Downtown Real Estate Development
Downtown Cleveland has $1 billion in projects currently under construction and a residential population that doubled in the last 10 years. Join us as we continue to build a dynamic city center.
Downtown Cleveland 3D Development Model
See how downtown has changed and will change as development continues
Recent and Upcoming Projects
Incentives + Resources
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Tax rate freeze on 15 years of additional assessed value for residential construction or building conversion.
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Financial discounts and/or infrastructure improvements for a project.
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Tax reductions on commercial projects.
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Construction or renovation projects that create affordable housing units (minimum of 20% of units within the project), defined as 100% of Area Median Income (AMI) are eligible for incentives ranging from 85-100% tax reduction.
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Helps companies that need additional working capital beyond their traditional lines of credit by promoting low interest loans currently below 3%.
Contact Us
Fill out the form below and we will reach out to you with help for your Real Estate Development needs.
You can also contact Silvia Iorio, VP of Economic Development directly at siorio@downtowncleveland.com.