New luxury apartments coming to Akron’s East End
From Crain’s Akron Business: The new units will be a little fancier and priced a little higher than the apartments Industrial Realty Group already has developed and easily leased across the street, company executives said. The $20 million project is the third phase of the redevelopment of the former Goodyear headquarters complex.
Industrial Realty Group has begun construction of more than 60 new units at its East End development on East Market Street.
The units will cost about $20 million to build out and will lease for more than IRG’s existing East End apartments across the street, where Goodyear Hall was formerly located, IRG senior development manager Michele Kiernan said. The new residences represent the third phase of IRG’s development of the former Goodyear headquarters complex.
“We are building what we’re calling The Lofts at the East End. It’s 66 units. Fifty-six are one bedroom, and10 are two bedrooms. They sit on the fifth, sixth and seventh floors” of Goodyear’s former headquarters, Kiernan said.