Toledo's Docks Get Chinese Investment

Toledo, Ohio's local economy is ailing, but two developers recruited from China see significant opportunity in redeveloping the city's waterfront.

The two investors, Yuan Xiaohona and Wu Kin Hung, say they intend "to build a new riverfront residential, office, retail and entertainment district," according to reporter Keith Schneider.

Ms. Yuan and Mr. Wu say they intend the development "to serve as a kind of staging area for international executives to conduct business in the Midwest, a lively urban neighborhood for their spouses and children, and a destination for shopping and dining for residents of the Toledo region."

If their investments are as extensive as planned, they could represent one of the largest real estate investments by Chinese developers in the U.S.

Full Story: Infusion From China for Toledo, Ohio

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!

Stay thirsty, urbanists

These sturdy water bottles are eco-friendly and perfect for urbanists on the go.
$19.00
City Plate table setting

New Arrival! City Plates

City downtown cores printed on gorgeous decorative collectible porcelain plates.
$50.00