BGL Advises The Landmark Companies

Client Description:

Quay 55 (formally known as the Nicholson Terminal & Dock Company of Michigan) is one of the first and only waterfront luxury apartment developments in downtown Cleveland. Built in 1929, this iconic building was once a facility of many trades and is rich with decades of history. Its original use was for off-loading and a trans-shipment point for a variety of raw materials, industrial goods and manufactured products. The property was repurposed in 2003 to 138 luxury apartment units. The Landmark Companies intends to convert an entire floor of unused interior parking garage space to accommodate another 29 apartment units bringing the total to 167 units.