News & Media:
Innovative Program Expanding Opportunities for Minority Real Estate Developers Relaunches in Cleveland
A new group of 15 entrepreneurs is poised to help make sure the racial makeup of real estate developers reflects the Cleveland neighborhoods they work in.
Cleveland Development Advisors provides New Market Tax Credit Allocation to build Urban Community School Athletic Center
CLEVELAND, August 14, 2024 — Cleveland Development Advisors (CDA) has provided an $8 million...
Cleveland Development Advisors allocates $10 million in tax credits for Cleveland Kitchen expansion
CDA has allocated $10 million in New Markets Tax Credits to Cleveland Kitchen to consolidate & expand its production facility in the Central Kitchen Food Hub, a food incubator in the Midtown neighborhood.
Cleveland Development Advisors provides $300,000 for African Town Plaza in Fairfax neighborhood
CDA has closed on a $300,000 loan for predevelopment costs associated with the African Town Plaza project in the Fairfax neighborhood.
Cleveland Development Advisors provides $2 million for redeveloping 28-acre Park Synagogue campus
CLEVELAND HEIGHTS, April 16, 2024 — Cleveland Development Advisors (CDA) has closed on a $2...
Cleveland Development Advisors provides boost to CIA’s new media lab
(CDA) has closed on $8 million in Federal and Ohio New Markets Tax Credit (NMTC) allocations for the Cleveland Institute of Art’s $12.7 million state-of-the-art Interactive Media Lab.
CDA closes on $4.5 million loan for market rate rental housing in Fairfax
CDA announced the closing of $4.5 million in loans to help finance construction of a modern, market rate rental development in the central part of Cleveland’s Fairfax neighborhood.
Shaker Square: From urgent repairs to pursuing new vision for a Cleveland landmark
Shaker Square ready to pivot from repair to planning new future for a Cleveland landmark
Local coffee roaster Dahlia Coffee Co. opens Mexican coffee shop in Pivot Center
Dahlia Coffee Co. owner Natalia Alcazar opened a Mexican coffee shop at the Pivot Center a few months after starting a coffee roasting business.
CentroVilla25 secures NMTCs from Cleveland Development Advisors to help transform Clark-Fulton neighborhood into a vibrant Latino cultural hub.
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 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...
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.
Pioneering program selects 15 emerging developers of color to revolutionize real estate development in Cleveland
Fifteen promising entrepreneurs from diverse backgrounds have been selected to participate in an...
Inside the brand-new, high-end $50 million apartment building in Gordon Square
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.
New program aims to level the playing field for developers of color
Mission Possible: New initiative helps Cleveland real estate developers of color find opportunities
New Cleveland program aims to boost diversity in real estate development
A new program aims to boost the ranks of minority real estate developers in Cleveland — and to give them the tools, from money to financial know-how, to put shovels in the ground.
MRN’s redo of Voss property seeks Cleveland aid on taxes
Midtown Collaboration Center receives $10 million New Markets Tax Credit allocation from Cleveland Development Advisors to support construction of unique job creation hub
The Midtown Collaboration Center (MCC) – An additional Cleveland Foundation project positioned to...
CDA 2023 Investor Report
CDA’s annual investor report is out. In it, we highlight last year’s investments and we are proud to announce that we hit a major milestone: more than half a billion dollars invested in projects that are creating catalytic growth and opportunity in #CLE.
A Large-Scale LGBTQ-Focused Development Comes To Cleveland
Cleveland’s Fabulous New $100 Million Queer Development
Food producer wins $9.6 million USDA grant for project on Cleveland’s East Side
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.
Cleveland-based groups win $80 million in federal New Markets Tax Credits to aid projects
Two Cleveland-based community development organizations collectively nabbed $80 million in federal tax credits last week to support investments in low-income neighborhoods. CDA was awarded $35 million in NMTC..
$80 Million In New Market Tax Credits Awarded To Cleveland
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.
