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ErieView Development closes $218 million in financing for the W Cleveland hotel and apartments conversion at Erieview Tower.

PRIVATESep 04, 20263 days ago

Amount Raised

$218 Million

Round Type

Venture - Series Unknown

ClevelandReal EstateHospitalityHotel

Description

ErieView Development has successfully closed financing for the $218 million project at Erieview Tower. The redevelopment will convert the 40-story building into the W Cleveland hotel, expected to be Ohio's first W Hotel, along with 215 rental apartments. The project is set to open in late 2027 with extensive amenities. This venture marks a significant milestone in the company's development portfolio.

Company Information

Company

ErieView Development

Location

Cleveland, Ohio, United States

About

ErieView Development is involved in the financing and conversion of iconic structures into modern hospitality venues and residential spaces. Their latest project includes transforming Erieview Tower into the first W Hotel in Ohio, complemented by rental apartments. Founded on the principles of innovative development, they aim to enhance urban environments through strategic real estate projects.

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