Construction is progressing on Eleven River, with the first buyer aiming to move in around the holidays. (West Life photos by Larry Bennet)

Construction progressing
at Eleven River luxury townhomes
By Danielle Toth
Rocky River
Published Aug. 18, 2010

With views of the Rocky River, floating staircases and personal decks, construction of the Eleven River luxury townhomes is rapidly progressing. The first buyer aims to move in around the holidays.

The Eleven River project will include 11 townhomes when completed. Construction began in the spring. Right now, construction is progressing on the first building, which will house five units. The second building will house six units. Three of the units have already sold.

“We are absolutely thrilled that in the middle of a housing recession, we’re building 11 $700,000 units,” said Kory Koran, director of economic and community development for Rocky River. “They’re unique because they’re right on the Rocky River. Theoretically, you can fish right off the porch. They have a very modernistic design with stainless steel and glass. Even though the units are pricey, the buyers are getting a lot. This is a one-in-a-million site. And it’s an $8 million investment in the middle of a terrible housing recession.”

The starting price of the units, which are on the Rocky River near the Westlake Hotel, is $689,000, but the price will most likely increase once the units are further along in construction, said Andrew Brickman of real estate development firm DHC Associates.

The townhomes aim to be environmentally friendly, and all will have geothermal power. While this is more expensive initially, it pays off in the long run, Brickman said.

“Geothermal power provides up to a 70 percent savings on heating and cooling,” he said. “We’re also using recycled materials, bamboo hardwood flooring and sustainable plantation hardwood cabinets.”

Each townhome will also feature a private rooftop deck, private dock, full security system, two-car garage, 14-foot ceilings, a lower-level bonus room meant for a fitness center or home theater and an elevator option to travel through the floors and rooftop deck.

The kitchen level of the townhomes looks out over the Rocky River.

“I lived in L.A. for awhile, and many of the homes out there look like this,” Brickman said. “They are built on a hillside – like in Hollywood Hills. We wanted to do that here. We also wanted to make them sophisticated and classically modern.”

For more information on Eleven River, visit www.11river.com.

On the Web:

• Eleven River

Past West Life article:

• Eleven River homes break ground (May 27, 2009)