Downtown Development | The City of Lakewood, Ohio

Downtown Development

Mixed-Use Development in the Heart of Lakewood


This website serves as the landing place for detailed information throughout the Downtown Development Process.  Please continue to check the website for updates.

November 11, 2020

JOINT STATEMENT REGARDING ONE LAKEWOOD PLACE

In 2018, The City of Lakewood (the “City”) and Carnegie Management and Development Corporation (“Carnegie”) entered into an agreement regarding the redevelopment of the Lakewood Hospital site.  Over the next two years, Carnegie worked diligently, and expended significant resources to listen to neighbors, engage the Lakewood community, develop a compelling vision and design for the site and attract tenants. Meanwhile, the City demolished the hospital building and worked to prepare the site for development.  Despite this progress, the City and Carnegie have determined not to proceed with the development and have resolved all outstanding issues relating to the project.

The City and Carnegie reach this mutually agreeable resolution and wish each other well.