That's the yard of the Craig Shipbuilding Company across the river, established in East Toledo a decade earlier by Captain John Craig. The vessel on the ways is the Chippewa, a 200-foot passenger steamer launched 23 June 1900 for the Arnold Transit Company for service between Sault Ste. Marie and Cheboygan, Michigan. Sold in November 1905 to a syndicate wishing to stem the influence of the American Ship Building Company trust and renamed Toledo Shipbuilding Company, the yard was eventually purchased by American Ship Building in 1947. As shown below, the Toledo Shipbuilding yard still exists as Irionhead Marine, Inc.

The Craig sons moved to Long Beach, California in 1906 and founded a notable shipbuilding enterprise there. The Chippewa and her slightly larger and newer sister Iroquois, also a Craig product, made the trip from the lakes around the Horn to Puget Sound, where the pair ran for Puget Sound Navigation Company of Seattle, which in 1932 converted the Chippewa to a Diesel-powered, double-ended ferry. Sold for intended use as a maritime museum at Stockton, California, the Chippewa burned a total loss there 23 June 1968 and was subsequently scrapped.

Air is cleaner, much of that industry is upgraded or changed. But the dry docks are still there. The park is now called Jamie Farr Park.

This is the Presque Isle clubhouse, built in 1898, looking across the Maumee at east Toledo. The club moved back across the river to its current site in 1903 - their wooden clubhouse there burned in 1906. It was replaced in 1908 with a steel reinforced concrete structure that the club still uses today.

I bet you posted this photo just to use that clever headline!