LIBERTY TWP. <\/p>\n
The multimillion dollar mixed-used retail, residential and office development proposed for Liberty Twp. has signed its first tenant, according to representatives of the developer. <\/p>\n
The clothing store Dillards has signed a lease to build an approximately 200,000-square-foot flagship store, said Brock Schmaltz, spokesman for Columbus development company Steiner + Associates. <\/p>\n
The development is to be located on about 100 acres at the intersection of Liberty Way and Ohio 129 along Interstate 75. <\/p>\n
Original site plans called for three anchors for the project two approximately 125,000-square-foot department stores and a movie theater, Schmaltz said. <\/p>\n
That hasnt changed, Schmaltz said. <\/p>\n
Because of the Dillards lease, the store will take up more space than first proposed, so the second department store anchor Steiner is looking to lease will be a retailer that offers something different and occupies a smaller space, closer to 50,000-square-feet, Schmaltz said. Combined, Dillards and a second anchor department store will still fill a total 250,000-square-feet of retail space. <\/p>\n
Site plans have also been updated to include a hotel, Schmaltz said. <\/p>\n
Construction is now set to start October this year, with the approximately $300 million first phase of the development looking to open fall 2015, he said. <\/p>\n
Progress is pending on a deal with Butler County on a Tax Increment Financing District to help finance infrastructure (streets and parking) for the newly named Liberty Center. The previous working title had been Liberty Town Center. <\/p>\n
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Liberty Twp. retail development signs first tenant, changes site plans<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" LIBERTY TWP. The multimillion dollar mixed-used retail, residential and office development proposed for Liberty Twp. Continue reading