Greater Canton Chamber of Commerce

Rinkert Building in Canton
Tim Rudell / WKSU

The historic Rinkert Building in downtown Canton was auctioned off Wednesday. At 10 stories, the more than a century-old office tower was Canton’s first "skyscraper." 

The winning bid of just under a million dollars came from the Canton Downtown Land Bank.  Michael Gill is director of the Canton Development Partnership, which includes the private, non-profit land bank.  He says the building will likely be converted into residential use with ground-floor retail space.

Canton near the interchange of Market  and Tuscarawas
Tim Rudell / WKSU

One part of downtown Canton is now going to hold two economic development district designations.  The first involves a bit of history, while the other is all high tech.

A state law passed in August lets cities create Downtown Redevelopment Districts where they can offer tax incentives for developing new or rehabbing existing properties.

To qualify, an area needs to have at least one historic building in need of renovation. Canton has more than one.  And it has something much newer that is making another kind of district designation possible.