The Global Center for Health Innovation, also known as the Medical Mart, is a $465 million

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...

by Cuyahoga County and MMPI to construct a permanent showroom of medical, surgical and hospital goods along with a new Huntington Convention Center of Cleveland in downtown

Cleveland Cleveland ( ), officially the City of Cleveland, is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. Located in the northeastern part of the state, it is situated along the southern shore of Lake Erie, across the U.S. ...

Ohio Ohio () is a state in the Midwestern region of the United States. Of the fifty U.S. states, it is the 34th-largest by area, and with a population of nearly 11.8 million, is the seventh-most populous and tenth-most densely populated. The sta ...

. Construction of the project on the historic

Mall Mall commonly refers to a: * Shopping mall * Strip mall * Pedestrian street * Esplanade Mall or MALL may also refer to: Places Shopping complexes * The Mall (Sofia) (Tsarigradsko Mall), Sofia, Bulgaria * The Mall, Patna, Patna, Bihar, India ...

began May 2011 after being funded by a decades long 0.25% sales tax increase passed by Cuyahoga County commissioners in 2007. The Medical Mart concept is modeled after that of the

Merchandise Mart The Merchandise Mart (or the Merch Mart, or the Mart) is a commercial building located in downtown Chicago, Illinois. When it was opened in 1930, it was the largest building in the world, with of floor space. The Art Deco structure is locate ...

Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

, and was initially managed by MMPI, the same company that operates the Merchandise Mart. SMG was scheduled to assume management of the Global Center on November 15, 2013. As of November 2019, the center has remained mostly vacant since its completion, much of the space in the upper floor has been converted to meeting rooms, and it expected to move away from its medical focus as its largest tenants pull out. The center is attached to the Hilton Cleveland Downtown Hotel.

References

External links

* Buildings and structures in Cleveland Healthcare in Cleveland Health care companies based in Ohio Downtown Cleveland {{Ohio-struct-stub