New Markets Tax Credit Coalition

  • Cleveland,
  • OH
  • (2009)

Shoreway Commerce Park

District: Shontel Brown (D-OH11)

Located four miles from downtown Cleveland, Shoreway Industrial Park turned a partially occupied truck manufacturing site into a logistics and distribution hub for the metro area.

Investment

  • NMTC Amount: $14,618,550
  • Total Project Cost: $20,449,963

IMPACT

  • 275 FTE jobs
  • 12 construction jobs

CDEs

,

Investor

Project Description

Located four miles from downtown Cleveland, Shoreway Industrial Park (SIP) turned a partially occupied truck manufacturing site into a logistics and distribution hub for the metro area. Shoreway is the lead project in an International Trade District (ITD), which will be supported by intermodal logistics and distribution facilities with outstanding truck/highway and rail access, less than a quarter mile from Interstate 90 and with its own railway spur leading to main freight rail lines. The 27 acre industrial park has an additional 39 acres adjacent to the project that have been identified for future ITD development.

External Profile

MAP

Address: 853 East 75th Street, Cleveland, OH 44103

Census Tract: 39035111202

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