On September 27, 2017, Carnegie Management and Development Corporation was awarded the opportunity by the city of Lakewood, Ohio to design, build and own a transformative mixed-use redevelopment on a former hospital site.
The plan reimagines the urban fabric of this 6.25 acre site to contribute as much as possible to the downtown’s revitalization. The redevelopment project has been named One Lakewood Place.
Cleveland Clinic closed the hospital in 2016, and donated the land to this suburban city.
Lakewood Mayor Mike Summers said the committee selected Carnegie ue to their greater responsiveness to the city’s goals for the site.
“One of the key differences is their personal sense of risk,” Summers said. “They asked for very little in terms of public investment, except the land for nothing or $1. This particular developer has a history of building and holding properties. We have a 50- to 100-year view of the project. We have to get this right. They take a long-term view of this project. That to me was very compelling.”
“This award presents a unique opportunity to honor and transform a historic location within the Lakewood community, centered around a beautiful, one-of-a-kind public square. One Lakewood Place will be a destination to live, work and play for current and future Lakewood residents, representing another step forward in the rich history of this neighborhood and this downtown area of the City,” said Dr. Rustom Khouri, President and CEO of Carnegie Management and Development Corporation.
“Our approach will be to create a project that seamlessly integrates into the streetscape of Detroit Avenue and the delicate tapestry of the surrounding neighborhood through the use of scale, massing, texture, materials and a juxtaposition of uses that can fuel an economic engine to serve a variety of resident needs. We also plan to create a new and unique destination that can be a gathering place and focal point for the entire community with anticipated uses that will include retail, office, rental housing, for-sale housing and a parking garage,” said Senior Vice President and Project Executive George J. Papandreas, Esq., RA.
One Lakewood Place will be designed and constructed in accordance with LEED principles to ensure that best practices for sustainability are incorporated throughout the project. This will include several green design features, as well as bicycle racks or bike share stations, LED lighting and an effort to minimize the use of potable water. Carnegie’s five most recently completed development projects have all achieved LEED silver certification.
“We intend to work hand-in-hand with the representatives of Lakewood and with the public at-large. Working together, we will create a project that will serve the community, show leadership in innovative and sustainable design, appeal to the walkable nature of Lakewood and include tangible elements of the existing Lakewood Hospital as a tribute to the emotions and memories that are associated with this long-standing landmark,” said Project Manager and Development Facilitator Rustom R. Khouri III.
Dr. Khouri continued, “The entire Carnegie staff and our design and construction development team eagerly looks forward to PURSUING THIS VISION and commencing work on this most intriguing and meaningful project.”
Carnegie Management and Development Corporation is a Women-Owned Small Business (WOSB) builder-developer headquartered in Westlake, Ohio. Carnegie’s experience spans over 33 years providing build to suit and design-build services, having completed more than 155 development projects in 16 states for national, regional and local private sector clients, as well as several projects for local and federal government agencies.
All images courtesy of Carnegie.