The City of Upper Arlington announced today that a developer has been chosen to redevelop the former Macy’s store – and surrounding parking lot – at the Kingsdale Shopping Center.
The six-acre parcel, which was bought by The Kroger Company for $10.5 million in 2015, is now in contract and will transfer to the Continental Real Estate Companies within the next three months, according to a press release.
The Columbus-based firm is currently developing the Arlington Gateway project at the corner of Lane Avenue and North Star Road, and was also the company behind the 2010 redevelopment of Kingsdale, which included the construction of a new Giant Eagle Market District.
“The opportunity to oversee the redevelopment of this significant parcel of land at Kingsdale is exciting for us, since it builds on the work that we undertook several years ago,” said Continental CEP Frank Kass in a statement. “I am confident that our mixed-use vision will greatly enhance what has already been achieved at Kingsdale.
That vision, according to the announcement, will include apartments, office space, restaurants and senior housing, all supported by structured parking. Also likely to be included is space for a community center that would be operated by the city.
“Since the beginning of 2020, the City and The Kroger Company have had very cooperative discussions about the future of the site,” said Upper Arlington City Manager Steven Schoeny. “Those discussions focused on the need to move forward in a manner that is consistent with Kingsdale’s Planned Mixed Use District zoning. We appreciate that Kroger kept us informed about their process for selling the property and helped to make sure that interested parties were aware of the special place that Kingsdale has in our community’s heart.”
The new plans will almost certainly call for the demolition of the existing building on the site, which was built as a Lazarus department store in 1970 and is on this year’s Most Endangered list from Columbus Landmarks.