CBA Project

Oswald Building

Oswald Building on the Flats East Bank – 950 Main Avenue – The James B. Oswald Company

About the Developer & Project

  • Developer: The James B. Oswald Company
  • Primary Contractor: The Albert M. Higley Co., LLC
  • Hard Cost: $12,475,728.00

Funds

  • TIF (ED) – $1,000,000
  • Job Creation Income Tax Credit: $566,675

Building

  • 100,000 sq ft. space inside the building

Community Benefits Agreement

  • CSB Participation Goal (8%) 
  • FBE Participation Goal (7%)
  • MBE Participation Goal (15%)

Cleveland Resident Construction Worker Requirement: 20%

Low-Income Cleveland Residents construction Worker Goal: 4% of 20%

Mentor/Protégé Program: (3) public or private sessions to small, Cleveland businesses in the nuances of insurance and risk management for construction companies to help build the knowledge base on: Insurance, Bonding, Risk Management, Construction Management, from subject matter experts. 

Apprenticeships: Developers or members of the Project team shall participate in an apprenticeship program and commit to at  least (2)  apprentices. 

Internships: Developer or members of Developer’s team shall provide (2) Internship opportunities for Northeast Ohio College Students that are City of Cleveland residents to work and learn the business of insurance.

Community Engagement: (3) Community Stakeholders’ meetings

Upcoming CBA Events

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Past Events

  • September 12, 2024, All day-company picnic at the Flats location for introduction for the neighborhood and area businesses.
  • December 12, 2024, Oswald hosted key nonprofit and community event on behalf of BVU; hosts its board meeting, board matching training and annual awards ceremony. This event officially opens the First Floor Community Center of Oswald Tower.