University Circle could see parking lot become $100 million tech, office and apartment complex

Posted March 06, 2012 in Articles

Author: Michelle Jarboe McFee, Plain Dealer Reporter

Offices, apartments, a hub for tech companies and a 700-car garage could rise from a surface parking lot at the edge of University Circle and Little Italy starting early next year.

After years of discussions, University Circle Inc. has picked a plan and developers for one of the most pivotal pieces of real estate in the dynamic Cleveland neighborhood.

The Coral Co. of Cleveland and Panzica Construction Co. of Mayfield Village aim to build a $100 million-plus project on 2.2 acres off Mayfield Road, north of Circle Drive.

Original Article: http://www.cleveland.com/business/index.ssf/2012/03/university_circle_could_see_pa.html