Treasury Announces $5 Billion in New Markets Tax Credit Awards to Revitalize Low-Income and Distressed Communities
Treasurer of the United States Chief Lynn Malerba, joined by CDFI Fund Director Jodie Harris, and others today announced more than $5 billion in (NMTC) awards nationwide.
Personal View: Make the New Markets Tax Credit program permanent
Over the past two decades, Greater Cleveland has benefited from millions of dollars of allocations from a well-regarded 20-year-old federal program — the New Markets Tax Credit (NMTC) program.
MAGNET’S new home in a renovated Hough elementary school in Cleveland aims to create opportunity, reverse industrial decline: Analysis
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.
Cleveland Development Advisors Supports Renovation and Expansion of May Dugan Center through $2.5 Million Bridge Loan and $5 Million New Markets Tax Credits Allocation
Cleveland Development Advisors (CDA), an affiliate of GCP, will provided a $2.5 million bridge...
Midtown-based Central Kitchen to expand retail offerings, flavor profiles
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.
Cleveland Development Advisors Allocates $5 Million in New Markets Tax Credits to MAGNET Headquarters Project in Cleveland’s Midtown Neighborhood
Cleveland Development Advisors (CDA), an affiliate of the Greater Cleveland Partnership (GCP), has...
Cleveland Development Advisors finalizes projects using $20 million in federal tax credits
March 1, 2022 Cleveland Development Advisors, announced that nearly $20 million of an available...
Cleveland nonprofits look to bring Equitable Development Initiative to the city
February 6, 2022 Two Cleveland nonprofits hope to help minority real estate developers scale up,...
Cleveland Development Advisor’s 2022 Investor Report
See how CDA continued to promote inclusive and thriving neighborhoods in Northeast Ohio in 2021 by...
Greater Ohio Policy Center provides second annual update on Opportunity CLE Neighborhoods initiative
GOPC's report provides JPMorgan Chase, the field and the broader public with a greater...
Western Reserve Land Conservancy buys 28-acre lakefront property with funding from Cleveland Development Advisors
December 6, 2021 CDA is providing a $4.5 million long-term loan to Western Reserve Land...
Cleveland Development Advisors Loan Supports First Multi-Story Mixed-Use New Construction in Detroit Shoreway in a Century
October 13, 2021 Cleveland Development Advisors (CDA), an affiliate of GCP, has provided a $2.4...
Glenville CircleNorth helps Black-owned businesses survive and thrive
August 11, 2021 While the coronavirus was wrecking lives and the global economy, locally,...
Cleveland Development Advisors awarded $50 million in Federal New Markets Tax Credits
September 10, 2021 Cleveland Development Advisors (CDA) was awarded $50 million in federal new...
Electric Gardens Takes Advantage Of Downtown Skylines And The Towpath Trail
January 13, 2021 Electric Gardens may be the kind of slick, glassy apartment building we want to...
OPEN ACCESS/REAP Selects Inaugural Candidates for Community Development Finance
January 25, 2021 The Open Access/REAP Program announced the selection of 23 professionals for a...
Cleveland Museum of Art’s new Community Arts Center endows West Side with a powerful new cultural amenity
April 30, 2021 Scheduled to open June 12, the Community Arts Center is an expansive, light-filled...
Cleveland Development Advisor’s 2021 Investor Report
See how CDA continued to promote inclusive and thriving neighborhoods in Northeast Ohio in 2020 by...
CDA Investment in Lead Safe Home Fund
June 28, 2021 Cleveland Development Advisors, an affiliate of Greater Cleveland...
Countdown begins for late 2021 opening of luxury apartments, boutique hotel at Fairview Park’s former NASA buildings
June 3, 2021 A countdown clock to liftoff has started for the late 2021 completion of the $46...
Greater Ohio Policy Center provides first annual update on Opportunity CLE Neighborhoods initiative
GOPC's report provides JPMorgan Chase, the field and the broader public with a greater...
Commercial restoration: How investors and CDCs encourage reuse of historical structures
March 25, 2021 Proof that such a restoration can work sits just across the street from Moreland...
