Explore CDA’s 2025 Investor Report detailing transformative projects, job creation, and community impact through strategic investments across Cleveland neighborhoods
West Side Market Transformation Project Closes on Landmark Investment Package with Cleveland Development Advisors and Investing Partners
$28 million investment package, the largest in CDA History, secures the remaining funds for West Side Market’s $53 million first stage of construction. CLEVELAND — April 15, 2025 — Cleveland Development Advisors (CDA) and Cleveland Public Market Corporation closed on...
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 federal New Market Tax Credit (NMTC) allocation paired with $2.5 million Ohio NMTC allocation to Urban Community School (UCS) for the construction of a $10 million athletic...
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 million loan to help finance predevelopment costs for the redevelopment of the 28-acre Park Synagogue campus in Cleveland Heights. The plan will focus on education, the arts...
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.