537 apartments for Cleveland’s East Side get boost

Signet Real Estate Group’s proposed Midtown development was rapidly advanced from a conceptual design application to final approval today by the Cleveland Planning Commission’s Design Review Committee. It is just one of projects moving forward on the city’s East Side (Vocon). CLICK IMAGES TO ENLARGE THEM.

Five big housing projects appear ready to advance

In recent weeks, five major residential developments on Cleveland’s East Side are seeing substantial progress that could propel them to construction by the end of the year. And, 12-18 months thereafter, 537 new apartments, many of them with below-market rents, could be ready for residents to move in.

Of the five, the largest housing development is also the latest to be proposed — a 159-unit complex of three apartment buildings planned by Akron-based Signet Real Estate Group’s. With the temporary working title of Midtown Site, it is proposed to be built on a large parking lot at 4209 Euclid Ave. in Cleveland’s Midtown neighborhood.

At today’s meeting of the City Planning Commission’s Design Review Committee, the project was fast-tracked from a conceptual application to final approval. The development is located in the Midtown Mixed-Use District, a zoning area along Euclid. The project will serve the East Side’s growing workforce and student housing market…

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