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Take First Steps On New Building
M.
O'Neil Company Given Permission to Tunnel Alley On Main St., Near State
The first
step toward construction of the new M. O'Neil Co. department store on the
west side of Main St., on the "old pottery" site, was taken Tuesday
afternoon when city council approved preliminary plans for the structure.
Council
gave permission to tunnel under Garden alley and build a structure over the
alley.
Site for
the new store extends back beyond the alley, across several railroad tracks
to the edge of the Ohio canal. It was purchased about six years ago by the
May Co., of Cleveland, holding company of the Akron store. The price was
reported to approximate $1,000,000.
"Take First Steps On New Building." Akron Beacon Journal
19 May 1926: 21:7.
O'Neil Store Must Build In Two Years
Permit Granted By City
Council Revokable After That Time
The May Department Store Co., holding
company of the M. O'Neil store, must build their new department store, at S.
Main and State Sts., within the next two years, under conditions of a permit
granted by city council Tuesday afternoon.
Council gave final approval to the
company's application to build a subway under and erect a bridge over Garden
alley. The permit is revokable at will of the council and will be cancelled
if work is not started in two years.
"O'Neil Store Must Build In Two Years." Akron Beacon
Journal 26 May 1926: 1:3.
Believe O'Neil's Are
Soon To Build
Department Store Orders Tenants On New Property To Vacate,
Reports Say
The May Department Stores Co., is
clearing the decks for a new department store at S. Main and
State Sts., as the new location for the M. O'Neil Co., a
subsidiary of the Cleveland concern, it was indicated Monday.
While officials declared no
definite building program has been worked out, two important
steps have been taken.
Give Tenants
Notice
One is giving notice to tenants of
the old pottery building and adjoining structures to vacate and
the second is preparation of plans. Reliable sources report that
the firm of Graham, Probst, White & Henderson, Chicago
architects, have been employed to draw plans.
Jerome Dauby; manager of the M.
O'Neil store, was out of the city Monday. Other officials
admitted that tenants of the property have been ordered to move
but denied knowledge of definite building plans.
"Believe O'Neil's Are Soon To Build." Akron Beacon Journal.
30 August 1926: 15:6.
Plans For New O'Neil Store
Are Made Public
Structure To Cost $3,000,000, On Property Worth At Least
Million, Shows Faith In Akron's Future Prosperity, Jerome
Dauby, Firm's President Says
Construction work will be started
early next year by the M. O'Neil Co. on its new $3,000,000
department store on S. Main St. between State and Center Sts.,
it was announced late Monday by Jerome Dauby, president and
general manager.
Twenty-three contractors now have
plans and will submit bids on the new structure by Dec. 20, when
they will be opened.
The new building will contain a
department store, warehouse and parking space for hundreds of
autos. It will have a frontage on Main st. of 217 feet, running
from Center St., with a depth of 460 feet.
Garage to Be
Feature
An outstanding feature will be the
garage in the rear for use of auto patrons. Shoppers can drive
from the State. St. viaduct into the parking quarters and leave
their cars. After finishing shopping their autos will be ready.
Other modern appointments will
include restrooms for women and children, restaurants, lunch
rooms, reception rooms and music hall.
The new building will contain
approximately three times the floor space of the present store,
Dauby said.
What disposition will be made of
the present O'Neil store was not disclosed. Dauby pointed out
these quarters will be occupied all next year and probably for
several months in 1928.
Cost Over Four
Million
It was disclosed that the new site
and building will cost in excess of $4,000,000, the site alone
involving an expenditure of more than a million. This includes
the Main St. frontage and a plot in the rear of Garden Alley and
the Belt Line railroad, extending west to the edge of the Ohio
canal. The Main St. plot was purchased about a year ago from the
Robinson Clay Products Co. for $850,000.
The store proper will be six
stories and basement, while the portion in the rear will be five
stories, with two below street level.
Beautiful in architectural design,
the building will be modern in every respect, Dauby said.
Exterior walls will be of terra cotta. Interior wood work and
decorations are to be in keeping with the design.
One Of Ohio's
Best
Every known interior appointment
and equipage will be employed to make the store one of the
finest, not only in the city, but in the state. Dauby said. No
adjoining structures will shut out sunlight and there will be
day light on the four sides of the buildings, the plans show.
Four marquises will be erected over
the entrance on main St. and State St.
Adequate freight service will be
provided by the Belt Line, which runs in the rear of the
proposed building.
"The M. O'Neil Co. has faith in the
continued growth and prosperity of Akron," Dauby said, "and we
are building on of the finest mercantile establishments in the
state because of that belief."
Chicago
Architects
Plans
for the building were prepared by Graham, Anderson, Probst &
White. Chicago architects.
Announcement of plans for the new O'Neil store is the latest of
a series indicating that the shopping center is moving south to
escape downtown congestion. The A. Polsky co. has purchased the
Franklin hotel property, known as "the hole in the ground,"
directly opposite the O'Neil site, and intend to build on it, it
is declared.
