Toledo, OH (2022)

Toledo Innovation Center


Historic rehab of former US Post Office into 106,000 SF technology training center and office and entrepreneur space in Toledo, OH.


  • NMTC Amount: $34,000,000
  • Total Project Cost: $37,918,692


  • 18 FTE jobs
  • 200 construction jobs
  • The project also retains a total of 325 existing jobs. By year 3, Bitwise projects 500 Pre-apprentices and 250 apprentices per year, leading to 400 new annual tech jobs, and 1,720 annual "Halo" jobs (i.e. Indirect jobs), as a result of their training programs.
  • 106,952 sq. ft. of real estate


Project Description

Historic rehabilitation of the former U.S. Post Office building built in 1911 converted to a 110,000 square foot, state-of-the-art innovation and technology training facility designed to create an energizing and open workspace for local entrepreneurs and apprentices, particularly those from low-income, minority, and underserved backgrounds. Local non-profit partnering with Bitwise Enterprises whose business model empowers residents of communities of concentrated poverty to have access to quality jobs and career opportunities in fast-growing industries such as technology. Bitwise, the sponsor, designs workforce training programs for individuals coming almost exclusively from systemic poverty. Bitwise focuses on first-generation immigrants, minorities, and females – unlocking their potential by coupling technical training with access to essential services that address barriers to entry. Bitwise will also operate a tech consulting company in the building that hires almost exclusively from the training program.


Address: 1300 Jefferson Avenue, Toledo, OH 43604

Census Tract: 39095002800

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