International Food Solutions bought a former Goodwill building in Cleveland’s Central neighborhood in November. The meal-production company plans use the building as a poultry-processing plant with more than 200 employees.

CDA, the real estate affiliate of GCP, has been awarded $35 million in NMTC. The Northeast Ohio Development Fund, LLC, was awarded an additional $45 million, bringing $80 million of NMTC to fund transformative projects in Greater Cleveland.

t’s hard to think of a new urban project anywhere in Northeast Ohio that focuses more sharply on fighting industrial decline and economic inequality than the new home of MAGNET, the Manufacturing Advocacy and Growth Network.

New businesses will open this fall at Central Kitchen (CK), a commercial kitchen and food business incubator in Cleveland’s Midtown neighborhood. CK offers a range of services to food businesses under two divisions: its nonprofit incubator at 2800 Euclid Ave.

February 6, 2022 Two Cleveland nonprofits hope to help minority real estate developers scale up, with a new training program that, they say, must be part of a broader systemic shift.

See how CDA continued to promote inclusive and thriving neighborhoods in Northeast Ohio in 2021 by providing innovative financing solutions and technical assistance to catalytic real estate and...

December 6, 2021  CDA is providing a $4.5 million long-term loan to Western Reserve Land Conservancy that will enable them to acquire the Euclid Beach Mobile Home Park, spanning 28 acres of...

October 13, 2021  Cleveland Development Advisors (CDA), an affiliate of GCP, has provided a $2.4 million subordinate loan to the Waverly & Oak development in Cleveland’s Detroit Shoreway...

August 11, 2021  While the coronavirus was wrecking lives and the global economy, locally, creative efforts were underway to keep the shine on Glenville Circle North, one of the neighborhood’s...

September 10, 2021  Cleveland Development Advisors (CDA) was awarded $50 million in federal new markets tax credits (NMTCs) by the U.S. Treasury Department on September 8, 2021.

January 13, 2021 Electric Gardens may be the kind of slick, glassy apartment building we want to spend more time in as part of our potential work-from-home world, but the J Roc Development and...

January 25, 2021 The Open Access/REAP Program announced the selection of 23 professionals for a pilot, all-virtual Open Access Fellowship Program in community development finance. The fellowships...

April 30, 2021  Scheduled to open June 12, the Community Arts Center is an expansive, light-filled space destined to become an important new cultural anchor on the city’s West Side.

See how CDA continued to promote inclusive and thriving neighborhoods in Northeast Ohio in 2020 by providing innovative financing solutions and technical assistance to catalytic real estate and...

June 28, 2021  Cleveland Development Advisors, an affiliate of Greater Cleveland Partnership, closed on a $500,000 loan to support the CHN Housing Partners-run Lead Safe Homes loan...

June 3, 2021  A countdown clock to liftoff has started for the late 2021 completion of the $46 million redevelopment of two former NASA buildings on Brookpark Road.

GOPC's report provides JPMorgan Chase, the field and the broader public with a greater understanding of CDA and Finance Fund Capital Corporation's (FCAP) Opportunity CLE Neighborhoods initiative. 

March 25, 2021  Proof that such a restoration can work sits just across the street from Moreland Theater at Providence House’s second Cleveland campus, which is located in a grand, former bank known...

January 12, 2021  The latest in a series of luxury, mixed-use developments along the border of Tremont and Ohio City is set to break ground sometime this year, bringing 171 apartment units and new...

April 15, 2021  Cleveland Development Advisors, an affiliate of Greater Cleveland Partnership, closed on a $3.05 million loan from its Advance Cleveland Development Fund to support the redevelopment...

November 17, 2020 On the corner of Seymour Avenue, known to Clevelanders for all the wrong reasons, Developer Rick Foran’s Pivot Center for Arts, Dance, and Expression states the mission in its...

November 10, 2020 Few investors or lenders have the appetite for financing hotel development these days.  So Delfre and his colleagues in the firm's Real Estate Advisors group had to be creative to...

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...

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 - 8. MetroHealth...

 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...

 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...

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...

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...

January 3, 2020  While the world was learning about the horrors the women endured on Seymour Avenue, the building that the Astrup Awning Company was housed in from 1883 through 1995 stood in the...

