Shaker Heights Neighborhood and Economic Development Agenda Jan 2026
Vision Loan Recommended for RDL Architects Office Buildout
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Description
The committee recommended a $225,000 Vision Loan for RDL Architects to support the build out of their new offices in the Arcadia mixed-use project, contingent on a 10-year commitment to operate in Shaker Heights. The measure moves to Council for final approval.
Contract Details
Contract Amount
$225,000
Vendor
RDL ARCHITECTS
Agency
City of Shaker Heights, OH
Contract Type
FINANCIAL_SERVICES
Document Date
January 14, 2026
Contract Term
10-year lease commitment to remain in Shaker Heights
Renewal Info
Vision Loan program requires continued business presence in Shaker Heights for at least double the loan payback period through local income tax receipts.
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