Toledo's Fiberglas Tower inching toward redevelopment

Activity is heating up to redevelop the Fiberglas Tower. Owens Corning pulled out of the 30-story building in the late 90s.
Activity is heating up to redevelop the Fiberglas Tower. Owens Corning pulled out of the 30-story building in the late 90s.

TOLEDO -- Activity is heating up to redevelop the Fiberglas Tower.

News 11's Rob Wiercinski reported live from downtown Toledo.

Owens Corning pulled out of the 30-story building in the late 90s.

Recently, conversations have been ongoing with state officials toward creating a public/private partnership to redevelop the tower. On Friday of last week, the Lieutenant governor toured the building with Mayor Finkbeiner and Commissioner Pete Gerkin as well representatives of the Ide company. Ide is the Lansing, Michigan firm who owns the building. They have been pushing for a mixed-use redevelopment project that includes office space, a hotel and retail and residential space.

There are still major hurdles to overcome. Environmental clean-up, elevators, and HVAC among other projects. But progress is being made and conversations among all parties are continuing.

Posted by LS