FINANCIAL_SERVICESRECOMMENDED

RDL Architects Recommended for $225,000 Vision Loan

The Economic Development Committee recommended Council approve a $225,000 Vision Loan to RDL Architects for the build-out of new office space in the Arcadia development. The loan supports RDL's relocation back to Shaker Heights under a 10-year lease, aiming to restore local income tax revenue.

Status
RECOMMENDED
Document date
January 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Rdl Architects
Agency
City of Shaker Heights · OH

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$225,000 (Vision Loan)
Contract type
FINANCIAL_SERVICES
Contract term
10 years (lease term)
Renewal date
2036-01-14
Renewal
Standard Vision Loan agreement; tied to 10-year lease; repayment based on tax receipts. Renewal based on performance and retention.
Document type
AgendaPacket
Source document
Shaker Heights Neighborhood and Economic Development Committee Agenda Packet January 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Shaker Heights?

Rdl Architects was awarded this financial services contract by City of Shaker Heights, as recorded on January 14, 2026. The contract value is $225,000 (Vision Loan).

How much is the Rdl Architects contract with City of Shaker Heights worth?

The Rdl Architects contract with City of Shaker Heights is valued at $225,000 (Vision Loan), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Shaker Heights Neighborhood and Economic Development Committee Agenda Packet January 2026 (AgendaPacket), dated January 14, 2026 from City of Shaker Heights. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rdl Architects hold?

Rdl Architects may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Shaker Heights currently buying?

Explore City of Shaker Heights's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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