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$11.6 million LEED certified mixed-use building on Cleveland’s lakefront

Tuesday, October 16, 2018

Bricker & Eckler recently served as bond counsel to an Ohio port authority in the financing of the construction of a residential and commercial mixed-use building located along Cleveland’s lakefront. The building, which will accommodate 16 upscale residential rental units, a parking garage and retail tenants, is located next to the Rock & Roll Hall of Fame, the Great Lakes Science Center and FirstEnergy Stadium. $3.6 million in bonds issued to pay the costs of energy efficiency measures to achieve LEED certification will be secured and repaid using the PACE financing tool. A portion of those bonds were issued as “qualified energy conservation bonds.”

This is for informational purposes only. It is not intended to be legal advice and does not create or imply an attorney-client relationship.

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Colin J. Kalvas Partner

Columbus 614.227.4998 VCard

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