Addressing the vacancy issue and related challenges of the NineTwelve District has been recognized by a number of civic and business interests as an important priority. AmTrust Financial Services acquired and redeveloped the nearly-vacant building at 800 Superior Avenue for its operations bringing 1,000 new jobs to downtown Cleveland.
Project Partners: City of Cleveland; Cuyahoga County; Key Bank; State of Ohio
| Completed | 2013 |
|---|---|
| Location | 800 Superior; Nine Twelve District (Downtown) |
| Project Type | Mixed Use; Rehab |
| Program | 475,000 SF office |
| Sponsor | AmTrust Financial Services and Affiliate |
| CDA Investment | $10 million NMTC allocation from CNMIF II |
| Total Project Costs | $25 million |
| Community Demographics | Poverty Rate: 36.4% Median Income: 116.5% Unemployment Rate: 17.8% |
The developer committed to construction participation goals for Minority, Female, and Cleveland Small Businesses (MBE/FBE/CSB) as well as minority, female, and City of Cleveland resident workers.
The project sponsor relocated its operations to the project site bringing 1,000 new permanent jobs to downtown Cleveland.
The project advanced a community initiative by reducing the high office vacancy plaguing the Nine Twelve District.
The project is located on several major bus routes and within several blocks of the RTA commuter rail line.