Cleveland Gordon Square Apartment Project Secures Funding
Key Players and Financial Partners In Cleveland's real estate development scene, the Canopy apartment project at 6400 Herman Ave., Gordon Square, stands out as a significant venture. The project is led by the strategic partnership of Heirloom Company and Pride One Construction. This collaboration highlights a calculated synergy between the two firms. They effectively navigate complex financial structures together. Recently, Gordon Crossing, a 54-unit mixed-income housing development , also exemplified a strong strategic partnership model, gaining support from both public and private sectors. The project gains stability with financial backing from S&T Bank and Erie Bank. Additionally, the Port of Cleveland supports it through capital lease and bond issuance. Cleveland Development Advisors plays a vital role as well. Their involvement ensures financial stability and fosters trust in the project. These collaborations underscore the complex dance of joint ventures in urban developm...