A luxury apartment building developed in the heart of one of Cleveland's most popular neighborhoods has set all kinds of sustainability records.
The development of Intro Cleveland at 2075 W. 25th St. earned a 2023 CoStar Impact Award as Multifamily Development of the Year in Cleveland, Ohio, as judged by real estate professionals familiar with the market. The property was owned and developed by Northbrook, Illinois-based Harbor Bay Ventures.
Harbor Bay invested $150 million to build Intro Cleveland, a nine-story property built with mass timber that has 505,000 square feet, including 297 apartments, 35,000 square feet of retail space, an event venue and an acre of green space. The property is one of the largest residential mass timber buildings in the U.S., and is also a textbook example of how to best use energy-efficient materials and design such as LED lighting, HVAC systems and low-flow fixtures.
Intro Cleveland has three restaurants all owned and operated by Harbor Bay Hospitality, a subsidiary of Harbor Bay Ventures. Its 12,000-square-feet Truss Event Venue is at the top of the building and will host corporate events and weddings with the Cleveland skyline as its backdrop.
The property is located in the heart of Ohio City, Cleveland's hip cultural district filled with restaurants, breweries and nightlife. Ohio City is also home to West Side Market, an iconic Cleveland staple that has been the longtime home of food and produce vendors. Intro Cleveland's doors are just across the street from West Side Market.
Intro Cleveland was built upon Market Plaza, a former brownfield strip center property with asphalt surface parking and ground contaminants. Harbor Bay worked with five tenants of Market Plaza to find new homes in the Ohio City neighborhood.
About the project: Intro Cleveland at 2075 W. 25th St. in Cleveland, Ohio, is an nine-story multifamily building with 297 apartment units and 505,000 square feet. The property was completed in April 2022 and is owned by Harbor Bay Ventures.
What the judges said: "Intro's scale and significance is a game changer for the West Side Market neighborhood," said Peter Volas, senior director of real estate at Cleveland Clinic.
"I selected Intro given its better use of street-level spaces for new retail that adds to the walkability of the neighborhood. The connectivity to the West Side Market with residential, commercial and retail give Intro an edge. The novel construction engineering helped in the decision as well," said Antonin Robert, president of community development at GBX Group.
They made it happen: Tom Pope, partner at Hartsthorne Plunkard Architecture; Thomas Mende, president and CEO of Binderholz Timber; and Mark Panzica, executive vice president of Panzica Construction Company.
