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Cleveland, OH
5115 at The Rising

Developed in collaboration with University Settlement, a non-profit organization that has served the residents of the Broadway-Slavic Village area for more than 90 years, 5115 at The Rising features 78 apartments and 10 townhomes in its first phase, including 23 affordable residences that are supported by The Ohio Housing Finance Agency's Housing Tax Credit program designed to increase the supply of quality, affordable housing for low- to moderate-income renters.


Located on Broadway Avenue, 5115 at The Rising represents the largest capital investment made in the Broadway-Slavic Village area in more than 25 years. The community provides a new home for University Settlement, which relocated its offices to a 20,000-square-foot commercial space on the building's ground floor, helping to support the organization's goals of economic rebirth, and community revitalization and preservation.

Visit Leasing Site
Product Type
Affordable 9% LIHTC
Building Type
Elevator
Apartment Homes/Units
88
Construction Duration
16 months
Lifestyle Type
Multi Family
Status
Stabilized
Completion Date
06/16/2022
Our Involvement
development
construction
management

We're excited to work with The NRP Group on 5115 at The Rising to improve the Broadway-Slavic Village area, while continuing to honor the community's inclusiveness. University Settlement has been active in this area dating back to 1926, and our mission has always been to provide the local community with exactly what they need to live and thrive. We are confident that 5115 at The Rising will do just that.

Earl Pike, Executive Director, University Settlement
News and Press
Sep 2020
The NRP Group Breaks Ground on Mixed-Use Residential Community in Cleveland's Broadway-Slavic Village Neighborhood
Sep 2020
NRP Group breaks ground in Broadway-Slavic Village for apartments
Oct 2019
The NRP Group Partners with Non-Profit University Settlement to Develop Affordable Housing in Cleveland’s Slavic Village Neighborhood
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