CentroVilla25

This project serves as a pivotal anchor in the broader La Villa Hispana mission, seeking to redefine Cleveland’s Clark-Fulton neighborhood into a vibrant cultural district. CentroVilla25 envisions […]

Investment

  • NMTC Amount: $10,500,000
  • Total Project Cost: $12,384,000

IMPACT

  • 100 FTE jobs
  • 91 construction jobs
  • 92 jobs created and 8 jobs retained.
  • 17,668 sq. ft. of real estate

Investor

Project Description

This project serves as a pivotal anchor in the broader La Villa Hispana mission, seeking to redefine Cleveland’s Clark-Fulton neighborhood into a vibrant cultural district. CentroVilla25 envisions the project as a driver of substantial economic impact, fostering job creation, supporting business development, and nurturing a flourishing local economy. Moreover, it aims to cultivate a distinctive atmosphere that honors and celebrates the rich heritage woven into the fabric of this community.

The project features 20 micro-retail spaces (mercado), commercial kitchen, office space for neighborhood-serving organizations, specialty grocery store, lounge, community space for arts and culture programming and outdoor plaza. The project will catalyze economic impact through job creation and business development, growing a thriving local economy, and creative placemaking that celebrates the culture of the neighborhood. The project will address food insecurity by housing the special grocer, fresh produce vendors and food hall. The plaza and community space will serve as a community gathering place for arts and culture and business showcase.

MAP

Address: 2511 Clark Avenue, Cleveland, OH 44109

Census Tract: 39035197600

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