Sale of Marina District to Chinese group approved by City Council

Toledo's ties to China got a little stronger Tuesday City council voted unanimously to approve the sale of the Marina District to a Chinese investment firm.

Dashing pacific would buy the 69 acre parcel for $3.8 million with an option to buy another 22 acres.

the group would construct a more than $200 million project on the land that has been undeveloped for years.

It's unclear when construction could begin.

Dashing Pacific earlier this year purchased the Docks in East Toledo.