Building

Residences at Agora

Cleveland, Ohio

Project overview:

The historic Agora Theater, originally constructed in 1912, was once home to WHK Studio One, the first radio station in the area. The property will be renovated and converted to feature 48 apartments units, office space, and a street-facing restaurant. Tenants will benefit from efficient building and lower utility costs. This development is the country’s first CIRRUS Low Carbon property.

Efficiency upgrades:

Electrical and lighting, building envelope (including roof and HVAC), plumbing

Environmental impact over the expected weighted average life (29 years):

Carbon savings: 1,485 metric tons
Energy savings: $449,475
Kwh savings: 2,119,320
KBTU savings: 7,231,034
Water conserved: 5,370,104

CIRRUS Low Carbon Verified:

Yes

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Calvert Impact Capital, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Community Investment Note. Calvert Impact Climate, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Cut Carbon Note. The Community Investment Note and Cut Carbon Note are subject to certain risks, are not mutual funds, are not FDIC or SIPC insured, and should not be confused with any Calvert Research and Management-sponsored investment product. The Community Investment Notes and the Cut Carbon Notes are debt securities subject to the terms, conditions and risks described in the current prospectus, prospectus supplement(s) and pricing supplements, as applicable, including risk of possible loss of the amount invested. Payment is dependent on the issuer’s financial condition at the time payment is due. Any decision to invest in these securities through this Site should only be made after reading the applicable prospectus, prospectus supplement(s) and pricing supplement or by calling 800-248-0337.

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