|Location||2550 Detroit Ave.; Ohio City neighborhood|
|Project Type||Residential; New construction|
|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%
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.
Environmentally Sustainable Outcomes
The new construction is following the Enterprise Green Communities guidelines.
Executed Community Benefits Agreement
The project sponsor has committed to quantifiable community impacts by executing a Community Benefits Agreement.
Advances Neighborhood Revitalization
The project will create a vibrant connection between Ohio City, Hinge Town and the Gordon Square Arts District.