Investors - Cleveland Development Advisors

Investors:

CDA’s transformational contributions to Cleveland’s renaissance have been guided by civic-minded, forward thinking private investors who are committed to moving our city and region forward. Since its inception, CDA has capitalized six funds for a total of $210 million. Our efforts to revitalize the Greater Cleveland community are made possible by an impressive collection of corporate and civic partners.

Our most recent capitalization, the Advance Cleveland Development Fund, represents a $32 million commitment from Northeast Ohio companies. ACDF dollars will be targeted to projects that will expand Cleveland’s role as an epicenter of community, culture and commerce!

Investor News:

CentroVilla25 secures $11.5 million from Cleveland Development Advisors to help transform Clark-Fulton neighborhood into a vibrant Latino cultural hub.

Cleveland Development Advisors announced it has closed on $11.5 million in state and federal new markets tax credits (NMTC) along with a $612,000 capital campaign bridge loan for the CentroVilla25 on November 21, 2023. This project serves as a pivotal anchor in the...

Cleveland Development Advisors loaning $5.5 million for redeveloping Hawthorne School into apartments

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...

Cleveland Developer Aims to Create Generational Wealth by Redeveloping Once-Bustling Plaza

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.

Investors:

American Greetings Corporation
Applied Industrial Technologies, Inc.
AT&T
Baldor Electric Company
BP America, Inc.
Calfee Halter and Griswald, LLP
Capital One
Charter One Bank
Cleveland-Cliffs, Inc.
Cleveland Clinic
Cleveland Foundation
Case Western Reserve University
David H. Jacobs
DDR
Dominion East Ohio
Eaton Corporation
Economic Growth Foundation
Fifth Third Bank
FirstEnergy Corporation
FirstMerit Corporation
Forest City Enterprises Inc.
Goldman Sachs
Goodrich Corporation
Greater Cleveland Partnership
Huntington National Bank
Invacare Corporation
Jo-Ann Stores, Inc.
Jones Day Foundation
JP Morgan Chase
Key Bank
Lincoln Electric
LTV Corporation
Lubrizol
Luxottica, Inc.
Macy's Department Stores
Materion Corporation
Nesco, Inc.
Nestle USA, Inc.
Northrop Grumman Systems Corp.
Ohio Savings Bank
Parker Hannifin Corporation
PNC Bank
PolyOne Corporation
Premier Farnell Corporation
Richard E. Jacobs
RPM International, Inc.
R.T. Foundation
Scott Fetzer Foundation
Scott Technologies, Inc.
Sherwin-Williams Company
SS&D Foundation
Teachers Insurance & Annuity Association of America
Top Markets, LLC
University Hospitals
US Bank
Win 6, LP

Advance Cleveland Development Fund
Civic Vision Housing Fund
Cleveland Development Advisors Community Reinvestment Fund
Cleveland Development Partnership II
Cleveland New Markets Investment Fund
Cleveland New Markets Investment Fund II