There’s a new business in the neighborhood! Northwestern Mutual is the first tenant to move into Fort Industry Square. This move welcomes 25 financial representatives and advisors, 25 support staff members and 30 local interns to downtown Toledo.
Downtown Development Spotlight: Library Square by Crane Development
Located on Madison Avenue between Michigan Avenue and 10th Street, the Library Square development will soon add six residential units and four corporate, long-term stay studio apartments to downtown’s core. Library Square, across the street from the Main Library branch, consists of four parcels with commercial spaces on the first-floor level. Units are now available for lease as the project is expected to be complete by the end of March.
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.
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.
Developments: Fort Industry Square
On the National Register of Historic Places, Fort Industry Square is Toledo’s most direct tie to our city’s history. During the Revolutionary War, this stretch of Summit St. was believed be part of a fortification against the British. The current structure has been in place over 125 years, and its 144,000 square-footprint is under development by Karp and Associates Inc.
Developments: Imagination Station KeyBank Discovery Theatre
The Imagination Station has long been Toledo’s interactive, hands-on headquarters where teaching happens in an informal, fun environment. To ensure that science never goes out of style, the new Imagination Station KeyBank Discovery Theatre’s 58-foot screen and 280 seats bring state-of-the-art cinema to downtown Toledo, and a more engaging STEM experience to students from all over.
Developments: SeaGate Convention Centre
Lucas County Commissioners have committed to renovating the SeaGate Convention Centre. Located between the Central Business District and the booming Warehouse District, the center will experience a significant renovation of the interior, add a 10,000 square foot ballroom and include greenspace. After its completion, industry experts predict that the convention center could attract more than $45M in revenue annually.