WESTLAKE, Ohio-- Plans are under way to significantly expand Crocker Park, already one of the greater Cleveland area's most popular shopping and dining destinations.
With trendy retail stores, popular restautants, more than 200 residential units, a theater and more Crocker Park is at 100% capacity, according to developers.
"This is a very significant development that is really on the back of what has happened to date," said Steve Rubin of Stark Enterprises, adding, "What has happened to date is we have a couple hundred residential units that are for rent that are 100% leased with a waiting list. You have retail that is fully-leased; you have office that is fully-leased."
The planned phase 3 will expand Crocker Park south towards the future new home of American Greetings.
The $69-million plan includes more than 300 new loft-style apartments and retail space in four new buildings.
"I can say without any hesitation that interest is very strong and we feel very confident that the units will be absorbed quickly, especially with American Greetings coming and the other things that we are looking forward to announcing in the near future," said Rubin.
Stark Enterprises has already made its proposal for the development to the city of Westlake, including a rendering of the apartment unit.
Westlake Director of Planning and Economic Development tells FOX 8 that a rendering of what the project might look like is just a proposal at this time.
Discussions between the developer and the city are under way to try and iron out the final designs.
"The reaction was overall very, very positive," said Rubin of his discussions with city representatives.
"Some things that they asked us to look at as far as the transitions between phase one of Crocker Park and phase 3 and how the buildings are 'knit' together. I think that's the terminology they used, and those are good comments," he added.
Rubin expects to have everything worked out by late January and, weather permitting, work should begin on the newest phase shortly thereafter.
The newest phase of Crocker Park is expected to be ready to open in 2015.