ShoppingTown Mall to redevelop
After years of court battles and tenant leaks, a new chapter may soon begin for ShoppingTown Mall in DeWitt.
A joint group of four local development companies have been selected to purchase and redevelop the property, Onondaga County Manager Ryan McMahon said on Wednesday.
OHB Redev LLC, which is made up of Redev CNY, Hueber-Breuer Construction, DalPos Architects and Housing Visions, will lead the transition to what will be known as District East.
The goal is to transform the property into five neighborhoods, which include residential housing, entertainment, restaurants and hotels, retail and offices, the county said.
In addition, approximately 400 construction jobs will be required during the redevelopment and another 1,400 full-time permanent jobs are expected when fully redeveloped.
This is the latest chapter in a multi-year saga that has been highlighted by the county executive since taking office in 2018. McMahon has regularly publicly criticized the mall owner for years of taxes unpaid bills while tenants continued to move.
“We couldn’t be more excited to celebrate this new chapter for the ShoppingTown mall site,” McMahon said in a statement. “With the selection of OHB to redesign this site, our community can finally expect to read about big openings, job openings and progress instead of tax evasion and closures. This investment will translate into real opportunities for people of all socioeconomic levels, will generate sales tax dollars that will help us fund the county government and keep property taxes low and most importantly, continue our momentum towards economic recovery after the COVID-19 pandemic.
OHB Redev LLC will purchase the property for $ 8 million. Over the next few years, they will invest at least $ 300 million in the site, according to the county.
“The ShoppingTown site is both an incredible opportunity and a huge undertaking, and we are honored to have been selected by the county to advance this important regional project. In everything we do, we focus on building a CNY – the place where we raise our children – to be a better, more vibrant and fair place, ”said Ryan Benz, partner of OHB Redev.
The development team encourages community feedback through a portal on the project website.