Westlake Elevated Breaks Ground with Revolutionary Industrial Condos

Four-building development offers modern, small-bay industrial/office spaces for sale to businesses seeking long-term ownership and investment opportunities.

On hand for last week’s groundbreaking were (from left) Rachel Skafidas and Ed Ihnot of Westlake Elevated, Tommy Lawrence – Listing Agent/Sales Representative, Todd LeVeck – Westlake Ward 4 City Councilman, Mayor Dennis Clough, Tom Lawrence – Landowner and Developer and Dave Del Regno – Westlake Ward 3 City Councilman.

Tom Lawrence – Landowner and Developer

L7 Group LLC, based in Westlake, Ohio, has announced the groundbreaking of Phase 1 of Westlake Elevated, a four-building industrial condominium development located on Ranney Parkway, just minutes from Crocker Park.

Designed to meet the needs of growing businesses, Westlake Elevated will offer a variety of modern industrial condominium units ranging from 1,000 to 13,000 square feet. The spaces will feature column-free, clear-span layouts designed to accommodate office and warehouse operations, complemented by modern architecture in a distinctive, community-oriented environment.

Unlike traditional industrial properties offered primarily for lease, Westlake Elevated will give business owners the opportunity to purchase their space, building equity in a commercial real estate asset while establishing a home for their operations.

: Exterior rendering of Westlake Elevated. Image is an architectural rendering.

: Interior rendering illustrating one potential office and workspace configuration. Actual layouts and finishes may vary.

Tommy Lawrence, the exclusive real estate agent for the development, emphasized the value of ownership for growing businesses.

“We’re excited to offer these unique spaces as an investment, not just a place to operate,” said Lawrence. “Leasing can be a practical option, but ownership gives businesses the opportunity to build equity in a long-term investment that they own—just like their home. Our goal is to make ownership accessible to businesses of all sizes while delivering a brand-new, modern facility where they can grow roots. It’s really the best of both worlds for a business owner.”

Westlake Elevated will feature four buildings developed in three phases. The first nine units are expected to be ready for occupancy in early summer 2027, giving businesses the opportunity to establish their operations in their new spaces upon completion.

For more information and to join the interest list, visit www.westlakeelevated.com.