Do you remember the Cowell & Hubbard jewelry store at 13th and Euclid? Crain’s Cleveland reports (and Stan Bullard writes) The Playhouse Square Foundation has purchased the building. (The Realtor® in me saw the sale price: $1 mil for 43,000 square feet and said hmmm, prime location Downtown and it sold for a million dollars….puts other asking prices in perspective for me).
One of the things this building might be used for is to further the idea of a Design District along that route. I blogged about that CSU Forum here. Art Falco is PlayHouse Square Foundation’s President:
“….Mr. Falco noted the city of Cleveland’s Civic Vision 2000 master plan identifies the corner as a potential housing site. He said the storefront also gives the building a possible showroom for a consumer products or industrial design firm, which would be in keeping with a use envisioned by promoters of a Design District on Euclid.
Ned Hill, vice president for economic development at Cleveland State University who is involved in the Design District effort, confirmed that the Cowell & Hubbard building would be of interest to his group as a location for design talent or a showroom….”
There were other bidders on the building…..the buzz seems to be that the Silver Line route, the planned streetscaping, and the general master plan for the area created the energy for the purchase. Peace out – 3C