Midtown Community Development Corporation has been working with the Cleveland Foundation on the redevelopment of City owned parcels between E. 65th and E. 66th Streets that front Euclid Avenue. These parcels are in the Health Tech Corridor which is one of Cleveland’s strongest economic development areas. Midtown has been able to acquire these parcels from the Industrial Commercial Landbank. The Cleveland Foundation plans to construct a $25 million facility to house their office headquarters in conjunction with Midtown developing a 100,000 square foot building with an approximate cost of $40 million, construction will begin in 2020. The establishment of this innovation district will complement neighboring developments at Midtown Tech Park, Victory Center, Agora, and Link 59/University Hospitals.