Chase Financial Plaza

Chase Financial Plaza
Former names Chemical Financial Tower, Chase Financial Tower, Ritz-Carlton
General information
Type Mixed Use
Location 250 West Huron Road Cleveland, Ohio 44113 United States
Construction started 1990
Completed 1991
Height
Roof 50.42 m (165 ft)
Technical details
Floor count 14
Floor area 200,000 sq. ft. (office space) 205 rooms (Hotel)
Design and construction
Architect RTKL

The Chase Financial Plaza is a 1991-built 14 story 165 foot high rise office building on the Tower City Center property of downtown Cleveland, Ohio.[1] The postmodern building was erected in 1991 when Forest City Enterprises sought to improve the leasing power of the eventual opening of Tower City Center in 1991 which was commenced by Forest City acquiring the ionic Cleveland Union Terminal Group in 1982.[2] The tower's squat appearance is deceiving in the fact that it contains 200,000 square feet of office space.[3] The building closely mirrors its counterpart tower on the other side of the Tower City mall property at West 3rd. Both these structures were built on top of one solid concrete platform that remained from a skyscraper unbuilt in the 1930s [4] It offers views of the Cleveland skyline and the Cuyahoga River. It was one of the first successful mixed-use buildings in the city of Cleveland. This allows it to cater to many different types of clientele, be they commercial office based, hotel based, retail based, or performance based.

Ritz-Carlton Hotel

The CFP tower also contains the only five star hotel in Cleveland, the Ritz Carlton, which has 205 rooms and state of the art technology.[5] It can readily be said without much protest, that the addition of the Chase, the Skylight Office Tower and Tower City Center itself revitalized the once dead zone around the Terminal. The Ritz has certainly added to the increasing frenzy of business being transacted around the heavily populated area of Tower City. Recently, the Rock Ventures group, owned and headed by Cleveland Cavaliers owner Dan Gilbert acquired the Ritz-Carlton for a sum close to $27 million from Forest City which has been shedding its Cleveland properties quickly.[6]

See also

References

  1. ↑ http://skyscraperpage.com/cities/?buildingID=21182 Chase Financial Plaza Retrieved on 2015-09-26
  2. ↑ http://ech.case.edu/cgi/article.pl?id=CUT Cleveland Union Terminal Retrieved on 2015-09-26
  3. ↑ http://www.forestcity.net/properties/mixed_use/property_listing/Pages/tower_city_center.aspx Tower City Center Retrieved on 2015-09-26
  4. ↑ http://www.emporis.com/buildings/121745/chase-financial-plaza-cleveland-oh-usa Chase Financial Plaza Retrieved on 2015-09-26
  5. ↑ http://www.ritzcarlton.com/en/Properties/Cleveland/Default.htm?utm_campaign=TBPSUSEBPB127&src=ps&pId=rztbppc The Ritz-Carlton, Cleveland Retrieved on 2015-09-26
  6. ↑ McFee, M.J. (April 07, 2011). Rock Ohio Caesars secures option to buy the Ritz-Carlton Cleveland from Forest City Enterprises. The Plain Dealer.

Coordinates: 41°29′50″N 81°41′40″W / 41.49722°N 81.69444°W / 41.49722; -81.69444

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