Pounds: Pacific patienceWritten by Tom Pounds | President / Publisher | email@example.com
Businesspeople with experience in real estate development know that large projects take time. They also know that business, like most of life, runs on relationships and the trust that involved parties will conduct themselves ethically and honorably.
Of course there are those who try to cheat and steal and break the rules, but business doesn’t run on the exceptions; it runs on the accepted principles so pointedly emphasized by the Better Business Bureau: integrity and performance. “Integrity includes respect, ethics and intent,” according to the BBB. “Performance speaks to a business’s track record of delivering results in accordance with BBB standards and/or addressing customer concerns in a timely, satisfactory manner.”
Using these standards, there is no evidence that warrants any suspicion or change in attitude toward the Dashing Pacific investors. The investors have been respectful and accommodating. It is far too early to judge performance and results, but everyone involved knows the importance of these investments and knows progress will be closely watched.
As Toledo Free Press has stated before, at this point, there are no losers in this transaction. Mayor Mike Bell’s quest to breathe life into Toledo receives a major boost. Dean Monske and the Regional Growth Partnership (RGP) have a major deal to tout to other potential investors, at home and abroad. The venerable Northwest Ohio firm Rudolph|Libbe gains a major role in shaping the future of Downtown Toledo. All area residents stand to benefit from the jobs, investment and economic boost that could be the first step toward a new era.
“This project would change our riverfront into something it should have been some time ago,” Bell has said.
The optimism is warranted, but of course now the work begins. As we have said, there will undoubtedly be mistakes and complications, as there are on any major development project, but it is our hope that former naysayers support the project and facilitate solutions as Dashing Pacific makes its mark.
Toledo Free Press supports Dashing Pacific’s presence and Bell and the RGP’s efforts to attract global investment.
There is always a risk of disappointment, the risk that something will go wrong or fall short. That is the risk businesspeople take. We urge other local businesses who understand that risk to continue to welcome Dashing Pacific and to work with them as their investment benefits the community.
Thomas F. Pounds is president and publisher of Toledo Free Press and Toledo Free Press Star. Contact him at firstname.lastname@example.org.