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Polsky's Formally Given Deed to
Site
Documents Giving Legal Transfers To Main St. Property Filed By Firm
The A.
Polsky Co. has acquired formal tile to the Main st, "hole in the ground,"
purchase of which was announced some weeks ago. The property occupies the
entire block bounded by S. High, E. State, S. Main and E. Center Sts., and
was once intended as a site for the Franklin hotel, a venture which did not
materialize.
A warranty
deed conveying the property from the Robinson Clay Products Co. to the A.
Polsky Co., has just been filed with the county recorder. Preceding the
filing of this deed quit claims from Frank A. Seiberling, the Prudential
Securities and Reality Co., George B. Merrill and Fred W. Butler, trustee
under the will of Henry E. Merrill to the Robinson company were placed on
record.
The May
Co. owners of the M. O'Neil Co., own the old pottery building just across
Main st. from the property.
"Polsky's Formally Given Deed to Site." Akron Beacon
Journal 1 June 1926: 17:3.
Polsky Store Buys Franklin
Hotel Property
Pays
$850,000 fro 217 Feet Frontage on South Main St.
Extend
Shopping District
Site is
Across Street From Land Recently Bought By M. O'Neil Co.
The A. Polsky Co., one of the
city's oldest dry goods and women's ready-to-wear stores,
Saturday purchased outright the Franklin hotel site with a
frontage of 217 1/2 feet on S. Main St., extending from Center
St. south to State St.
B.A. Polsky, secretary and
treasurer of the company, verified this report, but withheld
details of the company's plans for the future and the cost of
the property.
From reliable sources, tough, it
was said that the site cost approximately $850,000.
Covers Entire
Block
Polsky's bought the site from the
Robinson Clay Products Co., existing, it is is understood, a
90-day option which would have expired Saturday. A new modern
store will ultimately be erected on the site.
The property considered one of the
most valuable pieces in the downtown section has a frontage of
217 1.2 feet on S. Main St. and extends through to High St. 297
feet on Center and State St. The High St. frontage is also 217
1/2 feet.
It covers an entire city block,
containing 6,500 square feet.
Use Only Portion
Of Land
It is understood Polsky's will use
only a portion of the site for the proposed store building,
leasing other portions and reserving a third part for future
extensions.
The Robinson Clay Products Co
controlled the property under a 99 year lease, and exercised
their option to buy in order to complete the deal with Polsky's
The property was originally divided
into eight separate parcels and several years ago was owned by
F. A. Seiberling. Polsky's became owners in fee of the entire
block through the deal with the Robinson concern.
Across From
O'Neil Store
The Clay Products Co also formerly
owned the old pottery building site across the street which is
now owned by M. O'Neil Co.
O'Neil's will build on this site at
some future date. This will move the center of the shopping
district near Exchange St.
Development of the two projects
including cost of the land and building, will total in excess of
$3,000,000, it is believed. It was reported that the M. O'Neil
Co site together with additional land on the canal land cost
over $3,000,000.
"Polsky Store Buys Franklin Hotel Property." Akron Beacon
Journal 1 May 1926: 1:5.
GREAT BUILDINGS
The New Polsky Store Y. M. and Y. W.
Structures Assured Also Medical Arts Building
Both in point of business and in point of civic progress, the
greatest things within the local horizon, at this time, lie in
the field of building.
The looked-for announcement of the A. Polsky
Co., concerning the greater new home for this store, came in
mid-April. This structure of steel, concrete and stone will
occupy the entire block hounded by Main, State, High and Center
Streets. This is the big "hole in the ground," excavated ten
years ago as the site of a theatre and hotel which slid into the
gloaming when the bottom dropped out of everything in 1920.
The new Polsky store building will cost in
the neighborhood of three and a half million dollars. It will be
complete to the latest hour with all usual and much special
installation as to merchandising, parking, and other
conveniences for customers. There will be four floors and
basement. The Polsky Co. announces the intention of making the
structure one of Akron's finest—a credit to the city as well as
to the long and excellent record of the Polsky Co. in this
community.
Of course, the success of the Y. M. and Y. W.
buildings campaign was a foregone conclusion. The final days of
the drive were strenuous. Indeed, the good, earnest work clone
by every man and woman enlisted for the campaign, represents,
perhaps, as fine a demonstration of unselfishness and
public-spiritedness as this or any town ever witnessed. Two
million four hundred thousand dollars is a great sum. Akron
never had so big a one to provide. But the net result is that
work will go forward on large and modern structures for the Y.
M. C. A. and for the Y. W. C. A. at the earliest date possible.
Ground is now being cleared for the Medical
Arts Building to be erected between the Beacon journal Building
and the Post office on East Market Street. This site embraces
the lot on which stood the former home of Mr. and Mrs. F. A.
Seiberling. And what a delightful home it was at that earlier
time, when all its part of East Market Street still resisted the
encroachments of business! Lovers of the antique looked with
longing eyes as work-men razed the old-time dwelling.
The Medical Arts Building will he a modern
office structure planned for and devoted particularly to
physicians, surgeons, dentists and the laboratories associated
with the medical arts. The most expert counsel was consulted
before plans were approved.
"Great Buildings." Akron Topics
May. 1929: 23. Akron-Summit County Library:
Special Collections
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