Treo will bring 171 units to Ohio City-Tremont border
January 12, 2021 The latest in a series of luxury, mixed-use developments along the border of...
TREO Coming to W25th in Lincoln Heights area of Tremont
April 15, 2021 Cleveland Development Advisors, an affiliate of Greater Cleveland Partnership,...
The Pivot Center for Arts, Dance, and Expression turns one of Cleveland’s worst moments into community center
November 17, 2020 On the corner of Seymour Avenue, known to Clevelanders for all the wrong...
Cleveland financial advisor puts together financing to redevelop historic NASA Glenn site
November 10, 2020 Few investors or lenders have the appetite for financing hotel development these...
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...
UCS Helps MetroHealth Support Employees
October 2, 2020 The MetroHealth System teamed up with Urban Community School to offer assisted...
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...
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...
Glenville Circle North Receives LEED Silver Certification
Congratulations to Glenville Circle North apartments on being certified LEED Silver! By setting...
Cleveland Development Advisor’s 2020 Investor Report
Every year CDA provides an update to its investors and community partners detailing the projects...
Community Arts and Cultural Center Inside the Former Astrup Awning Company Brings New Identity to Seymour Avenue
January 3, 2020 While the world was learning about the horrors the women endured on Seymour...
Central Kitchen adds Love Local Collective CSA to support local farmers during COVID-19
Central Kitchen at 7501 Carnegie Avenue has teamed up with Northeast Ohio family farmers to give...
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...
Lincoln Electric Celebrates 125 Years
Lincoln Electric has worked diligently for 125 years by operating at a higher standard to build a...
Central Kitchen sets the table for minority-owned craft food startups to flourish
December 19, 2019 Eric Diamond was on vacation when he got a call from his Central...
With retail incubator set to open, Glenville envisions a new future
December 12, 2019 “Moving to Glenville is a choice of a commitment to this neighborhood,” says...
JPMorgan Chase awarding Cleveland $5 million in highly competitive process
October 23, 2019 Cleveland Development Advisors today announced $9 million in new commitments to...
Boys Hope Girls Hope of Northeastern Ohio to Open New Youth Development Facility
June 1, 2019 Boys Hope Girls Hope (BHGH), announces its Rajan Academy Center Grand Opening on...
‘Place-Making,’ Mixed-Use Development Revitalizes Cleveland Community
April 2019 Ohio-based real estate developer Snavely Group is spearheading the transformation of...
30 Years of Catalytic Investments: Cleveland Development Advisors
April 1, 2019 Every spring, the corner of Huron and Ontario comes alive: a sign winter is finally...
Downtown Akron’s Bowery Project expected to generate $245 million in economic impact over 20 years, study finds
September 19, 2019 The $42 million Bowery Project to renovate six historic buildings on Main...
7 things to know about Dave’s Market and Eatery opening in Midtown
February 25, 2019 The family brain trust behind Dave's Markets looked carefully for years for a...
Cleveland Development Advisors Investor Update 2019
CDA has a 30-year legacy of providing expertise and investments in real estate and business...
Cuyahoga County, Cleveland leaders unveil opportunity-zone plan
March 21, 2019 Opportunity CLE, a collaboration between the city of Cleveland, Cuyahoga County,...
The Beauty Shoppe is a Surface Travel Awards Finalist for Best New Coworking Space of 2019
August 30, 2019 Either in discussions of the gig economy, creative startups, or questionable...
Arts-centric plans for Cleveland’s Astrup building to reset Seymour Avenue’s story
December 15, 2018 From West 25th Street, the former Astrup Co. complex doesn’t look like much. ...
The Beauty Shoppe opens coworking location in Ohio City’s historic Seymour Building
August 15, 2018 Cleveland's small business community is buzzing with the opening of Beauty...
New Markets Tax Credits advance Boys Hope Girls Hope Campus Expansion
June 22, 2018 The New Markets Tax Credit (NMTC) financing for the $6.1 million expansion of the...
