September 2004
Crain's Cleveland Business;9/27/2004, Vol. 25 Issue 39, p34
This article reports that the holding company of industrialist Dan T. Moore, agreed to buy a 63-acre, three-building property on St. Clair Avenue that it plans to revitalize as a manufacturing complex. Moore did not say what his company will pay Dames & Moore/Brookhill of Ohio for the property at 17000 St. Clair. Moore intends to turn the property into the Cleveland Industrial Innovation Center, which would be an entrepreneurial center for the development of products that can be transformed into manufacturing business. Moore's company is in negotiations with the state of Ohio and Cuyahoga County regarding financing and grants to redevelop the property. Lake Hospital System agreed to buy Laurelwood Hospital in Willoughby and its counseling centers in Beachwood and Mentor from University Hospitals Health System. The UH Health System recently attempted to sell the 22-year-old, 160-bed psychiatric hospital and its counseling centers to Ardent Health Services LLC of Nashville, Tennessee.


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