Other
merchants, however, contend that the business center will remain
between Market and Mill Sts.
"New O'Neil's Store Plans Made Public." Akron Beacon Journal.
7 December 1926: 1:4, 31:3.
O'Neils Of
The Future
Every citizen of Akron is grateful
to the M. O'Neil company for the excellent material pledge it
has given of its faith in the future of Akron. this company will
spend four million dollars for a new home for its ever
increasing business because officials of its organization are
convinced "that Akron is destined to take its place with the
greatest cities in the country." What a splendid tribute this is
to the progress of this community, and to the strength and
solidity of the commercial and industrial energies which make
progress a present and future civic asset.
Since Akron's earliest days the M.
O'Neil company has been a leading factor in the mercantile life
of the city. It has won unbounded good will because of its
enterprising efforts to serve its community. Its extensive plans
now to meet the requirements of the present and future are in
keeping with a good record of enterprise that has gone before,
for the past has not lacked its problems incident to an ever
expanding business.
All who noted the majestic lines of
the building that is to be the home of the O'Neil's of the
Future," as set forth in the company's announcement in
yesterday's Beacon Journal, must have been thrilled with pride
in this reflected evidence of city growth. Akron is broadening
out. It needs elbow room for its ever expanding trade. Local
distances that balked the communication of yesterday no longer
matter. They have been discounted as completely as the
statistics of yesterday's production are eclipsed by present day
figures. The O'Neil development is but one of the many business
ventures of magnitude, either maturing or in prospect, and like
its own, reflecting increasing confidence in the city's future.
Upon the whole it ought to be a happy New Year for every citizen
of this prosperous and growing community.
"O'Neil's Of The Future." Akron Beacon Journal
9 December 1926: 4:2.
Carmichael Co. Is Low
O'Neil Bidder
Akron
Contractor Successful In Field of 15 Out of Town Concerns
The Carmichael Construction Co.
will build the new M. O'Neil $3,000,000 department store at S.
Main, State and Chestnut Sts., it was announced Friday by Jerome
Dauby, president and manager of the store.
Definite amount of the contract was
not given by Dauby, for the reason that some minor changes and
alterations in the plans will be made.
"While the contract has not been
signed, it has been agreed that the Carmichael company will get
the contract." He said work will be started early in 1927.
The Carmichael company was the
successful bidder in a field of 15 out of town contractors who
submitted proposals. The bids were opened in the Chicago offices
of Graham, Anderson, Probst and White, architects and tabulation
was completed late Friday.
"Carmichael Co. Is Low O'Neil Bidder." Akron Beacon Journal
31 December 1926: 13:7.
Subway Is Approved
City council Wednesday had granted
the M. O'Neil Co. permission to build a subway under Maiden Lane
alley, in the rear of their new department store, now under
construction at Main, State, and Center Sts.
"Subway Is Approved." Akron Beacon Journal
16 February 1927: 17:7.
Transfer Of Main St.
Property Is Complete
Last Of
Mortgages On Robinson Clay Products Co. Land Paid Thursday
Completion of the transaction
involving the transfer of the property formerly owned by the
Robinson Clay Products Co., at State and Center Sts., on which
the M. O'Neil Co. is now erecting a new store building, was
completed Thursday.
Last of the mortgages, which were
owed on the transaction were paid and the property then
transferred by the May Department Stores Co., to the
State-Center Building Co.
Name Is Changed
Following this, an amended charter
of incorporation was filed, changing of the name of the holding
company under which the building will be constructed and
operated from the State-Central Building Co., to the May-O'Neil
Building Co.
Work on the excavations for the new
M. O'Neil store, which will be one of the finest in the state,
is being rushed and it is hoped to finish the structure by Jan.
1, 1928.
"Transfer Of Main St. Property Is Complete." Akron Beacon Journal
24 February 1927: 19:4.
Record Mortgage Is Filed
In Akron
Loan On New M. O'Neil Store $2,500,000 - Made Through Local
Company
A mortgage for $2,500,000 believed
the largest single first mortgage loan ever made in Akron was
filed late Monday by the Bankers Guarentee Title & Trust Co. The
loan involves the new M. O'Neil store at State St. and S. Main
St., and was made the Prudential Insurance Co. of America
through the Bankers company as agents.
Land and buildings of the
May-O'Neil Building Co., are covered by the 10-year loan. Work
on the new O'Neil building is well under way, with a large
portion of the steel work in place.
The building has a frontage of 217
feet on S. Main St. and extends back to the canal.
Terms Of Mortgage
Terms of the mortgage provide for
payment of $75,000 a year beginning March 1, 1929 with the
option of paying an additional $50,000 a year to accelerate
retirement.
Interest rate is 5 1/2 per cent
payable semi-annually. The document is signed by Jerome Dauby,
president of the O'Neil company.
Building site property is given as
security.
"Record Mortgage Is Filed In Akron." Akron Beacon Journal
10 May 1927: 1:5.
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