Akron’s Bowery Project Called Catalyst For Residential Growth
November 16, 2018 Friday was the groundbreaking for a $42 million effort to bring residents back...
Cleveland Development Advisors lines up first-ever Akron investment
August 3, 2018 Cleveland Development Advisors, the real estate financing affiliate of the Greater...
First Project in City’s Neighborhood Transformation Initiative Underway
September 21, 2018 Financing for the Glenville Circle North development, the first project in the...
The Cleveland Bagel to Open Second Location with Financing from CDA
August 30, 2018 Cleveland Development Advisors (CDA), an affiliate of the Greater Cleveland...
Local Grocer Continues to Supply Fresh, Healthy Foods to Cleveland
July 10, 2018 Dave’s Supermarket, which has been serving the greater Cleveland area since the...
CDA Provides $4 Million Loan for Euclid Grand Redevelopment
September 27, 2018 Cleveland Development Advisors closed financing on the $76 Million Dollar...
Foyer cafe to open in Ohio City
June 7, 2018 The owners of a new cafe in Ohio City want their space to be a warm entryway for...
First look at the menus coming to Ohio City Galley this fall
July 18, 2018 Ohio City Galley, a restaurant incubator concept, will open this fall in the old...
Cleveland Development Advisors Investor Update 2018
CDA has proven itself to be one of the nation's most successful community development associations...
Lincoln Electric opens $30 million Welding Technology & Training Center in Euclid
March 22, 2018 The company held a ribbon cutting Wednesday for the 130,000-square-foot, two-story...
Inside the grand opening of One University Circle luxury apartments
July 20, 2018 Residents and community leaders attended Thursday night's grand opening of One...
New St. Martin de Porres High School opens on Cleveland’s East Side
April 27, 2018 St. Martin de Porres High School recently moved into their brand new building at...
Hue Jackson wants to make the world a safer place for human trafficking victims—starting with CLE
June 21, 2018 Although Ohio ranks fourth in the country for reports of human trafficking cases,...
Salvation Army fights the war on hunger in West Park with produce distribution
June 13, 2018 For the fifth year in a row, the Salvation Army of Greater Cleveland West Park...
University Hospitals Rainbow Center for Women & Children to open July 9
June 29, 2018 At 5805 Euclid Ave., just a few miles west of UH's main campus and UH Rainbow...
Downtown Cleveland Celebrates Milestone of 15,000 Residents Making it the Largest Downtown in the State of Ohio
September 20, 2017 This year, Downtown Cleveland is l welcoming more than 1,000 units of housing...
CDA provides financing for The Beacon
September 1, 2017 CDA closed on a $5 million loan for Stark Enterprises’ new project, The...
CDA Invests New Markets Tax Credits in Charter Steel Expansion
May 4, 2017 Charter Steel closed on financing for its $153 million expansion project in Cuyahoga...
CDA invests in new home for The Children’s Museum of Cleveland
August 10, 2017 Cleveland Development Advisors (CDA) provided an $8 million New Markets Tax...
Children’s Museum of Cleveland ready to reopen Nov. 6 in Euclid Avenue mansion
September 8, 2017 The Children's Museum of Cleveland is keeping a promise. After leaving its...
CDA provides financing for new Dave’s Supermarket in Midtown
December 5, 2017 Financing closed for the new Dave’s Supermarket being constructed as part of the...
Edison is enticing draw at Gordon Square
February 19, 2017 Weston Wilson describes the wait until construction workers complete his...
First peek at new Children’s Museum of Cleveland in historic mansion
November 3, 2017 Young people are in for a surprise when the Children's Museum of Cleveland opens...
Cleveland Development Advisors Investor Update 2017
For more than a quarter of a century Cleveland Development Advisors (CDA) has focused private...
Cleveland’s One University Circle apartment tower already is landing some lofty tenants
October 11, 2017 The first renters won't move into One University Circle, the city's first new...
