ProMedica to move headquarters downtown - 13abc.com Toledo (OH) News, Weather and Sports

ProMedica to move headquarters downtown

Posted: Updated:

(TOLEDO, Ohio, Feb. 4, 2014)ProMedica has announced plans to relocate its headquarters and several area business offices to downtown Toledo. The health system's new home will be the former Toledo Edison Steam Plant and the KeyBank office building downtown on Summit Street. 

The move will bring approximately 700 administrative employees together at one central campus. ProMedica has more than 15,000 employees in northwest Ohio and southeast Michigan.

ProMedica officials have also signed a letter of intent with KeyBank to purchase its regional office building next to the steam plant on Summit Street. The intent is for KeyBank to retain one floor for its employees and ProMedica to occupy the other floors.

ProMedica will renovate the steam plant to create several levels with the intent to establish an open, contemporary environment that encourages a more collaborative culture. At the same time, ProMedica officials say they will preserve architectural elements of the historic steam plant. There are also discussions between ProMedica and another community partner about the possibility of bringing a fitness center to the downtown campus.

The estimated cost of the project is expected to range from $20-$40 million. Funding will come from multiple sources, including the sale of existing ProMedica-owned properties acquired over the past decade to accommodate its growing business operations and workforce, and by applying for potential historical tax credits.

One key to moving forward with this plan is the ability for ProMedica to identify close, convenient parking for its employees. ProMedica is currently reviewing multiple options with Toledo city officials regarding parking.

By consolidating into one centralized location, ProMedica hopes to create greater efficiencies and increase synergies between employees who will be able to work together under the same roof.

According to President and Chief Executive Officer Randy Oostra, the decision to move downtown will be a positive one for ProMedica and signifies the organization's strong and ongoing commitment to Toledo.

"We feel strongly about making a commitment to downtown Toledo and playing a key role in its revitalization, said Oostra. "ProMedica is deeply invested in this community and we look forward to all of the exciting possibilities for our city that could come out of this new partnership with the city, KeyBank and other area businesses."

"We anticipate that this move would have a significant economic impact to downtown Toledo and provide stimulus to bring additional businesses and retail back to the city core," said Stephen Staelin, chairman of the ProMedica Board of Trustees. "At the same time, we are thrilled about the opportunity to revitalize the iconic steam plant and the riverfront." 

ProMedica officials say the steam plan was chosen because of its rich history and proximity to the riverfront. The idea is to design an environment that is vibrant, engaging and encourages collaborative activities between employees of ProMedica and other area businesses. 

 

  • LocalMore>>

  • Salvation Army offers free school supplies for students

    Salvation Army offers free school supplies for students

    Tuesday, July 22 2014 12:50 PM EDT2014-07-22 16:50:48 GMT
    Every year, The Salvation Army coordinates a school supply donation drive with the aim of supplying over 1,200 students in Northwest Ohio with a back pack and the supplies to start the school year off on the right foot.If you would like supplies for your student, you must attend an application session and bring the following: identification, proof of residence, proof of income and proof of the children you would like supplies for. Tools for School assistance applications will accepted at the ...
    Every year, The Salvation Army coordinates a school supply donation drive with the aim of supplying over 1,200 students in Northwest Ohio with a back pack and the supplies to start the school year off on the right foot.If you would like supplies for your student, you must attend an application session and bring the following: identification, proof of residence, proof of income and proof of the children you would like supplies for. Tools for School assistance applications will accepted at the ...
  • Suspect in Temperance standoff surrenders

    Suspect in Temperance standoff surrenders

    Tuesday, July 22 2014 10:22 AM EDT2014-07-22 14:22:08 GMT
    Monroe county sheriff's deputies are involved in a standoff with a man in Temperance, Michigan. It's happening off of Stoneybrook Lane near Jackman and Dean.
    Monroe county sheriff's deputies are involved in a standoff with a man in Temperance, Michigan. It's happening off of Stoneybrook Lane near Jackman and Dean.
  • American Red Cross issues urgent call for blood and platelet donors

    American Red Cross issues urgent call for blood and platelet donors

    Tuesday, July 22 2014 7:11 AM EDT2014-07-22 11:11:35 GMT
    The American Red Cross is facing a looming blood shortage, leading to an urgent need for donors of all blood types to roll up a sleeve and give.According the agency donations through the Red Cross are down approximately 8 percent over the last 11 weeks, resulting in about 80,000 fewer donations than expected.
    The American Red Cross is facing a looming blood shortage, leading to an urgent need for donors of all blood types to roll up a sleeve and give.According the agency donations through the Red Cross are down approximately 8 percent over the last 11 weeks, resulting in about 80,000 fewer donations than expected.
  • Top StoriesMore>>

  • Federal appeals court deals blow to health law

    Federal appeals court deals blow to health law

    Tuesday, July 22 2014 11:13 AM EDT2014-07-22 15:13:53 GMT
    WASHINGTON (AP) - A federal appeals court has delivered a serious setback to President Barack Obama's health care law, potentially derailing billions of dollars in subsidies for many low- and middle-income people who bought policies.
    WASHINGTON (AP) - A federal appeals court has delivered a serious setback to President Barack Obama's health care law, potentially derailing billions of dollars in subsidies for many low- and middle-income people who bought policies.
  • Salvation Army offers free school supplies for students

    Salvation Army offers free school supplies for students

    Tuesday, July 22 2014 12:50 PM EDT2014-07-22 16:50:48 GMT
    Every year, The Salvation Army coordinates a school supply donation drive with the aim of supplying over 1,200 students in Northwest Ohio with a back pack and the supplies to start the school year off on the right foot.If you would like supplies for your student, you must attend an application session and bring the following: identification, proof of residence, proof of income and proof of the children you would like supplies for. Tools for School assistance applications will accepted at the ...
    Every year, The Salvation Army coordinates a school supply donation drive with the aim of supplying over 1,200 students in Northwest Ohio with a back pack and the supplies to start the school year off on the right foot.If you would like supplies for your student, you must attend an application session and bring the following: identification, proof of residence, proof of income and proof of the children you would like supplies for. Tools for School assistance applications will accepted at the ...
  • Delta cancels all Israel flights over missile fear

    Delta cancels all Israel flights over missile fear

    Tuesday, July 22 2014 11:54 AM EDT2014-07-22 15:54:38 GMT
    Delta Air Lines is canceling all flights to Israel until further notice, citing reports that a rocket landed near Tel Aviv's Ben Gurion Airport. A Delta Boeing 747 from New York was flying over the Mediterranean headed for Tel Aviv on Tuesday when it turned around and flew to Paris instead. Flight 468 had 273 passengers and 17 crew on board. US Airways, which has one daily flight from Philadelphia, canceled that flight Tuesday and the return trip from Tel Aviv.
    Delta Air Lines is canceling all flights to Israel until further notice, citing reports that a rocket landed near Tel Aviv's Ben Gurion Airport. A Delta Boeing 747 from New York was flying over the Mediterranean headed for Tel Aviv on Tuesday when it turned around and flew to Paris instead. Flight 468 had 273 passengers and 17 crew on board. US Airways, which has one daily flight from Philadelphia, canceled that flight Tuesday and the return trip from Tel Aviv.

Area Events Calendar

See It, Shoot It, Send It!