CiF & Congressman Jim Renacci tour real estate projects in Cleveland

Mr. Jim Krivanek discusses
leasing and tenant progress at the site
of a new project with Congressman Renacci

Last week, members of CiF’s executive staff and representatives from both the Cleveland Development Advisors and the Greater Cleveland Partnership met with Congressman Jim Renacci to tour Cleveland area real estate projects that received funding from the EB-5 program and/or the New Market Tax Credit program.

Congressman Renacci met with project developers and was able to get a behind-the-scenes look at some of Cleveland’s ongoing real estate projects.

Both the EB-5 and the New Market Tax Credit programs allow local projects to secure the funding necessary to bring developments online and create new jobs for the region. CiF is excited to be a part of the region’s continuing economic growth.

CiF tours Westin Hotel

Westin Hotel - CiF Project Tour
April 15, 2014

Scheduled to open in May 2014, construction is nearly complete at Downtown Cleveland’s newest hotel.

The state-of-the-art Westin Hotel provides travelers with superbly comfortable rooms, offers amenities such as the locally sourced Urban Farmer restaurant, and has a flexible 9,000 square foot conference space ideal for corporate meetings, weddings, and other large social gatherings.

CiF @ Invest in America Summit and Exhibition in Shanghai, China

CiF staff has recently returned from a major EB-5 tradeshow held in Shanghai, China. The fourth annual Invest in America Summit and Exhibition was attended by more than 80 exhibitors and provided CiF with direct access to hundreds of potential EB-5 investors.

The weekend long event brought together numerous US based Regional Centers, immigration attorneys, CPAs, and other EB-5 service providers with potential investors from across China. Seminars were held throughout the conference, with topics ranging from choosing EB-5 projects to an introduction to the US tax code.

CiF attends GCP Annual Meeting

The Greater Cleveland Partnership held its Annual Meeting this past week in the ballroom of Cleveland’s new Downtown Convention Center. With a packed house and dramatic accompanying videos, several speakers - including GCP CEO Mr. Joe Roman, KeyCorp CEO Ms. Beth Mooney, and the Governor of Ohio Mr. John Kasich – highlighted regional economic successes that GCP has been a part of over the past 10 years.

Created in 2004, the Greater Cleveland Partnership has been Cleveland’s Chamber of Commerce with a mission to invigorate Northeast Ohio’s regional economy. Now, ten years later, there is more than $18 billion in public and private sector capital investment that was either recently completed or currently underway.