Wednesday, March 7, 2012

GlobeSt.com - Pennrose Opens First Phase of $53M Hospital Redo - Senior Housing

GlobeSt.com - Pennrose Opens First Phase of $53M Hospital Redo - Daily News Article

CLEVELAND-The first residents have started to move into the first phase of Saint Luke’s Manor, a $53 million renovation of the former Saint Luke’s Hospital. The 85-year-old building is being turned into 136 seniors housing units and possible office space for non-profits corporations.
Philadelphia-based Pennrose Properties started the move in this past week for the first phase, which includes 71 under-market rate apartments in the central portion of the U-shaped building. The second phase in the west wing will include the rest of the apartments, and the east wing will include the office space, being redeveloped by Neighborhood Progress Inc.

Friday, January 6, 2012

Cleveland Clinic spinoff raises $4 million from West Coast investors - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Cleveland Clinic spinoff raises $4 million from West Coast investors - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Clear Catheter Systems Inc. of Bend, Ore., in 2008 received a $250,000 grant from the state-funded Global Cardiovascular Innovation Center on the condition that it expand in Ohio.
Clear Catheter CEO Ed Boyle declined to say how many employees the company has in Northeast Ohio, but noted in an email that local people, working on a contract basis, have helped guide the company's early development and the development and testing of its product. The device is designed to prevent blood clots from forming in surgical drainage tubes.

Monday, December 12, 2011

Thursday, December 8, 2011

Cedar Fair deal to sell California's Great America amusement park falls through - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Cedar Fair deal to sell California's Great America amusement park falls through - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Sandusky-based Cedar Fair said its definitive purchase agreement with JMA Ventures LLC, announced in September, has been terminated.
"We respect JMA's decision and are pleased to return to the long-term ownership of this exceptional property," said Matt Ouimet , Cedar Fair's president, in a statement. Mr. Ouimet in January will become CEO of Cedar Fair.

New Listing!! 5311 Meadow Lane

New Listing!!
5311 Meadow Lane, Sheffield Village, OH 44035