Crain’s Business – It’s a lofty new view of the West Shoreway

Historic former tool and die shop will become an apartment building in $10 million makeover Stan Bullard | Crain's Cleveland Business | August 25, 2013 Loft living will join with looks at the lakefront as a former tool and die shop along Cleveland's West Shoreway is converted to apartments in a $10 million-plus makeover. The property at 1260 West 76th Street is next to a recently upgraded pedestrian tunnel connecting West 76th to the beach at Edgewater Park. Construction is under way on the project, which involves a partnership that includes the building's owner, the Catanzarite family — the family behind Pat Catan's Craft Centers — Nationwide Insurance Co. of Columbus and Tracy Green, a founding principal of Ohio Realty Advisors in Richfield. The project, appropriately dubbed “The Shoreway Building,” is led by Nick Catanzarite, a lawyer in the real estate unit of Walter Haverfield LLP, and Mr. Green, whose firm will serve as construction manager for the conversion and property manager after the building opens. The two most recently worked together on the Goodyear Tire & Rubber Co. headquarters developed by Industrial Realty Group of California, a large client of Ohio Realty. < READ MORE >