Cleveland Flats: $62M Hotel Planned for Historic Grain Silos

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CLEVELAND, Ohio – Imagine checking into your hotel and taking an elevator up to a room with curved walls that was once part of a grain silo dating back to the 1800s. Then looking out the window to see large lake freighters passing close by.

That could happen in the Flats in the not-too-distant future.

A project on 4.29 acres controlled by the Cleveland Metroparks on the Columbus Peninsula was awarded a $5 million tax credit by the state of Ohio on Wednesday.

Developers say it is a key part of the $62 million package they are putting together to create a hotel in the old Grain Craft silos and adjacent mill along the Cuyahoga River. They expect to start construction in 2027.

The grant was among 33 historic tax credit awards announced by the Ohio Department of Development. Among those were a dozen for the Cleveland/Akron area, including two others which received the maximum-permitted award of $5 million.

A second supports the $71.3 million renovation of the West Side Market, just up the hillside from the Flats project. And the third is for the $45.5 million renovation of a former Akron YWCA into apartments. (The full list for Greater Cleveland projects is at the bottom of this story.)

The announcement for the Flats project brought clarity for a development that has been in the works for years.

The Metroparks first assembled the land – located between the Center Street (Swing) Bridge and the Metroparks’ Merwin’s Wharf restaurant. Then in the spring, the Metroparks invited developers to come forward with a plan, whether it be apartments, hotels, recreation or something else – adding in the requirement that the 30 feet closest to the riverbank would be retained by the Metroparks for a public trail.

Ceres + LaPine Development was chosen in August, but the nature of their vision did not become clear until Wednesday’s announcement.

Dave Crzisafi, Susan LaPine and Richard Marshall of Ceres + LaPine said this portion of a multi-phase project will include about 12,500 square feet for retail and a 147-room hotel, though they declined to share the brand name for the hotel. They also would not discuss plans for the second phase.

Plans to convert the former Grain Craft silos in the Cleveland Flats into a hotel received an award for $5 million in Ohio historic tax credits.Rich Exner, cleveland.com

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CLEVELAND, Ohio – Imagine checking into your hotel and taking an elevator up to a room with curved walls that was once part of a grain silo dating back to the 1800s. Then looking out the window to see large lake freighters passing close by.

That could happen in the Flats in the not-too-distant future.

A project on 4.29 acres controlled by the Cleveland Metroparks on the Columbus Peninsula was awarded a $5 million tax credit by the state of Ohio on Wednesday.

Developers say it is a key part of the $62 million package they are putting together to create a hotel in the old Grain Craft silos and adjacent mill along the Cuyahoga River. They expect to start construction in 2027.

The grant was among 33 historic tax credit awards announced by the Ohio Department of Development. Among those were a dozen for the Cleveland/Akron area, including two others which received the maximum-permitted award of $5 million.

A second supports the $71.3 million renovation of the West Side Market, just up the hillside from the Flats project. And the third is for the $45.5 million renovation of a former Akron YWCA into apartments. (The full list for Greater Cleveland projects is at the bottom of this story.)

The announcement for the Flats project brought clarity for a development that has been in the works for years.

The Metroparks first assembled the land – located between the Center Street (Swing) Bridge and the Metroparks’ Merwin’s Wharf restaurant. Then in the spring, the Metroparks invited developers to come forward with a plan, whether it be apartments, hotels, recreation or something else – adding in the requirement that the 30 feet closest to the riverbank would be retained by the Metroparks for a public trail.

Ceres + LaPine Development was chosen in August, but the nature of their vision did not become clear until Wednesday’s announcement.

Dave Crzisafi, Susan LaPine and Richard Marshall of Ceres + LaPine said this portion of a multi-phase project will include about 12,500 square feet for retail and a 147-room hotel, though they declined to share the brand name for the hotel. They also would not discuss plans for the second phase.

Grain Craft silos, Metroparks, Flats
Plans to convert the former Grain Craft silos in the Cleveland Flats into a hotel received an award for $5 million in Ohio historic tax credits.Rich Exner, cleveland.com

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