Old Brooklyn’s Memphis & Pearl Site Cleared as New Developer Steps In

Three buildings are now gone from the corner of Pearl Road and Memphis Avenue in Old Brooklyn, marking the most visible progress yet on a mixed-use project that has been years in the making. The site’s owner has also brought on a new developer for the effort, giving fresh momentum to a redevelopment that neighbors have watched evolve through multiple versions of its scope and price tag.

Demolition Clears the Way

According to Crain’s Cleveland Business, the Memphis & Pearl development has had demolition completed on three structures, and the project is getting a boost from its owner alongside a newly involved developer. The outlet also reported that federal funding changed the scope of the redevelopment, though specifics on how that shift altered the project were not detailed in the report.

The demolition work lines up with a timeline laid out earlier this year by the Old Brooklyn Community Development Corporation. Its project FAQ said visible demolition and environmental remediation activity was scheduled to begin April 1, 2026, describing it as the redevelopment’s first phase. The same FAQ said a second phase, including new construction, was expected to begin in late summer or early fall of this year.

A Project That Has Shifted in Scope and Cost

The Memphis & Pearl site has carried different descriptions of its size and price over the past year and a half, and those figures have not lined up cleanly across sources. As reported by Ideastream Public Media in August 2025, an earlier plan called for developing 129,000 square feet at the corner for roughly $40 million. NEOtrans, meanwhile, described the project as a $42.3 million development, while Cleveland Scene put the cost at $31 million for a version of the plan featuring 80 market-rate apartment units and 19,400 square feet of retail space.

Apartment counts have varied in the same way. NEOtrans reported a revised plan that would increase the unit count from 74 to 84 without adding height to the building’s six stories, while Cleveland Scene’s reporting described 80 market-rate units. None of those figures have been confirmed as the project’s current, final numbers.

Preserving a Neighborhood Landmark

Throughout the plan’s various iterations, preservation of the 120-year-old St. Luke’s Church has remained part of the vision. Ideastream’s August 2025 report described plans to preserve the historic church while building a mixed-use apartment building around it, a detail that drew pushback from some preservationists even as the broader project moved forward…

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