The for-sale housing market remains tepid in many Cleveland neighborhoods, but it never really cooled down in Tremont. That's because this historic neighborhood remains popular, full of vitality and, frankly, small, which means there never is an abundance of houses on the market. When a properly priced Tremont house is listed, it usually sells.
And that's certainly true of the Cottages on Thurman, a new Tremont development. Developer (ARC) form
of Tremont has pre-sold two detached, green-built townhomes off of plans. Principal and founder Jeffrey Eizember expects to break ground and go vertical within the next two months.
"It's a very efficient design," he says. "Our philosophy is that we want to help the buyer get a customized product that is not exorbitantly priced."
With starting prices at $379,900, the townhomes might become the first LEED-certified units in Tremont (the ratings are preliminary at this point) and the first to participate in the Department of Energy Home Challenge. Additionally, they have an unusual design feature: the bedrooms are located on the second level, while the living spaces are on the third level to best take advantage of the views.
"How often do you spend time in your bedroom other than going to sleep?" Eizember asks. "Why give all the good views to that area?" The benefits don't stop there. "This layout also puts the living level in closer proximity to the rooftop deck."
That rooftop deck will offer even better views of downtown Cleveland, the industrial Cuyahoga Valley and the church spires and steeples for which Tremont is well known.
The units, which are a little over 2,000 square feet, have attached two-car garages, two bedrooms, two and a half baths, 100-year-old reclaimed maple flooring, and tankless hot water heaters to maximize efficiency, among other features.
The developers also will harvest 60 percent of the rainwater accumulated on site. "It can be used for irrigation or to wash off your car," Eizember explains, adding that, "Ninety percent of the site is permeable."
(ARC) form is a design and construction firm that blends architectural services, contracting and interior design into one package. The firm specializes in "using conventional materials and techniques in unconventional means."
With just two lots available, the project already is sold out. "We didn't have a hard time selling them once they were listed," Eizember says. "They went pretty fast."
Source: Jeffrey Eizember
Writer: Lee Chilcote