Flats East Bank in the News

With apartments full, developers look for new rental opportunities in downtown Cleveland
November 28, 2011
With apartments nearly full and waiting lists piling up, a sense of rental euphoria has fallen over downtown Cleveland.
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The Flats East Bank Project in full swing
October 18th, 2011
$275M worth of fun is coming to the East Bank of the Flats. Restaurants, an 18 floor office building, an outdoor club and shopping.
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Crane operator sways high above Cleveland as Flats East Bank project rises from ground
August 26, 2011
Mike VanFossen's walk to work is 296 steps—straight up. READ MORE

On Location: Flats East Bank
August 23, 2011
There's new life along the Cuyahoga River. Tonight we are On Location for the scoop on what's happening along the Cuyahoga River and the East Bank of the Flats. READ MORE

A Big Lift: Crane Is Good Sign For City
August 17th, 2011
A tower crane—downtown Cleveland's first in years—started work Tuesday to construct an 18-story office building at the Flats East Bank project. READ MORE

Economic development begins on Flats' East Bank restoration project
May 31st, 2011
The Flats' East Bank project is moving forward. READ MORE

Major step in Flats revitalization slated for today
May 31st, 2011
The Flats East Bank project will see the first of the nine concrete pours that will create of the foundation upon which Downtown's newest office tower will stand. READ MORE

Cleveland Flats nightlife plans stir excitement
May 27th, 2011
New plans for Flats nightlife, including four upscale restaurants and a night club, are stirring talk and excitement. READ MORE

Flats East Bank developers sign deal for restaurants and outdoor nightclub
May 26th, 2011
The developers of the Flats East Bank project have inked a deal with a local burger joint, lined up prospects for a Mexican restaurant and a steakhouse, and recruited a local operator to open an outdoor nightclub along the Cuyahoga River. READ MORE

Miami-style club, upscale restaurants on tap for Flats East Bank
March 16th, 2011
Smells of fine dining at four restaurants and the sounds of a seasonal riverfront nightclub could emanate from the $270 million Flats East Bank mixed-use project.. READ MORE

The Flat's East Bank Project... Cleveland's waterfront revitalization is now underway
March 6, 2011
The Flats East Bank Project is a $275 million mixed-use development that will redefine Cleveland's riverfront and lakefront for several generations. The project, according to Adam Fishman, co-principal of Fairmount Properties, was the vision of the Wolstein Family. READ MORE

Judge grants Flats East Bank injunction, ensuring access to drawings for $275 million project
February 28, 2011
The developers of the Flats East Bank have control of architectural drawings for their $275 million project and can continue construction without delays caused by litigation, a Cuyahoga County judge ruled Monday. READ MORE

Forum on future of Flats in Cleveland draws wide range of interests
February 23, 2010
A meeting on the future of the Flats brought together a range of people, from industrial companies to residents, who discussed the impacts of multiple projects underway, including the Flats East Bank project. READ MORE

Projects along the Cuyahoga River, in downtown Cleveland present opportunities for the Flats
January 30, 2011
Construction has started on the $275 million first phase of the Flats East Bank, including an office building, a hotel, a gym, a public park and a boardwalk. The project's developers already are planning for their second phase, which could include residences and retail. READ MORE

Freshwater Cleveland: Flats East Bank to be Cleveland’s first green-certified neighborhood
January 30, 2011
The Wolstein Group and Fairmount Properties, co-developers of the Flats East Bank project, are using sustainable building practices in the $272 million project, which broke ground in December. READ MORE

Cleveland Plain Dealer: Flats East Bank project closes financing, to start construction
December 21, 2010
Construction will start on the long-delayed Flats East Bank project, now that developers have finally locked in the money to build offices, a hotel, retail and a park at the mouth of the Cuyahoga River. The Wolstein Group and Fairmount Properties closed on their financing on December 21 - making a $272 million development a reality. READ MORE

Cleveland Plain Dealer: Cleveland's Flats East Bank project gets $32 million loan guarantee from HUD
December 1, 2010
The U.S. Department of Housing and Urban Development will provide $32 million in long-anticipated loan guarantees to support the first phase of development on the east bank of the Flats. READ MORE

Cleveland Plain Dealer: Cleveland's Flats East Bank hotel will carry the Aloft brand
August 19, 2010
A 150-room Aloft hotel is scheduled to open in early 2013. The Aloft brand, launched by Starwood Hotels and & Resorts Worldwide in 2008, has quickly grown to more than 40 locations. Aloft hotels target tech-savvy travelers and offer rooms at an average of $125 a night.
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Cleveland Plain Dealer: Flats East Bank Project receives $20 million from foreign investors
June 24, 2010
Foreign investors directed $20 million through the Cleveland International Fund to help finance hotel and retail components of the Flats East Bank project, which are projected to generate 880 jobs. READ MORE

Cleveland Plain Dealer: Designs for Flats office building and hotel get approval from Cleveland review board
January 15, 2010
A Cleveland city review board approved designs today for an office building and hotel on the east bank of the Flats. READ MORE

