SCRANTON PENINSULA. Development Charrette. Spring 2015

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SCRANTON PENINSULA Development Charrette Spring 2015

SCRANTON PENINSULA Development Charette Case Studies

Urban Campground o Creates a perfect end-cap to the 100 mile Towpath Trail o Modern campsites, set within an urban, industrial setting o Comfortable accommodations : Tent Sites (30) Tiny Cabins (20) RV Sites (4) West Bank I Cost $1.2 million Revenue $490,000 (photo credit: Tumbleweed Tiny Houses) As Stevenson describes to the Observer: "You'll wake up the next morning. Your friends have just finished their normal rounds at bars, a few reruns of late night TV. They'll ask, 'Hey, what did you do last night? Alberts, 2013

North Pointe District o A six-building gathering of apartments, retail, restaurants, and parking garage space. o 5 buildings of 4-story residential/retail o 1 building of single-story retail along Riverwalk o Will foster the creation of a true 24-7, Live-Work-Play district Cost Revenue North Bank III + IV $143.1 million $14.8 million Mixed-Use Zoning Mixed use zoning sets standards for the blending of residential, commercial, cultural, institutional, and where appropriate, industrial uses. Mixed-use zoning is generally closely linked to increased density, which allows for more compact development. Higher densities increase land-use efficiency and housing variety while reducing energy consumption and transportation costs. The mixed-use buildings that result can help strengthen or establish neighborhood character and encourage walking and bicycling. American Planning Association, 2006

River s Bend Apartments o 2 towers of residential apartments and covered parking o One, two, and three bedroom apartment homes o Within walking distance of primary shopping district, but set aside for a quieter atmosphere o Stunning views of Downtown Cleveland, the Cuyahoga River and the Industrial Flats Northwest Bank II Cost $37.1 million Revenue $4.0 million Pkg Revenue $1.3 million

Graffiti Park o Investment in public accessible green space will encourage nearby residents to visit the Scranton Peninsula o Will link with Scranton River Flats to provide future residents with recreational space on three sides of the Carter Riverfront o Additional trail linkages and road improvements will cost approximately $13 million to complete Cost Addnl West Bank I $5 million $13 million

Burning River Innovations o A state-of-the-art, 120,000 sq. ft. industrial production incubator o Close Proximity to Cleveland s Manufacturing Industries in the Flats o Flexible one-story, high cube space with research labs and office space o Will continue the strong biotechnical research + development industry in Cleveland Cost Revenue East Bank II $19.2 million $2.4 million Burning River Innovations A state-of-the-art Research and Development facility focused on modernization and innovation of manufacturing technology. A place where creative, technical, and brilliant minds meet to propel Cleveland s manufacturing industry forward. Where Manufacturing Innovation, Education, and Commerce Meet.

Carter Townhomes o 213 attached and detached townhomes o Newly drawn street & alley structure, off Carter Road o Overlook Graffiti Park and the Cuyahoga River o Single and two-family floor plans, with loft over garage for potential 3 rd unit Cost Projected Sales West Bank II $79.9 million $86.3 million Carter Town Homes An assembly of townhomes within the Carter Riverfront Master Plan. Just steps from Graffiti Park, the Towpath Trail, the Northside District and the rest of Downtown Cleveland, this community will be the premier choice for inner-city living.