Global Center for Health Innovation Approved for $40 Million Renovation
The Cuyahoga County Council voted in favor of the decision last week
Cuyahoga County Council Tuesday approved $40.4 million to turn the Global Center for Health Innovation into an extension of the Huntington Convention Center of Cleveland.
The county's money covers most of a proposed renovation of the Global Center, and includes $31 million in debt and $9.4 million in cash, which will come from $5 million in federal stimulus money, $3 million from the general fund and $1.4 million from convention center naming rights proceeds.
The Cuyahoga County Convention Facilities Development Corp. -- the non-profit that oversees both facilities and is funded through annual payments from the county -- will pay an additional $9 million from its reserves to complete the project.
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