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Downtown Heinen's opens; CDA played pivotal financing role

The highly anticipated Heinen’s at The 9 opened last week to enthusiastic accolades. The supermarket provides a critical amenity to support the growing downtown population and completes the transformation of the vacant Ameritrust complex into a vibrant mixed use development.

Cleveland Development Advisors (CDA), the Greater Cleveland Partnership’s real estate and business finance affiliate, provided a $7 million New Markets Tax Credit allocation and $6 million in direct financing for this truly catalytic project.

The 9 complex includes 194 apartment units, a 156-room luxury hotel, and 70,000 square feet of retail and commercial space including the Heinen’s supermarket and offices Downtown Cleveland Alliance offices.

Learn more about The 9 project.

Click here or on the image to watch our video.

Fueling Cleveland’s revitalization

CDA investments have helped to fuel Cleveland's revitalization by focusing upon Cleveland's waterfront, central business district, University Circle, the Health Tech Corridor and more.

CDA collaborates with its strong network of public and private partners to structure the financing for these catalytic projects.

To learn more about CDA, its history and investments, click to visit the new CDA website.