The Press Newspaper
Works of prominent Latino printmaker on display at TMA
What better place to display artwork by an artist whose last name is Toledo than
at the Toledo Museum of Art?
Candidates vying to be Ohio’s next governor have found an issue they can agree on.
An article in the March 1 Metro edition of The Press incorrectly stated that Dr. Leah Dorman, a former veterinarian with the Ohio Department of Agriculture, was an appointee to the Ohio Livestock Care Standards Board.
She hasn’t been appointed to the board. She will discuss State Issue 2, which established the board, at the Ottawa County Agriculture Community Breakfast on March 26 in Oak Harbor.
After 35 years and millions of investment, River East Economic Revitalization Corporation has closed its doors.
The East Toledo-based Community Development Corporation assisted and educated the local business community, created and maintained jobs, operated a business incubator, and redeveloped existing buildings and vacant land, in particular, brownfield sites.
A recent real estate assessment on the Lucas County website had 53 properties listed as being owned by River East Corporation, but former board members say those properties have been sold or have been negotiated for sale and are awaiting closing.
“Fifty-three properties is a lot — that basically has been whittled down to nothing,” said Neil MacKinnon, an east side businessman who served over 10 years on the board. “We didn’t file for bankruptcy and we worked out agreements with the creditors and everybody has been very creative working with us.”
River East is best known for The Docks in International Park, the renovation of the historic Weber Block at Main and Front, Starboardside Condominiums, and its role in nurturing the proposed Marina District.
At least two of the three owners who partnered to purchase the Weber Block wish to continue renovating the building.
Businessman Bill Lorenzen and his son Justin Lorenzen are two of three partners who purchased the historic building from the River East Economic Revitalization Corporation, which closed and liquidated its assets.
Justin lived in East Toledo until he was 10 years old, and understands the historic importance of the Weber Block. His family later moved to Oregon, and Justin lives in downtown Toledo now.
The partnership is in business to develop and sell commercial estate, including shopping centers, heavy industrial buildings, and warehouses.
“(The Weber Block) doesn’t really pull a profit right now, but as a kid walking through there and stuff like it is a little bit of nostalgia for us,” Justin Lorenzen said.
“We’re looking forward to remodeling it and bringing it up to speed, and in the next year or so we hope to have it fully occupied or as much as we can. We’re going to have all new windows, probably all new furnaces, and to do that is not going to be cheap.
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