ProMedica's move into downtown Toledo is expected to spur additional development

Although the move is not expected to create many new jobs directly, the consolidation of the 700 employees of ProMedica into downtown Toledo is being touted as a catalyst for future development for the city, The Blade reports. The hospital operator bought and renovated the vacant former Toledo Edison Steam Plant, and now the Toledo-Lucas County Port Authority and the State of Ohio are working with the city to develop incentives for the project. The entities are currently considering providing financial assistance for the construction of "an underground garage at Promenade Park on the former Federal Building site," as well as a possible partnership with the Young Men's Christian Association (YMCA) and the Jewish Community Center (JCC) "to build a public downtown fitness center as part of the campus on the ground level of the KeyBank building," the article said. For more, read the full story.

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