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Pandemic delays Cherry Street development

To great fanfare last June, Mercy Health announced that it would continue to revitalize the Cherry Street Corridor by building a mixed-use development on Cherry Street in partnership with local commercial real estate firm NAI Harmon Group. Unfortunately, the announcement was all that has happened thus far. The partners had hoped to complete the development […]

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Can Amazon deliver new life to Reynolds Road?

In a few months, what was the weed-strewn, broken concrete grave of the former Southwyck Shopping Center will be reborn with the opening of Amazon’s $25 million “Delivery Station.”  The 150,000-square-foot facility at 2040 S. Reynolds Rd. will bring new life, plus 410 jobs, to the 58-acre site that has sat vacant since 2008 when […]

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Building sale downtown seen as catalyst to Four Corners revival

Signature was proud to be a part of this amazing deal! One of three vacant downtown office buildings seized from an out-of-town and inactive property owner is set to be sold by the Lucas County Land Bank to a local internet business that plans to put it back into use. The sale marks the start […]

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Site Selection Magazine ranks Toledo first in new business investment

Site Selection Magazine ranks Toledo first in new business investment

Site Selection Magazine has named Toledo No. 1 for new business investment among metropolitan areas with populations between 200,000 and 1 million, a ranking Mayor Wade Kapszukiewicz said the city has never before secured. Toledo tied with Savannah, Ga., for the top spot in the magazine’s Governor’s Cup 2020 awards. The mayor announced the economic […]

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Franchising expected to bounce back quickly

Franchising expected to bounce back quickly

The number of small businesses failures in 2020 has yet to be calculated, but two months into the new year the havoc that the coronavirus pandemic wreaked on small business franchises has become clear. According to a report prepared by FranData for the International Franchise Association, the number of business franchises declined 2.6 percent last […]

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Land Bank to seek federal funds for industrial site cleanup

Land Bank to seek federal funds for industrial site cleanup

The Lucas County Land Bank board voted Wednesday to submit a first-time application for a $350,000 share of the city of Toledo’s Community Development Block Grant. If awarded by Toledo City Council, the money would be spent on two projects: to beautify an abandoned industrial site next to a central Toledo neighborhood and to stabilize […]

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Toledo retail landscape not as bad as expected, report says

Toledo retail landscape not as bad as expected, report says

Thirty major retailers filed for bankruptcy in 2020, a devastating year that saw nearly 15,000 stores close and thousands of workers jobless.  But while the loss of major retailers also was felt in the Toledo area during the year of the coronavirus pandemic — with chains like Steinmart, Pier 1, and Art Van Furniture, all […]

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Toledo officials hope to position former North Towne Square Mall for redevelopment

Toledo officials hope to position former North Towne Square Mall for redevelopment

City officials are moving to reposition the former North Towne Square Mall property for redevelopment in their latest move to get vacant city-owned land back into productive use. The North Toledo site has been vacant for 16 years, and 11 years ago the city took ownership of the former shopping mall so that it could […]

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GM to Invest $75M in Toledo Transmission Plant

GM to Invest $75M in Toledo Transmission Plant

Detroit-based General Motors Co. has announced it will invest $75 million in its Toledo transmission manufacturing plant. Work on the upgrades is now underway. The investment will increase the plant’s capacity to build 10-speed automatic transmissions that are used in GM’s full-size truck products including the Chevrolet Silverado and GMC Sierra. “Through this investment, we […]

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Libbey to invest $30 million in Toledo operations

Libbey to invest $30 million in Toledo operations

Libbey Glass LLC has announced it will maintain its Toledo operations, add a stemware line, and remain headquartered in the city. With the assistance from JobsOhio, the company plans to invest nearly $30 million over the next four years for those purposes, according to a business announcement released Monday by the Regional Growth Partnership. “We […]

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Pandemic could bring permanent changes to delivery, office work

