Cleveland Innovation District Could Mean Thousands of Jobs

(Cleveland) - Ohio Governor Mike DeWine on Monday announced the establishment of the Cleveland Innovation District, a joint effort of state and local government, along with Cleveland Clinic, MetroHealth System, University Hospitals, Case Western Reserve University, and Cleveland State University.

The goal is to have all the organizations work together, in large part, to research infectious diseases, including coronavirus.

The state will kick in $265 million to get the initiative going. Cleveland Clinic will invest about $300 million.

Projections are for the project to create 20,000 local jobs in the next ten years. State officials say this could mean a $3 billion economic impact on this region. The project is being committed to by JobsOhio, the state's economic development arm.

There won't be an actual district, but a new research building is being planned by Cleveland Clinic on its main campus.

(Photo courtesy JobsOhio)

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