The 89th Rising Housing Development will be the first modern, market-rate rental development in the central part of Cleveland’s Fairfax neighborhood. This multi-family project brings new housing options to the area and supports ongoing neighborhood revitalization efforts.
By providing high-quality rental units, the development addresses the growing demand for housing while contributing to the economic and social vitality of the Fairfax neighborhood. The project also strengthens connections to local amenities and supports long-term community growth.
- Total Project Cost – $10.5M
- Port Authority Issued – $550,000
- Port Authority Board Approval – December 2023
- Project Location – Cleveland – Fairfax Neighborhood
- Port Authority – Capital Lease Program (taxable)
- Completion Date – Q3 2025
- Financing Partners:
- Cleveland-Cuyahoga County Port Authority
- City of Cleveland
- Cuyahoga County
- Village Capital Loan
- Cleveland Development Advisors
- Urban Strategies Inc.
- Northeast Ohio Regional Sewer District
- Developer Equity
Explore the 89th Rising Housing Development and its community impact, here.