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Breaking Ground

Moving on up: The Edge on Euclid is downtown's first off-campus student housing high-rise.





A 262,000-square-foot, 11-story luxury apartment building is not only the newest addition to the skyline, but the first of its kind in downtown Cleveland—meeting demand for both high-end off-campus student housing and affordable urban apartments for the young professional crowd.
 
Enter the Edge on Euclid (1750 Euclid Ave.), which sits just adjacent to Cleveland State University and Playhouse Square. Along with close proximity to campus and culture, the building also offers a quick commute to schools like Case Western Reserve in University Circle and a central location for recent graduates just launching their careers in Cleveland.
 
The Edge is the first new residential construction project in the Campus District in more than 10 years, according to developers St. Louis-based CRG and San Diego-based Koman Group, which began eyeing the former Jewish Federation property around 2014.
 
The property on Euclid fit CRG’s needs, says CRG President Chris McKee. “We were looking for properties very close to colleges and universities of a certain size,” he explains of the project. “CSU fit perfectly. We saw the demand in the market, and the Edge is across from campus and Playhouse Square. You can’t find a better location.”
 
Chicago-based Clayco served as design-builder on the $60 million project, while its subsidiary Forum Studio was the architect. Demolition on the property began in December 2015, with construction starting in January 2016 and taking 18 months to complete. The Edge began pre-leasing last September, with the first residents moving in this July.
 
The concept in the 240-suite building caters to younger tenants in that the studio, one-, two- and four-bedroom apartments are rented “by the bed" (as opposed to by the unit). Each tenant has his or her own individual lease—saving roommates the hassle of finding new roommates and covering rent if someone moves out. To that end, each bedroom has its own keycard access, as well as its own bathroom and large closet.
 
The exterior facade consists of glass, brick and fiber cement panels. The fully-furnished apartments come in 15 different floor plans, ranging from 492 square feet to 1,391 square feet. Rents range from $649 to $849 per room, depending on size. All units come with a flat-screen television, washer and dryer. The kitchens have granite countertops and upgraded appliances, and vinyl plank flooring runs throughout the space. The Edge is pet-friendly, and residents can log onto free wi-fi throughout the building.
 
Private study rooms are accessible to all residents, as well as a state-of-the-art fitness center, while an 11th floor glassed-in rooftop deck offers a game room and what McKee calls “the best views in the building." Other amenities include a parking garage, fire pit with seating lounge and a grilling area.
 
Constantino’s Market will sell groceries and coffee on the ground floor. “We’re really pumped to have them in the building,” says McKee. “Residents can get a cup of coffee and not have to leave the building.” (Should other needs arise, residents won’t have to venture far as the neighborhood currently boasts a 94/100 Walk Score.)
 
McKee says the Edge has been attractive to both students and downtown workers—by mid-July, the studio and one-bedroom units were completely leased. “We’ve had some young professionals move in already, with all of the activity in the [Health-Tech Corridor] and Playhouse Square,” he says. “The Edge is open to anybody, and we’re really excited about it.”

See a video rendering of The Edge on Euclid:
 

Read more articles by Karin Connelly Rice.

Karin Connelly Rice enjoys telling people's stories, whether it's a promising startup or a life's passion. Over the past 18 years she has reported on the local business community for publications such as Inside Business and Cleveland Magazine. She was editor of the Rocky River/Lakewood edition of In the Neighborhood and was a reporter and photographer for the Amherst News-Times. At Fresh Water she enjoys telling the stories of Clevelanders who are shaping and embracing the business and research climate in Cleveland.
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