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Hemisphere Development LLC | Consulting

CASE STUDY: Lakeview Bluffs


HEMISPHERE TEAMS WITH IMG TO CREATE THE WORLD’S FIRST SPORTS RESORT AND COMMUNITY

Lakeview Bluffs, nestled on over 1,000 acres along Lake Erie, offers some of the most breathtaking views and outstanding recreational opportunities in Ohio. In its most ambitious redevelopment to date, Hemisphere is transforming this former industrial manufacturing site into the nation’s first Sports-Oriented Resort Community and launching a new real estate development business with IMG, the world’s leader in sports and entertainment management.

Overcoming Obstacles to Redevelopment
Formerly the location of the sprawling Diamond Shamrock Painesville Works, the land has been the site of various activities over the years, including a 500-acre settling pond, a chromium production facility and a landfill. The site is so large, it spans three separate municipalities, which historically battled over development issues in the region. In 1980, the U.S. Environmental Protection Agency initiated action to remedy chromium contamination at the site, resulting in the construction of a 120-acre clay cap over the impacted area. The Ohio EPA began enforcement activities for the rest of the site in 1989. Parties to the action have been embroiled in litigation ever since. Hemisphere’s development plan was the catalyst to settling both this costly and complex multi-party CERCLA case, as well as a long-standing regulatory enforcement action, in an extraordinarily expedited fashion.

In a public-private partnership with all relevant municipalities, the Ohio EPA, Lake Metroparks and numerous other public stakeholders, Hemisphere created a plan to re-invent this area. A key component of Hemisphere's strategy is to transform negative public perception focusing on the site's industrial past toward a more favorable focus on the land's unparalleled natural attributes and a groundbreaking real estate development concept.

A Revolutionary Vision
A mere 28 miles east of its headquarters in downtown Cleveland, Ohio, a collaboration between Hemisphere and IMG will convert this vast, beautiful, yet underutilized property, into the nation’s first Sports-Oriented Resort Community. Lakeview Bluffs, featuring the IMG Resort Academies, will appeal to consumers by delivering:

• A fun, active, family-oriented environment;
• Training for the recreational sports enthusiast, as well as for the committed athlete; and
• An intriguing corporate meeting venue.

The project also will provide:
• World-class instruction in offered endeavors, including a culinary academy, art institute and other non-athletic recreational activities;
• Exceptional service;
• Outstanding sports, recreation and spa facilities;
• A sophisticated, yet casual setting; and
• A continued stream of “special” events planned and staged by IMG (15 per year) drawing visitors to the Resort community.

Unparalleled Development Strategy
The project is one of the largest and most innovative redevelopments in the United States. The development has been master planned by Wimberly Allison Tong & Goo (WATG) headquartered in Newport Beach, California, the world’s leading design consultant for the hospitality, leisure and entertainment industries. WATG’s representative projects include The Venetian Hotel (Las Vegas, NV), Atlantis Resort & Casino (Nassau, Bahamas) and design work worldwide for the Ritz Carlton, the Four Seasons Resort and other international hotel brands.

The Resort will offer a broad range of active recreation and leisure activities, taking advantage of the site’s phenomenal natural attributes, including over a mile of lakefront and over two miles of scenic river corridor. All waterfront master planning was conducted by JJR, a nationally recognized waterfront design firm. The development will serve not only as a regional visitor destination, but also as an ideal location for a weekend retreat, second home or permanent residence.

The Resort’s principal feature is the IMG Resort Academies, which will deliver world-class training in all major sports, including golf, tennis, soccer, baseball and basketball. This facility also will integrate comprehensive health and wellness programming designed by leading medical experts. Our complex will emulate the IMG Academies located in Bradenton, Florida, the world’s most successful multi-sport training institute for elite athletes. Hemisphere will implement a comprehensive lakefront redevelopment plan as part of the project.

To capitalize on the site’s natural attributes and high-energy atmosphere, other major development components will include:
• An IMG Signature Golf Course, featuring holes perched on bluffs 40 feet above Lake Erie and the Grand River’s scenic corridor.
• A World-Class Spa, offering health and wellness treatments and instruction.
• A Boutique Resort Hotel, the Resort’s architectural centerpiece, and retail village, cascading down the bluff to a lakefront park and crescent-shaped beach.
• A Trout Club designed by nationally recognized fly fishing experts, including stream features created for instructional scenarios, located near a scenic stretch of the Grand River, long coveted by local fishermen as one of the best locations to catch steelhead trout in the United States.
• A Vineyard and Winery, designed in concert with The Ohio State University’s School of Agriculture, and including Vineyard Estates, allowing both visitors and residents to toil in the fields and cultivate the fruits of their own labor.

All of these development features will be connected through over 15 miles of interpretive trails and pathways, encouraging walking, jogging and biking through the community.

A National Model for Brownfield Redevelopment
Lakeview Bluffs represents an unprecedented opportunity to resolve years of contentious litigation and reclaim one of Ohio's most promising brownfield sites. Ultimately, the project will be one of the largest and most comprehensive brownfield redevelopments in the United States, serving as a national model for creative redevelopment planning and design.

For a comprehensive look at the development plan for the IMG Resort Academies at Lakeview Bluffs, click on www.lakeviewbluffs.com.

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