TOLEDO INNOVATION CENTER
““This project will create hundreds of quality construction jobs for our members. Through their craftmanship and skilled labor, union trades men and women will revitalize this area into a vibrant and inclusive space that will serve as an economic hub for
the region.” ”
Toledo Innovation Center - Toledo, OH
Allocation: $10M | TDC: $32.8M | Union Construction Jobs: 200 | Permanent Jobs: 325 | Commercial SF: 107,000
The Toledo Innovation Center (TIC) project is the rehabilitation of a historic 107,000-square-foot building constructed in 1911 that formerly served as a U.S. Post Office and later a Toledo Public Schools building. The space will be converted into a state-of-the- art innovation and technology training facility, an incubator site for start-up technology companies.
TIC is designed to create an energizing and open workspace for local entrepreneurs and apprentices, particularly those from low-income, minority, and underserved backgrounds, and will offer training for low-income residents.
The TIC’s goals include: (1) providing job training for low and semi-skilled adults from underrepresented backgrounds; (2) incubating local businesses and entrepreneurial talent; and (3) addressing multiple social determinants of health, including employment, education, economic stability, and neighborhood environment, all while increasing momentum to revitalize Toledo core communities.