THUNDERBIRD A NEW MIXED-USE NEIGHBORHOOD IN CLEVELAND SITES AVAILABLE FOR SALE OR LEASE - CONTACT EXCLUSIVE AGENTS: Cleveland Scene
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THUNDERBIRD A NEW MIXED-USE NEIGHBORHOOD IN CLEVELAND SITES AVAILABLE FOR SALE OR LEASE CONTACT EXCLUSIVE AGENTS: JOSEPH KHOURI KEVIN MOSS First Vice President Associate +1 216 658 6120 +1 216 363 6453 joseph.khouri@cbre.com kevin.moss@cbre.com
T H E S CRA N TON PEN INSULA Proximity matters. Thunderbird is uniquely positioned within a half mile of Public Square and a very short walk to Ohio City and Tremont. DOWNTOWN DOWNTOWN THE FLATS OHIO CITY DOWNTOWN TREMONT OHIO CITY THE FLATS
OL D THE SCRANTON PENINSULA RI VE R RO Sites available for sale AD or build to suit. TOTAL AREA ROA D TER CAR SF: 594,646 | Acres: 13.65 COLUMBUS ROAD C LOT A AREA AD SF: 324,178 | Acres: 7.44 RO TON AN B LOT B AREA SCR SF: 181,568 | Acres: 4.17 A LOT C AREA SF: 88,900 | Acres: 2.04 D R ROA CARTE E U EN AV IE EG RN CA * CONCEPTUAL DESIGN & RENDERING
THE SCRANTON PENINSULA Thunderbird will establish a new dynamic neighborhood in the heart of a reemerging American City. AN ASPIRATION A Vision of Cleveland’s Future to the continuously expanding park system Located in the center of Cleveland and void including direct adjacency with the new 17- of any existing buildings, the blank canvas acre park at Irish Town Bend and the existing of the Scranton Peninsula’s eastern side is park on the southern side of the Peninsula, envisioned as a small, compact and walkable creating an active and living waterfront community, designed with both the honest experience on the south bank of the Flats. and self-evident character embedded in the city as well as a thoughtful overlay of A LIVING ROOM placemaking that looks beyond Cleveland Intimate and Human-Scaled Development today and towards a bright future. Conscious of the large site and surrounding infrastructure, the district is composed of a A CROSSROADS series of well-designed small spaces, cozy From Downtown to Neighborhoods walkable streets, and short building blocks With well-established and burgeoning with compatible but diverse architecture. neighborhoods of Ohio City, Tremont and Downtown all within a half mile of the district, A CONTEXT the district will be developed to support these With a Focus on Views, Adjacencies and a River neighborhoods, creating a waterfront link Home to some of the most spectacular that binds them and establishes a continuous views of Cleveland, the district is designed network of places to live, create, mix and to orient viewers to the landmarks on the work. horizon through framed spaces and a A WATERFRONT gradient of building heights that respond to An Amenity to the Neighborhood and the site’s topographic changes. Thunderbird Community is conceived of a predominately mid-rise The district is designed with a continuous development (5-7 stories) with the potential public waterfront, culminating in a world class for strategically placed higher rise buildings park on the southern edge that will connect (8+ stories). All designed around view corridors and pedestrian experience.
T H E V I S ION Riverfront Development Opportunity View from the Cuyahoga looking toward the Eastern Edge of the District * CONCEPTUAL DESIGN & RENDERING
THE SCRANTON PENINSULA Thunderbird is one of the most uniquely positioned properties in Cleveland. The site is located on the Scranton Peninsula, along the Cuyahoga River in the Flats, facing downtown Cleveland and surrounded by and connected to Ohio City and Tremont neighborhoods. • UTILITIES: Water/sewer provided to • VIEWS: Panoramic views of Carter Road. Cleveland skyline. • ZONING: Semi-industrial (allows • NEIGHBORHOOD: West 25th for multi-family or retail). City support Street, West Side Market, Hoopples, to rezone or provide variances as Cleveland Rowing Foundation (less needed. than 5 min walk). • STREETS: Simple, private drives • DESIGN: Walkable and dense, envisioned to create a small-block, with an eye toward sharp, but urban neighborhood. straightforward design. Master planned • LOCATION: Less than a half mile and coordinated, but flexible and (10 min walk) from Ohio City, Tremont realistic. and Public Square. • BREWERY: Great Lakes