East Ohio Gas

Cleveland,
OH
(2013)

East Ohio Gas

Community, Historic Rehabilitation, Housing, Mixed-use, Mixed-use and Commercial, Retail

Finaning for a 350,000 sq. ft. mixed use project with a residential and retail component.

Investment

NMTC Amount: $18,340,000
Total Project Cost: $65,563,485

IMPACT

90 FTE jobs
200 construction jobs
Rehabilitation of a vacant or under-utilized historic structure.
350,000 sq. ft. of real estate

CDEs

Cleveland Development Advisors, Grow America, PNC

Investor

PNC

Project Description

East Ohio Gas (EOG) is a 350,000 sq. ft. mixed use project with a residential and retail component. K & D Group will redevelop the vacant East Ohio Gas building into 223 units of housing, 10,300 sq. ft. of retail space and a parking garage with 550 spaces. The NMTC equity will ensure that 45 of the apartments were brought to the market as affordable units. The project is located in the heart of Cleveland’s “NineTwelve” Redevelopment District, which the City of Cleveland has designated to be of critical importance to the stabilization of the downtown area. The goal of the district is to create a distinct neighborhood within downtown Cleveland that is dynamic and vibrant, creating a new identity for the floundering former financial district.

MAP

Address: 1717 East Nineth Street, Cleveland, OH 44114

Census Tract: 39035107701

Other Ohio Projects

Boys Hope Girls Hope of Northeastern Ohio

Cleveland,
OH
(2019)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families

CDE(s): Cleveland Development Advisors

The construction ofthe Rajan Academy Center allowing more than 200 Scholars to participate in an empowering home-like education atmosphere.

PUBCO/Kroy

Cleveland,
OH
(2020)

Business Development, Community, Manufacturing, Veterans Services

CDE(s): Chase, National New Markets Fund

Expansion of PUBCO's operations and its manufacturing operations and capacity at its industrial campus in inner-city Cleveland by purchasing and installing new state-of-the-art equipment.

100 Public Square

Cleveland,
OH
(2007)

Community, Healthcare

CDE(s): Cleveland Development Advisors, Consortium America, Local Initiatives Support Corporation

The project is a collaborative public/private effort to dramatically update the 10-acre Public Square into a catalytic, dynamic, world-class public space in the heart of downtown Cleveland.

Community Treatment and Correctional Center

Canton,
OH
(2017)

Community, Healthcare

CDE(s): IFF

Rehabilitation and expansion of halfway house, expanxing from 56 beds to 75 beds as well as achieve its long-time vision to bring housing and administrative functions under one roof.