Reporter at News 5 Cleveland
CLEVELAND — Medical Mutual ’s longtime headquarters – a Downtown office complex hollowed out by the pandemic and shifting work habits – is set to become a hotel, apartments and retail.
Now the buyers are planning a mixed-use project with a price tag of more than $100 million. In a news release, they didn’t say how much they’re paying for the property, which is located at the high-profile corner of East Ninth Street and Prospect Avenue. The redevelopment project will include a boutique hotel, apartments and what the buyers described as “a unique ground-floor retail experience.” The partners didn't say how many hotel rooms and apartments the building will hold – or when they will open.“Together, we will create a landmark destination that enhances the quality of life for residents and visitors alike,” James Small, the owner of Cleveland Construction, said in the news release.
And in the years leading up to the pandemic, the insurer appeared to be recommitting to the property, with renovations planned. At the time, the company had more than 1,000 employees Downtown.Medical Mutual decided to move to Brooklyn, instead, where the company already had satellite offices at the former American Greetings Corp. campus off Tiedeman Road.
Cleveland Office Conversions Downtown Cleveland Apartments Downtown Cleveland Hotels Medical Mutual Medical Mutual Cleveland Rose Building Spark GHC
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cleveland Heights investigate fight involving East Cleveland City Council President, activist at Home DepotThe Cleveland Heights Police Department is investigating a violent, public confrontation between activist Art McKoy and East Cleveland City Council President Anton Billings.
Read more »
Chef cancels Cleveland marijuana dinner, blaming Cleveland.com for asking questions about its legalityChef Travis Petersen canceled his upcoming “Nomadic Nights” cannabis dinner in Cleveland today minutes after Cleveland.com posted an article about the event. He made the announcement in an email sent to registrants, and cc’d to reporter Paris Wolfe.
Read more »
Cleveland’s Alla Boara To Record Live Album at City Church in Cleveland Heights“Alla Boara” is the name of an Italian folk song sung by field workers. Translated into English, the name means “to the work,” and Alla Boara, the Italian-inspired Cleveland jazz band, has been doing just that.
Read more »
Judge orders Cleveland officials to turn over withheld documents on Cleveland police misconductU.S. District Judge Solomon Oliver has ordered Cleveland officials to turn over police misconduct records that the Community Police Commission has sought for months.
Read more »
Cleveland Medical Health experts: There is help available after tragic events'And when you call there, you can reach a counselor who will be able to assist individuals.'
Read more »
Lakers News: West Assistant, Who's Already Met with LA, to Interview with CavaliersAnother Los Angeles head coaching candidate is set to interview for Cleveland Cleveland Cavaliers' opening.
Read more »