Development company looking to build in Tiffin

diverse devDiverse Development looking to build new shopping center in Tiffin

TIFFIN, OHIO – March 2, 2016 – Kenneth Hicks, principal of Diverse Development, has announced his intentions of locating a strip mall-style shopping center in Tiffin, Ohio. The proposed space would be a $1.1 million investment, with three retail spaces, and would be located at the site of the former First Merit bank branch at 596 W. Market Street. The center is expected to be completed this year.

“With all of the growth Tiffin has been experiencing recently, it seems the perfect time to do this development. We’re doing some additional due diligence and will be applying for a local tax exemption, but if everything goes well, we would hope to start construction as soon as possible,” Hicks said.

The proposed structure will house three retail spaces with a combined total of 4,600 square feet of space. Hicks currently owns the property and is working with long-time development partner Midwest Contracting on clearing the parcel and the construction of the new building. Though no leases have been signed yet, Hicks is projecting the creation of anywhere from 40-70 retail or restaurant jobs.

Diverse Development was founded in Holland, Ohio over five years ago and has more than 100,000 square feet in 11 retail centers in Northwest Ohio. Hicks has placed businesses including Aspen Dental, Petco, GameStop, Starbucks, Tropical Smoothie and AT&T in his retail centers in Findlay, Lima, Perrysburg and Bowling Green.

Tiffin Mayor Aaron Montz was pleased with the news: ”I’m excited to see another major retail development happening in our city. Projects like this mean more jobs, investment, and shopping options for residents, students, and visitors. The momentum continues.”

About SIEDC

Started in 1983, the Seneca Industrial and Economic Development Corp. (SIEDC) is a private, non-profit corporation dedicated to driving positive economic, downtown, and community development in Tiffin and Seneca County, Ohio, which consistently ranks among the top communities nationally for economic development. Learn more about the great things going on at the company’s blog at www.senecasuccess.com

3 comments

  1. I’m not sure I understand why Tiffin would build a new structure for retail/resturant businesses, when there is a huge empty mall with plenty of space for those exact type of businesses. Why not utilize that space rather than spend another million dollars to build new??

    1. Hi Laura, great question! Unfortunately, the individual that owns the mall has not been open to new business opportunities over the past several years. Unless he would decide to sell or to actively recruit businesses, there is nothing we can do to fill that space. We can direct businesses looking to locate in Tiffin to contact him however, if he does not follow up with them, there is nothing we can do to put businesses in the mall. Additionally, many businesses have certain requirements that cannot be met in an indoor mall, so the strip mall concept works better for them.

      1. Thank you so much for your reply! I am always happy to see and hear the town of Tiffin is growing and developing. Its just sad to see that big empty building sit. Hopefully someday someone will come along and use the space to benefit the rise and success of the community, whether it be tearing it down to build a new structure or utilizing the existing space. Good luck with all future projects that will continue to benefit Tiffin, which I am proud to call my hometown!

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