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Economy and Business


The big picture for Cleveland's $1.5 billion development
Connecting casinos, trade shows and waterfronts
by WKSU's M.L. SCHULTZE
and KEVIN NIEDERMIER


Web Editor
M.L. Schultze
 
In The Region:
In the aggregate, Cleveland has about a billion-and-a-half dollars in development projects underway. And some of the forces behind those projects are talking about how to ensure they're developed almost as a single entity -- and how they play off each other through everything from transportation to greenspace. WKSU's M.L. Schultze has more...
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The city’s new Group Plan Commission had its first meeting last week to start mapping out public spaces and facilities. And at a downtown luncheon Wednesday, administrators of the Medical Mart convention center, the Playhouse Square development, the Flats East Bank project and the Cleveland Port Authority waterfront development underscored the theme.

 
Joseph Marinucci (Mar-in-uch-ee) is president of the Downtown Cleveland Alliance, and says the thinking, as well as the planning, may be new for Cleveland.
 
“It’s been a long time in downtown since we’ve had this magnitude of portfolio of projects… between the Medical Mart/convention center, the casino project, the flats East Bank project, some of the things going on at Playhouse Square. … So one of our goals is to work with the community to make sure we connect these projects in a way that maybe Cleveland historically hasn’t connected some of its major investment.”
 
Dennis Madden of Medical Mart says his project has letters of intent from about a third of the tenants it wants to have when it opens in 20-13. And he says it’s already gotten commitments for 14 to 15 medical equipment trade shows.  
Cleveland’s Medical Mart project faces competition from similar developments in Nashville and New York City.
 
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