Some added thoughts this
morning about the Medical
Mart nonsense.
I go back to my original
thoughts about the Medical
Mart and Convention Center.
The splashy presentations by
Christopher Kennedy and his
Merchandise Mart Properties
Inc. gang (MMPI) didn't
change a thing.
The deal stinks.
How does it make sense for
Cuyahoga County to build
whatever Kennedy finally
decrees with some $1 billion
in public money
(construction and
financing), and then pay
$108 million to Kennedy to
operate this public
building? That what
the memorandum of
understanding between the
two says. There is, of
course, no signed contract
so it could be worse.
The original plan says
Cuyahoga County taxpayers
take a bath.
It makes absolutely no sense
at all.
Cuyahoga County Commissioner
Tim Hagan
(pictured sucking up to
convicted Gov. Bob Taft) is
a family friend of the
Kennedy family. Hagan
didn't give this sweet a
bargain to Dick Jacobs.
And he gave Jacobs a sweeter
sweetheart deal than one
could imagine.
No one had to ask whether
these facilities would pay
property taxes. That's
the reason the County will
build (public) and then give
operation of the facilities
to Kennedy (private).
It's public property and
won't pay taxes, though
clearly at least the Medical
Mart portion should pay
property taxes. That
is a business.
Once you give such broad
authority to a private
company, you have lost
control of the public
building and, of course, the
public's interest. To
say nothing of public money.
So this is a bad deal
squared.
I wonder how many
restaurants and other retail
outlets will be built into
this scheme. I suspect
there will be revenue-making
schemes galore. This
will be to the detriment of
downtown businesses the
facility supposedly will
help. for example,
Hagan, principally with then
Cleveland Mayor Michael
White, had a fancy 900-seat
restaurant built for Jacobs
at the stadium and a
four-story $5 million office
building. Hagan... he
who talks about the public
interest and The People.
The latest version of the
mall plan talks of a
four-story Medical Mart.
The previous endorse site at
Higbee's talked of only two
floors at rent free.
I speculate the four-story
Medical Mart will not only
be for the display of
products that supposedly
will draw buyers here.
I'd suggest there will be
fancy offices for Kennedy's
MMPI, and no doubt fully
accessorized by County money
- meaning everything from
computers and telephone
systems to desks and
copiers.
That's what Hagan did for
Jacobs at the stadium,
though the lease never
called for any executive
office building for the
team. (Jacobs even got a
special boat-shaped
conference table with
in-laid wood replicating
baseball stitching and a
metal Chief Wahoo emblem.
Nothing too good for some
people.)
When the dough flows,
nothing is too good for
these kinds of special
elites.
From the beginning, I've
said that the Medical Mart
was simply the gimmick
Cleveland corporate leaders
invented to sell the public
on an expensive, new
convention center.
They have never offered any
proof of a medical mart's
economic impact.
I still rest my case on that
proposition... that this is
a $1 billion boondoggle of a
proposition.