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February 9, 2009
It's the Mall or not at all for Med Mart, convention center
Crain's Cleveland Business
Looks like Medical Mart developer Merchandise Mart Properties Inc. has seen Cleveland Mayor Frank Jackson's bet, and raised him.
Jackson, a pawn supporter of Cleveland bigwigs Forest City Enterprises, said Friday that the County's commissioners would pick the Medical Mart site if the preferred Mall site — not owned by Forest City, which is promoting its own Tower City location — wouldn't fly.
MMPI now says there're only two choices — the Mall or none at all.
There's no backup location for the proposed convention center and medical merchandise mart that Cuyahoga County commissioners plan to construct on the Mall in downtown Cleveland. If the project can't be built at the Mall site at a cost that can be covered by the tax dollars dedicated to it, the entire endeavor will be scrapped.
That message is what Merchandise Mart Properties Inc., the developer entrusted with creating the project, will tell the people of Northeast Ohio this Thursday, Feb. 12, at two meetings, one with Cleveland City Council and one planned for the public.
Posted by eric at February 9, 2009 10:28 AM