Real Estate

New Downtown 'Landmark' Apartment Building Billed as Sophisticated, Urban Living

Developer Fairmount Properties has 10 percent occupancy for unfinished building

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.

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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.

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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.



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