$70 million economic development, 500 new jobs announced for industrial site at old NorthTowne Square Mall

“TOLEDO, Ohio — At least 500 new jobs are coming soon to the site of the former NorthTowne Square Mall in west Toledo when a $70 million economic development project gets underway next year.

Mayor Wade Kapszukiewicz and other city officials made the announcement Thursday at a news conference. Kansas City-based NorthPoint Development purchased the vacant land from the city for “fair market value” of $45,000 per acre, and plans to convert the vacant land spanning 60 acres into an industrial park.”

NorthPoint Development to redevelop the former North Towne Square Mall in Toledo, OH. This development will house two industrial buildings that will stimulate economic growth by bringing hundreds of new jobs to the local community.