Central Kitchen at 7501 Carnegie Avenue has teamed up with Northeast Ohio family farmers to give you quick, easy and safe access to fresh local foods. Beyond filling your fridge with healthy...

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...

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...

December 19, 2019  Eric Diamond was on vacation when he got a call from his Central Kitchen partner, Gordon Priemer. “We were looking for 30,000 square feet of space,” says Diamond....

December 12, 2019  “Moving to Glenville is a choice of a commitment to this neighborhood,” says Miller, who is relocating from Lee-Harvard. “There's wonderful potential here. It has had its heyday...

October 23, 2019  Cleveland Development Advisors today announced $9 million in new commitments to help stimulate projects with measurable social impacts in the Cleveland neighborhoods of...

June 1, 2019  Boys Hope Girls Hope (BHGH), announces its Rajan Academy Center Grand Opening on June 1, 2019 at 11 a.m. on the Boys Hope Girls Hope Campus in Garfield Heights. The 22,000 sq.ft. Rajan...

April 2019  Ohio-based real estate developer Snavely Group is spearheading the transformation of the Ohio City intersection with its multiphase development including market-rate and affordable...

April 1, 2019  Every spring, the corner of Huron and Ontario comes alive: a sign winter is finally giving way to spring as the fans at Progressive Field heat up downtown Cleveland no matter what the...

September 19, 2019  The $42 million Bowery Project to renovate six historic buildings on Main Street in downtown Akron is expected to create thousands of jobs and millions of dollars in economic...

February 25, 2019  The family brain trust behind Dave's Markets looked carefully for years for a new East Side location. They mulled half a dozen spots before deciding on E. 61st Street and Chester...

CDA has a 30-year legacy of providing expertise and investments in real estate and business development projects that are catalytic and increase the vitality of Greater Cleveland.  Our success is...

March 21, 2019  Opportunity CLE, a collaboration between the city of Cleveland, Cuyahoga County, Greater Cleveland Partnership, Cleveland Development Advisors, the Fund for Our Economic Future and...

August 30, 2019  Either in discussions of the gig economy, creative startups, or questionable IPOs, coworking spaces and companies have been near top of mind in 2019. It’s certainly been the case...

December 15, 2018  From West 25th Street, the former Astrup Co. complex doesn’t look like much.  Now arts organizations, nonprofits and Hispanic businesses hope to paint a different picture of this...

August 15, 2018  Cleveland's small business community is buzzing with the opening of Beauty Shoppe, a 24-hour coworking and office space designed to help entrepreneurs grow their businesses, and the...

June 22, 2018  The New Markets Tax Credit (NMTC) financing for the $6.1 million expansion of the Boys Hope Girls Hope (BHGH) campus in Garfield Heights has closed. Cleveland Development...

November 16, 2018  Friday was the groundbreaking for a $42 million effort to bring residents back to downtown Akron. City officials say the plans to restore a block of buildings on Main Street will...

August 3, 2018  Cleveland Development Advisors, the real estate financing affiliate of the Greater Cleveland Partnership, is broadening its footprint beyond Cuyahoga County with a planned investment...

September 21, 2018  Financing for the Glenville Circle North development, the first project in the City of Cleveland's Neighborhood Transformation Initiative (NTI), closed.  Cleveland Development...

August 30, 2018 Cleveland Development Advisors (CDA), an affiliate of the Greater Cleveland Partnership, provided a $250,000 loan to facilitate the opening of The Cleveland Bagel Company’s second...

July 10, 2018  Dave’s Supermarket, which has been serving the greater Cleveland area since the 1930s, is in the midst of building a grocery store to replace its flagship location.  “This move puts...

September 27, 2018  Cleveland Development Advisors closed financing on the $76 Million Dollar Euclid Grand development, (formerly the John Hartness Brown Complex at 1001-1101 Euclid Ave).  The...

June 7, 2018  The owners of a new cafe in Ohio City want their space to be a warm entryway for their coworkers, so they came up with a fitting name: Foyer.  Foyer, which aims to open Tuesday, June...

July 18, 2018  Ohio City Galley, a restaurant incubator concept, will open this fall in the old Forest City Savings and Trust Building.  The four sets of chefs will work rent-free for a year in...

