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 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."
Chris (Kit) Myers May 26, 2014 at 09:03 PM
It is definitely preferential treatment for the tenants of the apartment building and downtown workers, and it's really crappola no matter how anyone tries to spin it. It you or I go there and park just three hours per day for thirty days it will cost us each one hundred fifty dollars. In other words, dear readers, we are subsidizing people who can afford more than one thousand dollars per month in rent. We have once again been snookered by the good folks at city hall and the PARTA administration. We just got snookered by the Board of Education, too. Somehow they couldn't come up with the same story about the school closings. Who knew what and when did they know it? Schoolgate, right here in Kent, Ohio. Shame, shame. Enjoy your new school tax and police station tax and Portage County parks tax. What the hell, everybody in Kent is rich, right? New buildings and 700 new jobs downtown. Where's the real estate tax and income tax from all those people going?


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