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Article: Developer, Mayor Stall over Toledo, Ohio, Marina District Deal.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- May 27, 2004
CopyrightCOPYRIGHT 2004 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Tom Troy, The Blade, Toledo, Ohio Knight Ridder/Tribune Business News
May 27--The city and its Marina District developer are at an impasse and may have to part ways, Toledo Mayor Jack Ford said yesterday.
The feeling seems to be mutual.
Developer Bruce Douglas said he notified Mayor Ford on Friday that the team had lost confidence in the city's willingness to negotiate a deal.
At issue is the proposed development of a 125-acre parcel along the Maumee River in East Toledo into a regional destination project with a marina, new retail and entertainment venues, market-rate housing, and a new sports and concert arena to replace the ...