February 21, 2020
Signet Real Estate Group has secured nearly $30 million in funding and broken ground on Axis at Ansel, a 163-unit housing community anchored by 1,000 square feet of street-front retail. The 143,000-square-foot project will rise on the corner of Ansel Road and Hough Avenue on Cleveland’s East Side.
“The Axis at Ansel project is harnessing the momentum of the up-and-coming East Side, and is creating a modern and energetic hub for the area’s growing number of medical students and young professionals,” said Signet VP Kevin Belt. “We see the potential of the area and are investing to deliver an attractive and secure urban lifestyle for the community as a whole.”
Slated to open in August, Axis at Ansel is centrally-located within walking distance of the new $500-million Cleveland Clinic Health Education Campus, Case Western Reserve University’s western campus, Louis Stokes VA Hospital, University Circle and Rockefeller Park.
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