Site Selection Magazine has named Toledo number one for new business investment for metropolitan areas with populations between 200,000 and one million. There are approximately $2.2 billion worth of projects currently underway or recently completed that are expected to create nearly 3,5oo new permanent jobs and 1,079 new residential units.
News & Events
Development Momentum Continues in Downtown Toledo
It’s been a big week for development news in downtown. As we continue to invest in our downtown, more opportunities arise to partner with our community. We could not be happier to a part of the development news.
Downtown Toledo Historic District
ConnecToledo Downtown Development Corporation is leading the work on creating a historic district in cooperation with the State Historic Preservation Office (SHPO). If you are a property owner within the boundaries of this proposed district, you are invited to participate in a Zoom call. An overview will be given and there will be time for Q&A.
2020 Downtown Toledo Annual Meeting
Our partner, The Downtown Toledo Improvement District (DTID), held their Annual Meeting on Wednesday, November 18, 2020 and gave an update on past, current and future progress. Even during a challenging 2020 for the Toledo region, downtown has seen successes and is building for future growth.
Summit Street Reconstruction
Summit Street looks a little different these days. The mass construction is due to the replacement of the water main. The construction began in May 2020 and has an estimated completion date of July 2021. The completed Summit Street will also have lots of aesthetic enhancements.
Summit Street to receive $10.5 million renovation
Toledo City Council approved the $10.5M renovation of Summit Street today at their meeting. Improvements will be made from Lafayette Street to Jackson Street including replacement of a 150-year-old waterline. Pedestrians will soon experience new lighting, improved crosswalks, additional benches, and plantings. A new art installation by the Arts Commission will be installed in a park-like setting located between Adams and Madison. Motorists will appreciate more on-street parking spaces, making it easier to access dining and retail spaces.
Everything you need to know about business re-openings after COVID-19
On behalf of the Governor’s office, Lucas County Emergency Operation Center in coordination with the Toledo-Lucas County Health Department and the Toledo Regional Chamber of Commerce, we are providing a resource for information relating to the reopening of businesses.
Developments: Pythian Castle
The Pythian Castle is perhaps downtown Toledo’s most unique story and structure. Built to serve as a meeting spot for the mysterious Knights of Pythias, its distinct form first cut into the city skyline in 1890. But after a 1978 fire rendered the interior uninhabitable, this fantastic façade spent four decades waiting to rise again.
Developments: Gateway At Lower Town
As its oldest neighborhood and part of the original settlement that would become the City of Toledo, Vistula is the first word in the opening sentence of the story of Toledo. Now, thanks to a multi-million-dollar development, the city’s most challenged neighborhood is getting a facelift for the ages and setting the entire area up for a resurgence.
Developments: Wonderbread Building
Soon, a building that once filled the Vistula neighborhood with the smell of fresh baked bread will offer something even sweeter––scenic views of the Maumee River from 25 open-concept loft apartments and 4 commercial spaces. Operated by Continental Baking until the 1970s, and a photocopying company until 2000, residents will be able to call the 93-year-old Wonderbread Building home in 2021.