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About / News / Toledo

Toledo’s high living standard, low unemployment need better marketing, analyst says

Posted By: The Toledo Blade on March 14, 2024.  For more information, please click here to read the source article. Toledo must mount a marketing campaign to stress its affordability and availability of jobs to build up its work force, a Huntington Bank executive said during an economic outlook meeting Thursday morning. While labor pools in Ohio’s three […]

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Giant Ford parts distribution center plants flag amid marijuana dispensaries

Posted By: The Toledo Blade on March 21, 2024.  For more information, please click here to read the source article. Ford Motor Co. is nearing completion of a giant parts packaging and distribution center in Monroe Township, a part of the business that became notable during last year’s United Auto Workers strike against the Detroit Three. Ford’s newest […]

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Swiss company breathes new life, work into 113-year-old Toledo machine maker

Posted By: Toledo Blade on March 9, 2024.  For more information, please click here to read the source article. A Swiss company that has purchased NSS Enterprises Inc., a century-old cleaning equipment maker in Toledo, is bringing work here from overseas and doing its part to reverse the decades-long general trend of work being outsourced away from Toledo. […]

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Downtown Toledo’s office, apartment vacancy increased last year, reports say

Posted By: The Toledo Blade on February 12, 2024.  For more information, please click here to read the source article. Downtown Toledo offices continued to empty out last year, while downtown’s typically low apartment vacancy rate ticked up slightly as well, according to new reports from the real estate firm Reichle Klein Group. Downtown office vacancy stood at […]

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State announces $10M tax credit for Nicholas Building renovation

Posted By: The Toledo Blade on December 22, 2023.  For more information, please click here to read the source article. Renovation of downtown Toledo’s historic, but decrepit, Nicholas Building got a $10 million boost Thursday from the Ohio Historic Preservation Tax Credit Program. The credit awarded to the building on the southwest corner of Huron Street and Madison […]

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2024 set to be a significant year for economic development in Toledo

Posted By: WTOL11 on January 3, 2024.  For more information, please click here to read the source article. WTOL 11 has learned that 2024 could be a significant year for development in Toledo. City leaders said there is currently more than $1 billion of investment property primed for projects this year. Wanting to highlight these various projects, WTOL […]

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‘Endless opportunities’: Working with the trades is wave of the future

Posted By: Toledo Blade on September 4, 2023.  For more information, please click here to read the source article. The future of Labor Day is at work at Penta Career Center in Perrysburg Township. In a welding class, fiery orange sparks spurt up from welders in action. In another wing, a student wields a remote control — that […]

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Toledo secures grant for North Towne Square industrial redevelopment

Posted By: Toledo Blade on June 6, 2023.  For more information, please click here to read the source article. A state grant announced this week to offset infrastructure costs will support Toledo’s efforts to redevelop the former North Towne Square property into an industrial site. JobsOhio has awarded the city a $1.5 million grant for the North Towne […]

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Downtown Vistula District continues to revitalize in historic area

Posted By: WTOL11 on May 19, 2023.  For more information, please click here to read the source article. The Vistula Historic District is one of the oldest neighborhoods in Toledo and is known as the gateway to downtown. So, developers are working to revitalize it. Developers have invested millions in new commercial and business spaces to blend the old with […]

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Toledo seeks more funds to bring old storefronts back to life

Posted By: The Toledo Blade on March 13, 2023.  For more information, please click here to read the source article.   The city of Toledo wants to expand two grant programs that have made it financially viable for the owners of long-vacant neighborhood commercial buildings to bring them up to code and get them back into productive use. […]

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Land bank picks Cincinnati developer to overhaul two Toledo ‘skyscrapers’

Posted By: Toledo Blade on January 11, 2023.  For more information, please click here to read the source article. The Lucas County Land Bank on Wednesday chose a Cincinnati developer that it hopes will eventually transform two of downtown Toledo’s oldest and largest office buildings — the Spitzer and Nicholas — into hundreds of apartments and ground-level commercial […]

