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Tag: Lakefront

  • Cleveland Picks DeGeronimo as Master Developer to Lead Post-Stadium Lakefront – Cleveland Scene

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    Cleveland’s waterfront authority has picked a master developer to lead the future vision of Downtown’s lakefront.

    DeGeronimo Development, a family-owned builder based in Brecksville with a track record of mixed-use construction, was chosen to guide those 50 acres of land where a soon-to-be-demolished stadium and parking lots stand today.

    The selection team of the North Coast Waterfront Development Corporation, which includes Mayor Bibb, Council President Blaine Griffin and Destination Cleveland’s David Gilbert, picked DeGeronimo due to the company’s string of recent successes and the virtue of them being right down the road, they said.

    “They bring deep local roots, a proven track record and a strong commitment to collaboration and community benefits,” Griffin said in a statement.

    “Having a local partner means greater accountability, stronger connections to our workforce and neighborhoods and more project dollars staying in our regional economy.”

    Spearheaded by CEO Victor “Vic” DiGeronimo, Jr., and his cousins, Rob and Kevin, the company has contributed to some recent landmarks in the past half century. 

    In the 1970s, DeGeronimo helped build the downtown Justice Center. In 2018, it cut tape on Pinecrest in Orange Village, the ritzy east side mixed-use complex. It also helped develop Tremont’s Electric Gardens, a behemoth of an apartment complex, and Brecksville’s Valor Acres, the new mixed-use location by Sherwin-William’s new R&D facility.

    It’s also currently working on the WaterWood Resort, a private cluster of luxury townhomes with 40-boat marina to boot in Vermilion. Downtown’s lakefront would be the company’s first major public project situated on water.

    Scene reached out to DeGeronimo for comment, but did not receive a call back by Thursday afternoon.

    The city’s team still has to officially replace Field Operations, the master planning and design consultant they hired in 2023 to drum up what the lakefront build may look like when it’s finally done. A new consultant will be picked in early 2026, with yet another new plan made public by the summer, the city said.

    DeGeronimo will work with a variety of other developers, about a dozen or so that submitted ideas to Bibb and NCWDC last month. “Mixed-income housing,” a hotel, a “food hall concept”, “waterfront promenades” and an “indoor/outdoor music venue with approximately 10,000 seats” are all on the table.

    Cleveland has $150 million in federal and state money that’s set to go towards a landbridge linking Mall C with whatever’s to come after Huntington Bank Field goes away in 2029. It’s also raised the $284 million needed to convert the Shoreway into a slower, pedestrian-friendly boulevard and negotiated a $100 million payout from the Haslams for the Browns’ departure to Brook Park.

    All reasons Bibb’s reassured that he will be the mayor to actually pull this thing off.

    “We have the resources to make meaningful progress,” Bibb said, “connecting people to the water, creating economic opportunity for residents, and reshaping Cleveland as a true waterfront city that supports downtown businesses year-round, not just a few days a year.”  

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    Mark Oprea

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  • Cleveland Picks DiGeronimo as Master Developer to Lead Post-Stadium Lakefront – Cleveland Scene

    [ad_1]

    Cleveland’s waterfront authority has picked a master developer to lead the future vision of Downtown’s lakefront.

    DiGeronimo Development, a family-owned builder based in Brecksville with a track record of mixed-use construction, was chosen to guide those 50 acres of land where a soon-to-be-demolished stadium and parking lots stand today.

    The selection team of the North Coast Waterfront Development Corporation, which includes Mayor Bibb, Council President Blaine Griffin and Destination Cleveland’s David Gilbert, picked DiGeronimo due to the company’s string of recent successes and the virtue of them being right down the road, they said.

    “They bring deep local roots, a proven track record and a strong commitment to collaboration and community benefits,” Griffin said in a statement.

    “Having a local partner means greater accountability, stronger connections to our workforce and neighborhoods and more project dollars staying in our regional economy.”

    Spearheaded by CEO Victor “Vic” DiGeronimo, Jr., and his cousins, Rob and Kevin, the company has contributed to some recent landmarks in the past half century. 

    In the 1970s, DiGeronimo helped build the downtown Justice Center. In 2018, it cut tape on Pinecrest in Orange Village, the ritzy east side mixed-use complex. It also helped develop Tremont’s Electric Gardens, a behemoth of an apartment complex, and Brecksville’s Valor Acres, the new mixed-use location by Sherwin-William’s new R&D facility.

    It’s also currently working on the WaterWood Resort, a private cluster of luxury townhomes with 40-boat marina to boot in Vermilion. Downtown’s lakefront would be the company’s first major public project situated on water.

    Scene reached out to DiGeronimo for comment, but did not receive a call back by Thursday afternoon.

    The city’s team still has to officially replace Field Operations, the master planning and design consultant they hired in 2023 to drum up what the lakefront build may look like when it’s finally done. A new consultant will be picked in early 2026, with yet another new plan made public by the summer, the city said.

    DiGeronimo will work with a variety of other developers, about a dozen or so that submitted ideas to Bibb and NCWDC last month. “Mixed-income housing,” a hotel, a “food hall concept”, “waterfront promenades” and an “indoor/outdoor music venue with approximately 10,000 seats” are all on the table.

