New Downtown ‘Landmark’ Apartment Building Billed as Sophisticated, Urban Living

Developer Fairmount Properties has 10 percent occupancy for unfinished building

Fairmount Properties' new Landmark at Kent apartment building under construction on Wednesday, Sept. 18, 2013. Credit: Matt Fredmonsky
Fairmount Properties' new Landmark at Kent apartment building under construction on Wednesday, Sept. 18, 2013. Credit: Matt Fredmonsky

Fairmount Properties isn’t mincing words when talking about their target residents for the new Landmark at Kent apartment building under construction downtown.

“We’re going after the opposite end of the spectrum of student housing,” Adam Branscomb, project manager for Cleveland developer Fairmount Properties, said.

For Fairmount, that means they’re looking for faculty, staff and administration members of Kent State University—along with retirees, young professionals and alumni—to lease the 32 apartments.

Branscomb said amenities in the apartments, which will include stainless steel appliances, walk-in closets, french balconies, granite countertops and ceiling fans, will be unmatched in the local market.

Pricing for the units starts at $995 per month for one bed, one bath apartments and at $1,380 per month for two bedroom, two bath units.

And the first floor will be home to an exercise room for residents and restaurant Bricco, which is on target to open by Thanksgiving of this year.

“They’re certainly full speed ahead on the restaurant buildout,” Branscomb said.

The building at the corner of Erie and South DePeyster streets, across from the Kent State University Hotel and Conference Center, is expected to be open to residents by April and already has 10 percent occupancy.

Prospective residents interested in leasing an apartment can call 216-514-8700 ex. 106.

Chris (Kit) Myers September 20, 2013 at 08:10 AM
Interesting that people who can pay that kind of money for rent can pay just forty-five dollars a month to park in the PARTA deck twenty-four hours a day, while if just regular citizens like you and me want to park there every day for just three hours a day it will cost us one hundred fifty dollars a month. I really think that is crappy that that was allowed to happen. Just another indication that PARTA and Kent City Council have little regard for the average Kent citizen that pays the bills. This is a publicly funded parking building. Why do tenants in a private apartment building get such a deal? Very discriminatory. Obviously some sort of cronyism going on here. Does anyone else care? Probably not...
Teresa K. September 20, 2013 at 12:12 PM
Chris: Why DO the tenants get preferential parking privileges and rates? I've been told there isn't a parking problem in Kent
Chris (Kit) Myers September 20, 2013 at 01:14 PM
Your guess is as good as mine, Teresa. The deal was probably worked out behind closed doors prior to Fairmount starting to build. This is as bad as the overlay district crap council pulled for the student apartments on Lincoln Street which was done to avoid trying to change the zoning. If you think council cares about you, check out the condition of some of our residential streets.
Stanley September 20, 2013 at 11:12 PM
Chris you are absolutely right and for the life of me I cannot understand How this continues to happen or more disturbingly why no one seems to care! I think we were sold out long before I even care to imagine. Can there really be so few residents who don't care? Have the demographics changed so that they actually support all of this? .....just not sure anymore....
Chris (Kit) Myers September 21, 2013 at 08:40 AM
When, for instance, only 16.8 percent of eligible voters made it to the polls to vote on an 8.9 mill school levy, I'm not sure that it's because people don't care, but rather a matter of apathy. Unfortunately, we have pretty much of a one party government in Kent. We have no mayor. There is no check and balance, and we are a one newspaper town. Go to a council meeting and speak. You are facing ten faces of stone...
Bike Tracker September 21, 2013 at 10:20 AM
What is the worst here in Kent is the council persons who voted against chickens. Wayne Wilson will not get my vote again.
Chris (Kit) Myers September 21, 2013 at 03:34 PM
Maybe Wayne has lived next door to people who don't keep their coop clean.
Chris (Kit) Myers September 22, 2013 at 10:59 AM
Call the police and keep calling them. Also call the health department.
Chris (Kit) Myers September 22, 2013 at 11:46 AM
Well, talk to the health department and call your councilperson at all hours of the day and night when it happens. You do NOT have to tolerate that. If you are afraid of your neighbors you will have to live in misery.
David Reith September 24, 2013 at 04:33 PM
If you want the strip joint built next to your house, it's "Here, here." Otherwise, i.e., if you support an idea, it's "Hear, hear."


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