Today I walked from the County Court to the City Hall on Lakeview, and I realized it would not be a bad thing if the owners of that building on St. Clair (is 212 its name?) refuse to sell it to the Medical Mart, and the Mart has to use the County building instead: if one of those two buildings is to go down and be replaced by a newer one, I'd much rather see the shabby County building go down, rather than the newer, somewhat taller, better-looking 212 building.Plus, the "skyline" on St. Clair in that area looks better already compared to how it looks on the Lakeview side. Plus, the view from Lakeview (overseeing the lake, Browns Stadium, the Great Lakes Science Center) is nicer than from St. Clair (overseeing some other buildings across the street), so a visitor to the MedMart would have a much nicer "Cleveland experience" when looking out the window.
Since the MM is above ground, I can't see why not.IIRC, that was one of the knocks of the TC site, that it couldn't be easily expanded.Let's get it built first, then worry about expansion
125,000 square feet would be 25% larger than the average Wal Mart (according to the Wal Mart annual report). The medical mart will also have a dedicated convention center (300,000 sq. feet) that the WPC would lack. And something about a subway tunnel....
Quote from: bumsquare on September 28, 2009, 10:48:10 PM125,000 square feet would be 25% larger than the average Wal Mart (according to the Wal Mart annual report). The medical mart will also have a dedicated convention center (300,000 sq. feet) that the WPC would lack. And something about a subway tunnel....Sorry for the confusion, I was comparing to the "Supercenters". For the sake of accuracy; their website says the avg supercenter is 187K sq ft and the avg store is 107K sq ft. The point is simply that this really isn't that big and less then 1/6 of what the competition is proposing. From my understanding our convention center will still host other events and I don't believe it is "dedicated"; can anyone confirm this? That being said don't forget the WPC, if built, will be directly across from the Javits Convention Center which is currently 675,000 sq ft and undergoing an expansion of 50K which should be completed next year.
Hts I concede there is a question of whether or not WPC will get built. I'm curious if you and the others here believe it will or won't get built?
Is the hypotetical mart, that has no financing, dedicated to medical devices? Why do you feel it is small. Are you an "expert"?MMPI are experts. Bigger doesn't always mean better.
Quote from: punch on September 29, 2009, 07:39:54 PMIs the hypotetical mart, that has no financing, dedicated to medical devices? Why do you feel it is small. Are you an "expert"?MMPI are experts. Bigger doesn't always mean better.exactly.By the way, last i checked the thing that is really supposed to seperate our Medical Mart from any potential other marts (besides that little thing known as funding), is the collaborative involvment of the Cleveland Clinic and University Hospitals... you know... those tiny little places about 4 miles away that are two of the best medical institutions in the world... neither of which are located in New York or Nashville.
And all of this combined with the fact that MM will be first to market is what will effectively kill the New York and Nashville projects in the long run. If the participants do it right, any other project will be redundant no matter where it is located. There is NO compelling reason to locate the MM in any other city. RTP in the Raleigh/Durham, NC area is a good precedent.
^Research Triangle Park
Quote from: punch on September 29, 2009, 07:39:54 PMIs the hypotetical mart, that has no financing, dedicated to medical devices? Why do you feel it is small. Are you an "expert"?MMPI are experts. Bigger doesn't always mean better.Is it dedicated to medical devices? It appears there is more to it then that. From their website:"Segments include medical devices, health technology, life sciences, business services, furnishings, and diagnostics." Is that very different from what we will be offering?No I am not an expert but I suspect the developer (Extell) and their marketing partner (Greater New York Hospital Association) have done enough due diligence to be considered experts; and they seem to think this concept will be far more successful and warrants a much larger scale. I don't know which of the two projects has it right but I think it would make sense for ours to plan for success and therefore expansion.MD88 I agree we have many advantages if not all. I'm not sure however that first to market will effectively kill the other projects. This is where we could be victims of our own success as WPC would surely point to that as proof the concept is viable, profitable and worth financing. The only compelling reason at that point to locate to WPC would be our inability to accommodate demand for more space. Anyway thanks for the discussion. I'm just of the opinion that MMPI and of course Cleveland would be better served if they plan now for expansion. That I believe could effectively kill all other projects. BTW, MD88 pardon my ignorance but what exactly is RTP in Raleigh/Durham?
Seal the deal to whom?Obviously if people are already interested in signing leases, obviously they think the project if viable.Perhaps scarcity of available floorspace is pushing people to sign up early rather than wait.Just because it is bigger does not mean it is better. If size were the only issue, Randal Park Mall would be thriving and Beachwood Place would be struggling. That is not how that turned out.Until there are facts stating that the MM building can not be expanded, or that companies are choosing not to join the Cleveland MM because it is too small, can we please give this a rest?
Quote from: punch on September 30, 2009, 03:11:21 PMSeal the deal to whom?Obviously if people are already interested in signing leases, obviously they think the project if viable.Perhaps scarcity of available floorspace is pushing people to sign up early rather than wait.Just because it is bigger does not mean it is better. If size were the only issue, Randal Park Mall would be thriving and Beachwood Place would be struggling. That is not how that turned out.Until there are facts stating that the MM building can not be expanded, or that companies are choosing not to join the Cleveland MM because it is too small, can we please give this a rest?Seal the deal as in keep the competition from getting off the ground.Punch I'm not trying to be contentious but I think this is a valid point for discussion. I've stated I don't know which of the two projects has the scale right and I get your bigger is not better mantra. I simply believe small leaves the door open where big, or the ability to grow, slams it shut. Perhaps MMPI is planning to have the ability to add contiguous space, I don't know. I began this line of discussion merely to say I think they should.
Quote from: Clvlndr in LV on September 30, 2009, 03:40:02 PMQuote from: punch on September 30, 2009, 03:11:21 PMSeal the deal to whom?Obviously if people are already interested in signing leases, obviously they think the project if viable.Perhaps scarcity of available floorspace is pushing people to sign up early rather than wait.Just because it is bigger does not mean it is better. If size were the only issue, Randal Park Mall would be thriving and Beachwood Place would be struggling. That is not how that turned out.Until there are facts stating that the MM building can not be expanded, or that companies are choosing not to join the Cleveland MM because it is too small, can we please give this a rest?Seal the deal as in keep the competition from getting off the ground.Punch I'm not trying to be contentious but I think this is a valid point for discussion. I've stated I don't know which of the two projects has the scale right and I get your bigger is not better mantra. I simply believe small leaves the door open where big, or the ability to grow, slams it shut. Perhaps MMPI is planning to have the ability to add contiguous space, I don't know. I began this line of discussion merely to say I think they should. I've been to the Furniture Mart in North Carolina. It's not big at all and furniture takes up a lot of space. Also, and correct me if I'm wrong, but the MM like the furniture mart is not intended for a manufacturer to exhibit ALL of their products at any one time.
