The Beacon (Cleveland)

The Beacon
The Beacon under construction July 2018
General information
Status Under construction
Type residential
Location 515 Euclid Avenue Cleveland, Ohio
Country United States
Construction started 2017
Completed 2019
Cost $62 million
Height
Roof 355 feet
Technical details
Floor count 28
Design and construction
Architect Westlake Reed Leskosky and Nadaaa
Developer Stark Enterprises

The Beacon is a skyscraper in downtown Cleveland that began construction at 515 Euclid Avenue in late 2017.[1] The tower will be 355 feet (108 m) tall, with approval from the city council to exceed the city's 250 feet (76 m) limit.[2] The building will be located on the GCRTA Euclid Corridor Rapid Bus Transit line that leads from Public Square to the University Circle district on the south east side of the city

Part of the need for the tower is due to the two decade old resurgence of interest in downtown Cleveland. Residential population has upticked, spearheaded by a 77% increase of new housing units and 95% occupancy rate from 2000 to 2015 [3]. This surge in residential growth has seen nearly 15,000 people living in the Cleveland neighborhood as of 2017.[4] That makes downtown Cleveland the largest populated downtown in Ohio (far ahead of Columbus, Cincinnati, and Akron) which illustrates the need for more housing capacity in the central location of Cleveland. When completed it will be the third-tallest residential building in the city behind the Terminal Tower, which is slated to be converted into apartments, and The 9 Cleveland.

Design

The tower will sit atop a seven-level parking garage that was built nearly ten years earlier for a project that never materialized. This will help keep additional infrastructure costs down. The winning design that was presented to the Cleveland City Council was by Cleveland architecture firm of Westlake Reed Leskosky and the Boston firm Nadaaa. The project will be completed by Stark Enterprises. [2]

The Beacon will feature a facade interlocked with colored interchanging metal panels that will reflect the sun and be brightly illuminated with exterior lighting at night.[5] The pinnacle will feature a multistory Beacon masthead that can be seen for miles in either direction.

The chosen site is notable because over ten years ago it was proposed that an apartment tower should sit on the lot behind the Huntington Building on East Roadway and Euclid. For various reasons, mostly due to financing and design flaws, that tower never rose. The Beacon will be the first new residential high rise erected in Cleveland's central business district since 1974.[6]

See also

References

  1. ↑ Kosich, John (September 13, 2017). "As Beacon apartment construction begins a look at the status of other Downtown Cleveland projects". News5Cleveland.com. Retrieved November 2, 2017.
  2. 1 2 "First look: Beacon apartment tower planned atop 515 Euclid garage in downtown Cleveland (photos)". Cleveland.com. Retrieved November 2, 2017.
  3. ↑ http://www.downtowncleveland.com/DCA/media/DCA_Media/Work/Reports/Q1-2017-Market-Update-2017.pdf
  4. ↑ 2017/05/01 bizjournals.com
  5. ↑ "Start of $62 million apartment tower in downtown Cleveland set for June - Crain's Cleveland Business". CrainsCleveland.com. March 27, 2017. Retrieved November 2, 2017.
  6. ↑ "The Beacon - Apartments in Cleveland, OH". www.TheBeaconCleveland.com. Retrieved November 2, 2017.

Coordinates: 41°30′01″N 81°41′23″W / 41.500262°N 81.689845°W / 41.500262; -81.689845

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