A ground-breaking ceremony was held July 2 to commemorate the sale of 69 acres of land on the Marina District to a Chinese investment group.

Mayor Bell joined by representatives of Dashing Pacific

Dashing Pacific bought the property with plans of spending an estimated $200 million to develop the area on the waterfront. Toledo Mayor Mike Bell was joined by several members of Council as well as representatives of Dashing Pacific.

“We are proud and honored to become part of the family here,” said Jimmy Wu, son of Dashing Pacific Co-Investor Wu Kin Hung. “Together we can shape our future and we can shape the city’s future too in which we, our children and grandchildren will thrive for generations to come. Together we can do it.”

Jimmy Wu and his new wife announced that they have grown to enjoy Northwest Ohio so much that they will soon be leaving their home in New York City to move to Perrysburg. He did so while denouncing the need for his old New York residence’s keys in one hand while waving a Toledo Mud Hens foam finger in the other hand.

The ceremony also included the presentation of a large rock, presented by Dashing Pacific’s other Co-Investor Yuan Xiaohong. She stated through a translator that the large boulder was a Chinese tradition which symbolized their interest to plant roots in Toledo.

In honor of Lucas, the baby elephant born at the Toledo Zoo on June 3, Yuan presented the rock to Dr. Anne Baker, CEO and Executive Director of the Toledo Zoo. In return, they received DVD’s with footage of the first month of Lucas’ life.

“We wanted to dedicate this big rock to the Toledo Zoo, to their elephant Lucas, to symbolize our relationship,” Yuan said. “Just like an animal, we live together harmoniously loving the earth.”

Tags: Dashing Pacific, Marina District, Mayor Mike Bell

This entry was posted on Saturday, July 2nd, 2011 at 10:23 pm and is filed under City of Toledo, Community.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.