Regency Centers, owners of Kingsdale Shopping Center, have a new proposal for redeveloping the aged mall at the heart of Upper Arlington.
The new plan, submitted to UA City Council in an April 28 letter, does not include a Target store. Instead, according to the May 15, 2008, UA This Week, a new Giant Eagle would be built on Northwest Boulevard.
Regency is offering 5 acres of the site to the city, including the current Giant Eagle building and the former medical office on Zollinger. Company officials suggest the purchase would allow UA to seek its own proposals for office development, a mixed-use called for in the Master Plan.
Regency is pressing for Council approval, saying they are in negotiations that call for closing the deal in 90 days. City Manager Virginia Barney and Council President Don Leach so far have agreed only to considering the new configuration.
UAPA will continue to monitor this issue, so vital to the future of Upper Arlington.