New $60M Ohio City apartment/retail project is reaching halfway point
September 19, 2017 The corner of West 25th Street and Detroit Avenue has been ugly and forgotten...
Salvation Army adds ‘Learning Zone’ to its East Cleveland community center
September 29, 2017 It's a little after 3 p.m. on a recent sunny day in East Cleveland, and about...
How Urban Community School helps students and families thrive
February 12, 2017 Urban Community School serves children from 3 years old through eighth grade on...
CDA Invests in the UH Rainbow Center for Women & Children in Midtown
April 13, 2017 Cleveland Development Advisors (CDA), an affiliate of the Greater Cleveland...
Cleveland Development Advisors Investor Update 2016
2015 represented a milestone year for CDA. It was 25 years ago, in December 1990, that CDA closed...
Cleveland New Markets Investment Fund: A Success Story
CNMIF closed on 15 investments deploying a total of $16.4 million into some of the poorest...
First look: Nuevo to open on East Ninth on lakefront
July 21, 2016 Developing the lakefront has been a mantra for many a year in Cleveland. The...
First look: Nearly finished Public Square renovation looks spectacular
May 13, 2016 It looks like the square, which is on schedule and on budget for completion in June,...
Lincoln Electric Welding Technology Center in Euclid moves forward
June 6, 2016 The project received an $11 million Federal New Markets Tax Credit (NMTC) allocation...
Cleveland Development Advisors receives $60 million federal award
November 21, 2016 The positive momentum in Cleveland is expected to continue as the region...
A Revitalized Cleveland Is Ready for Its Close-Up
June 28, 2016 Just before the Republican National Convention begins, this city is making good...
One University Circle apartment tower gets under way
June 9, 2016 The city's first new high-rise apartment tower in more than 40 years will start...
A renewed Public Square becomes Cleveland’s hippest events venue
September 17, 2016 Roughly two months after a renovated Public Square reopened in late June,...
Salvation Army to complete $35 million in construction projects by November
September 27, 2016 The Salvation Army of Greater Cleveland announced Friday, Sept. 23, that it is...
Urban Community School Recognized as National Green Ribbon School
April 22, 2016 Urban Community School in Cleveland was honored today as a Green Ribbon School by...
Construction starts on $60 million mixed-use project in Ohio City
October 4, 2016 Construction started Monday on a $60 million, mixed-use project that will remake...
NMTC investment brings the Music Settlement to West Side
December 11, 2015 A century-old institution on Cleveland's East Side plans to open a West Side...
Azure rooftop lounge at The 9 in Cleveland boasts stellar views of the city
April 29, 2015 The 8,500-square-foot spot makes its public debut at 1 p.m. Saturday. The opening...
St. Martin de Porres, Salvation Army to benefit from $20m in NMTC
October 14, 2015 The proposed new St. Martin de Porres High School in the St. Clair neighborhood...
Exclusive first look: the Creswell
July 29, 2015 A new boutique apartment building with a quirky history, the Creswell, 1220 Huron...
A Cleveland Renaissance?
February 2015 A Politico Magazine video explores the role of Evergreen Cooperative in Cleveland's...
Oberlin grads continue development aims with adaptive reuse of Fairmont Creamery
March 2015 From dilapidated commercial structure to a $15 million, mixed-use development, it took...
Downtown Heinen’s in Ameritrust Rotunda blends retail and history
January 27, 2015 The design of the much-anticipated downtown Heinen's supermarket in the...
Apartment leasing starts at Flats East Bank project in downtown Cleveland
April 17, 2015 When renters start moving into riverfront apartments at the Flats East Bank...
Cleveland Flats boardwalk boasts spectacular views
August 5, 2015 So far, the focus has been on bars and eateries in the $750 million Flats East...
Dueling pianos bar to open in Cleveland Flats project
July 15, 2015 Soon enough, you too can sing us a song. Because, come August, you too can be the...
