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Published on May 22nd, 2006
Warehouse District rental going condo
Landmark Management has decided to convert Water Street Apartments, 1111 W. Ninth St., to condos.Robert Rains, a Landmark partner, said prices at the 100-suite building range from $89,000 for a one-bedroom city view to $340,000 for a three-bedroom lake view.Landmark is putting $1 million into updates, from granite countertops to wood floors, to adapt it […]
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Published on August 21st, 2000
Rains-Carney to purchase bank building
The Rains-Carney Group, one of Cleveland’s most prolific remodelers of old buildings, is preparing to acquire its first downtown building in two years.Robert Rains, a partner with John Carney in the Westlake-based development firm, said the partnership has agreed to buy the Dollar Bank Building, a five-story office building at 614 Euclid Ave., from Dollar […]
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Published on May 25th, 1998
Late news
Developers eye condos for Warehouse DistrictDevelopers John Carney and Robert Rains are considering a condominium development in the Warehouse District. Mr. Rains said the two are preparing designs to build 24 luxury townhouses atop a parking deck they are considering building next to their most recent rental project, the Water Street Apartments at 1133 W. […]
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Published on March 9th, 1998
Sign gives signal Otis BLDG. is ready for redevelopment
A Chartwell Group brokerage sign declaring the property ‘Available’ is a telltale sign that the Otis Terminals building in the Historic Warehouse District is primed for redevelopment. Sandy Coakley, vice president of Chartwell Group, said he was authorized to hang the sign in the Otis building’s window by Robert Rains, a partner in Carney & […]
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Published on March 3rd, 1997
Development Duo ready to renovate old arcades
Developers John Carney and Robert Rains have reached a tentative agreement with the owners of the Colonial and Euclid arcades downtown to redevelop the properties in a $28 million project. The developers who’ve played a key role in the renovation of Cleveland’s Warehouse District are ready to take on a project that has eluded three […]
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Published on April 4th, 1994
Deal Struck to buy Perr-Payne: Winner of duel plans apartment rehab
A development group that has been active in the Warehouse District has won a duel to buy the 105-year-old Perry-Payne Building. Grand Arcade apartment developers Robert Rains and John Carney have secured a contract to purchase the structure at 730 W. Superior Ave. The two, in a partnership dubbed Perry-Payne Associates, want to convert the […]