The Cadillac Speakeasy Redevelopment at Playhouse Square Corridor

Where History Meets Opportunity. Step into the heart of Cleveland’s next wave of urban transformation. Once known as the “Cadillac Furnished Rooms” - a haven for immigrants and workers chasing the American dream in the early 1900s - this iconic three-story brick landmark stands proudly at 1740 E 17th St, just steps from Cleveland State University and Playhouse Square. With Playhouse Square actively acquiring the surrounding properties, this site sits at the epicenter of a rapidly evolving downtown corridor. The area is poised for growth, with demand rising for hospitality, housing, and entertainment that celebrates Cleveland’s rich industrial past and creative future. The Vision- Picture it: The Cadillac Speakeasy - a glowing revival of Cleveland’s early-century glamour - paired with elevated loft suites above, each blending exposed brick, modern design, and panoramic city views. A developer could preserve the building’s historic soul while creating one of downtown Cleveland’s most distinctive boutique living or hospitality destinations. This isn’t just a redevelopment - it’s a chance to write the next chapter in Cleveland’s story.