CLEVELAND, Ohio – June 10, 2014 – Jacobs Real Estate Services (JRES) announced today that a 60-bed adult inpatient rehabilitation hospital will be constructed at its Avon Place development in Avon, Ohio. It will be built as part of a joint venture between Cleveland Clinic and Select Medical.
The rehabilitation hospital will be located on 12 acres adjacent to the Cleveland Clinic Richard E. Jacobs Health Center, which is on Just Imagine Drive. Construction is expected to begin this summer with the goal of opening in late 2015.
“This project is another chapter in how Avon Place is growing into a medical campus that will support other ancillary developments, such as restaurants, offices and the Residence Inn by Marriott, which is already under way,” said Jim Eppele, JRES executive vice president.
About Cleveland Clinic
Cleveland Clinic is a nonprofit multispecialty academic medical center that integrates clinical and hospital care with research and education. Located in Cleveland, Ohio, it was founded in 1921. More than 3,000 full-time salaried physicians and researchers and 11,000 nurses represent 120 medical specialties and subspecialties. Patients came for treatment from every state and from more than 130 countries. Visit www.clevelandclinic.org for more information.
About Select Medical
Select Medical is one of the nation’s largest providers of specialized acute and post-acute care. Its network of nearly 32,000 employees operates or supports more than 100 hospitals specializing in long-term acute care, 15 medical rehabilitation hospitals, and more than 1,000 outpatient clinics offering physical and occupational therapy. Select Medical (NYSE: SEM) was founded in 1996 and is based in Mechanicsburg, Pennsylvania. For more information, visit www.selectmedical.com.
About Jacobs Real Estate Services LLC
Jacobs Real Estate Services provides comprehensive brokerage, leasing and management services for owners of office buildings, specialized-use facilities and mixed-use developments. It is an independent affiliate of The Richard E. Jacobs Group, one of the nation’s premier developers of commercial real estate with more than 50 years’ experience.
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JRES is a fully integrated third-party commercial real estate firm serving land and property owners. As an affiliate of The Richard E. Jacobs Group, JRES leverages nearly 60 years of experience and an owner’s perspective to maximize the value of its clients’ commercial real estate. At JRES, this experience means everything to our clients.