CentroVilla25 promises to showcase the Hispanic community within the vibrant tapestry of Northeast Ohio for decades to come. CentroVilla25 will be a top-of-mind destination place in the region.
With your support, CentroVilla25 will catalyze economic impact through
• job creation and business development,
• growing a thriving local economy, and
• a creative place-making that celebrates the Latino culture.
CentroVilla25 is critical to preserve the character of the Clark-Fulton community of Cleveland and ensure Latino and other small business owners have the opportunity for creating wealth.
CentroVilla25 embodies the long-cultivated collective vision for a vibrant, authentic, and inclusive Latino cultural district in the heart of the Clark-Fulton neighborhood that will serve as both an anchor and a magnet..
The Tapestry Of Northeast Ohio Includes The Vibrancy Of Hispanics. The Culture Is Beautiful And Magnetic.
Centrovilla25 Unites The Old, The New And The Future Of Art & Crafts, Food & Drink, Health & Well-being, And Year-round Celebrations With Family, Friends And The Opportunity To Make New Friends.
OUR COMMERCE
The mission of La Villa Hispana is to be the economic and cultural center district of the Hispanic community in Greater Cleveland. CentroVilla25 is the foundational development within district.
“When I think about CentroVilla25, I share that my mom was a natural entrepreneur that cleaned houses and sold food. If she would have had the opportunity to have a space at an affordable price and the tools to help her business grow, our economic status would’ve been different; we possibly would not have struggled as much. We would have been able to build wealth!”
– Jasmin Santana
Cleveland City Councilwoman Ward 14 & Majority Whip
Economic Impact from Construction and Operation
NEOHCED will provide technical assistance and expert business guidance to ensure the success of CV25 businesses and generate the economic potential of the CV25 project: JOBS, REVENUES AND TAXES
| Average Annual Employment | Cumulative Labor Income | Cumulative Value Added | Cumulative Output | Cumulative State and Local Taxes | Cumulative Federal Tax | |
|---|---|---|---|---|---|---|
| Construction and Renovation (2018‐2019) | ||||||
Cleveland |
46 jobs | $6.0M | $7.9M | $12.6M | $0.3M | $0.9M |
Cuyahoga County |
56 jobs | $7.2M | $10.0M | $15.8M | $0.6M | $1.3M |
Ohio |
86 jobs | $10.2M | $15.4M | $28.4M | $1.1M | $2.1M |
| Operation (2020‐2026) | ||||||
Cleveland |
119 jobs | $26.9M | $38.0M | $50.4M | $2.4M | $4.1M |
Cuyahoga County |
146 jobs | $35.4M | $56.7M | $87.5M | $5.6M | $7.3M |
Ohio |
189 jobs | $43.6M | $67.7M | $114.7M | $5.8M | $9.8M |
Source: https: //engagedscholarship.csuohio.edu/cgi/viewcontent.cgi?article=2567&context= urban_facpub
person CentroVilla25 Project Briefing
way to get intimate with this transformation initiative. Click on the links below to sign up for a
Briefing.
Total CV25 Cost: $10.2 Million
Construction Cost: $9.7M + Endowment $500K
The Goal of The CV25
Capital Campaign = $4.5M
CV25 Price Tag per Section/Feature
THANK YOU FOR YOUR GENEROUS ATTENTION. WE HOPE YOU CONSIDER MAKING A CONTRIBUTION TO CENTROVILLA25!
NEOHCED is a 501(c)3 nonprofit EIN #34-1805510. Your gift may qualify as a charitable contribution. Consult with your tax adviser.
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