Pandemic could bring permanent changes to delivery, office work

There’s little doubt that living under a year of a global pandemic has caused many of us to adopt new routines and trends.  Purchases from Amazon, groceries by delivery, dining outdoors, meetings by Zoom.  But how many of those changes will remain after the coronavirus is finally under control? “This year has forced us to […]

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ProMedica donates $10 million to Glass City Metropark, renames SeaGate

ProMedica donates $10 million to Glass City Metropark, renames SeaGate

ProMedica has agreed to donate $10 million over six years to help Metroparks Toledo with the planned Glass City Metropark & Riverwalk, it announced Thursday. The donation will go toward the $200 million or more of work that remains at the site. A recently passed levy only partially covers that amount, as it is expected to raise […]

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Cannabis firm with Toledo connection growing like a weed

Cannabis firm with Toledo connection growing like a weed

An Illinois company that opened the Toledo area’s first medical cannabis dispensary and owns a cannabis production plant in North Toledo is expanding its local operations to include a marijuana growing facility to augment its Ohio supply chain. Green Thumb, Inc., of Chicago is investing $25 million for the growing facility on Jason Road in […]

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Park Inn restoration plan on track

Park Inn restoration plan on track

A $64.5 million plan to restore the 15-story Park Inn hotel downtown, expand and renovate the adjacent SeaGate Convention Centre, and tear down the nearby former Hotel Seagate is proceeding on schedule with construction activity likely before the month ends. “Everything’s very close to getting moving. I expect you’ll see some demolition there in the […]

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City commission approves proposal requiring special use permit for small box discount stores

City commission approves proposal requiring special use permit for small box discount stores

Small-box discount stores — such as Dollar General — may eventually have to obtain special-use permits to open in Toledo under a proposal passed recently by the Toledo City Plan Commission. The proposal, applicable only to new stores coming in, not existing businesses, would affect discount stores with a floor area between 5,000 and 15,000 square […]

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Anonymous company considers lot purchase in Triad Business Park

Anonymous company considers lot purchase in Triad Business Park

An anonymous company is considering purchasing 6.5 acres of land from the city of Toledo as part of a $300,000 deal that would also contribute to the redevelopment of two historic downtown buildings. The agreement, if approved by Toledo City Council, would allow Louisville Title Agency for N.W. Ohio, Inc., a local title company, to […]

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Satelytics moving to Perrysburg, adding jobs

Satelytics moving to Perrysburg, adding jobs

An innovative satellite imagery company is expanding its business into Perrysburg. Satelytics, which was based on the University of Toledo campus, is now hiring for a new location at Levis Commons near the Funny Bone. The firm is adding 38 jobs and about $1 million in new annual payroll. CEO Sean Donegan said the company […]

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Toledo-Lucas County Port Authority gets grants for Shipyard

Toledo-Lucas County Port Authority gets grants for Shipyard

The Toledo-Lucas County Port Authority has received state grants that will pay for half of the costs for a new forklift at the Port of Toledo’s General Cargo Dock and for building a retaining wall and other work at the Toledo Shipyard. Of the Ohio Department of Transportation Maritime Assistance Program funds, $235,000 will go […]

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Franklin Park Mall to get new operator

Franklin Park Mall to get new operator

Toledo’s premier retail center, Franklin Park Mall, may be about to get a new operator. The previous mall owner-operator, Starwood Capital Group, of Chicago, was pushed out three months ago after one of its subsidiaries, Starwood West Limited, defaulted on $254 million worth of bonds used to buy Franklin Park and six other malls in […]

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TMACOG receives $23.6 million grant for Glass City Riverwalk

TMACOG receives $23.6 million grant for Glass City Riverwalk

A pair of Ohio congressmen announced Thursday the Toledo Metropolitan Area Council of Governments is receiving over $20 million to build a multiuse path along the Maumee River. The U.S. Department of Transportation is awarding $23.6 million to the group as part of the Better Utilizing Investment to Leverage Development grant program. The money will […]

