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The Right Address
Downtown Cleveland was the right choice for a new Ohio resident.
The Heart Of It All
The 202 modern, high-end luxury apartments — one bedroom, two bedrooms and penthouses — at Residences at 55 offer all the amenities of Downtown Cleveland living. Residents enjoy beautiful finishes, the conveniences and proximity to all the attractions from the city’s iconic Public Square. It’s a five-minute walk to the Browns Stadium, five minutes to Rocket Mortgage Fieldhouse and five minutes to the Flats.
“We’re kind of right in the heart of everything,” says Doug Price IV, vice president of K&D Group, which owns the Residences at 55. The building will also soon have Rocco Whalen’s two-story Fahrenheit restaurant with a rooftop deck.
K&D Group is also redeveloping the former United Church of Christ site at 700 Prospect Avenue in the Gateway Neighborhood. The 120 residential units will be within walking distance to East Fourth Street, Public Square, Playhouse Square, Progressive Field and Rocket Mortgage FieldHouse.
CLEVELAND HAD BEEN ON SHANNON WILLIAMS’ MIND for some time before he moved here from Atlanta in January.
Having lived in Atlanta, Georgia, for 34 years, Williams was met with disbelief when he told his family and friends he was moving to the 216.
“They’re like, ‘Why Cleveland? You travel the world and why did you end up in Cleveland?’ But I had been here for some political campaigning with presidential election in 2004, 2008 and 2012 and I liked the vibe of the city,” says Williams, who is director of programs for the Society of International Business Fellows, which has about 1,700 C-level executives in 46 countries.
A planner in his remote job and a lover of the lock-and-go lifestyle, Williams says he did an extensive amount of research before coming to look at places to live in the city. His research led him to explore the Residences at 55.
“I like the urban lifestyle and here you are in the heart of the city — Public Square,” says the 57-year-old. “I like the location here (at Residences at 55) because you’re close to the Warehouse District, you’re close to the Flats, and I can still walk over to Playhouse Square. The property management staff here was terrific. They were very patient with me. I probably looked at about eight or 10 until I finally chose the one that worked best for my lifestyle.”
Exploring the sights and sounds of a new city has been good for his soul, Williams says.
“In second-tier cities like Cleveland, there’s opportunity here for people to attract remote workers and other people who are looking for a city with a little bit lower cost of living,” he adds. “From my two-bedroom apartment (that cost the same as a one-bedroom in Atlanta) I can overlook Terminal Tower right out my window every night.” — Chrissy Kadleck
This is the eighth historic conversion project in the city of Cleveland for K&D Group. “It’s kind of become like a specialty of ours,” Price says. “We have units as small as 300 square-foot studios with Murphy beds and furniture to 700 square-foot, two-bedroom units.”
Residents will be able to move in as soon as the first quarter of 2024, Price says.
“It’s a great area. The nightlife there is always great because there’s so many good restaurants plus you have all the events that happen across the street. That’s really a core area to the city.” — CK