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The Welleon

LOCATION: Cleveland, OH

TYPE: Multifamily and Mixed-Use Development

Bond Street is transforming an assemblage of lots along Detroit Avenue into an activated and energized mixed-use community development in the Gordon Square Arts District. The mid-rise project, The Welleon, will include retail, co-working office space, and 122 apartments situated around a central public courtyard, with a 102-space below-grade parking structure.

The project will include new exterior public space, and expansive sidewalks along Detroit Ave to encourage pedestrian traffic and public gathering. The central courtyard may be used for public events such as farmer’s markets and art walks.

Gordon Square Arts District recently measured as the premium rent-earning neighborhood in Cleveland, surpassing Tremont, Ohio City and Cleveland downtown. To date, apartment construction in Gordon Square has consisted entirely of multifamily buildings without commercial uses, built blocks north of Detroit Avenue – leaving a gap in the market for the most in-demand property type – mixed-use multifamily with an active commercial tenant mix in a highly walkable location. The block-thru Property enjoys 300’ of frontage along the neighborhood’s main commercial corridor, and is a 10-minute walk to many of the best restaurants and entertainment venues in Cleveland.

Bond Street is a Cleveland-based developer whose principals, Todd Leebow and Justin Strizzi, are Cleveland natives and residents. The team is passionate about Cleveland, and excited to introduce its vision for community-focused, people-centric development to Gordon Square.

Kaulig Capital has a robust relationship with Bond Street principal, Todd Leebow, who is a friend and business partner. Todd is President & CEO at Majestic Steel, a Kaulig Racing sponsor and pillar in the Northeast Ohio business community. Todd also oversees Majestic Universe Ventures and Investments, a holding company for investments that include Sozo, Kind of One Concepts, and Felux.