Deal Closed on Multi-Million-Dollar Million Clifton Pointe Project
Demolition of three Sloane Avenue homes, construction of 17 luxury townhomes set to begin this winter.
The architectural plans are done, the neighbors’ concerned addressed and the abatements granted.
Construction of Clifton Pointe — the 17-unit townhomes project on Sloane Avenue — is set to begin.
Well, first the three homes standing in the way will be demolished.
The news comes after the developers of the $10-million-dollar project bought the three parcels of Sloane Avenue land for $800,000. Developer Andrew Brickman — along with his partners, Justin Campbell and Nate Barrett — closed on the property this week.
Brickman, the man behind the 11River project on the other side of the river, said that the first phase of construction will begin this winter.
The first units are expected to be completed by next fall.
“We’re looking forward to adding a world-class project into an area that we think deserves it and can support it,” Brickman said. “When we’re done, I think we’ll get some national, if not international, recognition.”
Last month, the developers announced they were scaling the plans back from 19 to 17 townhomes — ranging from $300,000 to $600,000 — and they will all be located closer to Sloane Avenue.
The city’s architectural board of review, which approved the earlier plans, OK’d the Clifton Pointe project.
The multi-million-dollar project's plans include demolishing three homes to make way for upscale, cluster townhomes — complete with views of the Rocky River and Lake Erie.
Three prospective buyers have already lined up, Brickman said.
“I think it’s going to be a great project,” he said. “If you can see 11River, it’s the same floor plan, but just a little bit smaller.”
Brickman said the townhomes will appeal to people who don’t want to take care of an older home, but want to live in Lakewood. “As well as young professionals who want no-maintenance living with a little bit of soul — as opposed to going to a generic place like Crocker Park in cookie-cutter house.”
In September, Lakewood City Council paved the way Monday to make 13 parcels of land along the Rocky River — including the site for the proposed townhomes — a “community reinvestment area.”
The new distinction means that potential developments qualify for tax abatements.
And, in August the Lakewood Planning Commission approved a proposal to consolidate the three parcels of land in the 1300 block of Sloane Avenue into one parcel.
“We’re looking forward to working with the merchants of the West End to raise the profile of this neighborhood,” Brickman said. “I think this project will help do so.”
Check out more on this story: Clifton Pointe Project Boasts ‘Eco-Friendly’ Elements