Cuyahoga County approves medical mart pact; next step is buying land

Conceptual drawing Cleveland Medical MartCLEVELAND, Ohio — The Cuyahoga County Commissioners unanimously approved an agreement to advance its medical mart project – a critical step into making the construction of a medical sales and convention emporium a reality.

The development agreement outlines how public dollars will be used with Merchandise Mart Properties Inc., which will manage and build the medical mart. It also outlined a series of benchmarks MMPI must meet – including landing 10 tenants for the medical mart and 10 events and convention in a year’s time – and outlined how the public will be able to monitor public dollars.

Both MMPI and the county want to build the medical mart and convention center on the site of the current convention center along with some adjacent land. The City of Cleveland owns the old convention center property and negotiations are underway to get the land. Other property owners must also sell to the county.

Getting that land is the next in a series of major steps. But critics of the site – primarily those who own or would directly benefit from a different location – indicated Thursday they would continue to campaign for a different site.

Advertisement

This approval “isn’t the end, it’s the beginning” of the process, county Administrator Jim McCafferty said. Anyone can take issue with county construction contracts and the several other approvals that have to occur for the entire project to get underway.

If all goes well, developers would break ground on the project in October 2010.

Chris Seper

Chris Seper MedCity News

Chris Seper is the CEO at MedCity Media, which publishes MedCityNews.com. He is also a senior writer at MedCity News. Reach him at chris@medcitynews.com.

more

Comments RSS Post a comment

BOCC approves agreement with MMPI…

The Cuyahoga County Commissioners today unanimously voted to adopt a development agreement with developer Merchandise Mart Properties Inc. for the construction and operation of the planned new convention center and Medical Mart. A series of four additi…

Comment by Cuyahoga County Planning Commission Weblog — April 16, 2009 @ 6:08 pm

[...] project since Medical Mart Properties Inc., the company picked to build and maintain the facility, cinched a development deal with the county. But since that point there’s been new concerns: about whether the local [...]

Comment by $17.5 million and that’s my final answer — MedCity morning read, April 30 : MedCity News — April 30, 2009 @ 9:17 am

[...] county cinched an operating agreement on April 16 with Merchandise Mart Properties Inc. (MMPI) to run and build the convention center and [...]

Comment by Medical Mart land purchase announcement could wait until Monday : MedCity News — May 1, 2009 @ 12:41 pm

Post a Comment

Submit Comment

Be a Thought Leader: Join MedCitizens

Anyone can blog on MedCity News when they become a "MedCitizen." MedCitizens publish their own thoughts about current medical news and the latest issues in healthcare to the entire MedCity News audience.

Click to login or learn more

MedCity Jobs Board


MedCity Whitepapers

Real Time Web Analytics