The Residences at Hanna

Investment

  • NMTC Amount: $8,880,000
  • Total Project Cost: $25,419,465

IMPACT

  • 45 FTE jobs
  • 100 construction jobs
  • 120,000 sq. ft. of real estate

Investor

Project Description

The historic renovation and adaptive reuse of this 120,000 sq. ft. nearly-vacant office building will serve as a catalyst to create a 24/7 vibrancy in the Playhouse Square neighborhood, a regional destination for theatre. The addition of this retail and housing provides needed amenities creating a vibrant neighborhood.

MAP

Address: 1401 Prospect Avenue, Cleveland, OH 44115

Census Tract: 39035107701

Other Ohio Projects

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

Construction of a new state-of-the-art facility that will focus on training welding educators and industry leaders.

Construction of an 89,650 sq. ft. full-service Kroger grocery store and pharmacy, expected to serve 42,631 customers annually.
Construction of new Neuroscience Institute facility and parking garage, and acquisition of equipment and machinery for owner-occupied hospital.