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Vibrancy Initiative aims to spur millions in investment in Toledo

Posted By: Toledo Blade on May 29, 2024.  For more information, please click here to read the source article. Toledo hopes to turn nearly $1 million in grants into more than $21 million in private-sector investment across the city. Mayor Wade Kapszukiewicz and Brandon Sehlhorst, director of economic development, announced at a news conference on Wednesday the selection […]

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Developers pour new energy into Vistula District

Posted By: Toledo Blade on November 12 2023.  For more information, please click here to read the source article.   A new food market slated to open on North Summit Street is the capstone to recent development in the Vistula District. Amid a soft opening of Golden Hind Wine Bar and Pastries, and a third mural completed in […]

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Landmark real estate deal reaches conclusion

Posted By: The Blade on October 14, 2023.  For more information, please click here to read the source article. Decades after the city of Toledo tried to attract investment for a new Jeep plant by buying parcels of land south of the Ohio Turnpike to Fallen Timbers, the property has been developed, rezoned, and sold to invested businesses. […]

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Multi-million dollar investment in Vistula Historic District

Posted By: 13 Action News | WTVG on October 5, 2023.  For more information, please click here to read the source article. Major progress is being made on a multi-million dollar investment in Toledo’s Vistula neighborhood. The $17 million Ostrich Towne Project is helping change the landscape of the Vistula Historic District. The oldest neighborhood in the city […]

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Economic Development District designation proposed for Toledo region

Posted By: Toledo Blade on September 15, 2023.  For more information, please click here to read the source article. Wood, Lucas, and Ottawa counties are being asked to join forces with the Toledo Metropolitan Area Council of Governments to pursue federal grants for shared economic development projects. At Thursday’s Wood County Commissioners meeting, TMACOG President Sandy Spang made […]

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Toledo tech hub win would bring 9,000 jobs, $4 billion impact

Posted By: The Blade on August 20, 2023.  For more information, please click here to read the source article. Toledo and northwest Ohio can generate 9,000 jobs and $4 billion in economic impact if designated a federal innovative hub by the U.S. Economic Development Administration, a consortium of local industry and civic leaders said in a grant application. Moreover, […]

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Port of Toledo drives 7,971 jobs, $906 million in annual economic impact

Posted By: The Toledo Blade on August 10, 2023.  For more information, please click here to read the source article. Freight in and out of the busy Port of Toledo means 7,971 direct and indirect jobs to the region and $906.2 million in annual economic impact, a new maritime shipping study shows. Those numbers are up substantially from […]

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Packaging equipment maker plans $2.4 million Sylvania expansion

Posted By: The Toledo Blade on July 19, 2023.  For more information, please click here to read the source article. Innovative Handling, an automation and materials-handling equipment maker, is planning a $2.4 million addition to its production complex and engineering offices in Sylvania. The company has received a 75 percent, 10-year tax abatement on the assessed value of […]

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Ohio awards $2.7M in historic tax credits to three Toledo revitalization projects

Posted By: Toledo Blade on June 29, 2023.  For more information, please click here to read the source article. More than $2.7 million in Ohio historic tax credits will help revitalize three buildings in the downtown Toledo area, state officials announced Thursday. The largest local tax credit award, worth $1.35 million, will help rehabilitate the remaining bays and […]

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Toledo delays action to fund proposed shopping plaza renovation project

Posted By: Toledo Blade on July 2, 2023.  For more information, please click here to read the source article. Toledo postponed acting on a request that would help to fund a $5 million capital improvement project being proposed for the tired and largely vacant Swayne Field Plaza. Toledo City Council was asked to approve a request to underwrite […]

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What’s the future of the Jefferson Center and UpTown after Bitwise’s collapse?

Posted By: Toledo Blade on June 11, 2023.  For more information, please click here to read the source article. Almost two weeks after Bitwise laid off its entire work force, including about 15 employees in Toledo, it remains unclear what will become of its historic UpTown building, which recently underwent a $38 million overhaul. ProMedica, which had partnered with the Fresno, Calif.-based […]

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Taylor purchases former Dana credit campus, 2 other properties

Posted By: Toledo Blade on June 8, 2023.  For more information, please click here to read the source article. Taylor Automotive Family on Thursday announced the purchase of three properties in the Toledo area, including the former world headquarters of Dana Commercial Credit and ProMedica at 1801 Richards Rd. in Toledo. The Richards Road campus totals more than […]

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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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New commercial development site proposed near the Dorr Street/I-475 Interchange

Posted By: Toledo Blade on May 22, 2023.  For more information, please click here to read the source article. With Dorr Street ripe for commercial development thanks to the new I-475 interchange, a new retail site proposal moving through the approval process looks to capitalize on increased traffic along that corridor. The proposed development, Dorr Street Station, is […]

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Toledo leaders eye millions in innovation hub funds

Posted By: The Toledo Blade on April 18, 2023.  For more information, please click here to read the source article. Toledo business leaders want an innovation-hub designation and, with it, potentially tens of millions of dollars in grants that will help the region add technical and white-collar jobs to the strong growth of blue-collar jobs attracted over the […]

