The City of Cleveland, Cleveland Clinic, Meijer, Fairfax Renaissance Development Corporation, and Fairmount Properties opened a new grocery market and apartment complex in the Fairfax neighborhood of Cleveland. Positioned to help revitalize and transform the neighborhood, the project contributes to creating a healthier community by addressing food insecurity, supporting economic development, and providing a new shopping destination for residents of surrounding areas.

This mixed-use residential and retail project blends modern apartments with a high-quality grocery market, offering both housing and essential services to the community. By combining residential and retail space, the project supports neighborhood growth and long-term sustainability.

  • Total Project Cost – $60M
  • Port Authority Issued – $33M
  • Port Authority Board Approval – November 2021
  • Project Location – Cleveland – Fairfax Neighborhood
  • Port Authority – Capital Lease Program (taxable)
  • Completion Date – Q2 2023
  • Financing Partners:
    • Cleveland-Cuyahoga County Port Authority
    • City of Cleveland (HUD 108 Loan)
    • PACE Loan
    • Developer Equity

Explore the project and community impact, here.