FLATS EAST BANK to be cleveland’s first green-certified neighborhood

The Flats has often been called the birthplace of Cleveland. Soon, it will gain a new tagline when it's reborn as the city's first green-certified neighborhood. The Wolstein Group and Fairmount Properties, co-developers of the Flats East Bank project, are using sustainable building practices in the $272 million project, which broke ground in December. The project's financing dried up in 2008, but the developers revived the deal, cobbling together more than 35 public and private funding sources. The first phase will include an office tower, hotel, retail and 14-acre riverfront park.

Last year, the U.S. Green Building Council certified that the project had met Phase I criteria for Leadership in Energy Efficiency and Design for Neighborhood Development (LEED-ND). LEED is considered to be the national standard for sustainable design.