By JAY MILLER1:03 pm, April 2, 2008
It was déjà vu. K&D Group of Willoughby again was the only bidder for the Cuyahoga County-owned Ameritrust complex, bidding the minimum $35 million.
K&D is proposing a $200 million makeover of the east side of East Ninth Street, from Euclid Avenue to the Prospect Avenue-Huron Road crossing.
The mixed-use project would include a new, 13-story, 300,000-square-foot office building at the south end of the block, with the existing Marcel Breuer-designed office tower converted into a hotel and apartments.
“I have every confidence this will be a project of national significance,” said K&D CEO Doug Price. Mr. Price said he already is hearing interest from office tenants.
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