Cleveland receives $15 million in federal funding to transform the historic Huntington Building

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Cleveland receives $15 million in federal funding to transform the historic Huntington Building
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The Millennia Companies plans to turn the 100-year-old structure into 864 apartments aimed at moderate and low income residents, plus create a 61-room boutique hotel, a high-end restaurant, offices, storefronts and event space.

CLEVELAND, Ohio -- Plans to transform the Huntington Building from offices to nearly 1,000 downtown apartments, a hotel and other uses have received a boost with a $15 million loan from the federal Department of Housing and Urban Development., the Millennia Companies plans to turn the 100-year-old structure into 864 apartments aimed at moderate and low income residents, plus create a 61-room boutique hotel, a high-end restaurant, offices, storefronts and event space.Frank T.

And Sen. Sherrod Brown said he the project is a good fit for downtown: “This investment continues downtown Cleveland’s revitalization and will create affordable housing so that Ohioans who work downtown whether it’s at Playhouse Square or Rocket Mortgage Field House or the Natural History Museum, can access housing close by.”that was created to fund projects that have the potential to be major economic drivers.

The building dates back to construction in 1923-24, first known as the Union Trust Building, according to the Encylopedia of Cleveland History. “Its only major addition since 1924 was seven stories added in 1961 to a part of the building that had been topped off at the 14th floor. The building’s chief architectural feature is the L-shaped three-story banking room, the largest in the country in 1924,” the encylopedia notes.The Millennia CompaniesThe Millennia Companies

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