CDA provided a capital campaign bridge loan to Providence House to assist in the two phase adaptive reuse of the Weizer Building in the Buckeye neighborhood. The space will serve as administrative facilities and an east side campus that will help the non-profit social service agency double its capacity for emergency shelter and crisis care for families.

Project Partners:  JPMorgan Chase

Project Details

Completed Under Construction; Phased Completion Through 2022
Location 11801 Buckeye Rd; Buckeye-Shaker
Project Type Community Facility; Rehab
Program Administrative Office ans Support Facility to Serve Up to 300 Families Annually
Sponsor Providence House
CDA Investment $5 million Capital Campaign Bridge Loan
Total Project Costs $7.8 million
Community Demographics Poverty Rate: 36.20%
Median Income: 47.86%
Unemployment Rate: 19.80%

Impact

  • Job Creation

    The project is expected to create 33 FTE jobs and retain an additional 16 FTE positions.

  • Advances Neighborhood Revitalization

    The project is strategic by supporting the community through the addition of crisis and trauma care for children and families. It is supported by Ward 6 Councilman Blaine Griffin as well as Burten, Bell, Carr Development, the CDC currently serving the Buckeye neighborhood. The project will also rehabilitate the vacant Weizer building, a priority for the neighborhood.

  • Diversity and Inclusion

    The project sponsor committed to construction participation goals for Minority, Female, and Cleveland Small Business (MBE/FBE/CSB) as well as minority, female and City of Cleveland residents.

  • Executed Community Benefits Agreement

    The project sponsor has committed to quantifiable community impacts by executing a Community Benefits Agreement.