Cleveland, Essigman Building

Closing Date: March 31, 2011
In March 2011, the Foundation provided an $85,358 loan to the Cleveland Downtown Development Authority for the acquisition and renovation of a commercial building located at 141 N. Main Street in downtown Cleveland. The completed project houses professional office space. The total project cost is $216,396.

Project Details

Loan Recipient
Cleveland Downtown Development Authority

Sub-Recipient
John Essigman, LLC

Project Cost
$216,396

GCF Loan Amount
$85,358

DD RLF Loan Amount, if any
N/A

Project Use
Professional Office
After
Foundation Project Impacts
299 New Downtown Businesses
1728 New Jobs Downtown
$147 Million in Private Investments
8 Cultural Facilities
288 Downtown Housing Units
157 Hotel Units Downtown
1,352,805 Redevelopment Floor Area sf
200,267 New Construction sf