TOLEDO, OH (Toledo News Now) -
A
Lansing-based developer is planning to acquire the historic Berdan Building and
convert the former warehouse into 115 apartment units. It's raising hopes for
additional investment in Toledo's Warehouse District and across Downtown
Toledo.
"That's
going to be a very positive development," said John Orr, owner of the Bronze
Boar tavern. "I'm eager to see something happen there."
Orr
has operated his business next door to the vacant building for the past 14
years.
"115
more people living down here, at least, it's going to be great," he said.
Toledo
Deputy Mayor Paul Syring heads up the city's economic development staff, and
said the project would be a big boost for efforts to attract a grocery store, a
pharmacy and other businesses to that area.
"Market
rate residential housing, that's critical to have market rate residential and
the disposable income those residents bring to the area," Syring said. "The
Warehouse District is arguably the most thriving neighborhood in the city right
now."
Syring
also believes a renovated and occupied Berdan Building would help to make the
Erie Street Market a more marketable property for the city.
"It
can only assist and help someone to come into the Erie Street Market and make
it viable again."
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The Berdan Building may be undergoing changes soon.
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