Follow-up | Fallen Timbers Under Contract

Fallen Timbers: More Confirmations, More Players

Following last week’s report that Fallen Timbers Mall is officially under contract, we’ve received additional confirmation from two respected voices in Northwest Ohio’s commercial real estate scene. Both independently verified the deal. Additionally, a local government official.

But here’s where things get even more interesting:
While the Easton Town Center management group is still very much leading the transaction, we’ve learned multiple developers are involved—including a trusted multi-family developer with a strong regional track record.

Translation: This isn’t just a one-note retail revival. This is shaping up to be a broader, mixed-use play with serious horsepower behind it.

We’ll keep reporting as the picture sharpens. For now, know this: the momentum is real, and so are the people behind it.

$5B Cash Influx from Airbus | Ohio Takes Flight

Let’s talk aerospace.
Not the Elon kind. The Ohio kind.

This week, more than 100 business leaders and officials packed into a Columbus conference hosted by Airbus, JobsOhio, and the U.S. Commercial Service. The goal? Strengthen ties between Ohio’s manufacturing muscle and Airbus’s global supply chain.

And here’s the headline that matters:
Ohio is the #1 Airbus supplier state in the U.S.
Let that sink in.

$5 Billion in 2024 Alone

In 2024, Airbus spent nearly $5 billion with Ohio-based suppliers. That’s part of a staggering $20 billion+ over the last five years. If aerospace procurement were a sport, Ohio would be hoisting the trophy.

Why Ohio?

• 600+ aerospace and aviation firms

• 110,000+ aerospace employees

• 3rd-largest manufacturing workforce in the U.S.

Translation: We build things here. Complicated, precision-grade, mission-critical things. And Airbus? They’re buying.

What's Airbus Looking For?

At the “Ohio & Airbus: Powering Aerospace Supply Chain Innovation” conference, Airbus North America CEO Robin Hayes didn’t mince words. The company’s looking to expand supplier partnerships across its commercial aircraft, helicopters, defense, and space verticals.

That means more contract potential for Ohio firms—especially the ones that aren’t already in the game. And with Airbus expanding its U.S. footprint, there’s plenty of runway.

Northwest Ohio’s Opportunity

Sure, the conference was in Columbus, but the implications stretch statewide. Northwest Ohio’s manufacturers—especially those in defense, machining, and composites—should be circling this like it's RFP season. This isn’t just about existing relationships. It’s about who’s next.

JobsOhio’s Playbook

JobsOhio President J.P. Nauseef summed it up: “Ohio’s strength lies where aerospace and national defense intersect.” And it’s not just fluff. The Airbus relationship proves that Ohio’s talent, infrastructure, and strategic vision aren’t just competing nationally—they’re winning.

From Wright Brothers to Right Now

Lt. Gov. Jim Tressel (yes, that Tressel) kept it poetic: “From the Wright brothers to next-generation flight systems, Ohio has always led the way.” Now, we’re not just making history—we’re signing contracts.

Toledo Money Takeaway:
Ohio’s dominance in aerospace isn’t just a legacy story—it’s a live opportunity. $5B in 2024 is a signal to every advanced manufacturer in the state: align with aviation, and the sky isn’t the limit—it’s the baseline.

Want in? Start with procurement readiness, certified quality, and… a solid relationship with someone at JobsOhio.

A Fresh Wave in Port Clinton: Coastal Marine’s Revival

📍 Port Clinton, OH – West Lake Shore Drive

For years, Coastal Marine was a marina of age and anonymity — a spot with history, but little story. Tucked between Lake Erie and the Portage River, it quietly existed as a dusty, paperwork-stuffed holdover from another era. But as of 2022, that narrative has changed.

Under new ownership, Coastal Marine has undergone a full-scale revival — and locals are noticing. Today, it’s more than a marina; it’s a Saturday-morning staple where boaters swing by just to say hello.

🚤 What’s New at Coastal Marine?

• Floating Docks: High demand and limited supply — they go fast, so don’t wait.

• Heated Storage: Protect your boat year-round with premium care.

• Full-Service Marina: Mechanical services covering everything under the sun.

• Detailing Services: From buffing and waxing to custom paint jobs, your vessel will look brand new.