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Can retail recover from virus? Experts say future is murky

Can retail recover from virus? Experts say future is murky

In 2019 there were 17 major retailers who filed for bankruptcy, including Forever 21, Barney’s of New York, Things Remembered, and Payless ShoeSource. With 2020 just over seven months old, there already have been 26 major retailers that have sought bankruptcy protection, including J.C. Penney, Lord & Taylor, Neiman Marcus, and this past Tuesday, Stein […]

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Local nonprofit seeks permit for construction of youth center with golf course

Local nonprofit seeks permit for construction of youth center with golf course

The First Tee of Lake Erie is seeking a special use permit to build a multi-million dollar youth leadership center on Hill Avenue. The center, which would be located at 4450 Hill Ave., would act as a headquarters for the city’s local First Tee, a nonprofit organization dedicated to introducing youth to golf, and a […]

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Lucas County Land Bank acquires historic Spitzer, Nicholas buildings downtown

Lucas County Land Bank acquires historic Spitzer, Nicholas buildings downtown

There is renewed hope the crumbling Spitzer Building in Toledo’s downtown may soon be restored to its once-majestic self. The Lucas County Land Bank’s board during a special meeting Tuesday voted to accept the deeds to both the Spitzer building and its neighboring Fifth Third Center and Port Lawrence buildings that sit on or near […]

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County seeks $10 million federal grant to renovate SeaGate Convention Centre

County seeks $10 million federal grant to renovate SeaGate Convention Centre

The Lucas County Commissioners took a small step Tuesday toward a much larger plan to make the downtown SeaGate Convention Centre more attractive by agreeing to submit an application for a $10 million federal grant. Should the county be approved for the Economic Development Administration grant, which would come under the Coronavirus Aid, Relief, and […]

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Local HVAC companies try to meet summer demand despite virus

Local HVAC companies try to meet summer demand despite virus

A combination of summer heat and coronavirus-related home comfortability concerns are driving demand for air conditioning services in the Toledo area. Toledo’s heating, ventilation, and air conditioning firms are facing high demand for service work on cooling units this summer, according to several area companies. While early coronavirus precautions limited business, now HVAC companies are […]

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Heidtman Steel Products invests $9.1 million in expansion, adds 65 jobs

Heidtman Steel Products invests $9.1 million in expansion, adds 65 jobs

Heidtman Steel Products, Inc., a Toledo-based processor of flat-rolled steel, is expanding its operations in Bedford Township and the city of Bedford Township to create a new steel tubing operation that is expected to create 65 jobs when finished. Heidtman, which has nine steel processing facilities in four Great Lakes states, is backing a new […]

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Hotel Seagate to be demolished; Park Inn Hotel rehab planned

Hotel Seagate to be demolished; Park Inn Hotel rehab planned

In a major shift in development plans for downtown Toledo, the crumbling skeleton of the 19-story Hotel Seagate on Summit Street that was to be renovated this year now will be torn down, and the nearby Park Inn Hotel will be renovated starting later this year with completion sometime in early 2022. The $64.5 million […]

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Southwyck, French Quarter are case studies in shifting industries

Southwyck, French Quarter are case studies in shifting industries

The retail landscape continues to shift in the U.S. and a pair of properties in northwest Ohio provide an interesting juxtaposition. After a decade of conjecture and stalled plans, the former Southwyck Mall site in Toledo is being transformed into an Amazon delivery station, which city officials consider a monumental victory. There is more positive […]

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New downtown marketing firm opens with focus on local businesses, branding

New downtown marketing firm opens with focus on local businesses, branding

The Glass City’s newest marketing firm wants to sell your local company branded merchandise and help it grow. Jim Walrod opened Front Door Marketing in January after a 14-year career at The Image Group where he developed his expertise in business-to-business marketing and branded merchandise. Front Door is a full-service promotional company with a personal […]

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ProMedica to build ER in Maumee

