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Welcome to Cleveland Development Advisors

Focusing private-sector resources on Greater Cleveland's economic future

Cleveland Development Advisors is a real estate and business development finance organization that invests privately-funded capital and New Markets Tax Credit allocations into catalytic projects designed to advance economic and community development projects throughout Cleveland.

Cleveland Development Advisors continues to spur Economic Development through the use of the New Markets Tax Credit Program

Cleveland Development Advisors continues to invest in Cleveland's future through the New Markets Tax Credit Program. Included among the latest investments are: St. Luke's Point Phase III, Lutheran Metropolitan Ministry, Fairmont Creamery, The Nine (renovation of the former Ameritrust Rotunda and Tower).

Cleveland Development Advisors - More than 20 years of Investments

Cleveland Development Advisors has been investing in Cleveland's future for more than 20 years. From stadiums and downtown redevelopment to neighborhood revitalization....see what we do and how we do it.

An affiliate of the Greater Cleveland Partnership ("GCP"), an association of business members, that mobilizes private-sector leadership, expertise and resources to create jobs and leverage investment to improve the economic vitality of the region.

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In the News

Fairmont Creamery will open with full occupancy (October 27, 2014)

Fairmont Creamery developers target next project (October 2, 2014)

Residences at 1717 featured in The Wall Street Journal (May 7, 2014)

Flats East Bank developers wrap up phase 2 financing (April 21, 2014)

Geis nears halfway mark at The 9 in downtown Cleveland (March 23, 2014)

Congresswoman Fudge editorial highlights how CDA's investments are helping to rebuild Cleveland (February 27, 2014)

CDA provides financing for Fairmont Creamery Redevelopment (January 6, 2014)

"St. Luke's Project Highlighted in Tax Credit Advisor (December, 2013)"

"Developer announces Marriott Autograph Collection Hotel for former Ameritrust Location (October 7, 2013)"

"Developer set to break ground on Steelyard Commons second phase (September 30, 2013)"

"CDA provides financing for East Ohio Gas Building Redevelopment (September 11, 2013)"

"CDA's most recent capitalization - $30 million Advance Cleveland Development Fund announced at Greater Cleveland Partnership Annual Meeting (June 20, 2013)"

View videos presented at Greater Cleveland Partnership Annual Meeting (June 20, 2013)


        "Financing Catalytic Projects"

        "Creating Connectivity"

         "Opportunity Corridor"

"CDA Awarded $30 Million NMTC Award (April 25, 2013)"

"New Lutheran Metropolitan Ministry headquarters, financed by CDA utilizing NMTC is one of three projects recognized in Ohio, and one of 92 Nationally (published December 2012)"

"Uptown Development opens with Ribbon Cutting (published October 2012)"

"Uptown project financed by CDA featured in Novogradac Journal of Tax Credits" (published September 2012)"

"Lutheran Metro Ministries project financed with CDA New Market Tax Credits featured in Novogradac Journal of Tax Credits" (published September 2012)"

"CDA closes on financing for Hanna Building Annex project to build apartments in Playhouse Square (published September 2012)" 

"Plain Dealer features CDA" published (September 1, 2012)"

Contact Us

Cleveland Development Advisors
1240 Huron Rd. E, Suite 300
Cleveland, OH 44115
P: 216.592.2274