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The building will replace a surface lot used by North Market. The one-acre (0.40 ha) site [1] is in the North Market Historic District, and is the historical site of North Market, the city's oldest surviving marketplace. The market currently occupies an adjacent building, with the project site utilized as a 130-space surface parking lot. [1]
Much of the existing land use is residential (51%) followed by industrial (16%) that provides employment for the region. More than 50% of commercial (9%) land use is with community scale. Institutional (7%), parks and open space (7%), vacant property (4%), office (3%), agriculture and utilities (2%) fills the other quarter of the land use.
The land, once primarily industrial, houses the National Veterans Memorial and Museum, the COSI science museum, the Toledo and Ohio Central Railroad Station, a police station, the Lower Scioto Greenway, and the parks Genoa Park, Dorrian Green, and the Memorial Grove. All other spaces are used for parking or are vacant lots awaiting redevelopment.
Located on South Nelson Rd and adjacent to Wolf Park, Academy Park features for-lease baseball diamonds, soccer fields, basketball courts, a trail head, open green space, and Clowson Field. An indoor recreation center is located in the northern area of the park, which provides space for indoor athletic activities.
Cash inflows and outflows are the money that is put into, or received from, the property including the original purchase cost and sale revenue over the entire life of the investment. An example of this sort of investment is a real estate fund. Cash inflows include the following: Rent; Operating expense recoveries; Fees: Parking, vending ...
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