The identity of some tenants signing up for space in Cleveland’s future medical mart will be revealed within the next few weeks, according to the lawyer handling the project for the county.
Tenants’ letters of intent will start being converted to cast-in-stone contracts around November 18, when the county expects to close on the purchase of land needed for the mart, says lawyer Jeffrey Appelbaum. Those contracts will require tenants to go public.
“In advance of that there will probably be some strategic announcements made,” says Appelbaum.
Any news of binding agreements for medical mart space will be welcomed by Cuyahoga County taxpayers, who have been blindly footing the bill through the quarter-cent sales tax increase since 2007.
Why the secrecy thus far?