UPPER ARLINGTON, Ohio -- According to Upper Arlington officials, there have been 15 years of debate over what to do with Kingsdale shopping center.
City Council voted unanimously to let Continental Real Estate -- a local developing company -- purchase the shopping center from its current Florida owner, Regency, for $20 million.
The City of Upper Arlington approved spending $5.3 million to facilitate office development for the property.
The funding will be added to $15.7 million being spent by Continental in construction. It will be used once considerable construction is completed on the property.
A brand-new Giant Eagle is in the works for the Kingsdale Shopping Center. The grocer could be installed in the center by 2010.
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