Cleveland Contractors: $1.4B in Cleveland Clinic Construction, Don't Let Rental Companies Eat Your Margins
Cleveland Clinic is investing over $1.4 billion in two major construction projects: a $1.1 billion Neurological Institute on the main campus and a $265M expansion of Fairview Hospital. Whiting-Turner and Gilbane are leading the builds, and the equipment demand, tower cranes, aerial lifts, concrete pumps, generators, is driving rental prices up across Northeast Ohio. TrueRent shows Cleveland contractors where their invoices from United Rentals, Sunbelt, Ohio CAT, and ALL Crane are above market.
Cleveland Clinic's construction program is happening simultaneously with the $2.4B Browns stadium in Brook Park. That double hit on the local equipment market means rental companies are in the driver's seat on pricing. If you're a sub on either the Neurological Institute or Fairview Hospital project, your rental invoices are almost certainly higher than they need to be. TrueRent catches the overcharges your PM doesn't have time to find.
Cleveland Clinic Neurological Institute + Fairview Hospital ($1.4B+ investment)
Cleveland Clinic is building a $1.1 billion Neurological Institute on its main campus, a transformational project for neuroscience research and treatment. Simultaneously, the Clinic is investing $265M+ in a major renovation and expansion of Fairview Hospital on the West Side. Together, these represent over $1.4 billion in healthcare construction across Cleveland.
Vendors we benchmark
- United Rentals
- Sunbelt Rentals
- Herc Rentals
- Ohio CAT
- ALL Crane Rental
- Nord Industrial