CDA has proven itself to be one of the nation's most successful community development associations and we are proud of our strong record of catalytic investments.  2017 was another busy and...

March 22, 2018  The company held a ribbon cutting Wednesday for the 130,000-square-foot, two-story facility, with expansive windows, that opened in January at its St. Clair Avenue campus. Doing...

July 20, 2018  Residents and community leaders attended Thursday night's grand opening of One University Circle, a 20-story luxury apartment building located on the city's East Side.  Located at...

April 27, 2018  St. Martin de Porres High School recently moved into their brand new building at 6202 St. Clair Avenue in the St. Clair-Superior neighborhood of Cleveland. The $21-million project...

June 21, 2018  Although Ohio ranks fourth in the country for reports of human trafficking cases, there are just six beds available in Cleveland for rescued victims of modern-day slavery—and all six...

June 13, 2018  For the fifth year in a row, the Salvation Army of Greater Cleveland West Park Corps is waging war on food deserts in the West Park neighborhood by partnering with the Greater...

June 29, 2018  At 5805 Euclid Ave., just a few miles west of UH's main campus and UH Rainbow Babies and Children's Hospital in University Circle, the new center will start accepting patients July...

September 20, 2017  This year, Downtown Cleveland is l welcoming more than 1,000 units of housing to the market, increasing its population to more than 15,000 residents. 

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...

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,...

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...

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...

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,...

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...

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...

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...

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...

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...

September 29, 2017  It's a little after 3 p.m. on a recent sunny day in East Cleveland, and about a dozen youngsters are eagerly spilling out of a van and heading into the new Salvation Army...

February 12, 2017  Urban Community School serves children from 3 years old through eighth grade on the near West Side, 78 percent from families living at or below the poverty level.

April 13, 2017  Cleveland Development Advisors (CDA), an affiliate of the Greater Cleveland Partnership, closed on financing for the UH Rainbow Center for Women & Children in Midtown.     ...

2015 represented a milestone year for CDA.  It was 25 years ago, in December 1990, that CDA closed on its very first loan. 

CNMIF closed on 15 investments deploying a total of $16.4 million into some of the poorest neighborhoods in Cleveland.  

July 21, 2016  Developing the lakefront has been a mantra for many a year in Cleveland. The question, of course, is how do you do it – and not just in terms of raising money.

May 13, 2016  It looks like the square, which is on schedule and on budget for completion in June, is going to be knockout beautiful and unlike any other public space in the city.

June 6, 2016  The project received an $11 million Federal New Markets Tax Credit (NMTC) allocation as well as $1 million in Ohio New Markets Tax Credits, the final piece of the incentive package...

November 21, 2016  The positive momentum in Cleveland is expected to continue as the region received a $60 million federal tax incentive that will help drive new projects in the city estimated to be...

June 28, 2016  Just before the Republican National Convention begins, this city is making good this week on its longtime plan to renovate a 10-acre public green space, following a trend in major...

June 9, 2016  The city's first new high-rise apartment tower in more than 40 years will start inching skyward this summer, with money in place and site preparations under way.

September 17, 2016  Roughly two months after a renovated Public Square reopened in late June, Felton Thomas, director of the Cleveland Public Library, led a dozen Clevelanders on a Walk and Talk...

September 27, 2016  The Salvation Army of Greater Cleveland announced Friday, Sept. 23, that it is on track to finish all four of its current construction projects — collectively the largest project...

April 22, 2016  Urban Community School in Cleveland was honored today as a Green Ribbon School by the U.S. Department of Education for its comprehensive approach to being green in learning and...

October 4, 2016  Construction started Monday on a $60 million, mixed-use project that will remake a key intersection at the juncture of the Ohio City neighborhood and downtown Cleveland.

December 11, 2015  A century-old institution on Cleveland's East Side plans to open a West Side outpost by late summer of 2017, bringing a preschool and music programs to a growing city neighborhood.

April 29, 2015  The 8,500-square-foot spot makes its public debut at 1 p.m. Saturday. The opening includes a Kentucky Derby soiree, following by DJs at night.

October 14, 2015  The proposed new St. Martin de Porres High School in the St. Clair neighborhood and the Salvation Army's $35 million capital campaign for greater Cleveland will each receive $10...