ProMedica to build ER in Maumee

ProMedica announced plans Thursday to build a freestanding emergency room in Maumee on Anthony Wayne Trail near the I-475 interchange, and in the virtual shadows of St. Luke’s Hospital. The new facility will be the second ProMedica Toledo Hospital ER in the region. A news release from ProMedica said the center will “support the growing […]

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Colony development proposal on track for city council approval

Colony development proposal on track for city council approval

Plans for a major development near ProMedica Toledo Hospital are on track for city council approval, despite the request of two councilmen and a dozen community members to delay Wednesday’s committee meeting on the project until it could be held in person. ProMedica and Columbus-based developer Frank Kass, who founded Continental Real Estate Co., intend to […]

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Glass City Metropark, International Park to be blended into one big downtown riverfront project

Glass City Metropark, International Park to be blended into one big downtown riverfront project

Several actions were approved on Earth Day by Metroparks Toledo board members to keep on track what the organization calls the single most ambitious project in the park district’s history. Perhaps none were more important than the formalization of a marriage between the future Glass City Metropark and International Park, the latter of which was […]

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Certain businesses faring well during pandemic

Certain businesses faring well during pandemic

Joe Sofo wasn’t sure what to expect from a business standpoint when the coronavirus pandemic hit hard over a month ago, but the results have been pleasantly surprising. Sofo Foods, which supplies ingredients to restaurants and fast food joints and operates a retail store on Monroe Street, is one of the local businesses faring well […]

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A first look at Amazon facility at old Southwyck Mall Location

A first look at Amazon facility at old Southwyck Mall Location

We are getting a first look at the renderings of the new Amazon facility that will be going in at the old Southwyck Mall location. The new development is expected to take up nearly 60 acres of space and will bring in 10 full time and 100 part-time jobs. The next planning meeting where it […]

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UT to request proposals for sale, lease, or other options for UTMC

UT to request proposals for sale, lease, or other options for UTMC

University of Toledo administrators will seek requests for proposals to purchase, lease, or manage the UT Medical Center, the university announced Monday. The UT Board of Trustees had announced in February that it was “considering all options” for the college’s medical center, the former Medical College of Ohio Hospital — including selling it — and cited steep financial […]

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Coronavirus not slowing down most development projects

Coronavirus not slowing down most development projects

At least one major economic development project in northwest Ohio is at a standstill due to the coronavirus outbreak, but for now, most developers and officials remain optimistic about the future. Construction workers are exempt from Gov. Mike DeWine’s stay-at-home order, but Cleveland-Cliffs announced last week that it is pausing work on a hot briquette […]

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Potential suitors eyeing Speedway

Potential suitors eyeing Speedway

Marathon Petroleum Corp.’s Speedway gas-station division has drawn interest from potential buyers including the owner of convenience-store chain 7-Eleven as well as TDR Capital, people familiar with the matter said. Seven & i Holdings Co., the Japanese company that controls 7-Eleven, is working with advisers as it considers a takeover of Speedway, according to the […]

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Georgio’s Cafe plans to add Sylvania location

Georgio’s Cafe plans to add Sylvania location

Georgio’s Cafe International, a popular downtown restaurant serving Mediterranean cuisine for more than three decades, plans to add a second location next month in Sylvania. The new Georgio’s Grill will hit the ground running by taking over the site of another restaurant now in the process of closing — the 5th Street Pub, at 5577 […]

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ProMedica puts Coldwater Regional Hospital up for sale

ProMedica puts Coldwater Regional Hospital up for sale

ProMedica healthcare system said Tuesday that it has initiated steps to sell its Coldwater Regional Hospital in Coldwater, Mich., one of its 13 hospitals owned or managed by the Toledo-based not-for-profit entity. Located 100 miles northwest of Toledo, Coldwater Regional is an 87-bed acute care hospital that ProMedica has operated since February, 2016. The Toledo […]

