Findlay’s downtown will get a major boost in the next three years thanks to Marathon Petroleum Corp.
Marathon CEO Gary Heminger announced Monday that the company will spend $80 million to add two office buildings to its complex, two multi-story employee parking garages, and green space.
Down the road, Marathon may add a combination corporate hotel/mixed use building on Main Street, Heminger said.
Combined with recent expansions at Blanchard Valley Hospital, the University of Findlay, and the coming $10 million Marathon Performing Arts Center downtown, the Marathon Petroleum expansions will make Findlay stand out, Heminger said.
“Findlay should have the template for downtown community for, I think, all of America,” he said to the Findlay Rotary Club.
From Marathon Petroleum’s point of view, the additions will address space needs. Marathon has been renting space around town for some employees. The new buildings will add more than 550 work spaces at Marathon’s campus.
One new six-story office building and multi-level parking garage will be south of the existing Marathon complex, between Hardin, Lincoln and Main streets. The 120,000-square-foot office building will be headquarters for MPLX LP, Marathon Petroleum’s pipeline subsidiary.
A new three-story office building and parking garage will be northeast of the existing complex, along the south side of Sandusky Street and west side of East Street.
Gone will be the former Elks and RCM Architects buildings, at 601 and 613 S. Main St. Demolition dates have not yet been set, Marathon Petroleum reported. The site of the Elks building will become green space.
“We did an exhaustive study of the Elks building to see whether or not it would fit our plans going forward, and it just didn’t, the amount of work that had to be done to make it compliant with today’s offices,” Heminger said. “The RCM building that was next door … it just gives us the ability to build this campus out.”
Potentially, a “multi-purpose hotel, conference-type facility,” will be built at the northeast corner of Main and Lincoln streets, Heminger said. Marathon is seeking investors to build the corporate hotel, which might be used by other companies besides Marathon, he said.
The parking garage on Sandusky Street will have 800 spaces on five levels. The parking garage south of Hardin Street and over Beech Street will have 1,200 spaces on six levels. Ground level parking spaces for employees and visitors will remain south of Hardin Street, west of East Street and north of Lincoln Street.
Courier business reporter Lou Wilin will have more on Tuesday.