Axis at Ansel - Student Focused Market Rate Housing Project


Cleveland, Ohio

143,000 SQ. FT.

$26,250,000

Construction & Permanent Debt Financing

$4,000,000

Ohio Air Quality Development Authority

Air Quality Revenue Bonds


$2,906,388

Property Assessed Clean Energy ("PACE") Financing

Financial Advisor & Debt Arranger

Executive Summary

Axis at Ansel, an approximately 143,000 SF, 163-unit housing project anchored by approximately 1,000 SF of street-front retail space brings new life to the corner of Ansel Road and Hough Avenue on the East Side of Cleveland.



Project Details

This community-driven living space is strategically and centrally located within walking distance of the new $500 million Cleveland Clinic Health Education Campus, Case Western Reserve University’s western campus, Louis Stokes VA Hospital, University Circle, and Rockefeller Park, which creates a natural pathway all the way to the Cleveland lakefront.

With Design Partners Moody Nolan and Construction Partners Marous Brothers Construction, Axis at Ansel opened August 2020.New Paragraph

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