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Port of Cleveland funds $60 million for CRE developments

Port of Cleveland issued approximately $60 million in bonds to support the Belle Oaks Marketplace development and a mixed-use redevelopment in Seven Hills, Ohio. Most of the funding will go towards two buildings in the Belle Oaks Development, a three-story multifamily building and a four-story apartment building. The remaining $15 million of the bonds is allocated to the mixed-use redevelopment in Seven Hills. The 7 Hills District development will include a 60-bed rehabilitation facility, a Cooper’s Hawk restaurant, 144 townhouses, 6 houses, and other retailers.

For opportunities at Belle Oaks Marketplace, please contact Zachary Sogoloff, Executive Vice President, and/or Steve Altemare, Senior Vice President at Goodman Real Estate Services Group LLC. For opportunities at 7 Hills District, please contact Steve Altemare.

Port of Cleveland Board Advances Major Redevelopment Projects and Clean Ports Investments

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