Belle Oaks Marketplace is a 70 acre master planned development, consisting of mixed-use retail and multi-family with an estimated project cost of $285 million, located in the greater Cleveland MSA. The project is comprised of a 798 luxury one and two-bedroom luxury apartments, and 159,000 square-foot Meijer Grocery Supercenter, and 109,345 square feet of restaurants and daily-needs retail. The property is being redeveloped from the former Richmond Town Square super regional mall into an approximate 1.8 million square foot live-work-play community developed in four development phases. The property is joined by a 160,000 square-foot, operating class A climate-controlled (self-storage) Life Storage Center. The project is being developed in four phases. Below is phase 2 which is further described in more detail.
Phase 2
Phase 2 is part of Belle Oaks Marketplace, a master planned, mixed-use development consisting of 312 luxury apartment units and 57,875 square feet of street level retail in six buildings. The proposed improvements will be located on a 16.09 acre site at 631 Richmond Road in Richmond Heights, Ohio.
Phase 2 - 16.09 acres
Total Units to be built: 312 Total Luxury Apartment Units
· Building 8: 63 units
· Building 9: 88 units
· Building 10: 57 units
· Building 11: 47 units
· Building 12: 0 units
· Building 14: 57 units
Total Square footage (including retail): 589,894 sf
· Building 8: 118,000 square feet (plus 23,600 square feet of underground parking)
· Building 9: 157,660 square feet (includes 10,600 square feet of retail)
· Building 10: 133,075 square feet (includes 23,144 square feet of retail)
· Building 11: 75,350 square feet (includes 4,400 square feet of retail)
· Building 12: 10,559 square feet
· Building 14: 95,210 square feet (includes 9,200 square feet of retail)
Total Retail Square footage: 57,875 sf
· Building 9: 10,630 square feet
· Building 10: 23,145 square feet
· Building 11: 4,400 square feet
· Building 12: 10,500 square feet
· Building 14: 9,200 square feet