July 29, 2015  A new boutique apartment building with a quirky history, the Creswell, 1220 Huron Road, is set to open with 80 luxury one- and two-bedroom apartments in Playhouse Square.

February 2015  A Politico Magazine video explores the role of Evergreen Cooperative in Cleveland's renaissance

March 2015  From dilapidated commercial structure to a $15 million, mixed-use development, it took a multitude of players to make it a reality.

January 27, 2015  The design of the much-anticipated downtown Heinen's supermarket in the Ameritrust Rotunda building blends history and retail in ways that should bring a beloved but long...

April 17, 2015  When renters start moving into riverfront apartments at the Flats East Bank project in July, they'll be marking a milestone - the opening of downtown's first built-from-scratch...

August 5, 2015  So far, the focus has been on bars and eateries in the $750 million Flats East Bank project. But the view is, perhaps, more impressive.

July 15, 2015  Soon enough, you too can sing us a song. Because, come August, you too can be the piano man – or, ahem, the piano women.  The Big Bang is coming to Cleveland.

February 2, 2015  Punch Bowl Social, a mash-up of restaurant and entertainment spot, has committed to a 27,000-square-foot space at the Flats East Bank project.

June 17, 2015  Cleveland Development Advisors is an affiliate of the Greater Cleveland Partnership. The following videos were presented at the June 17, 2015 annual meeting of the Greater Cleveland...

February 20, 2015  Wednesday morning, the Heinen twins will invite Cleveland residents and workers into the most ambitious store in the company's 86 years: their long-awaited, multimillion-dollar...

February 25, 2015  The new downtown Heinen's in the historic Cleveland Trust Building opened as scheduled at 10 a.m. Wednesday amid expressions of delight from dignitaries, foodies and public...

July 15, 2015  On June 1, residents began moving into Innova at 10001 Chester Avenue. The ultra-luxury apartments are attracting a diverse array of tenants with 177 new units ranging from 512 to...

Over the past 12 months, our city and our region have achieved numerous rewarding accomplishments and generated unparalleled momentum with exciting times still ahead.  CDA experienced one of its...

November 3, 2015  The Lincoln Electric Company has announced the development of a new Welding Technology Center on its Euclid, Ohio campus.

February 24, 2015  Lutheran Metropolitan Ministry (LMM) has achieved national accreditation through the New York-based Council on Accreditation (COA). Lutheran Metropolitan Ministry (LMM) has...

January 14, 2015  Cleveland's swankiest new hotel, the Metropolitan at the 9, was recently named one of the 101 best new hotels of 2014 by Conde Nast Traveler magazine.

June 15, 2015  Cleveland’s renaissance got a $50 million federal infusion that will be leveraged to help develop new projects in the city estimated to be valued at hundreds of millions of dollars....

April 6, 2015  Cleveland's Tudor Arms Hotel, completed in 1933 and originally an exclusive men's club, was recently inducted into the Historic Hotels of America, an organization that celebrates the...

February 6, 2015  The biennial award, established in 1987, has sought "to identify transformative urban places in America and to celebrate their impact on the economic, social, and physical fabric...

January 17, 2016  As it prepares to start building an apartment community near Edgewater Park in Cleveland’s Detroit Shoreway neighborhood, Garfield Heights-based NRP Group has hiked the...

January 17, 2015  Zack Bruell has thrown his restaurant group's hat into the ring. A Bruell seafood restaurant will join the growing group of dining and nightlife destinations opening in Cleveland's...

December 8, 2014  A modest but highly effective community development tool that has financed a significant part of Cleveland's renaissance may soon be lost unless Congress acts to secure it before...

May 7, 2014  During its heyday, the East Ohio Gas building was home to some of the most well-respected companies in the state

November 3, 2014  During the past 20 years, a major corridor in downtown Cleveland has been overrun with blight. At the heart of this corridor on the corner of Euclid Avenue and East Ninth Street

December 9, 2014  Lutheran Metropolitan Ministry and Joseph's Home don't build housing. Their mission is much more personal. The agencies rebuild lives and set the people they help on the path to...

