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Kingsdale Shopping Center: Vacancies are few as redevelopment project approaches
ThisWeek group
Nearly two decades after experiencing more than 50% vacancy rates, Kingsdale Shopping Center is thriving and in line for a major redevelopment.
Ahead of Upper Arlington City Council’s Nov. 30 agreement to move toward a tax-increment financing deal with Continental Real Estate Cos. for the redevelopment of the former Macy’s property at Kingsdale, Councilmen Brian Close and Jim Lynch said the proposed project was needed to bolster the vitality of the center.
Close said recent turnover at the center raised concerns about it “taking a step back,” and the Continental project would provide it with a “shot in the arm.”