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Economy and Business


Cleveland revitalizes Midtown district
The city expects the $22 million MidTown Tech Park will draw in companies and bring new jobs to the area
Story by ALISON RITCHIE


 
Cleveland Mayor Frank Jackson said the development is ideal for the city and is important to its Health Tech Corridor.
Courtesy of Alison Ritchie
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Cleveland Mayor Frank Jackson showcased Monday a development intended to revive the city’s largely desolate MidTown area. The city expects the $22 million facility will provide office and lab space to companies and bring at least 150 jobs to the city. JumpStart – a Northeast Ohio company that connects entrepreneurs with investors – will be the first tenant in the 128,000 square foot building.

 

Tracey Nichols (NICK-olls) is director of Cleveland’s department of economic development. She says the new facility near the 7000 block of Euclid Avenue will boost the city’s job growth because companies will want to invest in the area.

Tracey Nichols, Director of Department of Economic Development

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Two additional buildings between Euclid and Carnegie avenues will be renovated for office space this year in the second phase of the project.  Nichols says the area also is one of four in the country that NASA is considering for its International Space Station National Laboratory.

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