Civic assets are properties that once served their communities in a significant capacity, but over time, experienced financial and operational challenges. Strategic planning initiatives are implemented to assist in financial recovery and repurposing the properties to best serve the needs of their communities.
Coral serves as Property Manager to the Shore Cultural Centre in Euclid. Formerly Euclid High School, Shore is now a 200,000 square foot cultural arts center.
The Coral Company provides Property Management services for 65,000 square feet of new office space at Saint Luke’s. Scott Baskind, Senior Director of Property Management, spearheads the efforts of the Coral Team at Saint Luke’s.
The Boulevard Building in Euclid was the result of Coral converting a former church into a commercial building.
Peter is responsible for setting the vision and strategic direction of the company and working with team members to achieve that vision. After a career in real estate law and serving as Chief Operating Officer for a national real estate firm based in Cleveland, Peter launched The Coral Company in 1987 and has served as Coral’s CEO for 31 years. After his high school pitching career, which was more fun than accomplishment, Peter was offered a minor league baseball contract by the New York Mets.