CLEVELAND, Ohio – More new apartment construction may soon come to Euclid Avenue, where two high-rise towers have recently filled in gaps among downtown Cleveland’s rehabilitated historic buildings.

Michigan-based apartment developer City Club Apartments has submitted plans to the city to build a 23-story mixed-use building on what is now a parking lot at 720 Euclid Ave., next to the City Club of Cleveland.

The project will be presented for early-stage approval to the downtown/Flats design-review committee, an advisory body to Cleveland City Planning Commission, on Thursday, according to an agenda released this week (scroll to the bottom of the page to see the agenda, with project renderings). The project is then slated to be in front of the planning commission next Friday.

The tower would rise atop a half-acre parcel on Euclid, which is currently part of a nearly 2-acre site that also includes a parking garage and a surface parking lot on Prospect Avenue. The site is owned by local real-estate investor David Goldberg and his family, Goldberg confirmed Friday. The deal with City Club Apartments would include only the half-acre development site on Euclid.

Goldberg’s family has owned the site since 2002, according to Cuyahoga County property records. He told The Plain Dealer the family had been waiting for the right time to seek out a developer.

“[The site has] been available, and I think we just needed to wait until the city of Cleveland was really ready for new development. As you can see, most of the projects downtown until the last couple of years have been existing historic rehabilitations, and now we’re entering a new phase,” he said, noting construction of the Beacon apartment tower on the 500 block of Euclid, and the soon-to-be-complete Lumen project in Playhouse Square.

“It’s been a pleasurable experience working with City Club Apartments and we have every confidence they will develop a great project for the city and downtown Cleveland,” Goldberg said.

Goldberg declined to discuss a potential sale price. He noted that a land lease, rather than a sale, is also a possibility.

Jonathan Holtzman, co-founder and CEO of City Club Apartments, noted in a statement that CCA was previously involved in developing, owning and managing apartments in Cleveland in the 1990s.

“We are impressed with downtown Cleveland, its leadership and all of the great things that have been taking place over the last several years,” he said. “We are looking forward to presenting our plans to the city next week and working through the appropriate processes. We will share additional details about the mixed-use community when the time is right.”

A Vocon representative declined to comment on the project at this time.

According to the plans submitted to the city, the project would include first- and second-floor retail, topped by apartments ranging from studio to three-bedroom units. Site plans show an amenity space on the top floor.

City Club Apartments has developed projects across the region, including in Chicago, Cincinnati, Pittsburgh, Louisville, and in several parts of Michigan.

Click here to see the downtown/Flats design-review agenda, with project renderings: tinyurl.com/qnz6f2k.

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