Construction Today 2018 - Volume 16, Issue 3 - 114
Commercial | STARK ENTERPRISES/ARBOR CONSTRUCTION
more than 100 years of experience in mixed-use and multifamily
retail construction. "We believe we have the best people," Stark Enterprises CFO Raymond Weiss says. "We've been very fortunate with
the people we've been able to hire into Arbor, and they have fairly
long tenures in our company."
Arbor Construction works in conjunction with the Stark Enterprises team throughout the life of a project. "We are a development
company at our core," Weiss adds. "We don't just rely on architects to
come up with initial schematic designs. Arbor is involved in the development process from its inception. We have always had Arbor at
the table when developing designs and layouts, and that has helped
us come up with designs that really work."
Building the Beacon
One of Stark Enterprises and Arbor's biggest current projects is the
Beacon, one of only a few new high-rise buildings to be built in
Cleveland during the past 20 years.
The $70 million residential tower will include 180 one- and
two-bedroom luxury apartments. Work on the project began in fall
2017 and is slated to conclude in May 2019.
The project entails adding 21 stories to the top of an existing
eight-story parking structure in downtown Cleveland. The Beacon
features a structural steel with slab-on metal deck foundation and a
metal panel façade. The building will include amenity spaces such as a
yoga room, a fitness center and a rooftop amenity space, Trump says.
Beacon project is adding 21
stories to the top of an existing
parking structure in Cleveland.
The Beacon is Stark Enterprises and Arbor's first high-rise. "We
brought in talent that had experience with high-rises, as we had
not done them before," Weiss says. "Our history is more in suburban
developments, where there isn't a high level of density. This is our
first opportunity to move in a more urban-minded direction."
'We have always had
Arbor at the table
designs and layouts.'
Stark Enterprises is expanding beyond its historic project base in
Ohio to tackle developments in other parts of the country. "When my
father started the company, it had a self-imposed radius of one day
travel from our main office," Ezra Stark says. "Because we were only
working in a specific geography, we needed to gain expertise in various types of real estate. Today, we are diversifying geographically."
Arbor Construction in August will conclude work on a 770-bed
student housing project at the University of Texas at Arlington. Additional student housing developments are underway in Dallas and
The company is also working on residential towers in New York
City and Los Angeles, and recently broke ground on a seven-story
mixed-use redevelopment of a building in downtown Pittsburgh.
"Right now, Arbor is probably more vibrant that it has ever
been, and that is because of our experience building just about
every product type," Weiss says. "We are in a very good position
moving forward to do an ever-increasing amount of construction
across the country."
CONSTRUCTION-TODAY.COM VOLUME 16, ISSUE 3