Cases & Deals

Stark Enterprises sells land to American Greetings Corporation for construction of its new world headquarters at Crocker Park mixed-use development in Westlake, Ohio, and receives financing for additional projects at site

Clients Robert L. Stark Enterprises Inc.

Jones Day represented developer Robert L. Stark Enterprises Inc. and Crocker Park, LLC in connection with the sale of approximately 14 acres of land to American Greetings Corporation for the construction of AG's new world headquarters at the Crocker Park mixed-use development, as well as the related financing of retail, residential, hotel, and parking garage projects and other public infrastructure at the site aggregating more than $200 million. Funding was provided by a variety of sources, including Huntington National Bank, Cleveland International Fund (EB-5 program), the City of Westlake, Ohio, and the Cleveland-Cuyahoga County Port Authority.

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