Washington Prime to redevelop Sears’ space
BOARDMAN — Washington Prime Group Inc., which owns the Southern Park Mall, announced today a multimillion-dollar redevelopment project to transform the soon-to-be closed Sears space.
The company is in discussions with new tenants, which will be announced in the future, for the high visibility anchor space currently occupied by Sears.
Washington Prime proactively negotiated an early termination of the lease to gain control of the real estate and commence redevelopment efforts.
“The redevelopment opportunity at Southern Park Mall further illustrates our mandate to diversify tenancy and establish this asset as the dominant town center within the Youngstown Metropolitan Statistical Area,” said Lou Conforti, CEO and director of Washington Prime.
Sears announced Thursday it would close the Boardman Sears in mid-July.