(Toledo, OH) The Toledo plan commission will be asked to back an urban renewal plan for the Seagate Convention Center.
Approval of the so-called Seagate Block Urban Renewal Plan would given a on-block area around the convention center a "blighted" designation to allow for the use of different funding sources for planned renovations in an area bounded by Jefferson, Summit, Monroe, and Superior streets.
A survey conducted this spring found seven of eight properties can be considered blighted with limits for redevelopment-- due to age and lack of repairs.The main part of the urban renewal plan focuses on renovations and upgrades to the Seagate Convention Centre and the restoration of the former Seagate Hotel. The study identified a need for more downtown hotel rooms in order to pursue and attract bigger events to the convention center.
Those renovations could cost as much as $4 million by early estimates.