Millbury
Real Estate
Apartment luxury living in Maumee: Council approves tax abatement for $60 million project
Luxury apartment living is coming to Maumee. At a special City Council meeting Monday, representatives from Metropolitan Holdings presented plans for two high-end apartment complexes near the Pinnacle event center on Indian Wood Circle. The $60 million project will start in early 2026, Matthew Vekasy, founder and CEO of Metropolitan Holdings, said after the meeting. “This is a great opportunity for Maumee,” said Mayor Jim MacDonald. “I think the vision is awesome, especially in an area that has been stagnant for a while.”
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