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Uptown is mixed use new construction project along Euclid Avenue in the University Circle Neighborhood. An extensive group of public and private sources came together to make this project a reality – a true testament to the community support. When fully completed, Uptown will be home to 200 new residential housing units, over 100,000 square feet of retail/restaurant space, the Museum of Contemporary Art (MOCA)and the Cleveland Institute of Art. The first phase includes 102 apartments and 56,000 square feet of retail space, anchored by a Barnes and Noble bookstore. To make this project a reality, CDA utlized a $1.5 million subordinate loan from Cleveland Development Partnership and $6.25 million in New Markets Tax Credits from Cleveland New Markets Investment Fund II.


Address: 11490 Euclid Avenue

Date Close: 7/30/2010

Developer: MRN Ltd


New Markets Tax Credit Allocation: $6,265,000

CDA Loan: $1,500,000

Project Name: Uptown Website: Neighborhood: University Circle

  • Multi Family
  • Retail

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