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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