Kowitt & Passov, a Cleveland-based real estate development firm, closed on its purchase of the INA and Lakewood Center Buildings in Downtown Lakewood on January 29th.

According to vice president, Myrna Previte, the company has aggressive plans to update, upgrade and market the buildings.

Panera Bread will be opening in the space formerly occupied by Curves, on the southwest corner of St. Charles and Detroit in early spring. Other potential tenants for the street-level retail space are in active discussion with K&P.

K&P will start renovations on the first floor, and work up. the entire block is expected to have a face lift by Fall,2009.