featured projects by MCM
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Myers University
Exterior photo of the Myers University. Myers University
Ball Room.
Myers University
Myers University Auxiliary Ballroom.
Myers University
Myers University Library.
Myers University
Interior photo of the parlor at Myers University.
Myers University
Fireplace Room.
Myers University
Cupola Room.
Myers University
Restaurant.
project info
Firm's Responsibilities: Construction Management - Conversion of former Stager-Beckwith Mansion (a.k.a.) The University Club) into administrative offices, educational facilities, and culinary school/ballroom facilities for Myers University.
Total Development Cost: $10.6 million
Location: 3813 Euclid Avenue, Cleveland, Ohio
Building Size: 66,000 sf Renovation
Project Length: 18 month Construction Schedule
Completion Date: February 2005
Owner: Stager-Beckwith LLC
Tenants: Stager-Beckwith LLC
Primary Use: University offices & Classrooms, four conference rooms, library, ballroom, dining rooms and full-service kitchen
Funding Sources: Empowerment
Zone Bonds - $5 million
Federal Historic Tax Credits - $1 million
Façade Easement - $300,000
Conservation Easement - $3.2 million
First Mortgage - $2,225,000
Second Mortgage - $4,450,000
The renovation of the historic Stager-Beckwith Mansion on Cleveland’s Millionaire’s Row provides a new Conference Center, Administrative Offices, Sports Center, Classrooms and President’s Living Quarters for the former Myers University within the 60,000 sf building.
MCM was closely involved with the University Boards to secure historic tax credits and conservation easement equity. MCM assisted in structuring a financing package to utilize Cleveland Empowerment Zone loans. MCM’s ability to manage and work within a public, private and institutional partnership was a key factor to the project’s success.
The preservation of the historical fabric challenged the Team when renovating and updating this 140 year old building. All preservation guidelines were carefully met while achieving the installation of new mechanical, electrical and plumbing infrastructures. In addition to the challenges often found in a historic restoration, MCM successfully managed the multiple parties involved on the project, including Board Members and public and private institutional partnerships.