wow big, big cleveland office conversion news here —
redevelopment announced for conversion of the massive and historic guilded age rose building aka longtime former medical mutual hq — into hotel/apts/retail —
Medical Mutual’s former downtown headquarters sold, will become boutique hotel, apartments
Updated: Jun. 25, 2024
By Sean McDonnell, cleveland.comMegan Sims, cleveland.com
CLEVELAND, Ohio — Medical Mutual’s former downtown headquarters has been sold, and the historic Rose Building at East Ninth Street and Prospect Avenue will have a new life as a mixed-use development.
Developer Spark GHC has bought the building and is entering in a joint venture with Cleveland Construction, according to a news release. The two firms have dubbed the mixed-use development “Project Scarlet” and say they will spend $100 million or more redeveloping the building.
more:
https://www.cleveland.com/news/2024/...partments.html
The Rose Building, at East Ninth Street and Prospect Avenue in downtown Cleveland, had been the headquarters of Medical Mutual of Ohio since 1947. It is now under new ownership. File photo. The Plain Dealer