The Coral Company broke ground on its first retail development in 1989. More than a dozen properties later, City officials have recognized The Coral Company as a true partner in the projects it develops, which is why many municipalities seek us out for advice and collaboration.
The Coral Company is expert in the development and management of mixed-use centers in contexts where retail, office, entertainment, and residential uses are integrated to create stronger, revitalized neighborhoods. From Cedar Center, a 20-acre retail mainstay in the city of University Heights, to Shaker Square, the historic shopping district on Cleveland’s east side, The Coral Company has demonstrated the management skills, financial strength, and planning sensitivity necessary to ensure the success of their mixed-use developments.
The Coral Company focuses its time, attention, and resources to restoring vitality to center cities and older suburbs. Our mixed-use projects are town center and pedestrian oriented, presenting a unique mix of housing, commercial and retail uses.
- The Coral Company and Panzica Construction have been selected by University Circle, Inc. to develop INTESA, an exciting new high-tech office complex with apartments, retail, and parking, which will replace a 200-space parking lot at the edge of University Circle. This 2.2 acre site, which has a strong street presence on Mayfield Road, is just west of the railroad tracks that border Little Italy. Intesa will be fully integrated into the dense concentration of cultural, medical and educational institutions in the Circle and has been heralded as “one of the most pivotal pieces of real estate,” in the district.
- Anchored by Dave’s Supermarket, Arbor Park is the successful redevelopment of the former Longwood Plaza. Located at East 40th Street and Community College Drive in Cleveland, the center boasts 39,000 square feet of revitalized retail space for the neighborhood. The redevelopment has helped to create an additional 79 jobs for area residents.
- Aurora Commons is an 89,211 square foot neighborhood retail center which was renovated in 2007. It is anchored by Marc’s Grocery, and features a mix of national and local retailers and a free standing PNC office building. This center was recently acquired by Thompson National Properties Strategic Retail Trust out of Irvine,California.
- This urban redevelopment project required the private assemblage of 16 parcels, the relocation of a public street, and massive demolition and site development efforts. Located just south of I-71 on Pearl Road on Cleveland's near west side, Brooklyn Centre is an architectural gem. The center boasts a fabulous tenant mix of many neighborhood conveniences, including Murray's Discount Auto Stores, Blockbuster Video and CVS/Pharmacy.
- Cedar Center South, the University Heights side of the Cedar Center District, has been a retail mainstay for over 50 years. Cedar Center South offers a wide variety of retail shopping including Whole Foods Market, CVS/pharmacy, and Tuesday Morning.
- Imagine a place where you can eat, shop, live and work. Stroll the sidewalks, explore unique shops, dine with friends and family and take in a live outdoor performance or art exhibit. And at the end of a fulfilling evening, return home to your loft. Now visualize this as a part of South Euclid, a community gathering place where the diverse residents of South Euclid and beyond can experience a dynamic life.
- At the request of city officials, The Coral Company undertook a most ambitious redevelopment effort to provide a premier shopping facility for the Glenville neighborhood of Cleveland, Ohio.
- The Gordon Square Arts District is the economic cornerstone of Cleveland’s West Side where a powerful combination of housing, new businesses, the arts and neighborhood beautification are sparking the development of new jobs for residents. This District is helping to infuse more than $500 million in economic development in the surrounding community.
- Situated in Lakewood, Ohio, the most densely populated city between New York and Chicago, Lakewood City Center was The Coral Company's first redevelopment effort.
- Lee-Harvard Shopping Center, located at the corner of Lee Road and Harvard Avenue on Cleveland’s east side, is a neighborhood shopping center offering more than 27,000 square feet of retail space. Current tenants include TNT Fashions, Dollar Mart, Little Caesar’s Pizza and Game Stop.
- In 2004, The Coral Company added a jewel to its portfolio with the acquisition of Cleveland’s historic landmark, Shaker Square. Passionate about the stewardship of this illustrious icon, The Coral Company hit the ground running, adding exciting retail tenants such as Dave’s Market, Sergio’s Saravá, Dewey’s Coffee Shop and Popcorn Factory, and CVS/Pharmacy to the Square’s already-rich array of restaurants, shops, and entertainment venues.
- Development of this 260,000 square foot property included construction and dedication of "Market Square Drive," a new public street to connect the center to State Routes 14 and 43.
- After a stringent selection process, city officials chose The Coral Company to redevelop this 4-acre site. Architecturally unique, University Corners is prime commercial space in the city of University Heights, Ohio, a densely populated, well-educated and affluent suburb of Cleveland.
- Located in the center of Coventry Village. 1800-1836 Coventry Road is a mixed-use building which includes 9 retail storefronts including Tommy’s Restaurant, Big Fun, Record Revolution and 23 apartments.