Groundbreaking held for Secor development project - Toledo News Now, Breaking News, Weather, Sports, Toledo

Groundbreaking held for Secor development project

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TOLEDO, OH (Toledo News Now) -

The former Showcase Cinemas complex has been torn down in west Toledo, and going in its place are two hotels, a couple of restaurants and some new retail space.

Groundbreaking was held Tuesday for the $25 million Secor Village development project. Mayor Bell and three council members joined Key Hotel and Property Management to break ground, marking the start of construction on a Hampton Inn and Suites, expected to open in July of 2014.

Later this year, work is also scheduled to begin on a Holiday Inn Express, to open in December, 2014.

Local developer Steve Roumaya says he's pleased the city is extending Executive Parkway just east of Secor Road to provide better access to the property. He says the need is out there to serve corporate clients.

"The need for these hotels, we're building in the high-end corporate hotel, which is the [University of Toledo], Toledo Hospital requiring a newer hotel," Roumaya said. "We worked with them, we met with them."

When completed, the two hotels are expected to hire roughly 100 people. Roumaya says deals are in the works to bring two restaurants and some retailers to the site.

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