March 23, 2014  The transformation of the former Ameritrust complex into apartments, a hotel, offices and a grocery store is approaching the halfway mark.

April 21, 2014  The developers of the Flats East Bank project tied up a financing package last week for their second phase, clearing a path for the 23-acre waterfront district's first apartments to...

September 4, 2014  After years of vacancy and demolition threats, the former Ameritrust complex is set to reopen within days

October 27, 2014  The $15 million Fairmont Creamery rehab represents one of Cleveland's latest creative reuses of an abandoned industrial building rich in history.

October 2, 2014  A 150-year-old Cleveland manufacturer plans to move next year, making way for an apartment revamp of its historic building in the Tremont neighborhood.

February 27, 2014  It's exciting to see new projects revitalizing downtown Cleveland and older neighborhoods that have endured generations of neglect. From Smart Business Marcia L.Fudge: Tax...

August 29, 2014  Burlington will open a new store in Cleveland's Steelyard Commons on Friday Sept., 26 with a ribbon cutting ceremony to celebrate new jobs

July 18, 2014  Blazing Bistro will take up residence in a recycled shipping container repurposed by Cleveland Custom Trucks.

View videos presented at Greater Cleveland Partnership Annual Meeting (June 20, 2013) "Momentum" "Financing Catalytic Projects" "Creating Connectivity" "Opportunity Corridor"

September 30, 2013  Developer Mitchell Schneider expects to start construction next month on the long-stalled second phase of Steelyard Commons, a large shopping center in Cleveland’s industrial valley

October 7, 2013  The buyer of the former Ameritrust complex has inked a deal with Marriott to bring an Autograph Collection hotal to E 9th Street

September 11, 2013  After nearly two years of negotiations and financial gymnastics, the shuttered East Ohio Building is poised for redevelopment

December 2, 2013  Another city where the new markets tax credit has had a major positive impact is Cleveland, Ohio. One of the most active local players is Cleveland Development Advisors

June 20, 2013  Northeast Ohio companies have committed $30 million to a new development fund managed by the real estate investment arm of the region's chamber of commerce.

April 25, 2013  Cleveland Development Advisors (CDA) has been awarded $30 million in federal tax credits by the U.S. Department of the Treasury.

September 1, 2012  As its name suggests, Cleveland, Ohio’s University Circle

September 28, 2012  As rush hour traffic bustled down Euclid last night, a man and woman clad from head to toe in blue spandex danced in fluid, slow motions atop black pedestals.

September 1, 2012  Since 1989, Cleveland Development Advisors has channeled nearly $181.9 million into urban real estate projects, from grocery stores in struggling neighborhoods to huge...

September 1, 2012  For many people who have been incarcerated, re-entering

September 12, 2012  Construction will start within weeks on 102 apartments in an empty PlayhouseSquare office building, now that a complex real estate deal has closed.

March 6, 2011  The Flats East Bank Project is a $275 million mixed-use development that will redefine Cleveland’s riverfront and lakefront for several generations.

May 26, 2011  The developers of the Flats East Bank project have inked a deal with a local burger joint, lined up prospects for a Mexican restaurant and a steakhouse, and recruited a local...

June 9, 2011  In the second round of awards, five Ohio entities will receive a total of $10 million in Ohio New Markets Tax Credits to spur economic investments, leveraging at least $25.6...

February 24, 2011

July 10, 2011  After decades of complacency followed by years of playing catch-up, Cleveland finally has the potential to stride forward.

August 20, 2010  Like tens of thousands of East Side commuters, I've driven past the looming mass of the 11-story Tudor Arms building for years without any idea of the grandeur of its...

December 21, 2010  Construction will start this week on the long-delayed Flats East Bank project, now that developers have finally locked in the money to build offices, a hotel, retail and a...

January 25, 2010  An interactive marketing agency plans to bring nearly 400 jobs to downtown Cleveland, into a largely empty office building just off Euclid Avenue near East Fourth Street.

July 29, 2010  After decades of discussions and nearly five years of planning, a developer finally is ready to build homes, stores and restaurants along Euclid Avenue in University Circle.

November 4, 2009  Work is under way to transform a landmark building at the edge of University Circle into a 154-room hotel, with a vintage swimming pool, a wood-paneled lobby and a floor of...