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  2. First Interstate Properties, Ltd.

First Interstate Properties, Ltd.

First Interstate Properties, Ltd. was formed by Mitchell C. Schneider in June of 1989 for the purpose of developing and managing real estate projects of significance. During the course of its 29 years, First Interstate has developed properties throughout Northeast Ohio including Legacy Village in Lyndhurst, Ohio.

First Interstate is also the developer of the first major power center project in the City of Cleveland, Steelyard Commons, a nearly one million square foot shopping center that opened in the Spring of 2007. Steelyard Commons has transformed 125 acres of industrial land (a portion of a former steel yard) into the largest open-air center ever to be built in Cuyahoga County. It has generated significant economic benefits and supported the creation of more than 1,200 jobs in Cleveland.

First Interstate continues to undertake new projects of significance that will contribute to the renaissance of Cleveland including One University Circle which will be the first high-rise new construction of high end residential in Cleveland in decades. The groundbreaking for One University Circle occurred in June 2016 and the project is scheduled for occupancy in the Spring of 2018.
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Purpose

To create environments that address unmet needs while contributing to the growth and development of communities in Northeast Ohio.... Read more

Vision

To participate and contribute to the growth, development, and vitality of communities within Northeast Ohio and its core city, Cleveland. ... Read more

Mission

To engage in the creative development process with involved community partners that bring transformative, catalytic, and collaboratively envisioned and profitable real estate development projects to underserved locations.... Read more

Additional Culture Details

First Interstate is a collaborative team-oriented "can do" workplace that empowers all staff to be their best selves with the expectation that all team members maintain a commitment to both personal and professional integrity.
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Headquarters

Lyndhurst, OH

Employees

37 US Employees

Industry

Property Management

Recent Awards