Potential buyer steps forward for former Southwyck
5/31/2012The 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.