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CLEVELAND, OH (WOIO) –

Companies-owned by Michigan billionaire Dan Gilbert buy The Avenue Shops at Tower City from Forest City Enterprises.

The retail center is located in the heart of downtown Cleveland.

The shops are currently comprised of more than 100 retailers and restaurants as well as an 11-screen movie theater.

The Avenue Shops at Tower City Center opened in 1990 after Forest City Enterprises, Inc. converted the historic Cleveland Union Terminal into the shopping mall featuring vaulted skylights, marble fountains, three stories of retailers and a food court.

READ MORE: Cleveland19.com

Article and First and Second Picture Courtesy of WOIO Cleveland 19 News

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