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Work starts on luxury apartment, retail complex near Toledo Hospital

Posted By: The Toledo Blade on November 27, 2022.  For more information, please click here to read the source article.   A project to build a luxury apartment and retail complex in Toledo’s former Colony area, near ProMedica Toledo Hospital, is finally moving forward. Work on the $45 million project, on a nearly 11-acre lot off Central and […]

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WiFi, shared forklift attract businesses to ‘co-warehousing’ complex

Posted By: Toledo Blade on September 15, 2022.  For more information, please click here to read the source article.   Ben Mashni wasn’t liking the options as he searched for a small warehouse space to serve as home base to install commercial water meters in Toledo. Available spaces tended to be in shopworn areas with minimal security and […]

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Four developers shortlisted to redevelop Toledo’s Spitzer, Nicholas buildings

Posted By: Toledo Blade on September 22, 2022.  For more information, please click here to read the source article.   The Lucas County Land Bank said Thursday that four developers have been formally shortlisted to redevelop the Spitzer and Nicholas buildings in downtown Toledo. Eight development teams submitted initial proposals. The four finalists will be invited to submit […]

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Libbey Glass announces deal to exit Europe

Toledo-based Libbey Glass announced that it is entering into an agreement to sell its European operations. Libbey said that in addition to its European operations, the same agreement includes selling the Royal Leerdam and Crisal Glass brands to Anders Invest Co-Invest Fund 3 CoöperatiefU.A. Libbey’s European operations, representing a small portion of Libbey’s global market […]

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Ohio approves 70 more medical marijuana dispensaries

Ohio’s 3-year-old medical marijuana program on Monday more than doubled the number of dispensaries where product may be sold in its first major expansion since its inception. The Board of Pharmacy approved 70 provisional licenses out of some 1,400 applications received, bringing the total to date to 128. Three more are expected at a later […]

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Former North Towne Square site approved for redevelopment by Toledo plan commission

The Toledo City Plan Commission Thursday approved a major site plan to redevelop the former North Towne Square location for industrial use. The proposal is being designed by Mannik & Smith Group of Maumee and would include three industrial buildings totaling approximately 852,000 square-feet, according to the plan commission staff report. NorthPoint Development with an […]

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Council approves plan for community entertainment districts

Toledo City Council on Tuesday unanimously approved plans to establish seven new community entertainment districts in an effort to bring more business and attract more residents to the downtown area. The districts are designated areas that will open the door for more liquor licensing and allow for a mix of entertainment, retail, social, and cultural […]

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Unique programming supports local entrepreneurial spirit

Most entrepreneurs need some sort of jump start to get a business off the ground. That is the purpose of JumpStart, a nonprofit venture development organization that provides technical services and capital to Toledo-area Black, Latino, Hispanic and women-owned small businesses, said Vicki McDonald, JumpStart communications manager. “It is intended to help small businesses gain […]

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Toledo real estate: Apartments and industrial buildings are hot, but offices are struggling

Toledo’s apartment and industrial real estate markets were red hot last year but not its retail and office space sectors, which recorded higher vacancy rates and fewer transactions. That’s according to new annual reports from the Reichle Klein Group, a Toledo real estate company that frequently analyzes the area market. In general, the reports suggest the Toledo […]

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Problematic Days Inn building to go up for auction

Toledo City Councilman Theresa Gadus hopes the imminent auction of a long-troubled hotel in her district means a new beginning. “I think that the timing of it would be wonderful for the right purchaser,” Ms. Gadus said of the former Days Inn and Jill’s Bar and Grill near I-75 in East Toledo. “The momentum is […]

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New construction coming to Reynolds Road

A new building slated for the Reynolds Road corridor marks another new project in an area previously wrought with blight. The Toledo Police Federal Credit Union will invest $1.25 million for the construction of a new 4,200-square-foot building at 2340 S. Reynolds Road near the intersection of Heatherdowns and Reynolds roads. The site once housed […]

