Steelyard Commons

Investment

  • NMTC Amount: $7,640,000
  • Total Project Cost: $18,492,213

IMPACT

  • 140 FTE jobs
  • 76 construction jobs
  • 70,000 sq. ft. of real estate

Investor

Project Description

In 2007 First Interstate properties transformed an abandoned steel mill into a regional shopping center with the creation of Steelyard Commons. Phase II(a) will build on the success of the first phase and incorporated an apparel retailer and (70,000 sq. ft.) as well as other complementary retail units.

MAP

Address: 3358 STEELYARD DRIVE, Cleveland, OH 44109

Census Tract: 39035104800

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Small business financing for the establishment of a restaurant that was slated to close.
Investment in steel fabricator positions small rural community as a leader in the heavy equipment supply-chain.
The Urban Community School, a private nonprofit K-8 school in a downtown Cleveland neighborhood, is expanding its campus to include substantial community benefits.