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Monday, August 8, 2016

Proposed Outlet Mall in Garfield Heights Isn't Happening; Mayor Says Residents Will Be Happy With Alternate Plans

Posted By on Mon, Aug 8, 2016 at 3:23 PM

click to enlarge PHOTO COURTESY OF CRAIG REALTY GROUP
  • Photo courtesy of Craig Realty Group
Garfield Heights Mayor Vic Collova says that the company that had set about plans for an outlet mall in his city, Craig Realty Group, has backed off the idea.

Which isn't to say the California-based company isn't doing anything. It's just going to be something different, and because of confidentiality agreements and maybe the sting of announcing something that wasn't for sure only to see it fall through, we're not going to know what it is for a little bit.

"I've signed a confidentiality agreement, but the outlet mall is not coming here. [Craig Realty Group] is pursuing a different venture," Collova told Cleveland 19. "If this new direction comes to fruition, I'm certain there won't be any disappointed people in Garfield. They'll be very happy.

"They [the developers] came to us about the possibility of having something else there that would be more inviting to the city and its residents and the entire region and we agree with them," he said. "It’s not 100 percent written in stone, but if it comes through as planned, everyone will be pleased."

***

If all goes according to plan, a new outlet mall could open at the site of the abandoned Bridgeview Crossing in Garfield Heights.

Transportation Boulevard, Granger Road and I-480 border the property, where construction is expected to begin in 2017. A previous plan for a shopping center there bottomed out when Lowe's, the main planned tenant, pulled out of the plans in 2008.

The company behind the proposed transformation is Craig Realty Group out of California, which owns several outlet malls. In all, the company operates 13 outlet malls, primarily out west. The company has owned the mortgage on the property since 2010 and originally had no plans to build on the property, but changed course some time in 2014.

While still early in the design and planning process, the developer is working to widen an overpass to handle the influx of shoppers. That project alone is estimated to cost about $8 million.

The outlet mall, should it come to fruition, would be slated to open in 2018. 

(Hat tip cleveland.com)

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