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| The Mickey’s Building on Euclid Avenue in East Cleveland was sold by the Cuyahoga Land Bank to a Boston-based biotech firm that plans to add more than 100 jobs to the site. Still in question is whether a proposed ground- floor café engaged in a legal battle with the land bank will open (RDL). CLICK IMAGES TO ENLARGE THEM. |
One week after the Cuyahoga Land Bank completed a $3.5 million renovation of the Mickey’s building, 12550 Euclid Ave., in East Cleveland, it announced the sale of the building to Verdynt Bio, a Boston-based science facility developer with strong ties to Ohio. Verdynt Bio’s operations partner, SKYLIIT Labs, said it plans to invest more than $12 million into the site to create 100 jobs in a state-of-the-art laboratory and office co-working space.
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