Two More Hotels Planned for Cleveland Area
- Jan 28, 2014
2013 was a good year for hotel construction in the Greater Cleveland area, as developers started work on a number of projects expected to deliver hundreds of new rooms to the region in the near future. And it seems that this hotel construction boom will continue into 2014. Work will soon start on two more projects in the metro area, one in downtown Cleveland, the other in Avon.
Jacobs Real Estate Services recently announced it will develop a Residence Inn by Marriott hotel at its Avon Place development in Avon. It will be located on Just Imagine Drive, adjacent to the Cleveland Clinic Richard E. Jacobs Health Center.
The new hotel will be constructed on a 4.27-acre site that Jacobs Real Estate Services has agreed to sell to Emerald Hospitality Associates Inc. and its independent affiliate, Nimbus Investment Fund. It will stand five stories tall and offer 116 rooms, with all the amenities of the Residence Inn hotels. An attached 10,000-square-foot conference center will also be constructed. The hotel is expected to open in spring 2015.
“We are excited that Marriott and Emerald Hospitality have chosen Avon Place. Residence Inn will be a perfect complement to the expanding Cleveland Clinic, restaurants and offices planned for this development,” said Jim Eppele, JRES executive vice president, in a statement for the press.
Crain’s Cleveland also recently reported that workers have installed black chain link fences around the former Cleveland Metropolitan School District administration building at 1380 E. Sixth St. in downtown Cleveland. The property will be transformed into the Drury Plaza Hotel.
However, developers don’t expect any real construction to start until summer, as there are still many hurdles the project needs to pass, such as securing city approvals for Drury’s plans or obtaining Ohio Historic Preservation Tax Credits. Construction crews are currently working on site cleanup and asbestos abatement.
The makeover is expected to cost more than $35 million. It will deliver a 180-room hotel. The project is expected to be completed by late 2015.
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