Fantastic news regarding the unnamed proposal by Stark. The fact that he can market the site at the upcoming ICSC show will really set things in motion. This project would go a long way in repairing the urban fabric of downtown Cleveland.
Developer gets downtown deal
Stark secures control of land for Warehouse District project
Thursday, May 18, 2006
Christopher Montgomery
Plain Dealer Reporter
Developer Bob Stark has taken a major step toward his dream of building a massive, $1 billion mixed-use development in Cleveland's Warehouse District.
On Wednesday, Stark signed a development agreement for the majority of two large downtown parking lots owned by Weston Inc., a Solon-based developer controlled by the Asher family. The lots cover almost an entire city block between West Third and West Sixth streets, and have long been considered among the most prime - and underutilized - sites in the city. The agreement also includes a small lot at the corner of West Third and St. Clair Avenue.
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