Mesothelioma and Asbestos

The City of Toledo, Ohio is in the process of a $44 million redevelopment plan, but the vacant former Fiberglas Tower was not intended to be part of the plan. City officials vetoed a proposal to loan the owners $10 million to renovate the skyscraper, but the subject was recently put back on the table for discussion. The Mayor as well as other council members want to avoid an ongoing money pit similar the three apartment buildings the city does not own, but are still costing the city $1 million every year from 2000 until about 2025.

The mayor is more willing to consider the loan to the owners of the Fiberglas Tower, Eyde Co. of Lansing, after hearing details of the proposal. Eyde Co plans to turn the former Owens Corning headquarters into a intricate with a hotel, a restaurant as well as apartments. Marriott has expressed an interest in operating the hotel. Meanwhile, renovations are already underway. Asbestos removal is the earliest phase of renovation, as well as is expected to take a year. The renovation will be funded through a number of sources, including a $3 million grant from the Uncluttered Ohio Revitalization Fund.

For the filled story, go to Toledo Blade.