After years of legal discussions and financial negotiations, the redevelopment of the University Square shopping center in University Heights, Ohio is finally set to begin. Mayor Michael Dylan Brennan announced at a City Council meeting that he had signed documents needed for the sale of University Square to local developers Kowit & Co. Real Estate Group.
The project, which has been a long time coming, is a welcome development for the community as University Square has been a blight on the area for quite some time. The local developers, Brad Kowit and Gregg Levy, are known for their commitment to revitalizing neighborhoods and are excited to take on this project.
The redevelopment of University Square is expected to bring new life and economic activity to the area, creating jobs and attracting new businesses. The community has been eagerly anticipating this project and is hopeful that it will be a successful endeavor.
The sale of University Square to KL Holdings marks a significant milestone in the redevelopment process, signaling that the project is moving forward. The developers are working closely with city officials to ensure that the project is completed efficiently and in accordance with community needs.
Overall, the redevelopment of University Square is a positive step forward for University Heights, bringing new opportunities and improvements to the area. Residents are looking forward to seeing the progress and benefits that this project will bring to their community.
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Photo credit www.cleveland.com
