Economic Development Dashboard 2012 and Current Economic Development Projects Corporate Company/Borrower Address City Zip Loan/Contract Dollars Acres Interest Rate Term Forgiveness Jobs Created Jobs Retained Program Source of Funds Use of Funds Council CommitteeRevi Council/BOC/CPB Closed Date Process Name/Project Name Amount Leveraged Assessed, District ew Date Approval Date Cleaned Asia Plaza Asia Plaza Company Payne and East Cleveland $ 500,000 $ - 5.00 4.00% 10 yrs 0.4 0 400 BRF BRF Bond Cleanup 7 3/14/2012 3/26/2012 5/30/2012 30th Street Closed Micelis Phase II Miceli-Lograsso Buckeye and East Cleveland $ 1,000,000 $ 4,800,000 7.84 4.00% 15 yrs 0.45 50 130 BRF BRF Bond Cleanup 9 6/8/2011 7/26/2011 7/31/2012 Expansion Development III, LLC 92nd Street Closed SS Kemp Expansion 4582 Willow Parkway, 4582 Willow Cuyahoga $ 500,000 $ - 3.07 0.00% 6 yrs 100% 15 130 BRF BRF Bond Cleanup & Demo 8 3/14/2012 4/9/2012 LLC Parkway Heights In process Dike 14 Cleveland-Cuyahoga 8701 Lakeshore Cleveland $ 600,000 $ 600,000 5.00 NA 1 year 1 0 0 BRLF USEPA RLF* Cleanup 7 County Port Authority Boulevard NA 3/27/2012 8/27/2012 Closed Former Midland Steel City of Cleveland 11000 Madison Cleveland $ 200,000 $ 6,111,434 22.00 NA 1 yr 1 300 0 BRLF USEPA RLF* Cleanup 3 NA 5/23/2011 6/8/2011 Avenue Closed Warner & Swasey City of Cleveland 5701 Carnegie Cleveland $ 1,129,788 $ 3,000,000 7.90 NA 2 yrs 1 200 0 BRLF USEPA RLF* Asbestos Abatement 8 NA 12/13/2011 7/10/2012 Avenue Closed 11701 Superior CenterMark Cleveland $ 31,936 n/a 0.25 n/a n/a n/a n/a n/a CAI BF-ED Funds PI & PII Environmental 7 Development Assessment 3/5/2012 Closed 1200 Detroit Grand C Corporation Cleveland $ 35,000 n/a 1.30 n/a n/a n/a n/a n/a CAI BF-ED Funds PII Environmental 3 8/20/2012 Assessment Closed 1235 West 65th Oberlin Building Cleveland $ 35,000 n/a 0.25 n/a n/a n/a n/a n/a CAI FY09 USEPA Funds PII Environmental 3 3/5/2012 Company Assessment Closed 1265 West 65th Detroit Shoreway Cleveland $ 26,807 n/a 1.12 n/a n/a n/a n/a n/a CAI BF-ED Funds P II Assessment 3 Community 4/2/2012 Development Corp. Closed 2323 Lee Road Heights Dental Cleveland Hts. $ 24,967 n/a 0.51 n/a n/a n/a n/a n/a CAI BF-ED Funds P II Assessment 10 3/19/2012 Closed 4400 Woodland 2394 Canal Road LLC Cleveland $ 41,500 n/a 3.12 n/a n/a n/a n/a n/a CAI BF-ED Funds PI & PII Environmental 8 Avenue DBA National Freezer Assessment 2/13/2012 Closed 5700 Detroit Detroit Shoreway Cleveland $ 6,500 n/a 0.71 n/a n/a n/a n/a n/a CAI BF-ED Funds PI Environmental 3 Community Assessment 3/12/2012 Development Corp. Closed 5700 Detroit Detroit Shoreway Cleveland $ 34,937 n/a - n/a n/a n/a n/a n/a CAI FY09 USEPA Funds PII Environmental 3 Community Assessment 6/25/2012 Development Corp. Closed 826 E Schaaf Village of Brooklyn Brooklyn Hts $ 41,500 n/a 16.90 n/a n/a n/a n/a n/a CAI BF-ED & FY09 USEPA PI & PII Environmental 6 HTS. Funds Assessment 3/5/2012 Closed Viking Hall Demo Cleveland State Euclid and East Cleveland $ 2,000,000 $ 26,900,000 1.70 NA 3 yrs 1 50 0 CORF Clean Ohio Asbestos Abatement 7 University 22nd Street Revitalization Fund** & Demo NA NA 2/8/2012 Closed 1805 East Carson Fat Head's Brewing 18673 Sheldon Middleburg 44130 $ 485,468 $ 1,213,670 n/a 2.00% 7 yrs 0 18 0 ED Loan CDBG Equipment 5 12/12/2011 1/27/2012 Closed Street Corporation Company Road Heights Stoneworks Inc. Stoneworks Inc. 5194 Richmond Bedford 44146 $ 468,000 $ 1,461,960 n/a 2.00% 10 yrs 0 10 60 ED Loan CDBG Equipment 9 2/8/2012 Road Heights 7/28/2012 Closed Heights Dental Group Heights Dental Group 2278 Lee Road Cleveland 44118 $ 156,000 $ 415,000 n/a 2.00% 15 yrs 0% 6 4 ED Loan CDBG Real Estate 10 11/9/2011 Heights In process J&F Transportation 5400 Warner Road, LLC 5400 Warner Road Valley View 44125 $ 202,000 $ 525,000 n/a 2.00% 15 yrs 0 6 2 ED Loan GF Real Estate 6 2/8/2012 In process Mitchell's Ice Cream P & M Ohio City, LLC 1867-1873 West Cleveland $ 50,000 $ 2,175,000 n/a 0.00% 8 yrs 100% 25 0 ED Loan GF Renovation 7 10/14/2011 11/7/2011 25th Street In process ED Dashboard Page 1 12/17/2012
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