September 1, 2017 CDA closed on a $5 million loan for Stark Enterprises’ new project, The Beacon. The 20-story residential tower will be constructed on top of the garage located at 515 Euclid Avenue in Downtown Cleveland. Cleveland Development Advisors (CDA), an...
CDA Invests New Markets Tax Credits in Charter Steel Expansion
May 4, 2017 Charter Steel closed on financing for its $153 million expansion project in Cuyahoga Heights. Cleveland Development Advisors (CDA), an affiliate of the Greater Cleveland Partnership, provided $10 million of New Markets Tax Credit allocation. Charter...
CDA invests in new home for The Children’s Museum of Cleveland
August 10, 2017 Cleveland Development Advisors (CDA) provided an $8 million New Markets Tax Credit (NMTC) allocation for the new Children’s Museum of Cleveland (CMC). CMC has acquired and is renovating the Stager Beckwith mansion on Euclid Avenue in MidTown....
Children’s Museum of Cleveland ready to reopen Nov. 6 in Euclid Avenue mansion
September 8, 2017 The Children's Museum of Cleveland is keeping a promise. After leaving its former location in a remodeled Howard Johnson's restaurant in University Circle in January 2016, the institution vowed it would reopen late this year. And that's exactly...
CDA provides financing for new Dave’s Supermarket in Midtown
December 5, 2017 Financing closed for the new Dave’s Supermarket being constructed as part of the Link59 project at E. 59th and Euclid in the Midtown neighborhood. Cleveland Development Advisors, an affiliate of GCP, provided a $10 million New Markets Tax Credit...
Edison is enticing draw at Gordon Square
February 19, 2017 Weston Wilson describes the wait until construction workers complete his one-bedroom apartment at The Edison at Gordon Square in Cleveland as "six months of the night before Christmas."
First peek at new Children’s Museum of Cleveland in historic mansion
November 3, 2017 Young people are in for a surprise when the Children's Museum of Cleveland opens the doors to its new home on Nov. 6. There's 18,000 square feet of innovative exhibit space that makes the former University Circle location look like, well, child's...
Cleveland Development Advisors Investor Update 2017
For more than a quarter of a century Cleveland Development Advisors (CDA) has focused private sector capital into real estate and business projects designed to attract additional development to improve the character and vitality of Greater Cleveland.
Cleveland’s One University Circle apartment tower already is landing some lofty tenants
October 11, 2017 The first renters won't move into One University Circle, the city's first new high-rise apartment tower in decades, until May. But the developers behind the $116 million project already have signed up a handful of tenants.
New $60M Ohio City apartment/retail project is reaching halfway point
September 19, 2017 The corner of West 25th Street and Detroit Avenue has been ugly and forgotten for decades, and fallen behind its brother corner at West 25th Street and Lorain Avenue where the West Side Market is located. That will change in the Spring of 2018 when...
