Warner & Swasey - Coming Soon!
5701 Carnegie Avenue, Cleveland, OH, 44103
Pennrose and MidTown Cleveland are reimagining the historic Warner & Swasey site into a vibrant new anchor for Cleveland’s Midtown neighborhood. The comprehensive Warner & Swasey rehabilitation will transform the 194,000-square-foot former manufacturing facility into a vibrant mixed-use, mixed-income community. Once complete, the initiative will preserve the five-story historic landmark, which has sat vacant since 1985, and deliver 112 rental apartments in the first phase and approximately 28 units and 22,000 square feet of commercial space in the second phase.
Plans for the community feature studio, one-, and two-bedroom apartments designed to serve individuals, seniors, at families at a wide range of incomes, including affordable housing units available at 30% to 60% of Area Median Income (AMI) in the first phase and additional housing units serving higher incomes in Phase 2.
The project will be developed in two phases: phase I will deliver two 56-unit condominiums, one for seniors and one for families; phase II will add 28 units of housing with integrated commercial space. The development team plans to preserve and incorporate the building’s unique architectural features into amenity spaces, including a second-floor rooftop terrace and outdoor gathering spaces.
Fill out the contact us form at the bottom of this page to be notified when leasing begins.
