It’s been many years since University Circle has witnessed new residential construction in its backyard, but the drought is almost over as WXZ Residential prepares to break ground on a collection of bold, contemporary townhouses. Situated at the corner of Euclid Avenue and East 118th Street, Circle 118 will be a unique community of new residential properties conveniently located in the heart of the city where University Circle and Murray Hill connect.
Circle 118 will be the first thing travelers see as they enter University Circle from the east and will act as a gateway to Cleveland’s medical and cultural district.
“Located within a five minute walk of world class education, health care, arts and cultural institutions of University Circle, Circle 118 is a new signature address in this premier urban district,” commented Chris Ronayne, president of University Circle Inc.
Circle 118 is a collection of 17 four-story townhomes offering fresh, urban design, sustainable materials and luxury standards. Pre-construction incentives, below-market financing opportunities and 15 year, 100% tax abatement are available for buyers at Circle 118.
In addition, Circle 118 is included in the Greater Circle Living program, a forgivable loan program that offers $5,000-$15,000 to full-time employees of nonprofit institutions in and around University Circle.
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