Brewery will • TRAILS AND PARKS: Surrounded be joining the neighborhood with a by trails and parks: Towpath, new, state-of-the-art facility that will be Centennial Link, Red Line Greenway, designed at neighborhood scale with Merwin’s Wharf, Irishtown Bend Park a bar/restaurant, and a pedestrian- (planned), Thunderbird Riverfront Park oriented design. and Trail* (proposed). * Thunderbird Park is in the very • RIVERFRONT: Over 1400’ of river nascent stages of planning, is frontage. forward looking and uncertain if it will be realized. DEMOGRAPHICS OPTIMAL HIGHWAY ACCESSIBILITY: 1 mile 3 miles 5 miles I-90W: 5 mins. 2017 Population 14,270 96,917 261,641 I-90E: 10 mins. 2017 Daytime Population 67, 843 187,208 423,146 I-71S: 5 mins. 2017 Average HH Income $74,280 $41,756 $42,952 I-77S: 7 mins. 2022 Average HH Income $92,622 $49,194 $49,451 I-490W: 5 mins. I-490E: 7 mins. TRAFFIC COUNTS Scranton/Carter RD (ODOT 2016): 4,257 per day Lorain/Carnegie BDG (ODOT 2013): 14,040 per day
T H E V I S ION Pedestrian Oriented View within the Pedestrian Passage looking North * CONCEPTUAL DESIGN & RENDERING
A V I BRA N T, T RA N S FORMING CITY Cleveland is a rich city filled with world class destinations. Cleveland Clinic 18 Million A TOP 5 ANNUAL VISITORS HEALTH SYSTEM Walkable Cleveland Sports Downtown 3 PRO TEAMS AND APPEARANCES IN Cleveland BOTH THE NBA FINALS AND MLB A TOP CITY IN THE COUNTRY FOR WORLD SERIES IN THE LAST YEAR VISITORS WHO WANT TO GO CAR-FREE Playhouse Cleveland Square Museum of Art A TOP 5 A TOP 5 THEATER DISTRICT ART MUSEUM Flats East Ohio City Bank HOME TO THE LOCALLY OVER $500 MILLION OWNED INVESTED IN THE LAST WEST SIDE MARKET TEN YEARS
A V I BRA N T, T RA N S FORMING CITY Major Sports Number DOWN- Lake Erie Hotel Lake Erie Flats East Bank Voinovich Teams of Rooms RESTAURANTTOWN Bicentennial Park Aloft 150 Proposed Lakefront Development Comfort Inn 145 & CLEVE- DoubleTree 379 Drury Plaza 189 HOSPITALITY OVERVIEW North Coast Harbor Hampton Inn Hilton Hilton Garden Inn 194 600 240 LAND Holiday Inn Express & Suites 141 Hyatt Regency 293 Port of Cleveland Kimpton Schofield 122 Marriott at Key Center 175 Opening Soon: Metropolitan at the 9 156 Radisson at Gateway 142 FIRST ENERGY Renaissance 491 STADIUM Residence Burke Lakefront AirportInn 175 Warehouse District Proposed Ritz-Carlton The Westin 205 484 Pedestrian 2 University Hotel 161 Bridge Wyndham at Playhouse Square 205 Total Hotel Rooms 4,647 Downtown Cleveland Cu EY Tower ya ho Flats East ga Ri Bank County ve Courthouse Cleveland r City Hall STARBUCKS Lakeside Ave Lakeside Ave Cleveland East 4th W 10 Public Auditorium Warehouse District th Cleveland Ontario St 2 St Convention STARBUCKS Center E 9th St Global Flats West Center for W 9th St Galleria at W 6th St Health Erieview Innovation Bank E 12th St Greater W St Clair Ave St Clair Ave Cleveland Ce Aquarium nt W 3rd St E 6th ST er E 18th St St Cleveland Jacobs Weston- Ginza Pavilion One Center Sushi House Citymark Key Tower Superblock Cleveland Public Public Square Library Campus W Superior Ave Superior Ave Superior Ave r Ave 200 Public Fifth Third District E 12th St W Superio Square Center 6 Y OHIO CIT E 13th St The Federal Courthouse Tower City Arcade The Theatre District E 21 st St Center Euc Beacon W lid Hu Ave Pa y n ro Chester Ave e Av r n e ve Carter Rd Ri Rd East 4 th StColonial E 24 th St STARBUCKS a og Marketplace 322 ah Cu y Playhouse Square Ch est er d Av sR e bu Cuy Helen ahog lum St a Riv nuCLEus Theatre 7 th 150 seats Ohio er Co Westfield Theatre State Development E1 Insurance Outcalt 1,000 seats Theatre Theatre Theatre 3,200 seats 300 seats Allen 334 seats Gateway Huron Rd Euc lid Theatre 500 seats Kennedy's Connor Palace Car Huron Rd District Av e Theatre 100 seats 2,800 seats ter To I- Rd Pro 90 spe ct A ve E 9th St Hanna CLEVELAND STATE UNIVERSITY QUICKEN Bolivar Rd Theatre 17,730 Students Public Square 550 seats LOANS On THUNDERBIRD ARENA tar Rd 20 on io TURN BAY + KITCHEN nt St ra Sc St E 14th St 8 th E1 PROGRESSIVE To I-90/I-71/I-77 INTERSTATE FIELD 90 To I- Wolstein Center 90 Y Carnegie Ave OHIO CIT RESIDENTIAL Carnegie Ave Pro spe ct A ve 0 mi .17mi © 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. All marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker.