    Cleveland has $150 million in federal and state money that’s set to go towards a landbridge linking Mall C with whatever’s to come after Huntington Bank Field goes away in 2029. It’s also raised the $284 million needed to convert the Shoreway into a slower, pedestrian-friendly boulevard and negotiated a $100 million payout from the Haslams for the Browns’ departure to Brook Park.

    All reasons Bibb’s reassured that he will be the mayor to actually pull this thing off.

    “We have the resources to make meaningful progress,” Bibb said, “connecting people to the water, creating economic opportunity for residents, and reshaping Cleveland as a true waterfront city that supports downtown businesses year-round, not just a few days a year.”  

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    Follow us: Google News | NewsBreak | Reddit | Instagram | Facebook | Twitter

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    Mark Oprea

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  • Cleveland’s North Coast Land Bridge Gets $20 Million Closer to Reality

    Cleveland’s North Coast Land Bridge Gets $20 Million Closer to Reality

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    Mark Oprea

    A $230 million landbridge could be built in the coming years, if funds are raised.

    Clevelanders are a tad bit closer to seeing those barren, gray parking lots north of Browns Stadium go away for good.

    This week, the 135th Ohio General Assembly of the State Legislature okayed a $4.2 billion spending bill that allocated tens of millions of state dollars to high-stakes Cleveland development in progress.

    Its biggest allotment for Northeast Ohio: $20 million for the North Coast Connector, the long-elusive land bridge planned to link Mall C with the land around the stadium and the shores of Lake Erie.

    The state also will contribute dollars to the makeover of the West Side Market ($2.4 million), to the hillside renovation that is Irishtown Bend Park ($2 million) and the proposed Cleveland Women’s Soccer Stadium south of Progressive Field ($1 million).

    But the land bridge might be what City Hall is most excited about.

    This “is a game-changer for Cleveland, and will have a lasting impact on our city’s economic growth and development,” Mayor Justin Bibb wrote in a press release.

    “We are incredibly grateful for the support and dedication of our state partners who championed this project,” he added, “as well as the residents, business and civic leaders who advocated tirelessly for its realization.”

    First unveiled in earnest under the City Hall Rotunda in late 2021, the land-bridge quickly became Bibb’s development white whale when promising renderings—parking lots replaced by greenery and playgrounds—were released by architecture firm James Corner Field Operations the following year.

    Bridging that longstanding gap between Mall C’s green over the railroad tracks and the Shoreway could cost the city, and its taxpayers, at least $230 million, an early estimate predicted.

    The cost to convert a part of Cleveland’s already hard-to-access shoreline could be complicated if Browns owners Jimmy and Dee Haslam decide to relocate the team to Brook Park, which could signify a hefty price tag if the lakeside stadium is marked for demolition.

    Plans and budgets will likely change in the coming year or so, as construction costs and lending rates fluctuate with a global market tough on large-scale projects and apartment conversions.

    In April, James Corner Field Operations requested an extra $400,000 from City Council for its ongoing study of the proposed bridge and Master Plan—an ask that seemed to irritate a council itching to be more involved.

    The Assembly’s spending package also set aside $7 million for the second-phase renovation of the Rock & Roll Hall of Fame, along with $8 million for the massive Bedrock Riverfront development south of Tower City Center.

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    Mark Oprea

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  • $17 Million Waterfront Villa Revels In The Beauty Of Lake Como, Italy

    $17 Million Waterfront Villa Revels In The Beauty Of Lake Como, Italy

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    Moltrasio has long been a popular destination on the western shore of Lake Como, in the Lombardy region of northern Italy.

    The mountain and lakeside town, made up of multiple villages, is known for its luxurious villas, historic churches and mild, sunny weather.

    Among notables to frequent the area over the centuries have been Napoleon Bonaparte, opera composer Vincenzo Bellini and Winston Churchill. In more recent years, the late fashion designer Gianni Versace bought and restored a villa near Moltrasio where he played host to such pop icons as Sir Elton John, Sting and Madonna.

    This lakeside property for sale is a rarity in the coveted area. The 4,500-square-meter site, about an acre, includes a three-level main villa, guest house and caretaker’s home.

    The classic villa, measuring about 750 square meters or more than 8,000 square feet, is surrounded by parklike greenery and mature trees.

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    The ground floor entrance hall accesses a large open-plan living and dining area where local delicacies, such as fresh alpine cheeses and missoltini, a salted air-dried lake fish, could be sampled.

    Ornate details include a baronial fireplace and decorative ceilings. French windows in the main living space take in Lake Como views and open to a lake-view terrace.

    Two kitchens, a bathroom, two storage rooms and a laundry room are also on the ground level.

    Four bedrooms with lake views, a study and four bathrooms are on the next floor up. The top level contains another four bedrooms and two bathrooms. An elevator accesses all three floors.

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    The guest house has another 160 square meters, or about 1,700 square feet, of living space. The caretaker’s house is slightly smaller at 140 square meters, about 1,500 square feet.

    A heated swimming pool overlooks the lake while stone stairs lead to the water.

    Marina Rizzotto of Palazzo Estate Srl, a Forbes Global Properties advertising partner, is the listing agent. The asking price is €17.5 million or slightly more than US $17 million.

    Moltrasio is about a 45-minute drive from Milan and its airports.

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    Marina Rizzotto is an advertising partner of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages selling the world’s most luxurious homes.

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    Lauren Beale, Contributor

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