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Release of state funds for redeveloping contaminated sites has created a buzz in Toledo

Lucas County leaders hope that a share of the $350 million in state money available this year to clean up contaminated sites could lead to the future redevelopment of the Nicholas and Spitzer buildings downtown. Known as brownfield sites, their legacy of pollution at such properties often stands in the way because of additional redevelopment […]

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Monroe Township golf course to be sold, redeveloped by InSite

The 142-acre Harbor Dunes Golf Club in Monroe Charter Township will soon be transformed into an automotive-related warehousing and distribution center, township supervisor Al Barron announced Tuesday. Barron revealed the first details of the proposed project at the Monroe County Chamber of Commerce’s December Koffee Club event, at which elected officials from across the region discussed ongoing and upcoming […]

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Prime Oshkosh riverfront sold to new developer

The former site of the Morgan Door Co., a prime waterfront property on Oregon Street that has been dormant for years, has been sold to a new developer. What happens next at the site is unclear. “Nothing has been submitted to the city for approval,” said Kelly Nieforth, Oshkosh’s director of community development. “It will […]

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Developers consider Route 20 a prime location for new development

With new retailers filling up Rossford’s former Giant Eagle building and construction taking place in Perrysburg Township’s French Quarter Square, U.S. 20 has become a hub of economic development for the region. “The Route 20 corridor is about as hot as any corridor in the greater Toledo area,” said Doug Flick, director of real estate […]

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As Fort Industry Square nears completion, developer set to tackle Nasby Building

Renovating and remodeling Fort Industry Square, comprising 13 buildings with 13 different floor plans hasn’t dissuaded Kevin Prater from taking on what some could see as an even more daunting challenge. “This has probably been the most difficult project I’ve ever done,” the owner of Prater Development Ltd. told an audience of about 100 at […]

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Redevelopment of former North Towne Square Mall to bring 500 new manufacturing jobs

City officials on Thursday announced the long-vacant former North Towne Square Mall property will soon be redeveloped into Toledo’s latest industrial park, a move Mayor Wade Kapszukiewicz said will bring at least 500 well-paying, advanced manufacturing jobs to the community. Kansas City-based NorthPoint Development intends to spend $70 million to build two industrial buildings totaling […]

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UPS to occupy 225,000-square-foot building on Glenwood Road

A new United Parcel Service facility will be the cornerstone of a nascent industrial park off Glenwood Road in Rossford for which development is starting to move, Rossford Mayor Neil MacKinnon announced Friday. The mayor said he did not yet have details about how many jobs the 225,000-square-foot facility will generate, but that Scannell Properties, […]

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New city initiative aims to restore vacant buildings

Toledo officials are hoping the Vibrancy Initiative will help local businesses restore the city’s vacant commercial buildings to house a wave of entrepreneurs who have been inspired to launch their own companies. Announced Monday against the backdrop of the Broadway corridor in one of Toledo’s oldest neighborhoods, the pilot program was created to invest in […]

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Brick-by-brick: Plans for tech hub at former Jefferson Center move forward

Every week, Monday through Friday, like clockwork, Tammi Sherman takes a drive around the former Jefferson Center — a vacant building with rich history, bounded by four downtown streets in Toledo. While others who pass by may only see a 110-year-old building that has sat uninhabited for years with railings rotting out from the bottom, […]

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Owens Community College celebrates opening of $9.6 million Dana training center

Owens Community College officials opened the $9.6 million Dana Advanced Manufacturing Training Center doors to a majority of students with little fanfare last spring, but they made up for lost time Wednesday with a ceremony to celebrate the building project’s completion and showcase the facility’s new modernized features. Crowded together under a canopy in front of the […]

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Residents, leaders hopeful new YMCA will be catalyst for neighborhood

Residents of the Warren-Sherman neighborhood on Monday gathered in the multipurpose room of the Wayman D. Palmer YMCA to share their vision for what a new YMCA should look like in order to best serve the community. The city of Toledo is partnering with the YMCA of Greater Toledo to demolish the existing YMCA and […]

