The Galleria At Erieview
History
The Galleria was conceptualised in 1985 by businessman and real estate developer Richard E. Jacobs, who famously purchased the Cleveland Indians baseball team and the existing Tower at Erieview. Jacobs' planned to convert the Tower's surround plaza into a shopping centre which would serve the Cleveland area.
The resulting Galleria, a glass-enclosed 207,600-square-foot (19,290 m) mall, opened in late 1987. It was the first major retail venture in Downtown Cleveland since the 1920s. The Galleria was noted for the business "Gardens Under Glass", an urban farm beneath the mall's atrium,.
In 2003, The Galleria and Tower at Erieview were purchased by Werner Minshall, who proposed closing the mall and converting it into a convention centre. When this development project did not eventuate, Minshall continued to lease tenant spaces to local retailers and vendors.
Although The Galleria represented a significant revitalisation of Cleveland's downtown district during the early 1990s, it suffered a decline in consumer popularity throughout the early 2000s. The Galleria failed to secure an anchoring department store, reliant on small business to support tenancy. By 2005, there were 36 active tenants out of a possible 66. In 2013, The Galleria's famed "Gardens Under Glass" closed.
In 2019, James Kassouf and a supporting group of investors purchased the property for $17.7 million. Currently, The Parker Hannifin Downtown YMCA occupies a considerable portion of the Galleria.
References
- ^ "The Galleria and Tower at Erieview". Minshall Stewart Properties. Archived from the original on 2011-07-14. Retrieved 2011-01-27.
- ^ "World's Most Visionary Cities". Travel + Leisure.
- ^ "Archived copy". Archived from the original on 2003-06-08. Retrieved 2019-12-23.
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: CS1 maint: archived copy as title (link) - ^ "Archived copy". Archived from the original on 2015-09-24. Retrieved 2019-12-23.
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: CS1 maint: archived copy as title (link) - ^ Christ, Ginger (2 August 2018). "Cleveland's 4th tallest building sells for $17.7 million". Cleveland Plain Dealer. Retrieved 24 January 2020.