The Lakewood Department of Planning and Development prepares a quarterly commercial space 
availability report that measures retail occupancy. The latest report indicates that retail occupancy is up 2% from the previous quarter, continuing a trend of increased occupancy citywide. Both Madison and Detroit Avenues saw retail occupancy rise amid new construction and retail rehab city wide.
While the numbers themselves show a positive outlook for the city, actually seeing these spaces under construction and filling with new tenants is even better. Panera Bread opened on Tuesday in the INA Building at St. Charles and Detroit. The building is undergoing a multi-million dollar renovation and will be accompanied by new tenants in coming months. Nearly across the street at 15000 Detroit will feature a newly renovated complex featuring Five Guys Burgers & Fries and other tenants opening after Thanksgiving.
availability report that measures retail occupancy. The latest report indicates that retail occupancy is up 2% from the previous quarter, continuing a trend of increased occupancy citywide. Both Madison and Detroit Avenues saw retail occupancy rise amid new construction and retail rehab city wide.While the numbers themselves show a positive outlook for the city, actually seeing these spaces under construction and filling with new tenants is even better. Panera Bread opened on Tuesday in the INA Building at St. Charles and Detroit. The building is undergoing a multi-million dollar renovation and will be accompanied by new tenants in coming months. Nearly across the street at 15000 Detroit will feature a newly renovated complex featuring Five Guys Burgers & Fries and other tenants opening after Thanksgiving.
Labels: Planning
posted by The City of Lakewood, Ohio at
2:26 PM
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