Thursday, April 24 2014 3:47 PM EDT2014-04-24 19:47:30 GMT
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Toledo is for sale and investors are buying.
Willis Day building has been sold, as well as the Easy Street Café, just across
the street. The former café will be turned into townhomes. These are just a
couple of the buildings in the Warehouse District set to be revitalized.
that sells and has a new investment is good for downtown Toledo," said Kathy
Steingraber, a developer. "It shows that there's a lot of encouragement, there's
a lot of potential for re-development, there are people willing to invest their
own dollars. It's a very good sign."
buildings have sold very recently, but Steingraber says development takes time.
had confidence, and the Warehouse District Association and myself stayed very
focused amidst a lot of criticism," she said. "We had a dream and we were going
to work on it and we did make it work."
are still building left sitting empty, but Steingraber believes the recent
purchases could spur even further development.
moving ahead. Every day something new is happening," she said. "It should build
the confidence of everyone, particularly those who have already invested lots
and lots of time and money."
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730 North Summit Street
Toledo, OH 43604