May 25, 2023
CentroVilla25 the $10 million project to transform the former H.J. Weber building, a vacant 32,500-square-foot warehouse located at 3140 W. 25th St., into a Latino marketplace is set to begin.
Council recently passed $1.5 million (5/22) in revenue recovery funds to ensure the project has the needed financing to get the project started and finished.
Besides the renovation of the warehouse, the plans also call for an additional 12,500 square foot expansion. This renovation and expansion, along with an outdoor plaza, will transform the area on West 25th street just south of Clark Avenue.
Ultimately, the market will feature twenty kiosk-style micro-retail spaces, a commercial kitchen, a business innovation center and co-working space, office space for Latino and neighborhood-serving organizations, an outdoor plaza with restaurant, and a community gathering space for arts & culture
The Clark-Fulton neighborhood has the largest density of Latino residents in Ohio. About 12.5% of Cleveland residents are of Hispanic origin.
“This is a long-time coming for the community,” said Councilwoman Jasmin Santana, who’s worked hard to help get this project in her ward. “This will be the heart of the historic Clark-Fulton neighborhood.”
The marketplace aims to meet the needs of the Clark-Fulton neighborhood by building wealth and supporting Latino-owned businesses, improving access to fresh and culturally significant food, and representing and celebrating Latino culture.
CentroVilla has also received $1 million in American Rescue Plan Act (ARPA) funds from Cuyahoga County, as well as dollars from corporations such as the Cleveland Clinic, Sherwin Williams, and KeyBank. Other sources of funds include foundation grants and development tax credits.
During the construction phase, the project will generate $12.6 million in Cleveland and $28.4 million across Ohio, according to the project’s website. The project is slated to create 190 jobs: 120 in Cleveland and 70 more across the state. Once CentroVilla25 is open, it will generate $50 million in economic impact in Cleveland and $114 million across Ohio in the first five years, its website says.