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Redevelopment coming to former Elder-Beerman, Sisters of Notre Dame properties

Redevelopment coming to former Elder-Beerman, Sisters of Notre Dame properties

New businesses are being proposed at currently vacant sites along Secor Road. The largest proposed development would come to the former Elder-Beerman department store location at 3301 Secor Road, which closed in July, 2018, after parent firm Bon-Ton Stores went bankrupt. The closure left a 154,000-square-foot, two-story building empty. According to Toledo Plan Commission documents, […]

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Women entrepreneurs and business owners on the rise in Ohio

Women entrepreneurs and business owners on the rise in Ohio

As a little girl, Stephanie Johnston dreamed about owning her own business, but after spending nearly 18 years in the corporate world, including nearly eight years at Owens-Illinois, it seemed as though her career track was becoming defined by Wall Street. “Don’t get me wrong, I’m a huge fan of my time at O-I. But […]

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Three years after layoffs, First Solar producing like never before

Three years after layoffs, First Solar producing like never before

Three years ago, the mood around the First Solar Inc. complex in Perrysburg Township was glum. The Tempe, Ariz.-based solar panel manufacturer announced the permanent layoff of about 450 employees as it phased out its older panels to make room for its new, larger Series 6 thin-film panels. The Series 6 went into production in mid-2018, and […]

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UT moves forward with plan to sell its Scott Park campus

UT moves forward with plan to sell its Scott Park campus

The University of Toledo Board of Trustees is progressing with plans to sell Scott Park campus and recently approved a resolution to begin the process of securing state approval. The university will need permission from the General Assembly to transfer the property. State agencies typically need such approval because property is owned by the state […]

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Get ready! Construction is about to begin on new Glass City Metropark

Get ready! Construction is about to begin on new Glass City Metropark

Drive along Main Street in East Toledo where the old Toledo Sports Arena used to stand and you can see the construction happening now on Marina District land that had frustrated Toledoans for remaining vacant so long. That’s the $45 million, 360-unit cluster of apartments and townhouses Columbus developer Frank Kass is building near the […]

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Officials promise change is coming for Fort Industry Square, Hotel SeaGate

Officials promise change is coming for Fort Industry Square, Hotel SeaGate

Each day at Balance Pan-Asian Grille’s downtown eatery customers who look out the restaurant’s west-facing windows can count on a dismal view of the corner of North Summit Street and Jefferson Avenue. Staring back at them is the half-demolished,19-story skeleton of the former Hotel Seagate, its street-level deconstruction hidden by a perimeter construction fence but […]

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11 Toledo area firms among Inc. magazine’s list of fastest growing companies

11 Toledo area firms among Inc. magazine’s list of fastest growing companies

Eleven companies in northwest Ohio have been named to Inc. magazine’s list of the 5,000 fastest-growing private companies in America. The new list, which was released Wednesday, includes eight firms that are on the list for the first time, along with one Toledo firm that is making its appearance on the Inc. 5000 for the […]

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It’s official: Amazon is coming to Rossford

It’s official: Amazon is coming to Rossford

The tenant has finally been revealed for a major economic development project in Rossford, and it’s not a surprise. Amazon.com announced Monday morning that it is building a fulfillment center on 100 acres in The Crossroads, just east of I-75 and north of U.S. 20/23. A second center will be location in Akron. City and company […]

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Buyer in the wings for Monclova Township site resembles Temperance firm

Buyer in the wings for Monclova Township site resembles Temperance firm

The city of Toledo is close to a deal to sell 50 acres in Monclova Township to a mystery company from Michigan that would use the land for a corporate headquarters, manufacturing facility, and distribution warehouse. The company would be relocating 150 employees and could add another 50 within two years of completing the facility […]

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After 20 years, Paula Brown Shop on Monroe Street is closing

