October 12, 2005
Details
Information

To find out more about what
The Avenue District has to
offer, contact:
Don Picciano - 216.274.0080

Details

Coming in 2006 to E 12th & St. Clair

$200+ million dollar residential development project for the City of Cleveland

Incorporating 400+ residential units such as:

  • Luxury town homes
  • Lofts
  • Condominiums
  • Live-work units
  • Penthouses

Additional Retail & green space

  • Possibilities include: clothing boutiques,
    cafés, art galleries, and bookstores

Click here to visit the website

 
Who is Zaremba?

    Since 1920, the Zaremba family has been known throughout the Cleveland area and beyond as the creator of award winning, family-oriented neighborhoods that enrich and complement the heartbeat and tempo of each of its community’s surrounding areas. A combination of Zaremba’s clear-cut vision, creativity and architectural expertise, along with its long tradition of design and construction know-how, has resulted in exceptional communities throughout Northeast Ohio.  Today, Zaremba continues that tradition with the new development, The Avenue District, at E. 12th and St. Clair in Downtown Cleveland.

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Tax Abatement Enticing People Downtown

    Does a tax abatement sound good to you?  The City of Cleveland thinks it will and is exactly why they are offering a 100% property tax abatement for 15 years.  All new residential construction projects, like The Avenue District, and other redeveloped properties are eligible for this incentive.  Now is the best time to purchase your dream townhome or loft.

    Through this program a buyer is tax abated 100% of their property taxes for 15 years.  What an incredible opportunity for savings! Based on the 2004 tax year, the property tax rate for purchasing a new home in Downtown Cleveland was 1.99%.  As an example, a new home in Downtown Cleveland costing $300,000 would save the buyer...

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The Rebirth of City Living

City Living Series Part 1

    Lifestyle – a buzz word in the home building industry among developers and potential buyers. It is a unique term that is transforming the way new neighborhoods are planned.  It is also a word at the forefront of Zaremba’s mind regarding their plans for The Avenue District.

    Incorporating ones lifestyle is an important factor when making a decision to purchase a new home. Everyone wants to live in a community where they find everything at their fingertips.  But, where can you truly find this place without having to drive?  The city is just that place.  A rebirth of city living is blossoming across the country with downtown residential developments like The Avenue District.  

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Zaremba