Residential High-Rise Celebrates Cleveland Grand Opening

CLEVELAND — Cleveland's first residential high-rise since 1974 celebrated its grand opening this week. The Beacon is a $95 million project in the city's Central Business District.

The complex was designed by Stark Enterprises and Reuven Dessler. A ribbon-cutting ceremony was held Wednesday to commemorate the the completion of the project.

“We want residents of The Beacon to feel as though they can live their best life, with the concept of luxury living and having everything you need right at your fingertips,” said Ezra Stark, COO of Stark Enterprises. “With the ease of walking to work, going for a nightly stroll through Public Square, joining a happy hour on East 4th Street, and catching a game in your backyard, we are the new style of downtown living.”

The ribbon cutting included a welcome speech by Stark Enterprises CEO Bob Stark and Cuyahoga County Executive Armond Budish. Guests toured model suites, saw fitness demonstrations in the Beacon's Wellness Studio, enjoyed a sunset toast in the Sky Lounge and were given a special glimpse of the view over the city.

The Beacon is composed of 19 floors of residential developments and 187 units. The residential portion of the complex rests atop three restaurants — Heck’s Express, Balance Grille, and Potbelly’s — and a parking garage.

“As Cleveland continues to grow and flourish, we are thrilled to be a major pillar in this exciting renaissance helping achieve Downtown Cleveland Alliance’s goal of 20,000 downtown residents.” said Stark.