New Markets Tax Credit Coalition

Glenville Circle North

The first of Mayor Frank Jackson's Neighborhood Transformation Initiative projects, Glenville Circle North combines small business incubator spaces in collaboration with the City of Cleveland, 63 units of housing, a business accelerator and small market.

Investment

  • NMTC Amount: $15,000,000
  • Total Project Cost: $16,132,783

IMPACT

  • 48 FTE jobs
  • 100 construction jobs
  • 50,000 sq. ft. of real estate

Investor

Project Description

The first of Mayor Frank Jackson’s Neighborhood Transformation Initiative projects, Glenville Circle North combines small business incubator spaces in collaboration with the City of Cleveland, 63 units of housing, a business accelerator and small market. The mixed-use project is strategically positioned at the Gateway to the historic Glenville neighborhood just north of booming University Circle. Glenville Circle North, which includes 63 mixed-income apartments and a 13,000 sq. ft. business incubator.

MAP

Address: East 105th Street near Superior Avenue, Glenville, OH 44106

Census Tract: 39035118301

Other Ohio Projects

Rehab and construct mixed-use office, residential and business incubation space with all related grounds and facilities.
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NMTC supported renovation and expansion of an existing building for use as The Madcap Education Center.