Tri-County Mall announces completion date ahead of redevelopment project

The Tri-County Mall is permanently closing ahead of a planned redevelopment project for the property. The mall will close its doors permanently on May 15th.” Our new owners have big plans for the redevelopment of the property, it is with sadness that we announce that the Tri-County Mall will be closing its doors permanently on Sunday May 15th, 2022 will. We hope to see you all again very soon to create new memories,” the mall said in a statement. Officials said Outback Steakhouse, Mi Cozumel, Chipotle, Starbucks, Men’s Wearhouse, Bj’s and Open Box Outlet will remain open. MarketSpace Capital and Park Harbor Capital announced earlier this month that they have officially purchased the Springdale mall. “It is the largest project in the history of our city and one of the most ambitious undertakings that our entire region has ever seen. It will create jobs, inspire communities, encourage learning and stimulate growth. I couldn’t be more excited that we’re now officially on our way,” Springdale Mayor Doyle Webster said in a statement. Springdale City Council unanimously approved the $1 billion project weeks ago. Construction Slated to begin later this year, the project is expected to transform the mall into one of the largest mixed-use developments in the state, and will include new residential communities, restaurants, retail and office space, educational facilities, entertainment and recreation areas, a culinary center and 15 acres of green space, among others a dog-friendly restaurant with an attached Park STEAM (Science, Technology, Engineering, Arts and Mathematics) institute built for the Princeton School District.”This development, and the ultimate partnership with MarketSpace Capital and Park Harbor Capital, will not only serve the Princeton School District, but fundamental to the entire region he importance,” said Tom Burton, superintendent at Princeton ISD, in a statement. “Princeton STEAM Institute will continue to provide opportunities for our students to fill the workforce gap that pervades our region, state and country. Creating opportunities for our students to prepare for anything and everything life throws at them is another example of bridging this opportunity gap. “The project will be built in five phases, which are expected to be completed in about 10 years. The first phase is scheduled to start this year to build multi-family housing, retail space and recreation space.” America’s malls have struggled for many years and the prospects for them are just getting no better,” said Michael VanHuss, managing partner of Park Harbor Capital, in a statement. That’s why we’re so excited to partner with the community and an incredible group of professionals to create an iconic destination that families can visit and enjoy for a very long time.”

The Tri-County Mall is permanently closing its doors ahead of a redevelopment project planned for the property.

The shopping center will finally close its doors on May 15th.

“Our new owners have big plans for the redevelopment of the property. While we look forward to the future, we are saddened to announce that the Tri-County Mall will be permanently closing its doors on Sunday, May 15, 2022. We hope to see everyone. They will create new memories again very soon,” the mall said in a statement.

Officials said Outback Steakhouse, Mi Cozumel, Chipotle, Starbucks, Men’s Wearhouse, Bj’s and Open Box Outlet will remain open.

MarketSpace Capital and Park Harbor Capital announced earlier this month that they have officially purchased the Springdale mall.

“It is the largest project in the history of our city and one of the most ambitious undertakings that our entire region has ever seen. It will create jobs, inspire communities, encourage learning and stimulate growth. I couldn’t be more excited that we’re now officially on our way,” Springdale Mayor Doyle Webster said in a statement.

Springdale City Council unanimously approved the $1 billion project weeks ago.

Construction is due to start later this year.

The project aims to transform the mall into one of the largest mixed-use developments in the state. It will include new residential communities, restaurants, retail and office space, educational facilities, entertainment and recreation areas, a culinary center and 15 acres of green space including a dog-friendly restaurant with an attached park.

A STEAM (Science, Technology, Engineering, Arts and Mathematics) institute will also be built for the Princeton School District.

“This development and the ultimate partnership with MarketSpace Capital and Park Harbor Capital will be fundamental not just for the Princeton School District but for the entire region,” said Tom Burton, superintendent at Princeton ISD, in a statement. “Princeton STEAM Institute will continue to provide opportunities for our students to fill the workforce gap that pervades our region, state and country. Creating opportunities for our students to prepare for anything and everything life throws at them is another example of bridging this opportunity gap.”

The project will be built in five phases, which are expected to be completed in approximately 10 years.

The construction of apartment buildings, retail and recreational areas is scheduled to begin in the first phase this year.

“America’s malls have struggled for many years, and the outlook for them is no better,” said Michael VanHuss, managing partner of Park Harbor Capital, in a statement. “The city of Springdale and the greater Cincinnati area felt this impact firsthand with the demise of the Tri-Country Mall. That’s why we’re so excited to work with the community and an incredible group of experts to create an iconic destination that families can visit and enjoy for a very long time.”

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