📞 Call 419-732-2165 for availability.

You’ll recognize Coastal Marine by its gleaming white buildings, easily spotted whether you’re driving by or out on the water. But there’s even more happening just across the Portage River…

Coastal Cottages: Dockside Living, Done Right

On the riverside edge of the property, Coastal Cottages is developing a series of waterfront homes — each one complete with your own dock. These properties have been selling fast and speak directly to the lake-loving lifestyle.

Interested buyers should act quickly — these homes aren’t lasting long.

📞 Same number, same team: 419-732-2165.

If you’ve driven through Sylvania, Perrysburg, Monclova, or even parts of Waterville lately, you’ve probably noticed it: new neighborhoods sprouting up faster than you can say “pre-approval letter.” Northwest Ohio real estate feels like it’s in hyperdrive. A perfect storm of factors is fueling it: solid school districts, a relatively low state income tax, and a regional economy that’s punching above its weight. The fundamentals are strong. But there’s another major ingredient: builders. Think Moline, Schumacher, Josh Doyle, Mavillino, Premier, Doug Howard… the list goes on. These developers aren’t just building homes, they’re building dreams with curb appeal and price tags to match.

But here’s where things get interesting.

The term “competitive pricing” gets thrown around a lot, but compared to what? Not long ago, a 2,500 sq ft home in our area might’ve gone for $250K. Today? That same square footage could set you back $500K, depending on the zip code.

Wages, on the other hand, haven’t kept pace.

This raises the question: is this sustainable? At the current rate, the “everyday family home” could soon come with a million-dollar price tag. That’s not just a trend, that’s a transformation.

So, who’s actually buying?

Are there more quietly wealthy folks in Northwest Ohio than we realize? Or are more people stretching themselves thin, relying on two incomes and walking a financial tightrope?

At Toledo Money, we believe it’s time for a real conversation.

As real estate prices climb, are we in a long-term growth cycle or are we inching toward something more fragile?

We’d love to hear your take. Are we building a boom… or bubbling toward a bust?

Money Confessional | The Hustling Healer & His Creative Counterpart

Age: 29
Roles: ProMedica Nurse & Hair Stylist
Salary: Combined $125k

Meet a young couple in their late 20s putting down roots in South Toledo while juggling long shifts and side clients. He’s calm under pressure in the ER, she’s sharp with the scissors and savvy with her scheduling. Together, they’re building a life that blends purpose with progress.

🏡 Living Situation: Renting a 2-bedroom duplex near Byrne and Glendale. “We’re saving for a down payment right now—hoping to buy in the next year or two. We want to stay close to our families but still have our own space.”

💵 Household Income: About $125K combined. He pulls in around $82K from his nursing job, and she brings in roughly $43K between her salon work and private clients. “It’s not flashy, but it’s steady—and we’re not scared of work

☕ Favorite Splurge: Local coffee shops and date nights. “We love hitting up Brew or The Onyx for a Saturday morning latte. Once a month we’ll treat ourselves to a nicer dinner downtown.”

💡 Biggest Financial Worry: “The student loans are still lingering, and we’re trying to balance saving with enjoying our 20s. Sometimes it feels like there’s always something—a car repair, a medical bill, a wedding invite.”

💼 Other Income: He occasionally picks up extra shifts or does per diem work at a nearby clinic. She books bridal hair gigs on weekends. “We try not to say no when the money is good and the schedule works.”

🗣️ Toledo Tip: “Healthcare and personal services aren’t going anywhere. If you can take care of people, you’ll always have work.”

📊 Net Worth: Roughly $60K, mostly in retirement accounts, an emergency fund, and a reliable Honda Civic. “It’s not a fortune, but we’re ahead of where our parents were at our age.”

📖 Budget Style: Shared Google Sheet and monthly wine-and-spreadsheet nights. “We’re not super strict, but we like to know where the money’s going.”

🌱 Inspiration: “We want to travel, own a home, maybe start a family soon. But more than that, we want to live a life where we’re not constantly stressed about money. That’s real wealth.”

🚨 Subscribe to Toledo Money for more sharp money stories, local business moves, and bold professionals betting big on Northwest Ohio: www.tolmoney.com