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Gateway Center at Oberlin College

Issuer(s)
DFWR // Dudley Ventures // Chase Bank
Investment Amount(s)
(in millions)
$5.25M // $6.5M // $2.7M
Closing Date
2016
County
Lorain

The Gateway Center at Oberlin College is expanding to include community space for the LaunchU Program, musical performing arts venue, greenspace plaza improvements needed to relocate the Oberlin Farmers’ Market, and additional parking and utility improvements.  This is a significant expansion of the University into the downtown Oberlin business district.

Development Fund of the Western Reserve provided a $5.25M New Markets Tax Credits (NMTC) allocation and partnered on this project with Dudley Ventures and Chase Bank, who brought an additional $9.2M NMTC allocation.

This project creates 270 construction jobs, in addition to the creation/retention of 172 full time permanent jobs.

Lorain County Health & Dentistry

Issuer(s)
DFWR // PNC Bank CDE
Investment Amount(s)
(in millions)
9.0 // 2.0
Closing Date
2013
County
Lorain