Friday, May 09, 2008 
         About MidTown Tech Center
 


"The MidTown Technology Center will serve as a catalyst..."

-Governor Bob Taft

The MidTown Technology Center is an ideal location for start-up’s, incubator graduates and established technology firms. Using feedback from local incubator facilities, the MidTown Technology Center was designed to meet the unique technical requirements of growing technology companies in the fields of:

  • life sciences
  • information technology
  • biopharmaceutical and
  • medical devices

Located within minutes of The Cleveland Clinic, University Hospitals of Cleveland, Case Western Reserve University, Downtown Cleveland, and Hopkins International Airport, the MidTown Technology Center offers sophisticated yet affordable suites that can be customized with features such as wet labs and cleanrooms. The technology campus will also boast several shared amenities and services specific to tenants’ industries.

Located at 1974 East 61st Street between Euclid and Chester Avenues, the MidTown Technology Center will be developed in two phases. The first phase of construction will renovate the former Ohio Knitting Mills building to create 84,000 square feet of lab and loft-style office space with a keycard-secured 71-space indoor parking garage. The second phase of construction will maximize the total 7.5-acre site by offering the opportunity to create up to 400,000 square feet of space, providing excellent flexibility to accommodate tenants’ expansion needs.

Several successful technology companies are headquartered in MidTown, including:

  • Athersys, Inc.
  • BioMec, Inc.
  • Cleveland Medical Devices, Inc.
  • IActiv and
  • Orbital Research, Inc.

The development of the MidTown Technology Center, combined with the Cleveland MidTown Innovation Center - located less than a mile away – will facilitate the creation of a broader technology district that will promote a greater clustering of leading-edge technology businesses in MidTown. The MidTown Technology Center District will also energize the diverse technology sectors in Northeast Ohio, represented by more than 30 companies: Acero; Advanced Micro Machines; Amresco; Arteriocyte Inc.; Avnoglare, LLC; AxioMed Spine Corporation; Bio-ID Diagnostics, Inc.; CAM-LEM, Inc.; ChanTest, Inc.; Cleveland Biologicals, Inc.; Cleveland Genomics, Inc.; Copernicus Therapeutics, Inc.; Easy2 Technologies; Fathom Interactive Solutions, LLC; Ganeden Biotech, Inc.; The Gebauer Co.; Imadent Corporation; Imalux; Interventional Imaging; MDG Medical, Inc.; NeoMed Technologies, Inc.; NextMED Systems; Palantyr Research, LLC; RIS Logic; Ricerca; Schupp Advanced Materials; Simbionix Corp.; Steris; TREK Diagnostics; Thesis Chemistry, LLC; and Vascular Biogenics Ltd.

The MidTown Technology Center is a MidTown Cleveland, Inc. initiative. MidTown Cleveland, Inc., the economic development corporation for the MidTown Business and Urban District, recognized an unmet need in the marketplace – the provision of affordable, flexible technology space to facilitate the commercialization of cutting-edge technologies in Northeast Ohio. To bring this project to fruition, MidTown Cleveland, Inc. partnered with The Ferchill Group and BTE Company, LLC, leaders in urban redevelopment and technology entrepreneurship, respectively.

The MidTown Technology Center is the catalyst for a larger redevelopment effort. In concert with this initiative, the Euclid Corridor Transportation Project and MidTown Cleveland, Inc.’s Mixed-Use District vision will transform the economic landscape and neighborhood tapestry of MidTown. The Euclid Corridor Transportation Project will link this new business and technology hub to The Cleveland Clinic, University Circle and Downtown Cleveland using modern, European-styled hybrid buses. Additionally, the establishment of a residential Mixed-Use District surrounding the MidTown Technology Center will capitalize on the area’s best qualities and create a true neighborhood center along Euclid Avenue. This transit-oriented development will combine upscale residential, commercial, office, civic and open space uses into a pedestrian-friendly environment.

The synergy created by these complementary initiatives will enhance MidTown’s ‘urban cool’ character by producing a vibrant business and neighborhood hub that pulsates with activity.


Contact Us - 216.566.7676 or info@midtowntechnologycenter.com Copyright © 2004 MidTown Technology Center. All Rights Reserved.
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