Aspen Place to Bring 40 Affordable Apartments to Cleveland EcoVillage

Funders and local officials to celebrate the groundbreaking of a new green, transit-oriented development at an event hosted by Detroit Shoreway Community Development Organization

CLEVELAND – On Friday, Aug. 25, the Developer Detroit Shoreway Community Development Organization (DSCDO) and Enterprise Community Partners will join Mayor Frank Jackson, State Senator Michael Skindell and City Councilman Matt Zone to celebrate the groundbreaking of Aspen Place, a new development that will provide 40 affordable apartments to low-income residents.

Aspen Place will serve as a model example of transit-oriented development, located immediately adjacent to the W. 65th Street Rapid Transit Station. The building will be owned, developed and managed by DSCDO. Marous Brothers Construction will serve as the design builder. Other partners and providers of project funding include Enterprise Community Investment, KeyBank, the Ohio Housing Finance Agency, the City of Cleveland, Cuyahoga County and the Finance Fund.

WHO:
Emcee: Matt Zone, City Councilman
Mayor Frank Jackson, City of Cleveland
Senator Michael Skindell, District 23
Dan Brady, Cuyahoga County Council President
Kenneth Surratt, Deputy Director, Housing and Community Development, Cuyahoga County
Joseph A. Calabrese, Chief Executive Officer, Greater Cleveland Regional Transit Authority
Tom Eastman, VP, Syndication, Enterprise Community Investment Inc.
Kelan Craig, Director of Planning, Preservation and Development, Ohio Housing Finance Association
Chip Marous, President, Marous Brothers Construction
Anya Kulcsar, Director of Real Estate Development, DSCDO

WHAT:
Groundbreaking of Aspen Place a green, transit-oriented affordable housing development located in the heart of the Cleveland EcoVillage.

WHEN:
Friday, Aug. 25, 2017
10 a.m.

WHERE:
Aspen Place
6016 Lorain Avenue
Cleveland, OH 44102

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Detroit Shoreway Community Development Organization’s vision is to act as a catalyst for community building resulting in a diverse, sustainable and desirable neighborhood in which to live, work, play and shop. Its mission and vision drive the organization daily in the projects and programs it develops and operates. DSCDO seeks to make this neighborhood the premier lakefront community in Northeast Ohio while also assisting low- to moderate-income individuals and families, creating a socially and economically diverse neighborhood.