{"id":1004126884,"date":"2015-09-03T10:36:53","date_gmt":"2015-09-03T18:36:53","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=359991"},"modified":"2022-12-04T17:39:43","modified_gmt":"2022-12-05T01:39:43","slug":"transformative-development-takes-root-in-independence","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/transformative-development-takes-root-in-independence\/","title":{"rendered":"Transformative Development Takes Root in Independence"},"content":{"rendered":"<p><em style=\"text-align: justify\">By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\">The city of Independence, Ohio is planning something big. Having recently teamed up with Cleveland-based <a href=\"https:\/\/fairmountproperties.com\/\">Fairmount Properties<\/a>,\u00a0the city intends to transform a plot of public land into a mixed-use district.<\/p>\n<p style=\"text-align: justify\">The project calls for the development of two city-owned sites totaling 33 acres of land. One is located on the north side of Rockside Road at Oak Tree Boulevard, while the other is at a former middle school on Brecksville Road. The city has already approved a series of plans for both sites, without disclosing the cost of the development.<\/p>\n<p style=\"text-align: justify\">Independence purchased the Rockside Road site in 2014 from Duke Realty Corp. for $2.5 million. Together with Fairmount, it now plans to turn the land into a walkable mixed-use district, with retail, restaurants and residences. Meanwhile, at the former middle school site on Brecksville Road, the two partners will build for-sale housing options that do not currently exist in the area. They will all be marketed to young professionals and &#8216;empty nesters&#8217;. The city of Independence revealed that the Brecksville Road site may also include a neighborhood retail center.<\/p>\n<p style=\"text-align: justify\">For now, Fairmount and the city said that they plan to focus on pre-development activities. The two entities hope to produce initial phases of the project by 2017.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The city of Independence is planning something big.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1584,21782,21752,21742],"tags":[],"class_list":["post-1004126884","post","type-post","status-publish","format-standard","hentry","category-cleveland","category-development","category-mixed-use","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Transformative Development Takes Root in Independence - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/transformative-development-takes-root-in-independence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transformative Development Takes Root in Independence\" \/>\n<meta property=\"og:description\" content=\"The city of Independence is planning something big.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/transformative-development-takes-root-in-independence\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-09-03T18:36:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-05T01:39:43+00:00\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transformative-development-takes-root-in-independence\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transformative-development-takes-root-in-independence\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"Transformative Development Takes Root in Independence\",\"datePublished\":\"2015-09-03T18:36:53+00:00\",\"dateModified\":\"2022-12-05T01:39:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transformative-development-takes-root-in-independence\\\/\"},\"wordCount\":216,\"commentCount\":0,\"articleSection\":[\"Cleveland\",\"Development\",\"Mixed Use\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transformative-development-takes-root-in-independence\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transformative-development-takes-root-in-independence\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transformative-development-takes-root-in-independence\\\/\",\"name\":\"Transformative Development Takes Root in Independence - 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