Loading…
Friday, July 25, 2014
Current Weather
Loading Current Weather....
Published: Thursday, 5/31/2012

Potential buyer steps forward for former Southwyck

BLADE STAFF

The vacant site of the former Southwyck Shopping Center in South Toledo has a potential buyer, City of Toledo officials said today.

Deputy Mayor Tom Crothers said an offer was made to the property’s owners about a month ago, but he declined to provide specific details. He said the buyer would be interested in turning the 68-acre site into a mixed-use development.

“It would take the entire site,” the deputy mayor said. “Beyond that I can’t tell you anything more.”

The city, which secured a grant to clean up the site on Reynolds Road, is acting as a facilitator in negotiations and marketing of the property, although it remains in private hands, Mr. Crothers said.

“We just try to get renters and buyers and sellers together for the benefit of the community,” he explained.

Southwyck Shopping Center closed in 2008 and has since been demolished.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories