An Active Lifestyle

One couple opted to live in Duck Island for the next stage of their lives.

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Coming out of the most unprecedented period in real estate, the Cleveland market has started to stabilize with residential pricing adjustments in the higher price point markets as well as fewer extreme bidding wars, says Ted Theophylactos, president of Ted & Co. Real Estate Team at Howard Hanna Real Estate Services.

“Slowly but surely we’re seeing some improvement in pricing,” Theophylactos says, adding that sales are still strong and it remains a seller’s market. “We are still attracting a lot of people to the city neighborhoods. And this is creating some more opportunity for people to get a home.”

Theophylactos says he’s thrilled to announce that he has an 11-unit project coming in Ohio City. Then there’s North Park Place, a new development of 34 residences on a tree-lined neighborhood in University Circle, walking distance from world-class institutions, museums and attractions. New construction of luxurious, curated, higher-end single family homes in the highly coveted Clinton Avenue District and Duck Island neighborhoods are providing more options.

FOR LONG-TIME SUBURBANITES HEATHER AND MATT SNYDER, moving into their three-story townhome in Cleveland’s Duck Island aligns with the vibrant, active city life they envision as soon-to-be empty nesters.

That means a two-mile, two-wheel commute for Matt, who works for the U.S. Army Corp of Engineers in Downtown, and the same short commute for Heather, a teacher with Cleveland Metropolitan Schools and Cleveland State University, who drives only because of the work items she has to tote daily.

The couple, who relocated in November to the neighborhood tucked between Tremont and Ohio City from their family colonial in Olmsted Falls, has always loved going Downtown for dinner, entertainment and nights out, as well as taking in a game or accessing the Metroparks.

“What was wonderful about this particular location in Duck Island is we’re able to be so close to whatever we want to do,” says Heather, adding that both their boys are in college. “We walk now to the West Side Market just to go grocery shopping. We walk to all the restaurants and we walk to go see a basketball game. We can jump over to the Metroparks for a walk or a run or ride the bike.”

The city views are spectacular from the open and airy modern home that overlooks the Cuyahoga River and its illuminated bridges and spans just under 3,000 square feet with a rooftop deck.

He’s especially excited about The Residences at The Guardian, which is the first of its kind development in more than 15 years. This Downtown high-rise of 14 luxury condos offers spectacular city views, a prime location at E. 6th and Euclid and the rare chance to own a piece of Downtown with attractive tax abatement incentives.

“We can see Guardians on the Hope Memorial Bridge and the Terminal Tower with the lights changing at night,” Matt says. “We can see Progressive Field, and we can turn another direction and see the West Side Market. The river is right below us so it’s really neat when a ship comes through. We are excited to have this type of living as our next chapter.”

— Chrissy Kadleck

“There are more equitable chances coming in the tax abatement program as well to encourage buyers to invest in the city,” he says. — CK