Trailhead BioSystems: In Commerce Park, a process of laboratory and facility fit out will now commence operations with the new Headquarters and Operations building for Trailhead Biosystems Inc. The company has developed revolutionary platform for generating specialized human cells for use in therapeutic cell development, drug discovery, organ-on-a-chip development, 3D organ printing, and human disease modeling. They will bring operations to Beachwood along with 59 employees and an associated payroll of $4.8 million.
GE Current: On Science Park Drive, GE Current under the name Current Lighting Solutions, will bring operations to 25825 Science Park in Beachwood. They are expected to bring 115 employees to Beachwood with an associated payroll of $14.5 million. Current is a versatile, customer-driven lighting solutions company serving businesses and partners around the globe. With the industry’s widest selection of advanced lighting and intelligent controls, they create safer, efficient, inspired environments powered by smart, sustainable technologies.
Porshe Beachwood: On Orange Place, the Porshe Dealership will soon expand into a new facility on 6.5 acres. Penske Automotive Group, went before City Council with plans to move the business from its current address, 25855 Chagrin Blvd and revitalize the site at the former Marriott. The new building, at 34 feet in height, will measure just over 57,000 square feet and the site will include a second building for auto detailing that would occupy a little more than 6,600 square feet. 35 new jobs will be added.
DoubleTree Project: On Park East Drive, a rezoning has taken place on a multi-million-dollar redevelopment project. In an effort to support this projects advancement, as one of the largest mixed-use developments in Northeast Ohio, the City has completed a collaboration between the developer, My Place and the City, with final plans calling for the demolition on the existing Double Tree by Hilton Hotel and new construction of a complex of buildings in a new mixed-use development.