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CoStar Impact Awards – 2023 SALE/ACQUISITION OF THE YEAR

COSTAR IMPACT AWARDS – 2023 SALE/ACQUISITION OF THE YEAR REIT’s Warehouse Acquisition Taps Demand for Industrial Space in Northwest Ohio About the Project: One Liberty Properties, Inc., bought the 251,500-square-foot, two-building warehouse 6305 and 6507 Fairfield Drive in Northwood, Ohio, in a deal that closed on Nov. 15, 2022. What the Judges Said: “Broker stuck with the property/client […]

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Crews begin demolition of central Toledo’s former Baron Drawn Steel plant

Posted By: The Toledo Blade on April 5, 2023.  For more information, please click here to read the source article. Workers are tearing down the former Baron Drawn Steel plant in central Toledo this week. The facility opened in 1964 and shuttered about 20 years ago, laying off the 85 remaining employees. Since then the plant’s contaminated structures […]

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Developers team up in Westgate to bring apartments to Sears, Elder-Beerman sites

Posted By: The Toledo Blade on February 28, 2023.  For more information, please click here to read the source article.   The two out-of-state developers that separately own the old Sears and Elder-Beerman sites in Westgate are joining forces to build apartments and retail on the side-by-side parcels. Plans are still in the design phase, said Liz Holland, […]

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Michigan developer plans to build 192 apartments near Toledo’s Inverness Club

Posted By: The Toledo Blade on February 28, 2023.  For more information, please click here to read the source article.   A Michigan developer plans to break ground in the coming weeks on a 192-unit apartment complex off Dorr Street near the Inverness Club in Toledo. The approximately $15 million Brailey Apartments project will include six three-story buildings […]

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Peloton Still Seeking a Buyer for Its $400 Million Factory in Ohio

Posted By: CoStar on February 1, 2023.  For more information, please click here to read the source article. Exercise equipment provider Peloton Interactive is still hunting for a buyer for the 1.2 million-square-foot factory that it built in Ohio, but never used, as the industrial market faces headwinds. The New York-based company, which has been trying to bounce […]

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Proposed Southland apartments wait for funding

Posted By: The Toledo Blade on February 13, 2023.  For more information, please click here to read the source article. A South Toledo apartment project that drew scrutiny last year from neighbors and prompted public debate over the definition of affordable housing is still moving forward, officials behind the proposal said Monday. Developers are working to secure funding […]

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Demolition starts March 1 on vacant Elder-Beerman store

Posted By: The Toledo Blade on January 24, 2023.  For more information, please click here to read the source article. Demolition of the former Elder-Beerman department store in Toledo is set to begin March 1 and be completed by June at the latest, said the project manager of the demolition contractor. The vacant Elder-Beerman store is located at […]

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SIGNATURE TOLEDO ADOPTS THREE FAMILIES THIS HOLIDAY SEASON

December 20, 2022 – Our Toledo office elves wrapped up this holiday season spreading some holiday cheer for three very special families! They helped out Neighborhood Properties and The Historic South Initiative.  We hope that everyone had a holiday to remember!

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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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Excise tax moves Holiday Inn plan forward in Sylvania Township

Posted By: The Toledo Blade on November 7, 2022.  For more information, please click here to read the source article.   Sylvania Township Trustees are set to take a big step toward the construction of a long-planned hotel near I-475 and West Central Avenue. At its meeting Nov. 15, the board is scheduled to vote on a planned […]

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Amphitheater developer looks to awaited final vote

Posted By: The Toledo Blade on November 14, 2022.  For more information, please click here to read the source article.   Weeks out from a vote on the proposed Waterville amphitheater project, developer Hunter Brucks is resolved to see the project through until the end. City council’s last meeting on Oct. 26 saw a quasi-judicial hearing in which […]

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TPS could soon close deals to offload two former school sites

Posted By: The Blade on October 23, 2022.  For more information, please click here to read the source article.   Long before the board approved formal negotiations in August, Toledo Public Schools administrators had been negotiating to sell two former school properties, emails obtained by The Blade show. Email records from the district show Goodwill Industries and Connecting […]

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Sprawling building gets new life as a plant to retread tires

Posted By: The Blade on October 18, 2022.  For more information, please click here to read the source article.   They call him “Coach.” Jim Jones, co-founder of a 19-year-old business called JAM Fleet Service, prefers that title and not because he once coached Sylvania Northview High School’s varsity wrestling team. He’s an unconventional owner of an unconventional business […]

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Goodwill Industries, Connecting Kids to Meals consider purchase of 2 former Toledo school sites

Posted By: Toledo Blade on October 3, 2022.  For more information, please click here to read the source article.   Toledo Public Schools officials revealed that Goodwill Industries and Connecting Kids to Meals are the two organizations interested in purchasing the district’s former Ryder Elementary and Whitney High schools, respectively. In August, school board members adopted two resolutions authorizing […]

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Logistics hub set to blossom on former mall site

