Geis 1010 Rotunda

New Markets Tax Credit Coalition

Cleveland,
OH
(2014)

Geis 1010 Rotunda

Grocery and Fresh Food, Mixed-use

Investment

NMTC Amount: $24,640,000
Total Project Cost: $53,727,937

IMPACT

350 FTE jobs
1,100 construction jobs

CDEs

Cleveland Development Advisors, Consortium America, Finance Fund

Investor

PNC

Project Description

Redevelopment of the vacant Swetland Building Rehab office building into apartments, office space, a full service grocery store and a hotel.

MAP

Address: 1010 Euclid Avenue, Cleveland, OH 44115

Census Tract: 39035107701

Other Ohio Projects

Bethany House Services

Cincinnati,
OH
(2021)

College or Vocational Training, Healthcare, Nonprofit Hub, Vocational Training, Youth Program

CDE(s): Cincinnati Development Fund, Local Initiatives Support Corporation, PNC

Bethany House Services used NMTC financing to construct a new 222-bed homeless shelter facility and comprehensive services center to significantly streamline its operations and expand its physical capacities.

Kroy Phase 2

Cleveland,
OH
(2021)

Manufacturing

CDE(s): National New Markets Fund, PNC

This investment allowed Kroy to purchase new equipment to expand its manufacturing operations of bar codes, liner-less labels and other products.

Fairmont Creamery

Cleveland,
OH
(2013)

Housing, Mixed-use, Recreation

CDE(s): Cleveland Development Advisors, GS New Markets Fund

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

Crossroads Uptown

Cincinnati,
OH
(2015)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): PNC, Uptown Consortium

Located near the University of Cincinnati campus, Crossroads Uptown serves the college community and Uptown neighborhoods north of downtown Cincinnati.