The synthesis and characterization of a series of neutral cyclometalated Pt(II) and Ir(III) heteroleptic complexes containing cyclophane substituted chelates is reported. The complexes have the general formula of (C^N)Pt(O^O) or (C^N)2Ir(O^O) where C^N is a monoanionic cyclophane ligand 2-([2.2]-paracyclophane-4-yl)pyridyl (pCpy) or 1-([2.2]-paracyclophane-4-yl)pyrazolyl (pCpz) and (O^O) is an ancillary ligand; acetylacetonato (acac) or dipivolylmethanato (dpm). The pCpyH and pCpzH ligand precursors were obtained as racemates due to the planar chirality of the cyclophane ring system. Two diastereomers of (pCpz)2Ir(acac), one with C1 symmetry (ΛRS, ΔSR) and the other with C2 symmetry (ΛRR, ΔSS) were isolated, whereas only one C1 diastereomer was obtained for (pCpy)2Ir(acac). Inherent strain in the cyclophane core and transannular interaction between the bridged phenyl rings leads to a 250–400mV cathodic shift in the oxidation potentials relative to analogous complexes with ppy or ppz ligands. The destabilization of the HOMO leads to a corresponding red shift in the absorption and emission spectra from the complexes with pCpy and pCpz ligands. The Pt and Ir complexes with pCpy ligands are strongly emissive at room temperature, whereas complexes with pCpz ligands are only weakly emissive as they still suffer from temperature-dependent nonradiative deactivation to metal-centered ligand field states.