Revitalization of Historic Defiance Building Expected to Spur Downtown Development
Official Press Release
For Immediate Release
Revitalization of Historic Defiance Building Expected to Spur Downtown Development
Toledo, Ohio – 3/14/2024 – Renovations have begun at an iconic downtown Defiance building, setting the stage for what many believe will spur further development in the Northwest Ohio community.
Located at the corner of Clinton and Second streets, the three-story building is situated at the busiest intersection in Defiance. Planning for the renovated historic structure is slated to be a mix-used development, including a restaurant, office space and potentially daily rental rooms. Developers anticipate the project generating additional vibrancy and foot traffic downtown.
“I’m a dreamer,” said Bryan Keller, owner of the building and president and CEO of Defiance-based Keller Logistics, explaining why he risked his own money on the revitalization project. “This has been an eyesore the last 20 years and I felt, as a gift to Defiance, we would fix up this building.”
The 15,000 square-foot structure, currently known as 300 Clinton Building, was built in 1875 and previously recognized as Stone Front Building.
The $5 million project included support through the JobsOhio Vibrant Community Grant which assists distressed small and medium sized communities with the implementation of catalytic development projects that fulfill a market need and represent a significant reinvestment in areas that have struggled to attract new investment. The project is also expected to create at least 25 new jobs.
“This renovation will refurbish a historic building in downtown Defiance that has stood empty for more than a decade,” said JobsOhio President and CEO J.P. Nauseef. “Once complete, this iconic space will spark economic opportunity, attracting people, jobs and entertainment to the heart of Defiance.”
According to Mark Baringer of NAI Harmon, plans are to attract a restaurant for the ground-level first floor, with potential for outdoor dining. Offices are being built for the second and third floors, including 5,000 square feet for Keller Logistics.
Jake Oberlin, a partner with Keller on the project, said they were unsuccessful in securing state and federal historic preservation tax credits, so they decided to move forward on their own. “We are hoping this revitalization might serve as a catalyst for rehabbing other downtown buildings, allow other businesses to stay open longer, and bring more people down here.”
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Defiance is currently growing with industrial, office and commercial growth and is a target for site selection. Building a vibrant downtown to attract talent and traditional economic development will enhance that growth, said Erika Willitzer, executive director, Defiance County Economic Development.
“JobsOhio and the Regional Growth Partnership’s support through the Vibrancy Grant Program made the ultimate difference in this project happening,” Willitzer said. “It takes a lot of resources bringing a historical building back to life. Bryan Keller and Jake Oberlin have been a godsend to our community for taking it on. With the Vibrancy program, and Keller and Oberlin’s will to create a dynamic space, we see 300 Clinton Street as becoming a cornerstone/catalyst for Defiance’s downtown economy.”
The renovation is expected to be completed in mid-2025.
The Regional Growth Partnership is the lead economic development organization serving 17 counties in Northwest Ohio. As a private nonprofit development corporation, the RGP is dedicated to fostering regional, national and international business investment opportunities across the region. The RGP serves as Northwest Ohio’s network partner for JobsOhio. Visit www.rgp.org for more information.
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.
NAI Harmon Group – Media Contact:
Emily Wagy
Director of Communications
NAI Harmon Group
(419) 960-4410 ext 318
ewagy@naiharmon.com
About NAI Harmon Group
NAI Harmon Group is the leading independent commercial real estate brokerage, property management, and land developer in Northwest Ohio. They list a diverse portfolio of commercial property across the US and manage 7,500,000 SF across 14 States. The Harmon Group is proud to have worked on some of the largest developments and transactions in the Toledo area. For more information visit naiharmon.com.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 325 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world. For more information, please visit www.naiglobal.com.