I-X Center will no longer host exhibition events after Cleveland City Council approves amended lease скачать в хорошем качестве

I-X Center will no longer host exhibition events after Cleveland City Council approves amended lease

The days of large conventions at the I-X Center are officially coming to an end. On Monday, Cleveland City Council approved a new agreement that extends Industrial Commercial Properties' lease on the 2.2 million-square-foot building for another 49 years. However, the space will no longer host the exhibition events that have become staples for decades, such as the Cleveland Auto Show or the Great Big Home and Garden Show. Instead, the city plans to lure a Fortune 500 company to occupy the space full time. Such a project would bring an estimated 200 jobs to the area with an overall payroll of $23 million, lawmakers said. "The I-X Center was bought by the city when new runways for Hopkins were expected and planned, but the need vanished," city council said of a 2001 land swap that saw Brook Park hand over the I-X Center to Cleveland in exchange for much of NASA Glenn Research Center. "While rent is paid to the airport, all taxes generated by the facility are paid to the City of Brook Park per a legal settlement agreement dating to the acquisition of I-X Center." The building's history dates back to 1942, when it served as a construction plant for B-29 bomber planes during World War II. After many more years as a military tank plant, it was used for a number of purposes before being christened as the International Exposition Center in 1985, and served as one of Greater Cleveland's premier event spaces for the next 30-plus years. Full coverage: https://www.wkyc.com/article/news/loc... -- At 3News, we’re not here to tell you the news, we’re here to share the stories that you say matter most to you. Share your ideas, thoughts, concerns and engage in conversations about the communities in which we all call home. Follow 3News on Social: Facebook:   / wkyc.channel3   Twitter:   / wkyc   Instagram:   / wkyc3   Visit our site: https://www.wkyc.com/ And be sure to download our app here: https://wkyc.com/app