Dahlia Coffee Co. owner Natalia Alcazar opened a Mexican coffee shop at the Pivot Center a few months after starting a coffee roasting business.
Dahlia Coffee Co. owner Natalia Alcazar opened a Mexican coffee shop at the Pivot Center a few months after starting a coffee roasting business.
Cleveland Development Advisors closed on financing for CentroVilla25, providing $10.5 million of federal new markets tax credits (NMTC) allocation, $1 million of state NMTCs, and $612,891 capital campaign bridge loan.
CLEVELAND, November 9, 2023 — Cleveland Development Advisors (CDA) is loaning $5.5 million for a project that will completely make over a West Park neighborhood school into reasonably priced market rate apartments. The $14.9 million historic renovation of the former...
Built in 1972 as one of the first projects built after Cleveland’s Hough Riots, Martin Luther King Jr. Plaza was meant to serve as a beacon of progress for Black entrepreneurship and the rebuilding of the Hough community. Over time, however, widespread disinvestment in the neighborhood eroded retail, leaving the shopping center largely vacant.
Take a drive through Cleveland’s Gordon Square neighborhood, and it’s the building that surely stands out.
$50 million went into the Welleon, a 7-story 127-unit apartment, restaurant, and wellness complex, where the first tenants have recently moved in.
The Midtown Collaboration Center (MCC) – An additional Cleveland Foundation project positioned to bridge downtown Cleveland with University Circle – recently closed on construction financing. Cleveland Development Advisors (CDA) provided a $10 million New Markets Tax...