Hemingway at Richmond

New Markets Tax Credit Coalition

Cleveland,
OH
(2012)

Hemingway at Richmond

Professional Services

Investment

NMTC Amount: $16,450,000
Total Project Cost: $19,957,231

IMPACT

155 FTE jobs
40 construction jobs

CDEs

Cleveland Development Advisors, Key Bank

Investor

Key Bank

Project Description

Construction of the new Marcus Thomas headquarters enabled the privately owned local marketing firm to stay in the existing community and expand its workforce.

MAP

Address: 4781 RICHMOND ROAD, Cleveland, OH 44128

Census Tract: 39035188107

Other Ohio Projects

Habitat for Humanity Greater Cincinnati

Cincinnati,
OH
(2012)

Community, Habitat for Humanity, Housing

CDE(s): CEI Capital Management

NMTC financing supported a multi-state, first of its kind Habitat for Humanity project spanning the country.

Overland Industrial Parkway

Toledo,
OH
(2017)

Auto Manufacturing, Business Development, Manufacturing

CDE(s): Finance Fund

Construction of manufacturing warehouse facility, site development work, machinery/equipment and fixtures/finishes for lease to automotive supplier manufacturing company.

Wilmington College Sports Science Center

Wilmington,
OH
(2014)

Adult Education, College or Vocational Training, Community, Healthcare, Recreation, Rural

CDE(s): Finance Fund

A new, 48,100 sq. ft. complex on the Wilmington College campus is bringing jobs, an athletic training program and medical services to a non-metro Clinton County community.

Urban Community School Education and Wellness Campus

Cleveland,
OH
(2019)

Behavioral Health, Community, Daycare and Early Childhood, Dental Services, FQHCs, Healthcare, Mixed-use, Nonprofit Hub, Shelters and Community Food, Youth and Families

CDE(s): Grow America, Low Income Investment Fund, PNC

Development of a project, including a 17,400 square foot early childhood and parent development center, a 32,650 square foot federally qualified health center with a 115 square foot food bank