Mission: To promote inclusive and thriving neighborhoods in Northeast Ohio by providing innovative financing solutions and technical assistance to catalytic real estate and business development projects.

 

Since 1989, CDA has invested more than $458 million in over 150 projects in Greater Cleveland that have resulted in 7,227 new housing units &  7.3 million square feet of commercial space. 

These projects have generated

$3.9 billion of total development.

News:

  • ICA-Art Conservation announces move from hip Hingetown area to new Pivot Center for arts in Astrup Building

    ICA-Art Conservation announces move from hip Hingetown area to new Pivot Center for arts in Astrup Building

    October 3, 2020 ICA-Art Conservation, the nationally-respected nonprofit art conservation lab, plans to sell its vintage building in Ohio City’s Hingetown section and to move to rented space in a new community arts and social service center on West 25th Street, just south of I-490.

    ICA wants to become part of a project in the former Astrup Awning complex at the southeast corner of West 25th Street and Seymour Avenue, which developer Rick Foran is now calling the Pivot Center for Art, Dance and Expression.


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  • UCS Helps MetroHealth Support Employees

    UCS Helps MetroHealth Support Employees

    October 2, 2020 The MetroHealth System teamed up with Urban Community School to offer assisted learning support for the children of their employees enrolled in grades Pre-K - 8MetroHealth employees whose children are currently enrolled in remote learning due to COVID-19 have been given access to an educational environment for their children, which began September 8. The program offered runs from 6:30am to 4:00pm Monday - Friday.

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  • A garden grows in Tremont: Electric Gardens to become CLE s first integrated live/work space

    A garden grows in Tremont: Electric Gardens to become CLE's first integrated live/work space

     September 23, 2020 Ohio City’s most stylish co-working space will soon have to share the Limelight. Next spring, Limelight will open a sister location in Tremont—housed inside a 132-unit apartment building called Electric Gardens. Located at 425 Literary Rd. adjacent to the Towpath Trail, the new complex is set to become Cleveland’s first integrated live/co-work space.

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  • Cleveland Rape Crisis Center opens Clark-Fulton Office

    Cleveland Rape Crisis Center opens Clark-Fulton Office

     September 17, 2020 Cleveland Rape Crisis Center has opened a new office on Cleveland’s west side in the Clark-Fulton neighborhood. This new office center inside the Astrup Building on West 25th Street aims to serve Clevelanders, including Latinx survivors, says Sondra Miller, president & CEO of Cleveland Rape Crisis Center. The new office is part of a multi-year plan to take the crisis center’s services to where people live.

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  • Glenville Circle North Receives LEED Silver Certification

    Glenville Circle North Receives LEED Silver Certification

    Congratulations to Glenville Circle North apartments on being certified LEED Silver! By setting sustainable goals and collaborating with the entire project team throughout the design and construction process, this new apartment building and retail space on East 105th in Cleveland has achieved both higher efficiencies and a smaller environmental impact.

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  • Cleveland Development Advisor s 2020 Investor Report

    Cleveland Development Advisor's 2020 Investor Report

    Every year CDA provides an update to its investors and community partners detailing the projects and activity from the previous year. Please read about the projects that made 2019 a success and plans for the future.

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  • Welcome to the Gayborhood: A 100,000-sq-ft LGBT hub is taking shape on the edge of Lakewood

    Welcome to the Gayborhood: A 100,000-sq-ft LGBT hub is taking shape on the edge of Lakewood

    June 23, 2020  With a multi-phased opening through 2022, Studio West will cover nearly 100,000 square feet of real estate on the border of Lakewood and Cleveland—offering the local LGBT community a central gathering place to live, work, shop, and play.

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  • Lincoln Electric Celebrates 125 Years

    Lincoln Electric Celebrates 125 Years

    Lincoln Electric has worked diligently for 125 years by operating at a higher standard to build a better world. The Welding Technology and Training Center is a key element of showcasing the newest functionality of technology and keeping an evolving workforce skilled in modern processes in the process. The financing was made possible in part by a NMTC allocation from Cleveland Development Advisors.

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