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Cleveland is a city located in northern Ohio that is undergoing an economic rebirth and is a prime location for EB-5 investment. There are many opportunities for development, in areas such as commercial development or healthcare, and the entire city has been designated as a TEA (Targeted Employment Area) by the State of Ohio Government.
The Greater Cleveland Partnership, Cleveland's metropolitan chamber of commerce, estimates more than $7 billion has been spent on major real estate, corporate and business-development efforts in Cleveland and its suburbs over the past decade.
Located on the southern shores of Lake Erie, one of America's 5 Great Lakes, Cleveland is a vibrant Midwestern city with a metro area population of more than 2 million people. The city was founded in 1796 and is home to several important manufacturing, business services, biotech, and healthcare institutions, including the headquarters of several Fortune 500 Companies and world-renowned hospitals such as the Cleveland Clinic and University Hospitals.