Punch Bowl Social will bring diner-style food, cocktails, games to Flats East Bank project
February 2, 2015 Punch Bowl Social, a mash-up of restaurant and entertainment spot, has committed...
View videos presented at the Greater Cleveland Partnership Annual Meeting
June 17, 2015 Cleveland Development Advisors is an affiliate of the Greater Cleveland...
Why Heinen’s first downtown Cleveland store is more than just a supermarket
February 20, 2015 Wednesday morning, the Heinen twins will invite Cleveland residents and workers...
Heinen’s opens downtown supermarket in renovated Cleveland Trust Building
February 25, 2015 The new downtown Heinen's in the historic Cleveland Trust Building opened as...
Upscale Innova apartments are filling fast
July 15, 2015 On June 1, residents began moving into Innova at 10001 Chester Avenue. The...
Cleveland Development Advisors Investor Update 2015
Over the past 12 months, our city and our region have achieved numerous rewarding accomplishments...
Public-Private Partnerships Key to Securing Lincoln Electric Welding Technology Center Project
November 3, 2015 The Lincoln Electric Company has announced the development of a new Welding...
LMM Receives National Accreditation
February 24, 2015 Lutheran Metropolitan Ministry (LMM) has achieved national accreditation...
Cleveland’s Metropolitan at the 9 named a top new hotel in 2014 by Conde Nast Traveler
January 14, 2015 Cleveland's swankiest new hotel, the Metropolitan at the 9, was recently named...
$50 million federal award to Cleveland Development Advisors
June 15, 2015 Cleveland’s renaissance got a $50 million federal infusion that will be leveraged...
Cleveland’s Tudor Arms Hotel inducted into Historic Hotels of America
April 6, 2015 Cleveland's Tudor Arms Hotel, completed in 1933 and originally an exclusive men's...
Cleveland’s Uptown development named a finalist for prestigious Rudy Bruner Award
February 6, 2015 The biennial award, established in 1987, has sought "to identify transformative...
Edgewater apartment investment increases
January 17, 2016 As it prepares to start building an apartment community near Edgewater Park in...
Zack Bruell will open an eighth restaurant, in the Flats East Bank, this June
January 17, 2015 Zack Bruell has thrown his restaurant group's hat into the ring. A Bruell...
GCP advocates for extension of New Markets Tax Credit program
December 8, 2014 A modest but highly effective community development tool that has financed a...
Residences at 1717 featured in the Wall Street Journal
May 7, 2014 During its heyday, the East Ohio Gas building was home to some of the most...
The 9 featured in Novogradac Journal of Tax Credits
November 3, 2014 During the past 20 years, a major corridor in downtown Cleveland has been...
Lutheran Metropolitan Ministry’s valuable work to get support through Good News Giving 2014
December 9, 2014 Lutheran Metropolitan Ministry and Joseph's Home don't build housing. Their...
March 23, 2014 The transformation of the former Ameritrust complex into apartments, a hotel,...
Flats East developers wrap up Phase 2 financing
April 21, 2014 The developers of the Flats East Bank project tied up a financing package last...
First look at The 9 project
September 4, 2014 After years of vacancy and demolition threats, the former Ameritrust complex is...
Fairmont Creamery will open with full occupancy
October 27, 2014 The $15 million Fairmont Creamery rehab represents one of Cleveland's latest...
Fairmont Creamery developers target next project
October 2, 2014 A 150-year-old Cleveland manufacturer plans to move next year, making way for an...
Congresswoman Fudge Editorial highlights CDA investments
February 27, 2014 It's exciting to see new projects revitalizing downtown Cleveland and older...
CDA provides financing for Fairmont Creamery redevelopment
January 6, 2014 Despite the frigid temperatures, work will start this week to turn a former...
Burlington to open store at Steelyard Commons
August 29, 2014 Burlington will open a new store in Cleveland's Steelyard Commons on Friday...
cle’s first shipping container-based eatery to debut at north coast harbor
July 18, 2014 Blazing Bistro will take up residence in a recycled shipping container...
