Plans to build a $500 million merchandise mart and convention center in Cleveland advanced last week when Cuyahoga County commissioners announced a specific site for the complex.

Commissioners said the new center and medical merchandise mart would be built in downtown Cleveland, replacing the existing underground convention center that is nearly a century old. The decision was made in part due to lower estimated costs on the part of Chicago-based Merchandise Mart Properties Inc., which will build and manage the property.

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