Toledo City Council to vote on incentives for redevelopment of former Elder Beerman site

​By Tim Schneider, Toledo Regional Chamber of Commerce

At its regular meeting at 4:00 p.m. on Tuesday, February 25, Toledo City Council is expected to vote on Ordinance 39-20 which would approve an enterprise zone agreement with Niki Toledo for construction of two retail buildings at the former site of Elder Beerman at 3311 Secor Road. The agreement includes a 50 percent property tax exemption for 15 years of assessed valuation prior to remediation of the site, and a 100 percent exemption for the same period on the increase in valuation following remediation. Bob’s Discount Furniture and TJ Maxx are retailers planned for the new buildings. The project would involve total estimated investment of $12,746,560 and the creation of 23 new full-time and 40 part-time positions.

Council is also expected to vote on the following items:

• Resolution 65-20 which would urge the U.S. Congress to address climate change by promoting a reduction of greenhouse gas emissions from fossil fuels by exploring a “carbon fee and dividend” structure. This policy involves imposing a carbon tax on the sale of fossil fuels and distributing the revenue of the tax among various populations.
• Ordinance 79-20 which would approve MVAH Partners’ application for a zone change to Multi-Dwelling Residential for a 2.6 acre site at 3837 Secor Road for a four story senior independent living facility. The site is the former location of the Sisters of Notre Dame Provincial Center.
• Two measures recently approved at public meetings before the Toledo Plan Commission and City Council’s Zoning & Planning Committee:

1. ​Ordinance 84-20 which would update the standards on building materials, signage, lighting and surface lots within the Warehouse District neighborhood overlay. The proposal would not include any changes to the zoning of property located in the Warehouse District. The standards were developed with the assistance of the Toledo Warehouse District Association.
2. ​Ordinance 85-20 which would update building materials and colors permitted for multi-family, commercial, mixed-use, institutional, and large-scale retail developments citywide. The changes are aimed at providing regulations where there is an absence in the current building code.  

​All Council meetings are held in Council Chambers on the first floor of One Government Center located on Jackson Boulevard in downtown Toledo.

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​​​Tim Schneider
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​As Manager for Local Government Advocacy, Tim Schneider advocates for local policies and laws that safeguard and foster a pro-business environment in the Toledo Region. Tim has more than 10 years of legislative and public policy experience with the local, state and federal levels of government