a HopCat brewpub, part of a Grand Rapids, Mich.-based chain, on the site.

A lease for a Starbucks at nuCLEus also was executed recently, according to Steve Altemare, a senior vice president at Lyndhurst-based Goodman Real Estate. In an email, Altemare said the lease is fully executed but does not include a specific delivery date for the shop.

Stark said the scope of nuCLEus is unchanged. It still includes a hotel, 150,000 square feet of national restaurant and retail space, 500 residential units in a mix of rentals and condos, 200,000 square feet of office space and a massive parking garage capable of serving 1,500 cars.

As time passes, the limbo that nuCLEus is in is beginning to become more dangerous. Interest rates are starting to rise from levels that make many real estate developments relatively easy to finance. Moreover, looming tax reform by the Republican-led Congress and White House may change the ground rules for future real estate development.

Although delay typically builds skepticism among realty pros, support for an expansive project with contemporary design — and nuCLEus certainly registers on both fronts — remains strong.

Chandler Converse, a CBRE managing director who heads its Cleveland office tenant rep practice, remains enthusiastic about nuCLEus.

“I fully understand how difficult it is to pull off big projects, and nothing is easy in Cleveland,” Converse said. “It’s a great challenge to balance construction costs, rental rates and financial markets. I hope they can pull it off.”


http://www.crainscleveland.com/artic...lled-but-alive
     
     
  #54  
Old Posted Feb 8, 2017, 6:14 PM
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suddenly, more nucleus news today.

the retail side of the building is falling into place, which is near the ballpark and basketball arena.



Cleveland Live! will anchor nuCLEus project retail; Shake Shack, HopCat, Starbucks Reserve sign on

By Michelle Jarboe, The Plain Dealer
Email the author | Follow on Twitter
on February 08, 2017 at 10:00 AM, updated February 08, 2017 at 11:32 AM


The Cordish Companies has committed to bringing its Live! sports-and-entertainment concept to the nuCLEus project in downtown Cleveland's Gateway District. The Baltimore-based developer has a similar project, called FOX Sports Midwest Live! at Ballpark Village in St. Louis, Missouri.


CLEVELAND, Ohio - A nearly 50,000-square-foot entertainment venue called Cleveland Live! will be a major anchor for the planned nuCLEus project in downtown's Gateway District.

Stark Enterprises has inked deals with a cluster of retail tenants new to this region, with Cleveland Live! taking a marquee space. The Cleveland-based developer also announced leases with Shake Shack, a burger joint opening its first Ohio location; Starbucks Reserve, an upscale coffee-bar concept making its Ohio debut; and HopCat, a large restaurant and craft beer bar.

News of the retail roster comes as Stark and its partner, J-Dek Investments Ltd. of Solon, are trying to knit together public and private funding for their ambitious project.

First proposed in late 2014, nuCLEus would be a $540 million endeavor marrying 400 residences - mostly rental, but condominiums also are a possibility - with lower-level retail, an office building, a 120-room hotel and a 2,100-space garage. The core of the development site is a parking lot that sits just north of Quicken Loans Arena, east of Tower City Center and steps from East Fourth Street.

New construction - particularly anything that's large-scale and heavy on structured parking - still is an extremely tough sell in Cleveland, where rental rates often don't support the cost of building something from scratch.

For two years, Stark has been talking to the city, Cuyahoga County and other public entities about a complicated, somewhat unusual web of financing, including ways to capture various tax revenues created by nuCLEus and redirect them toward repaying project debt and offsetting development expenses.

If the project gets off the ground this year, nuCLEus might open in 2019.

Developer Bob Stark, president and chief executive officer of Stark Enterprises, was characteristically bullish in a news release about the retailers.

"This is just the beginning," he said, "and already it's been thrilling to see the level of national commitment we're receiving from tenants that are eager to enter the Cleveland market at nuCLEus. This is the dawn of a new era for Cleveland, and it's this level of development in our central business district that will ignite even further growth and revitalization."

Cleveland Live! will occupy a substantial share of the 125,000 square feet of retail space at nuCLEus.

The brainchild of the Cordish Companies of Baltimore, the Live! idea blends sports and entertainment, bringing together big screens, food and beer with watch parties, concerts and other events. Cordish, which will build out Cleveland Live! at East Fourth Street and Huron Road across from The Q, has similar projects in Baltimore, Philadelphia and Kansas City.

"nuCLEus will be a dynamic development that will serve downtown Cleveland for decades to come, and we're thrilled for Cleveland Live! to be at the core of it," Blake Cordish, vice president of family-owned Cordish, said in a news release.

Shake Shack, born in 2004 in New York City, has locations in 16 states and a handful of international cities, including Dubai, London and Tokyo. The eatery will fill 3,000 square feet at nuCLEus. Starbucks Reserve also has committed to a 3,000-square-foot lease. HopCat, based in Michigan, will occupy 8,500 square feet.

The Benesch law firm, which does business with Stark, plans to move its downtown offices to nuCLEus from the nearby 200 Public Square building. Stark also plans to move its corporate headquarters, currently on West Third Street, into the project.


more:
http://realestate.cleveland.com/real...art_river_home


it may be something like cordish did here in louisville, perhaps?

