SOURCE: The Bingham

The Bingham

February 14, 2011 10:57 ET

New Owners Invest in Attractive Upgrades at The Bingham

Downtown Cleveland's Premier Apartment Complex Now More Convenient and Inviting

CLEVELAND, OH--(Marketwire - February 14, 2011) - It was less than 90 days ago that Resource Real Estate, Inc., officially assumed ownership of The Bingham located in the Warehouse District of downtown Cleveland, but already the company has made good on its promise to invest in upgrades that enhance the overall appeal of the upscale apartment community.

Within the past 30 days, several areas of The Bingham have undergone a facelift. Both the lobby and model have been redesigned and redecorated to reflect a more contemporary décor. LED lighting on the exterior walls illuminate the building in an array of colors during the evening hours. Landscape lighting has also been installed near the building's exclusive dog park to accommodate the large percentage of Bingham residents who currently own dogs.

Residents will also now have access to 24/7 concierge/doorman services. The new concierge is available to make dinner reservations, arrange for a car service or to find a housekeeper, personal trainer, massage therapist or even a dog walker. He is also on hand to help the residents organize their closets, home and life. Although the residents pay for the services they book, the arrangements and reservations are complimentary. The concierge staff will also act as a liaison to address all resident requests and questions.

The onsite fitness center has additionally been enhanced with new televisions and equipment. With 4,000 feet of space and the latest equipment, The Bingham offers one of the area's largest and best equipped private fitness centers. Bingham residents will also benefit from the installation of new cameras located in the building's garage and outdoor parking lot, as well as additional lighting under the canopy of the main entrance.

"The Bingham has always had a reputation for being a premier downtown Cleveland residence," said Richard Lucas, property manager for The Bingham. "However, in talking to our residents, we identified a number of areas in which we felt we could improve the overall living experience. As a result, we made the necessary upgrades so that The Bingham is better positioned to continue attracting individuals who desire upscale downtown living. Through resident surveys, focus groups and competitive analysis, we will continue to identify and add those amenities and services of most value to our residents."

The Bingham is downtown Cleveland's largest apartment community housed under one roof. Originally built in 1915, the landmark building is one of the largest warehouses on West Ninth Street in the historic Warehouse District. It has been carefully restored to maintain the rich brick facade and oak floors but also features the most modern conveniences and amenities, including high ceilings, large windows, a landscaped garden area and dog park, indoor and outdoor parking, a game room, a rooftop terrace and penthouse lounge that offer breathtaking views of the city, and more.

The Bingham was purchased on November 1, 2010, by Resource Real Estate, the $1.7 billion asset management division of Resource America, Inc., which is based in Philadelphia. The company's management division, Resource Residential, also manages the property.

For more information about The Bingham, visit www.thebingham.com or call (216) 579-4000.

Contact Information

  • Contact:
    Eileen Petridis
    or
    Kate Eidam
    Falls Communications
    (216) 696-0229