WESTLAKE, Ohio-- Construction will begin next month on a major expansion at Crocker Park that will include the development of the new world headquarters for American Greetings.
"Crocker Park is the best example of a mixed-use community core development anywhere," said park manager, Tina Roberts, "and it's about to get so much better."
In addition to American Greetings, Crocker Park will add new apartments, a hotel, more retail space and new restaurants.
The combined projects will cost between $350 and $400 million, and will provide thousands of jobs.
In a statement, Michael Killeen, president of Westlake City Council, said the city "is excited that this important step is complete, and looks forward to working with American Greetings as they establish their new world headquarters."
The company is moving from the suburb of Brooklyn, which is estimated to lose about $3 million a year in income tax revenue when American Greetings relocates.
For more on this and other stories about the American Greetings relocation, click here.