Crain’s Cleveland Business: Cleveland's Flats East Bank project takes step forward
January 5, 2010
A Cleveland-Cuyahoga County Port Authority committee recommended to the full board of directors a package of $34.8 million of largely tax-exempt bonds that would be used by Flats East Bank developers to revive the major project along the east bank of the Cuyahoga River. READ MORE

Flats East Bank Project Revived
September 15, 2009
Today Mayor Frank G. Jackson and Governor Ted Strickland announced a breakthrough in their efforts to significantly close the funding gap created by the global economic crisis that will allow the much anticipated Flats East Bank project to move forward. READ MORE

Cleveland native plans Flats entertainment project
May 22, 2008
Rub your eyes and look again. Is that beer bottle really emptying itself into your glass? Yes it is, but it’s not the alcohol tricking you. It’s illusionist and comedian Kerry Pollock. Pollock, a Cleveland native, signed a letter of intent Monday to open a magic-themed restaurant and entertainment venue in the Flats, where he began his career about 25 years ago at D’Poos. READ MORE

Turley’s Take Ernst & Young CEO sees future, and it’s bright
May 17, 2008
Ernst & Young’s global chief executive, James Turley, was in Cleveland recently to usher in the next chapter in the accounting firms 105-year history. Turley joined Mayor Frank Jackson and local executives to announce the company’s planned move of 1,200 workers to a new office building in developer Scott Wolstein’s Flats redevelopment. READ MORE

First Glimpse of the New Flats
May 9, 2008
Ernst & Young will take up six floors of the first new private office tower built downtown in nearly two decades - a tower that will bear the accounting firm's name. Company executives joined Mayor Frank Jackson and Developer Scott Wolstein on Thursday to formally announce that Ernst & Young will move from the Huntington Building, at Euclid Avenue and East Ninth Street. READ MORE

HUD to Help Finance Flats Grocery Project
May 9, 2008
Sen. George Voinovich, R-Ohio, announced that the city of Cleveland will receive $4 million from the U.S. Department of Housing and Urban Development that will aid development of a grocery store at the Flats East Bank Neighborhood. READ MORE

Ernst & Young to move 1,200 to new Flats East Bank project
May 5, 2008
A big piece of the massive Flats East Bank project quietly went into place recently as Ernst & Young LLP made a preliminary commitment to move 1,200 employees to a planned office building there from the landmark Huntington Building in downtown Cleveland. READ MORE

Getting Ernst & Young as an anchor tenant will help secure Scott Wolstein's East Bank project and the future of the Flats: An editorial
May 8, 2008
A rejuvenation of the east bank of the Flats is moving closer to reality. Global accounting firm Ernst & Young, whose Cleveland roots stretch back more than 100 years, plans to move its 1,200 employees to a new high-rise tower there in three years from its current downtown location in the Huntington Building. READ MORE

Ernst & Young Offices Head to Flats
May 8, 2008
Ernst & Young LLP won naming rights to a 21-story office tower that will be known as Ernst & Young Tower as it committed to keeping its offices in downtown Cleveland as part of the Flats East Bank Neighborhood. READ MORE

Work to clear way for Flats East Bank picks up
May 7, 2008
Part of the old Flats begins disappearing today as wrecking crews start razing the last buildings on Old River Road north of Main Avenue in Cleveland. READ MORE

Ernst & Young to Move New Office to Flats Development
May 6, 2008
Accounting firm Ernst & Young plans to move its downtown Cleveland office and 1,200 employees to a massive development in the Flats. The firm would leave the Huntington Building for a new high-rise tower in 2011, Don Misheff, the firm's managing partner for Northeast Ohio, said Monday. READ MORE

Flats Plans Grow; Most to be Done by Late 2010
March 28, 2008
A developer's vision for the east bank of the Flats has grown dramatically, driven by demand for new downtown space for offices, hotels and other businesses. READ MORE

Final Demolition Approved for Flats Project
March 7, 2008
City planners today approved demolition permits for the remaining buildings that stand in the way of a $500 million project on the east bank of the Flats. READ MORE

Law Firm Will Move to Planned Office Building
February 11, 2008
Developer Scott Wolstein has snagged his first office tenant for a development in the Flats. Law firm Tucker Ellis & West LLP on Monday confirmed plans to move its downtown headquarters to a planned building near the east bank. READ MORE

Tucker Ellis Heading to the Flats
February 11, 2008
Tucker Ellis & West LLP is the first tenant to announce that it plans to hang its shingle at the Flats East Bank Neighborhood, the $500 million redo of the Old River Road north of Main Avenue by Wolstein Group of Beachwood and Fairmount Properties of Cleveland. READ MORE

Scope of Planned Flats Development Grows
October 16, 2007
The developers of the proposed Flats East Bank mixed-use project today unveiled updated plans that highlight the prospect of additional office and residential space. READ MORE

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