Aloft Cleveland Downtown is scheduled to open in early 2013 as a key element of the Flats East Bank development – Cleveland’s new, upscale mixed-use complex. Managed by Heritage Development Company, the newly constructed hotel will offer 150 spacious, open rooms, a tech-forward sensibility and a vibrant, social atmosphere.
The anticipated development overlooks the Cuyahoga River and Lake Erie. The hotel will provide access to nearly 3,000 square feet of flexible meeting space.
The hotel is being financed by the Cleveland International Fund which has raised $20 million in funding and commitments for the hotel project.
Aloft Cleveland Downtown will be built as part of the $275 million first phase of the Flats East Bank project – a joint venture between The Wolstein Group and Fairmount Properties – along with a 450,000 square foot office tower, retail space, restaurants, entertainment venues, a riverfront boardwalk and 14 acres of parks and green space.
