Erieview Towers – Erieview Developer, LLC
The multi-phased proposed design-build project to develop, rehabilitate, and renovate the Property into a mixed-use development comprised of a luxury hotel, luxury apartments, office space, parking, dining, and entertainment spaces.
About the Developer & Project
- Executive Dir: Elias Kassouf
- General Contractor: Renovation Development Project 1301 E 9th St. & 100 Erieview St. Cleveland, OH 44114
- Total Project Cost: $217,000,000
- Total Hard Construction Cost: $68,000,000
Funds:
- Enterprise Zone Commercial Tax Abatement: $9,262,590
- Non-School Tax Increment Financing (TIF): $9,362,670
Building:
- 10,920 sq ft | 9,500 sq ft lot
- Built 1921
- 3 stories
Community Benefits Agreement Terms:
MBE Participation Goal (15%)
FBE Participation Goal (7%)
CSB Participation Goal (8%)
Cleveland Resident Construction Worker Hours: 20% Requirement
Low-Income Cleveland Residential Construction Worker Hours: 4% of the 20% Requirement
Mentor/Protégé Program: Required to enter a construction management contractual relationship with an OEO certified construction management team member firm (“OCCMTM”). Also required the OCCMTM to enter a Mentor/Protégé relationship with an additional OEO certified firm with reasonable and mutually agreeable measurable goals, as approved by OEO. The OCCMT and the Prime Contractor will negotiate roles within the overall construction management process. This negotiation process will determine the percentage of shared construction management fees - excluding staff augmentation contributed by the OCCMTM from this calculation.
Apprenticeships: At least (5) registered apprentices who are adult Cleveland residents and/or City of Cleveland Community College students that are Cleveland Residents.
Internships: (5) Cleveland Resident School Students or recent graduates. Interview and Select at least (5) Cleveland Youth for employment opportunities. Select at least (5) May Hayes Students for Internships.
Community Engagement: (3) Community Stakeholders’ meetings