After 20 years, Paula Brown Shop on Monroe Street is closing

The Paula Brown Shop, a Toledo retailer that has been offering customers fine and unusual gifts for 20 years in downtown Toledo, is calling it quits. The store’s owners, Paula and Peter Brown, of Perrysburg, said they have decided to ease into retirement by closing their business. The couple plans to relax, enjoy visiting with […]

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Toledo job market strong for local grads

Toledo job market strong for local grads

This spring, about 4,300 students in the Toledo area donned caps and gowns in order to receive the fruits of four years of study: a college bachelor’s degree. And while some may be forced to leave town to find employment, the bulk of the 2019 class of college graduates should find lots of opportunity in […]

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Fort Industry Square rehabilitation gets $5 million tax credit

Fort Industry Square rehabilitation gets $5 million tax credit

The Ohio Development Services Agency awarded a $5 million tax credit for the rehabilitation of Fort Industry Square on Summit Street. The credit is part of more than $28 million in tax credits the agency awarded for the rehabilitation of 49 historic buildings across the state, according to a release from the agency on Wednesday. […]

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City considers new plan for former Southwyck Shopping Center site

City considers new plan for former Southwyck Shopping Center site

After five years of trying, the city of Toledo has given up on the idea that the former Southwyck Shopping Center site on Reynolds Road might one day return to being a retail mecca. The Toledo Plan Commission on Thursday will consider a request by the city to change the zoning of the 58.5 acre site — […]

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Whole Foods sign goes up over Secor Road building

Whole Foods sign goes up over Secor Road building

It has a lease, and now Whole Foods has a sign adorning the 30,000-square-foot anchor building in the Secor Square shopping plaza at 3436 Secor Rd. Workers attached a “Whole Foods Market” sign on Tuesday to the building, suggesting an opening for the long-awaited store might occur in the next month or two. The company — a […]

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Port Authority approves bonds for warehouse near Toledo Express Airport

Port Authority approves bonds for warehouse near Toledo Express Airport

Financing for an 80,000-square-foot warehouse at the budding Express Industrial Park was approved Thursday morning by the Toledo-Lucas County Port Authority’s board of directors. The $5 million in taxable bonds from the Northwest Ohio Bond Fund will be personally guaranteed by Ed Harmon, the developer with whom the port authority has worked on both of […]

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Health care company eyes former Sisters of Notre Dame property

Health care company eyes former Sisters of Notre Dame property

One of the nation’s largest providers of post-acute health care services wants to build a 40-bed rehabilitation hospital on Monroe Street at Secor Road on the former Sisters of Notre Dame property where Kroger once planned to build a new store. Encompass Health Corp. of Birmingham, Ala., plans to spend $27 million to construct the […]

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GM says more investment, jobs, coming to Toledo Transmission plant

GM says more investment, jobs, coming to Toledo Transmission plant

General Motors’ plans to sell its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks also include investing big bucks in several other Ohio cities, including Toledo. President Trump announced the deal with a company named Workhorse on Twitter on Wednesday morning. He also wrote that GM plans to spend $700 million at three locations […]

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Toledo Zoo buys land along Anthony Wayne Trail

Toledo Zoo buys land along Anthony Wayne Trail

The Toledo Zoo has purchased a portion of the once heavily contaminated former Jennison Wright property along the Anthony Wayne Trail. The 8.95-acre parcel, previously owned by Ron Gorney as trustee, is part of the larger South Toledo site where the company once processed coal to produce asphalt pavement sealer — the product known locally […]

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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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SIGNATURE ASSOCIATES HOSTS COMPANY-WIDE VOLUNTEER EVENT AT GLEANERS COMMUNITY FOOD BANK

SOUTHFIELD, MICHIGAN—April 24, 2017— Signature Associates company-wide volunteer effort with 81 Signature professionals from our eight regional offices along with their friends and families gathered at Gleaners Community Food Bank on April 21, in downtown Detroit. Signature Team Cares worked together to touch over 24,000 Southeastern Michigan residents by redistributing and packing food along with […]

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