Posted By: The Toledo Blade on September 9, 2022.  For more information, please click here to read the source article.   The site of the former North Towne Square in Toledo will have new life as a distribution and manufacturing hub. NorthPoint Development is planning three giant logistic and manufacturing warehouses on the 58-acre site near I-75 and […]

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Here’s what to know about seven downtown Toledo redevelopment projects

Posted By: The Toledo Blade on September 7, 2022.  For more information, please click here to read the source article.   Toledo leaders say they hope redeveloping two of downtown’s largest and oldest buildings, the Spitzer and Nicholas, will spur additional investment in the area. Much of downtown could use such a jolt: Despite the revitalization of the […]

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Low attendance prompting church closures, sale of buildings

Posted By: The Toledo Blade on August 28, 2022.  For more information, please click here to read the source article. Rob Keleghan of Signature Associates’ Toledo brokerage team is handling the sale and marketing of the properties.   Two former United Methodist church buildings in the greater Toledo area are currently on the market, and a third in […]

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Toledo Region Ranked #5 Manufacturing Hub In U.S.

Posted By: RGP Northwest Ohio on August, 2022.  For more information, please click here to read the source article.   Recognizing the historical strength of the Toledo metropolitan workforce and its advancement with new technologies, Business Facilities magazine has ranked the local MSA as the No. 5 Manufacturing Hub in the United States. The Toledo region’s ranking in […]

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Investors looking to revitalize Toledo’s oldest neighborhood

Posted By: WTOL11 on July 28, 2022.  For more information, please click here to read the source article.   Signature Associates’ Rob Keleghan is proud to be a part of this amazing project.   A short trip north on Summit Street from downtown will lead right to the historic Vistula neighborhood.  It’s one of the oldest neighborhoods […]

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Keller Logistics Constructing Two Spec Buildings in Northwest Ohio

Posted By: RGP Northwest Ohio.  For more information, please click here to read the source article. A leading third-party logistics provider is taking aggressive steps to attract new business to Northwest Ohio. Keller Logistics has confirmed plans to construct two spec buildings in neighboring counties, with visions of drawing heavy job-creating opportunities tied to advanced manufacturing. Keller Logistics […]

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Two of Toledo’s original ‘skyscrapers’ are finally ready for redevelopment

Posted By: The Toledo Blade on July 18, 2022.  For more information, please click here to read the source article. Toledo officials this week will formally start hunting for developers who want to transform the Spitzer and Nicholas buildings — two of downtown’s oldest and largest structures — into apartments, shops, or other uses. The Lucas County Land […]

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‘A giant tombstone:’ Rosemary Apartments to be demolished

Posted By: The Toledo Blade on July 26, 2022.  For more information, please click here to read the source article.   The abandoned Rosemary Apartments, the site of a tragic teen death in 2016, will be demolished, the Lucas County Land Bank announced Tuesday. The announcement was made on what would have been the 23rd birthday of Joshua […]

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East Toledo’s Masonic Temple, vacant for decades, will soon be senior apartments

Posted By: The Toledo Blade on July 2, 2022.  For more information, please click here to read the source article. It’s the second big project by ARK, which also turned the old Wonder Bread bakery into housing East Toledo’s former Masonic Temple has sat vacant for at least two decades, a fact that would be easy to guess […]

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New businesses restore tired, commercial strip near University of Toledo

After falling into vacancy and abandonment, a small commercial plaza on Bancroft Street near the University of Toledo is being revived thanks to three businesses breathing new life into it. Jo Jo’s Pizza, Sunrise Skillet, and Arnie’s Toledo are committed to making a go of it in the plaza located in the 2600 block of […]

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Effort to revive Lorraine Hotel takes another step forward

The vacant Lorraine Hotel cleared the first hurdle in its quest for revival on Thursday when the Toledo City Plan Commission unanimously approved a zoning change that will allow the prospective developers to move forward with the project. The project is being represented by Everett Gransberry and Monika Moss-Gransberry through Walnut Ventures LLC out of […]

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Vacant Sears store at Westgate to be demolished; area to be redeveloped

The owners of the Westgate Village Shopping Center plan to purchase the vacant Sears building and redevelop the property, the company’s CEO told The Blade. Liz Holland, the CEO of Chicago-based Abbell Credit Corp., which owns the Westgate plaza, said the vacant building will be razed and the company will evaluate various redevelopment proposals for […]

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Toledo looks to expand downtown community entertainment districts

The number of community entertainment districts in the downtown area could grow substantially if a new proposal is approved by Toledo City Council. Community entertainment districts are designated areas consisting of a combination of entertainment, retail, social, or cultural businesses with access to additional liquor licensing. The Regional Growth, Development and Small Business Enterprise Committee […]

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Former Days Inn property sold to Canadian investment firm

A problematic property in East Toledo is ready to turn over a new leaf. The five-acre lot containing the former Days Inn at 1800 Miami St. near I-75 and the Hollywood Casino, was sold in an online auction ending Thursday for $1,184,500. RM International Group, an investment company based in Canada, placed the winning bid, […]

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