Hadley Township: Pace Properties to Update City on Buyout Talks
The developer is planning a $125 million retail project just south of The Heights community center. Richmond Heights City Council will hear an update at its Monday night meeting.
Representatives from Pace Properties are expected to update the Richmond Heights City Council on Monday night about their buyout discussions with Hadley Township property owners.
The company has proposed a $125 million retail development just south of The Heights community center. It has set up an office on Hanley Road in conjunction with Menards, which plans to develop the section of Hadley just north of Walmart and other Maplewood Commons stores. The two companies are using the space to discuss buyout offers with property owners.
Earlier this month, a Menards representative told City Council that the hardware chain was as much as two months behind schedule.
The Monday meeting begins at 7:30 p.m. at City Hall.
More about Hadley Township redevelopment on Patch:
RDBet
10:41 am on Monday, August 20, 2012
My oh my, what nice large rectangles in that picture. And when that big ole Menard's sign is up, it will only look better.