developer buys an old car lot on 16000 block of detroit avenue for a 160+ unit development w/ground floor retail —
August 08, 2023 01:35 PM
2 HOURS AGO
Developer snags former Lakewood auto dealership site for $2.6M
STAN BULLARD
The former Steve Barry Buick properties in Lakewood are under the control of Rocky River-based real estate developer NewBrook Partners, whose partners have signaled plans for a major apartment-retail project on the site.
Lakewood Detroit LLC, which lists NewBrook's office in downtown Rocky River, paid $2.6 million for the 2.74-acre site, according to Cuyahoga County property records. The property, which spans both sides of the street around the 16000 block of Detroit Avenue, was sold July 6 by Fairlane Realty Co. of Lakewood.
NewBrook plans to pursue a mixed-use project consisting of [160+] apartments with retail space and amenities for tenants on the first floor, according to Shawn Leininger, Lakewood director of planning and development.
https://www.crainscleveland.com/real...-site-lakewood
Google Earth — The former Steve Barry Buick car dealership land in Lakewood has been acquired by a Rocky River-based realty developer. Buick buyers for generations had bought vehicles on the firm's new and used-car lots.