Real Estate & Amenities
Appealing communities attract and retain dynamic businesses and talent.
Our focus is the next-generation allure for working, living, and playing in Greater Cleveland. We work with partners to:
- Enhance downtown, waterfronts and city neighborhoods through catalytic and connected developments.
- Expand recreational amenities including parks, arts and culture, sports, and other offerings.
- Transform airport and recruit more airlines and flights for both business and leisure travel.
Downtown & Waterfront Development
Transformational developments throughout the business district are underway, from our lakefront to our riverfront and from the west side through the east side. These include residential, commercial and civic projects as well as public spaces. Taken together, these developments will significantly enhance downtown as a place to work, live and play.
Investing in Neighborhoods
Real estate development towards an appealing community is a key priority. GCP's real estate development affiliate, Cleveland Development Advisors (CDA) works with partners to invest in catalytic projects that stimulate economic development.
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Cleveland Development Advisors
Cleveland Development Advisors is the real estate development affiliate of GCP. With partners, it identifies, positions and invests in catalytic, strategic and transformational projects that promote inclusive, thriving neighborhoods and economic growth. Since inception, it has invested $550 million in private capital and New Markets Tax Credits in 170+ projects in Greater Cleveland. The projects have resulted in 8,093 new housing units and 14.3 million square feet of commercial space and generated $4.3 billion of total development.
Enhancing Recreational Amenities
GCP is a catalyst and advocate for ensuring that region has and maintains a vibrant range of offerings in arts and culture, parks and trails, and sports and entertainment. These provide a high quality of life and attract companies and talent to the region.
Improving Air Services
Our Air Services Task Force works with the leadership of CLE and the City of Cleveland to support the airport transformation and the recruitment of new airlines and flights to the region.
