The Quarter
Project Details
| Completed | 2018 |
|---|---|
| Location | 2550 Detroit Ave.; Ohio City neighborhood |
| Project Type | Residential; New construction |
| Program | 194 apartments |
| Sponsor | The Snavely Group |
| CDA Investment | $2.5 million loan |
| Total Project Costs | $38.1 million |
| Community Demographics | Poverty Rate: 37.2% Median Income: 149.5% Unemployment Rate: 12.9% |
Impact
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Diversity and Inclusion
The project sponsor committed to construction participation goals for Minority, Female, and Cleveland Small Business (MBE/FBE/CSB) as well as minority, female and City of Cleveland residents.
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Environmentally Sustainable Outcomes
The new construction is following the Enterprise Green Communities guidelines.
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Executed Community Benefits Agreement
The project sponsor has committed to quantifiable community impacts by executing a Community Benefits Agreement.
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Advances Neighborhood Revitalization
The project will create a vibrant connection between Ohio City, Hinge Town and the Gordon Square Arts District.