View videos presented at 2014 Greater Cleveland Partnership Annual Meeting
View videos presented at Greater Cleveland Partnership Annual Meeting (June 20, 2013) "Momentum"...
Developer set to break ground on Steelyard Commons phase 2
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
Developer announces Marriott Autograph Collection Hotel for former Ameritrust location
October 7, 2013 The buyer of the former Ameritrust complex has inked a deal with Marriott to...
CDA provides financing for East Ohio Gas building redevelopment
September 11, 2013 After nearly two years of negotiations and financial gymnastics, the...
St. Luke’s renovation highlighted in Tax Credit Advisor
December 2, 2013 Another city where the new markets tax credit has had a major positive...
CDA’s most recent capitalization announced at Greater Cleveland Partnership Annual Meeting
June 20, 2013 Northeast Ohio companies have committed $30 million to a new development fund...
CDA Awarded $30 Million NMTC Award
April 25, 2013 Cleveland Development Advisors (CDA) has been awarded $30 million in federal...
Uptown project financed by CDA featured in Novogradac Journal of Tax Credits
September 1, 2012 As its name suggests, Cleveland, Ohio’s University Circle
Uptown Development opens with Ribbon Cutting
September 28, 2012 As rush hour traffic bustled down Euclid last night, a man and woman clad...
Plain Dealer features CDA
September 1, 2012 Since 1989, Cleveland Development Advisors has channeled nearly $181.9...
Lutheran Metro Ministries project financed with CDA New Market Tax Credits featured in Novogradac Journal of Tax Credits
September 1, 2012 For many people who have been incarcerated, re-entering
CDA closes on financing for Hanna Building Annex project to build apartments in Playhouse Square
September 12, 2012 Construction will start within weeks on 102 apartments in an empty...
The Flat’s East Bank Project . . . Cleveland’s waterfront revitalization is now underway
March 6, 2011 The Flats East Bank Project is a $275 million mixed-use development that will...
Flats East Bank developers sign deal for restaurants and outdoor nightclub
May 26, 2011 The developers of the Flats East Bank project have inked a deal with a local...
Cleveland New Markets Investment Fund II awarded $10 million of State of Ohio New Market Tax Credits
June 9, 2011 In the second round of awards, five Ohio entities will receive a total of $10...
CDA awarded $35 million in New Market Tax Credits
February 24, 2011
Billions of dollars in development, redevelopment stir up dust around Cleveland
July 10, 2011 After decades of complacency followed by years of playing catch-up, Cleveland...
Tudor Arms renovation is bringing a highly visible piece of old Cleveland back to life
August 20, 2010 Like tens of thousands of East Side commuters, I've driven past the...
Flats East Bank project closes financing, to start construction
December 21, 2010 Construction will start this week on the long-delayed Flats East Bank...
Digital agency Rosetta plans to bring nearly 400 jobs to new downtown Cleveland offices
January 25, 2010 An interactive marketing agency plans to bring nearly 400 jobs to downtown...
Developer MRN Ltd. to break ground Monday on Uptown project in University Circle
July 29, 2010 After decades of discussions and nearly five years of planning, a developer...
Former Tudor Arms Hotel to be transformed into a Doubletree hotel
November 4, 2009 Work is under way to transform a landmark building at the edge of...
Former Tudor Arms Hotel to be transformed into a Doubletree hotel
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 restored ballrooms and event spaces.
First look: The new luxury apartments at 75 Public Square in Downtown Cleveland
The Providence House breaks ground Friday on their new location in Buckeye Shaker neighborhood
Original ‘Illuminating Building’ to become Cleveland’s newest apartments, retail space
NASA buildings transition from ‘space race’ to luxury space in Fairview Park
Treo apartment project in Cleveland on way to $1.2M tax incentive
Treo will bring 171 units to Ohio City-Tremont border
Chicago-by-way-of-Cleveland developers plan 170 new apartments on edge of Tremont, Ohio City neighborhoods
