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Cleveland, OH
The Peninsula

The Peninsula is one of the most uniquely positioned properties in Cleveland. The community is centrally located, surrounded by the Ohio City, Tremont, and Flats neighborhoods, all of which have seen significant development and revitalization in the last ten years. Those three neighborhoods, as well as downtown Cleveland, which the site also faces, represent the most concentrated job center in Northeast Ohio. This area has seen a massive influx of new residents, new businesses, and new development..

The Peninsula is connected to its surrounding neighborhoods through the Cleveland Metroparks trail system. The Towpath Trail and the Centennial Trail run directly to the site and provide connectivity in all directions. Finally, the site directly faces the Cuyahoga River. Immediately across the river is The Foundry – a rowing club and fitness center – that conducts regular programming on the river, creating activity on the waterfront and a terrific amenity for potential residents.

The Peninsula simultaneously offers outstanding views and outstanding visibility. The Sky Lounge provides unobstructed views of Downtown Cleveland and the community is visible from Terminal Tower and the Hope Memorial Bridge.

The Peninsula is surrounded by new neighborhood development, including a new taproom for Great Lakes Brewing (a Cleveland institution and one of the 20 largest craft brewers in the country), an exciting new co-working office space in an existing industrial building, and a large riverfront public park and walkway. Additionally, the Irishtown Bend Park project, a $100 million land use transformation, will create one of the largest public spaces in Cleveland and will offer views directly to The Peninsula.

The Peninsula is the cornerstone of an entirely new neighborhood in downtown Cleveland with tremendous access to jobs, restaurants, entertainment, and outdoor activities.

Product Type
Market Rate
Apartment Homes/Units
316
Status
Construction
Completion Date
05/22/2025
Our Involvement
development
construction
management
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