WXZ Development plans 30 apartments in two University Circle projects on East 118th Street

Posted March 16, 2012 in Articles

Author: Michelle Jarboe McFee, The Plain Dealer

A developer wants to build 30 apartments in two projects off East 118th Street in Cleveland, to meet growing renter demand in University Circle.

WXZ Development Inc. will build rentals as the last phase of Circle 118, a for-sale townhouse project at East 118th and Euclid Avenue. The Fairview Park developer plans to start construction next month on 10 apartments in a three-story building.

And the company is trying to buy nearby land from the Greater Cleveland Regional Transit Authority, for a 20-apartment development. The transit agency's board is set to vote Tuesday on the potential sale, of 0.38 acres for $147,500. Once a bus waiting zone and turn-around, the property has not been used for years.

Original Article: http://www.cleveland.com/business/index.ssf/2012/03/wxz_development_plans_30_apart.html