Cleveland Development Advisors

Glad to see Cleveland's leadership in office-to-residential conversion recognized in The Wall Street Journal today (https://lnkd.in/gTD7jXVj) and also in the CBRE report and podcast linked below. This is the result of an All In public-private strategy-committed to over two decades ago-to grow downtown population (>21,000 now) and shrink older office space. A variety of public (local, state, and federal) and private funding tools have been implemented and utilized, including significant funding via Greater Cleveland Partnership's real estate affiliate, Cleveland Development Advisors. It's great others are seeing how Cleveland rocks. Stay tuned for what's next! Downtown Cleveland, Green Harvest Capital, PMC, City of Cleveland - City Hall, Cuyahoga County, Ohio Department of Development, U.S. Department of the Treasury https://lnkd.in/gbq4qfa8

Opening Day! Congratulations to Jenice Contreras, MBA and The Northeast Ohio Hispanic Center for Economic Development on the transformation of a vacant warehouse into this amazing vibrant multi use marketplace, and community hub. Kudos to all who remained dedicated over the years to bring this vision to life. #NeighborhoodTransformation #ImpactInvesting #NMTC Cleveland Development Advisors City of Cleveland - City Hall Jasmin Santana Ohio Department of Development

CentroVilla25 is finally here! ?? After years of dedication, we’re excited to give the community a first look inside Cleveland’s newest hub for Latin culture, food, and entrepreneurship. Come explore local vendors, taste authentic Latin cuisine, and celebrate this milestone with us! En espa?ol: ?CentroVilla25 finalmente está aquí! ?? Después de a?os de dedicación, estamos emocionados de brindarle a la comunidad un primer vistazo al centro más nuevo de cultura, comida y emprendimiento latino de Cleveland. ?Ven a explorar los vendedores locales, prueba la auténtica cocina latina y celebra este hito con nosotros! #SeeYouAtCV25 #CentroVilla25 #ClarkFulton #SupportLocal #ClevelandCommunityflying Video featuring: CentroVilla25 Tumbao58 Flying Pig Tacos and Jenice Contreras Featured by: News 5 Cleveland and Nadeen Abusada

Excited for our Founding Principal Naji H. Kelley selection into the Cleveland Development Advisors Equitable Developers 8 month Initiative program. #NHKcompanies #NHKxDevelopment #realestatedevelopment

Congratulations to University Settlement on the grand opening of their new facility! This is a major milestone for the organization and the Broadway Slavic Village community. The new facility will be instrumental in providing essential services and support to those in need. Here are some of the impacts of the new facility: ? Improved access to services: The new facility will make it easier for residents to access a variety of services, including education, health care, and social services. ? Increased economic opportunity: The new facility will create jobs and stimulate economic development in the community. ? Enhanced community engagement: The new facility will serve as a hub for community events and activities. ? Improved quality of life: The new facility will help to improve the quality of life for residents of the Broadway Slavic Village community. This project represents a significant investment in the future of the Broadway Slavic Village community. It will serve as a vital resource for residents and will help to create a brighter future for all. #SlavicVillage #CommunityDevelopment #cdfi #Cleveland #NMTC The NRP Group LLC Greater Cleveland Partnership Yvette Ittu

Day 1 with Cleveland Development Advisors, Capital Impact Partners, Cleveland Neighborhood Progress Village Capital Corp Equitable Developers Initiative (EDI) program was great. Omar Uddin, Uddin Development Consulting instructed us on the fundamentals and best practices using proformas. Case model: $10M Six55 Detroit development Developer: Richard Hosey Detroit is alive and well! As an emerging Black developer, meeting Richard in-person and learning how he put his first development to now, his current 400+ unit development was educational and inspiring. Lessons Learned: ?? Know your numbers ?? Be prepared to show bankers how your thinking through your project ?? Plan ahead ?? Plan for contingencies P.S. The food from Zanzibar was ?? #NHKxThoughts #CLExCDAEDI #realestatedevelopment #clevelandrealestate

We are thrilled to announce the winners of this year's MLK Plaza Pitch Competition, where local entrepreneurs presented their incredible business ideas for a chance to become part of the historic and reimagined MLK Plaza Market Hall! ??? ?? 1st Place: Katrina Cooke, Reasons To Care Healthcare Services, LLC ?? 2nd Place: Jakaila Banks, Delicious Delights ?? 3rd Place: Deborah Smith-Aarons, Skin District Store ?? Honorable Mention: Noire Wellness and Aesthetics, INC These entrepreneurs wowed our judges with their innovation, passion, and commitment to revitalizing the Hough community. Special thanks to our Gold Sponsor: NREUV Mechanical, Silver Sponsors: NREUV and Cleveland Development Advisors, and Community Sponsors: digitalC, DakJen Creative LLC, and Dr. Gina Merritt, MBA. Thank you to our amazing judges and everyone who supported this event. Your involvement helped make this competition a success as we work to empower Black-owned businesses and create lasting impact in our community. NREUV Mechanical Northern Real Estate Urban Ventures L.L.C. Cleveland Development Advisors DigitalC #MLKPlaza #PitchCompetition #CommunityOwnership #BlackOwnedBusiness #Empowerment #NREUV #PCC #HoughCommunity #ClevelandDevelopment #HTH #MlkPlazaPitchEvent

?? May Dugan Center's Renovation Celebration! ?? Cleveland Development Advisors is proud to have supported the May Dugan Center's amazing renovation with $5 million in New Markets Tax Credits! This project has transformed the center, allowing them to expand services and help even more people in our community. Here are some highlights: ? Food Distribution: Serving up to 370,000 more meals per year! ? Trauma Recovery: Expanded to reach all five Cleveland Police Districts. ? Behavioral Health: Increased capacity to serve over 700 clients annually. ? Education & Resources: State-of-the-art space for learning and development. ? Accessibility: Now ADA compliant and welcoming to all. ? Sustainability: LEED Certified! Congratulations to the May Dugan Center for their dedication to our community! ?? #MayDuganCenter #CommunityImpact #NewMarketsTaxCredits

CentroVilla25, a $14M community hub on West 25th, is nearing completion. With 20 micro-retail kiosks, a commercial kitchen, business incubator, and arts programming, it’s set to create 200 jobs and open by year’s end. The first tenant has moved in, and the grand opening is expected in November. As Hispanic Heritage Month winds down, GCP caught up with Jenice Contreras, CEO of The Northeast Ohio Hispanic Center for Economic Development, for an update on the transformative project. ?? https://lnkd.in/eCwHNcQd #GreaterCLE #AllIn CentroVilla25 Northeast Ohio Hispanic Chamber of Commerce The Northeast Ohio Hispanic Center for Economic Development City of Cleveland - City Hall Cleveland Construction, Inc.

Uddin Development Consulting (UDC) was invited to speak to a cohort of emerging developers in the Capital Impact Partners Cleveland EDI program. Omar Uddin instructed on the fundamentals of using proformas as a part of the pre-development process alongside Richard Hosey who used his $10M Six55 Detroit development as a model for understanding these fundamentals. Thank you to Capital Impact Partners, Cleveland Development Advisors, Greater Cleveland Partnership, and Cleveland Neighborhood Progress!