Downtown Development Community Update, April 14, 2022

On Monday, April 11th, Lakewood City Council’s Committee of the Whole met to continue the discussion regarding the proposed Downtown Development Project. Watch the 4/11/22 Committee of the Whole meeting below.

City of Lakewood Recommends Plan to Redevelop Former Lakewood Hospital Site

Mixed-use project will keep a rapidly-growing business in Lakewood while adding hundreds of housing units, retail space, and a public plaza On Monday, April 4th, Mayor Meghan F. George and the City’s Planning and Development Department will present the term sheet for redevelopment of the former Lakewood Hospital site in downtown to Lakewood City Council. […]

Downtown Development Community Update, August 16, 2021

Over the past 8 months, the City of Lakewood and CASTO / NPR have been working to update the 2017 proposal that was submitted in response to the City’s call for proposals to redevelop our nearly 6-acre property Downtown.  During this time the City and CASTO / NPR have been working on the following: This […]

Downtown Development Community Update, May 21, 2021

Conversations and progress on the Downtown Lakewood site continue! The city administration, with representatives from city council and the resident advisory panel, toured CASTO’s most recent Dexter project in Ohio City. We are looking forward to CASTO’s updated proposal for the Downtown Lakewood site.  More information can be found at: https://castoinfo.com/commercial/portfolio/ohio/the-dexter.

Downtown Development Community Update, May 14, 2021

The City and the CASTO development team have been hard at work discussing a term sheet and revisiting the original proposal in light of current market and site conditions. The Downtown Development Resident Advisory Panel has been reengaged and will discuss the updates to the plan before the zoning process begins. The Planned Development rezoning […]

Downtown Development Community Update, Dec. 22, 2020

On December 21, 2020, City Council voted unanimously to permit Mayor George and the administration to enter exclusive negotiations with CASTO and North Pointe Realty, working towards building a term sheet for the downtown development project.  In 2017, CASTO and North Pointe Realty (CASTO team) were one of two teams selected as the most qualified […]

Joint Statement Regarding One Lakewood Place

In 2018, The City of Lakewood (the “City”) and Carnegie Management and Development Corporation (“Carnegie”) entered into an agreement regarding the redevelopment of the Lakewood Hospital site.  Over the next two years, Carnegie worked diligently, and expended significant resources to listen to neighbors, engage the Lakewood community, develop a compelling vision and design for the […]