A V I B R A N T, T RA N S FORMING CITY OHIO RESTAURANT & CITYCITY OHIO HOSPITALITY OVERVIEW 1 Mile from Downtown 1 mile from Downtown + 10,000 Residents ± 10,000 Residents Approximately 1,500 new 1,500 new apartments apartments planned Approximately planned 250 local businesses N UE 250 local businesses IT AV E DE TRO 4,000 employees 4,000 employees Major Employer: Major Employer: Lutheran Hospital New Residental Lutheran (Cleveland Hospital (Cleveland Clinic) Clinic) Retail Vacancy Rate: Decreased from 35%Vacancy Retail to 2% in the lastDecreased Rate: four years. WE from 35% to 2% in the last four ST 16% growth among ages 18-34 & 42% 2 5 TH yearsgrowth among ages 60-64 ST RE E ET E NU 216% growth nd largest among transit hub ages 18-34 in Cuyahoga AV IN & 42% growthCounty among ages RA 60-64 LO Light Rail connector to Downtown & Airport tremont 2nd largest transit hub in Cuyahoga West County Side Market attracts 1.8 million visitors annually with over 10,000 Light Rail connector visitors to every Saturday. Downtown & Airport Home to Saint Ignatius High School, one of the nation’s premiere parochial West Side Market attracts 1.8 high schools with over 1,400 students. million visitors annually with over 10,000 visitors Accessibilty every to: I-90, Saturday. I-77 & Route 2 E E NU Home to Saint Ignatius High AV IN School, C one of the nation’s BRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States RA and other countries. All other marks displayed on this document are the property of their respective owners. © 2017 CBRE, LO premiere parochial high schools Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your with over 1,400 students. responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Licensed Real Estate Broker. April 2017. © 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. All marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker.
A V I B R A N T, T RA N S FORMING CITY UPCOMING NEW RESIDENTIAL NAUTICA WATERFRONT DISTRICT(664) NEAR WEST SIDE DOWNTOWN CLEVELAND Approximately 2,500 units total QUARTER (232) THE EDISON (306) BATTERY PARK (200) W. 25th STREET LOFTS (83) MARINER’S WATCH (62) EDGE 32 (62) N UE I T AVE R O DET CLINTON AVENUE (70) FRANKLIN CIRCLE (119) WEST 65TH STREET CHURCH & STATE (161) W. BRICKHAUS TOWERS (500) 25 TH ST RE ET UE AVEN AI N R LO CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. © 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Licensed Real Estate Broker. April 2017. © 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. All marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker.
T H E VIS ION Proposed park and Riverfront Trail Amenities View from the Public Space along Carter Road looking North * CONCEPTUAL DESIGN & RENDERING
A V I BRA N T, T RA N S FORMING CITY Why Cleveland. Because it’s the FUTURE. 79% INCREASE IN 6 JAMES BEARD 136% INCREASE IN NUMBER 2.37 AVERAGE DOWNTOWN AWARD-WINNING OF RESIDENTS WITH HOUSEHOLD SIZE POPULATION SINCE RESTAURANTS ADVANCED DEGREES 2000 8 FORTUNE 1000 8TH FASTEST GROWING 97% INCREASE IN BABY COMPANIES POPULATION BOOMER RESIDENTS OF 25-34 YEAR- SINCE 2000 OLD COLLEGE GRADUATES CONTACT EXCLUSIVE AGENTS: JOSEPH KHOURI KEVIN MOSS First Vice President Associate +1 216 658 6120 +1 216 363 6453 joseph.khouri@cbre.com kevin.moss@cbre.com
THUNDERBIRD A NEW MIXED-USE NEIGHBORHOOD IN CLEVELAND SITES AVAILABLE FOR SALE OR LEASE CONTACT EXCLUSIVE AGENTS: JOSEPH KHOURI KEVIN MOSS First Vice President Associate +1 216 658 6120 +1 216 363 6453 joseph.khouri@cbre.com kevin.moss@cbre.com MASTER DEVELOPED IN PARTNERSHIP BY: FRED GEIS EAST WEST ALLIANCE J ROC DEVELOPMENT
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