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Neighborhood Vision 2025

Build Out an Innovation Economy

Momentum, creative energy, and funding coming from the growing Innovation District is a huge benefit to the MidTown community. Steps must be taken to demystify the term “innovation”, and make the area a natural extension of, and benefit, to the surrounding community. MidTown’s Innovation District can be a model for growing an inclusive business environment from the ground up. The far-reaching impact of major place-based anchor institutions - like the Cleveland Foundation - locating in MidTown present great benefits for the local area and position MidTown to be an economic engine for the regional as the local innovation economy matures.

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Build Out an Innovation Economy

Action

Shepherd the Development of New Spaces and Buildings

Sustain the momentum and tenacity needed to realize ambitious growth goals for the innovation economy in MidTown by bringing new spaces online. Shepherd the development of 2-3 new buildings and 500,000 SF in the Innovation District over next five years.

Near-Term Actions

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Shepherd the development of 2-3 new buildings and 500,000 SF in the Innovation District over next five years. Continue to build partnerships, and identify tenants for new buildings.

Type of Action

Programming

Looking For

Developers

19B