     
     
  #55  
Old Posted Feb 14, 2017, 5:58 PM
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well, 515 euclid aka the 28 story beacon apt tower to be built above an existing parking garage, is on the agenda for the city for thursday --

its by the same developer and as the easier project to move on it may be a sort of test run for the more ambitious nucleus jenga tower:


DOWNTOWN/FLATS DESIGN REVIEW

DF2016-054 – The Beacon Residential Tower Additive New Construction: Seeking Final Approval
Project Address: 515 Euclid Avenue
Project Representatives: Rebecca Hegyes, Stark Enterprise
Joshua Haney, DRL Group – Westlake Reed Leskosky
Note: this project received Schematic Design Approval on September 16, 2016.

http://planning.city.cleveland.oh.us...2017/index.php
     
     
  #56  
Old Posted Dec 5, 2017, 5:37 PM
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a fall status check, but not much of an update or news -- the school board tossed the tif decision back to the council to lead:




As Beacon apartment construction begins, a look at the status of other Downtown Cleveland projects

John Kosich
7:22 AM, Sep 13, 2017

CLEVELAND - Above Euclid Avenue and East 6th Street it rises, a massive crane going about the parking garage at 515 Euclid. It's being hoisted into place so construction can begin on The Beacon, a 29-story apartment tower that will feature 187 new one and two-bedroom luxury apartments set to open early 2019.

The project is the work of Stark Enterprises which is also behind the massive Nucleus project announced for E. 4h & Huron Road across the street from Quicken Loans Arena. The mixed use development will feature apartments, restaurants, retail, office space and a hotel.

It was announced in the fall of 2014 with plans to begin construction on the parking deck in 2016 with a targeted completion in mid-2017. To date though the spot remains a surface parking lot.

To help fund the proposed $500 million project Stark Enterprises this summer proposed to the Cleveland Metropolitan School District a tax increment financing deal that would in a sense trade the first 30 years of tax payments for an up front $18 million now.

Without it, CMSD CEO Eric Gordon said at an August meeting where the board delayed a vote on the measure, "the developer states the project won't likely be built."

A year after the 2014 Nucleus announcement came an equally ambitious announcement by Weston Inc. to turn the surface parking lots bordered by West 6th & St. Clair into a massive mixed use development of it's own that over four phases would bring an additional 1,200 apartments along with retail, restaurants and entertainment areas to the space.

In their initial plans in 2015 the company hoped to break ground on the first phase if 352 units at the corner of West 6th and St. Clair in the beginning of 2016 with occupancy expected in the summer of 2017.

Calls to Weston, Inc for an update on the project were not returned. In a previous inquiry in late 2016 News 5 was told “the project remains on track. We recently acquired the last parcel needed to complete the land assembly needed for the project. The project is now in the financing stage and also continues to make its way through the city approval process.”



tv news clip here:
http://www.news5cleveland.com/news/l...eland-projects
     
     
  #57  
Old Posted Dec 8, 2017, 7:08 PM
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I agree with the poster ho suggested that this looks out of place in a Rust Belt skyline such as this.
On the other hand, it's alot tamer than that disjointed mess that was proposed for Louisville.
Perhaps Miami or even Austin would be a better fit...somewhere where there's both more of an uptick in newer construction and a bolder attitude architecture-wise.
     
     
  #58  
Old Posted Sep 11, 2018, 6:07 PM
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If nuCLEus is Ever Built, it Sure Won't be a 54-Story Skyscraper

Quote:
The Plain Dealer's Michelle Jarboe published one of the more important news updates of the year yesterday. A unique Tax Increment Financing proposal for the the theoretical nuCLEus skyscraper complex is no longer being considered by the Cleveland Metropolitan School District.

Jarboe reported that Eric Gordon, CMSD's CEO, said that the TIF package was no longer on the table — the school board will not vote on it — due to "changing circumstances" which made the deal "less compelling."

"There's the very real issue of why would we be giving tax relief to this builder or any builder ... when taxes are going up," Gordon told Jarboe.

The TIF proposal would have allowed Stark Enterprises, the nuCLEus developer, to pay CMSD a one-time upfront payment of $18 million in lieu of 30 years of property tax gains, estimated at $120 million. Like other TIF dollars, that portion of the increased taxes, (which arise from increased property value), would help finance the debt on the skyscraper's construction. The disparity in Stark dollars ($18 million vs. $120 million) is extreme, but the $18 million was sold as a good deal because CMSD could have immediately applied the funds to school construction and been eligible for matching state funding: up to two dollars for every dollar spent, supposedly. Gordon, for his part, said that he believed Stark has made a good-faith effort to treat the district well.

But with rising tax values, the $120 million estimate may be low. And Jarboe reported that CMSD is currently mired in intense disputes with the Ohio Facilities Construction Commission about school construction costs and which funds may be eligible for additional state money.
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  #59  
Old Posted Feb 19, 2019, 9:28 PM
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A shorter NuCLEus may go up in Cleveland's Gateway District

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The proposed 54-floor nuCLEus skyscraper in downtown Cleveland looks to be trimmed by half in images of the project that surfaced Wednesday, Jan. 23, in a forum on the UrbanOhio.com blog.

The new drawings showed a pair of shorter towers, an office building with 16 floors and an apartment building of 15 floors, both on a nine-story base that includes first-floor retail and eight floors of parking. They have a total of 25 and 24 floors, respectively. It's a big switch from the lanky, Jenga-esque design of the building when it was first proposed in 2016.

The address for the link led to the website of Cleveland-based Stark Enterprises, a partner on nuCLEus with J-Dek Enterprises of Solon; however, the link was no longer working by the end of the day.

Ezra Stark, chief operating officer of Stark, said in an email, "This is an old version. We have updated it since then."
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  #60  
Old Posted Feb 19, 2019, 9:30 PM
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^booooooooooo......

i really liked the original bold and daring design.

this new scheme is light years more pedestrian.

but also far more likely to get built because of it.
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Last edited by Steely Dan; Feb 20, 2019 at 2:53 PM.
     
     
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