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$8.6 million renovation could be coming to Schneider Soccer Complex

South Toledo’s Schneider Soccer Complex could soon be renovated into state-of-the-art facilities that soccer club leaders hope will expand access to the sport in Toledo and attract regional tournaments to the city. Toledo City Council on Wednesday will consider two pieces of legislation that, if approved, would get the ball rolling. The first is an […]

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Ohio awards tech company a tax credit for expected 378 new jobs in downtown Toledo

Ohio has awarded Bitwise Industries a tax credit for its planned downtown Toledo innovation center, which the California tech company pledges will create 378 jobs with an annual payroll of $20.4 million. The Ohio Tax Credit Authority on Monday agreed Bitwise will get a 1.8 percent, 10-year job creation tax credit for its efforts, a […]

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Coming soon to Toledo: Discount retailer HomeBuys, upscale restaurant Cooper’s Hawk

Discount home goods retailer HomeBuys is coming to Toledo, filling a long-vacant space at Talmadge Road and Monroe Street that previously housed The Andersons general store. The Columbus-based company with locations around the state claims a “treasure-hunt atmosphere,” with always-changing items. It purchases closeout items from other retailers and manufacturers then sells them at a deep discount. […]

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Giving a boost to Lowertown

Anyone who has cruised along Summit Street just north of downtown in recent years has noticed a change. The neighborhood has some new businesses, new plans for the riverfront, and a new energy. What it needs is a little boost from the city. Neighborhood leaders, including owners of some of those new bars and restaurants, […]

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At age 50, Franklin Park Mall tries to swim against the retail current

What kind of birthday gift do you buy for a shopping mall? In the case of Franklin Park Mall, which reaches 50 years old July 22, the answer is probably a dozen or so new tenants to help put it on the path toward another half-century. But Toledo’s premier shopping venue didn’t survive this long […]

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First Solar plant could boost industry — if feds assist

Excitement enveloped greater Toledo two weeks ago as executives of First Solar Inc. said they intend to construct a 1.8 million-square-foot plant — their third high-tech solar panel-making operation in northern Wood County — starting in the second half of this year. Politicians and economic development officials alike were thrilled by the decision that should […]

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Elder-Beerman, Sears redevelopment unlikely for now, city official says

Fifteen months ago the city of Toledo soundly rejected tax abatements that would have helped a California firm redevelop the former Elder-Beerman property on Secor Road. It appears the once-popular department store will remain vacant for the foreseeable future because tearing it down and erecting new retail space on the site is not economically feasible […]

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Western Lucas County growth steady for decades

A housing community the size of Waterside Sylvania needs to be located on the outskirts or builders will run out of space. “This is the very edge of Sylvania Township,” said JP Ankney, co-owner of Gulfstream Development, as he walked along Windward Drive and Montauk Court within the Waterside Sylvania community. “That field over there is […]

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THE DETROIT FREE PRESS NAMES SIGNATURE ASSOCIATES A WINNER OF THE MICHIGAN 2018 TOP WORKPLACES AWARD

THE DETROIT FREE PRESS NAMES SIGNATURE ASSOCIATES A WINNER OF THE MICHIGAN 2018 TOP WORKPLACES AWARD

SOUTHFIELD, MICHIGAN—November 29, 2018— Signature Associates has been awarded a 2018 Top Workplaces honor by The Detroit Free Press. The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC, a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of workplace culture, […]

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SIGNATURE ASSOCIATES BROKERS NAMED AS COSTAR POWER BROKERS FOR 2017

SOUTHFIELD, MICHIGAN—March 29, 2018— CoStar Group has awarded its annual Power Broker Awards and honored Signature Associates with 31 “Power Broker” distinctions.  The Signature brokers account for 26% of the overall award winners and 43% of the industrial award winners.  In addition to the individual awards, Signature Associates, as a company, was named in the […]

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