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NRP Holds Grand Opening in Cleveland’s Broadway-Slavic Village
The NRP Group recently held the grand opening of 5115 at The Rising in Cleveland’s Broadway-Slavic Village. Cleveland Mayor Justin Bibb was in attendance, alongside representatives from University Settlement, a nonprofit organization providing social services to the neighborhood for more than 90 years.
The mixed-use residential community comprises 78 apartments and 10 townhomes, all of which are affordable residences that will be reserved for low- to moderate-income renters. Supported by The Ohio Housing Finance Agency’s Housing Tax Credit program, the community currently has a waitlist of potential residents and has received more than 2,200 inquiries.
In addition to the residential units, University Settlement will relocate its offices to the building, occupying 20,000 square feet of commercial space on the ground level of the property. Another 5,000 square feet of commercial space will serve as a food pantry and a Cuyahoga Community College Access Center.
- ◦Development
