$9M Boathouse Project to Transform Downtown Industrial Area
- Feb 24, 2015
A Downtown Cleveland industrial area is about to be transformed into a place for walking, biking and boating. Mike Trebilcock, CEO of MCPc Inc.; his wife, Gina; and MCPc Family Charities, a non-profit associated with MCPc recently acquired a dozen industrial buildings in Cleveland’s Columbus Peninsula. They plan to turn the properties into a shared-use park, fitness center, and collegiate and youth boathouse.
According to Cuyahoga County land records, a company linked to the Trebilcocks purchased the 12 properties on Columbus Road from Pipeline Development for $3 million. The acquisition is just the first step for the multi-phased project the developers call The Foundry. Not only does it represent a $9 million investment in the city’s riverfront but, according to Mike Trebilcock, it will also help Cleveland’s kids stay fit, learn discipline and structure their lives.
The developers expect The Foundry to be operational by this autumn. Fresh Water Cleveland reports that the project will include offices, study rooms, two rowing tanks where rowers can practice during the off-season, a large boathouse and possibly second-level observation areas for parents. Cleveland Youth Rowing Association and various school-based programs will be the main users of the property.
Photo credit: Sandwick Architects