Fairmont Creamery

Cleveland,
OH
(2013)

Fairmont Creamery

Housing, Mixed-use, Recreation

Investment

NMTC Amount: $11,350,000
Total Project Cost: $15,104,508

IMPACT

45 FTE jobs
90 construction jobs

CDEs

Cleveland Development Advisors, GS New Markets Fund

Investor

Goldman Sachs

Project Description

The 5-story Fairmont Creamery was constructed in 1930 and has been vacant since 1980. In addition to providing much needed housing and commercial space for the neighborhood, the redevelopment of the building will leverage streetscape investment from the City of Cleveland on Willey Ave and create a safe, pedestrian and bike friendly link between the Tremont and Ohio City Neighborhoods.

MAP

Address: 1720 WILLEY Avenue, Cleveland, OH 44113

Census Tract: 39035104100

Other Ohio Projects

Cristo Rey Columbus High School

Columbus,
OH
(2014)

Community, Private School, Religious Organizations, Schools

CDE(s): Chase, Finance Fund

Finance Fund provided $10.56 million in federal and state NMTCS to Cristo Rey to acquire and renovate the former Ohio School for the Deaf building for their Columbus facility.

University Hospitals Rainbow Center for Women and Children

Cleveland,
OH
(2017)

Children's Hospital, Community, Dental Services, FQHCs, Hospitals and Emergency Services

CDE(s): Cleveland Development Advisors, Northeast Ohio Development Fund, PNC

The UH Rainbow Center for Women & Children, a newly constructed facility of UH Rainbow Babies & Children’s Hospital and UH MacDonald Women’s Hospital, will serve a federally designated medical/dental

Findlay Kitchen

Cincinnati,
OH
(2016)

Affordable Housing, Business Development, Community, Historic Rehabilitation, Incubator, Manufacturing, Restaurants and Catering, Retail and Commercial

CDE(s): Urban Action Community Development

This is the substantial rehabilitation and adaptive reuse of eight historic buildings located in a three block area of the Over-the-Rhine neighborhood.

Rural King

Waverly,
OH
(2020)

Business Development, Manufacturing, Retail, Rural

CDE(s): Dudley Ventures, Finance Fund

Rural King used the NMTC to acquire an 800,000 sq. ft. building that was renovated to allow for expanded operations in Waverly, Ohio.