Crain's Cleveland Business

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9/6/2013

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Vol. 34, No. 36

$2.00/SEPTEMBER 9 - 15, 2013

Entire contents © 2013 by Crain Communications Inc.

Park ready to re-up with I-X Center Operator says he’ll extend lease with city, despite dispute over $2 million sewer line break By JAY MILLER jmiller@crain.com

With all the hoopla surrounding the unveiling of the new Cleveland convention center, it would be a mistake to assume that its opening

spells the beginning of the end for the city’s other, larger exhibition hall — the I-X Center adjacent to Cleveland Hopkins International Airport. The I-X Center is still going strong, and Ray Park, 87, head of

the family-owned conglomerate that operates the giant exhibition hall, told Crain’s he intends to exercise his option to extend his lease for five years beyond its current 2014 expiration. “It’s doing good,” said Mr. Park,

whose Park Corp. does not report publicly the revenues of the I-X Center. “It isn’t very busy in the summertime, but it’s booked up for the show season. Little by little, it’s getting better.” See PARK Page 15

“It’s doing good. It isn’t very busy in the summertime, but it’s booked up for the show season. Little by little, it’s getting better.” – Ray Park, head of Park Corp., on the I-X Center

Compass directs its sights to Shaker Amsdell unit plans to spend ‘millions’ as it begins local self-storage push By STAN BULLARD sbullard@crain.com

Cleveland-based Amsdell Cos. is setting its compass for Northeast Ohio — its Compass brand of selfstorage centers, that is. The company led by the Amsdell family plans to convert the former Ganley Nissan and one-time Blauschild car dealership at 16005 See COMPASS Page 18

INSIDE MARC GOLUB

The centerpiece of the Akron Children’s Hospital project is a new critical care tower near the intersection of Locust and Exchange streets.

PRIMARY FOCUS IS GOOD FOR GROWTH

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ith much fanfare, Akron Children’s Hospital last spring broke ground on an exhaustive, $200 million expansion of its main campus in the heart of downtown Akron — a project slated to be the hospital’s loftiest capital investment in more than two decades.

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With 23 primary care practices in tow, Akron Children’s is developing powerful pediatric network

By TIMOTHY MAGAW tmagaw@crain.com

HEALTH CARE SUMMIT

An increasing appetite Gluten-free dishes are becoming a must for many Northeast Ohio retailers and restaurants. PAGE 3

See PRIMARY Page 6

5 2 T P E S ONE ROOM.

15 EXPERTS.

CrainsCleveland.com/HCSummit

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