MMPI

Policy

Are things finally looking up for the Cleveland medical mart?

Cleveland-area taxpayers can be forgiven if they’re a little skeptical about the outlook for the medical mart project they’ve been funding. For starters, the medical mart concept (a collection of product showrooms that feature the latest in medical technology) is unproven, and it’s never really been clear that the biggest players in the market are […]

News

A virtual tour of Cleveland Medical Mart & Convention Center

Property developer MMPI has unveiled a virtual tour of the $465 million Cleveland Medical Mart & Convention Center. The video starts with an overview of the project’s downtown Cleveland campus, and also takes viewers through entry into the medical mart’s atrium and offers glimpses of the convention center’s exhibition hall, as well as the grand […]

Policy

Cleveland medical mart: Are performance requirements too low?

The Cleveland Medical Mart & Convention Center isn’t required to generate more hotel room nights than the city’s old, outdated convention center did as it was staggering toward death just a few years ago, per the project’s operating agreement with Cuyahoga County. Hotel room nights is an important metric for the medical mart and convention […]

Policy

Cleveland medical mart: MMPI’s minimum performance requirements

Cleveland Medical Mart & Convention Center property developer MMPI must hit several minimum performance benchmarks as part of its agreement with Cuyahoga County to continue operating the facility once it opens. Those benchmarks pertain to the number of events, attendees, hotel room nights and occupancy of the medical mart, which is conceived as a collection […]

Policy

Cleveland medical mart’s ‘top-tier’ tenant targets

The property developer behind the Cleveland medical mart has publicly identified 36 companies it considers “top-tier” prospects to lease showroom space in the mart. The candidates were listed as part of a presentation on the project’s status by the president of the Chicago-based property developer, MMPI, to the Cuyahoga County Council. “The biggest challenge in […]

Policy

Cleveland medical mart: Four questions MMPI should answer

A Nov. 9 meeting of the Cuyahoga County Council will give MMPI, the property developer behind Cleveland’s medical mart project, its first opportunity in several months to give a public update on the project’s business plan. It’ll also provide an opportunity for council members to subject officials with Chicago-based MMPI to some much-needed scrutiny. Confusion […]