RICHMOND HEIGHTS, Ohio — The Richmond Heights Planning and Zoning Committee has approved the Belle Oaks at Richmond Road plan, which will bring mixed-use retail and multi-family development to the old Richmond Town Square location. You can click through all the information about the new project here.
Demolition on the old Sears building and construction on the first part of the mixed-use development could start before the end of 2021, according to Belle Oaks Communications Manager Jeremy Kumin.
The larger project will cost about $285 million and will bring 800 apartments and 375,000 square feet of retail space to Richmond Heights. Much of the old Richmond Town Square will be demolished and rebuilt as part of the project, said Kumin.
Renderings show room for new restaurants and other attractions around the already-redeveloped storage facility. The rest of the project has multiple designs that will be finalized when larger tenants are locked in based on their needs in the new space.
A Long Time Coming
In 2018, News 5 Cleveland spoke with businesses near Richmond Town Square about how declining traffic across the street was resulting in falling business in the surrounding stores.
Early versions of the redevelopment plan predicted that the shopping space would follow other traditional malls in being reimagined into a different kind of live, work, play experience, better reflecting modern shopping trends.
While some traditional shopping locations have become abandoned, others, like Van Aken District, have pivoted to attract new business. In the heart of Cleveland, Tower City is going through its own revitalization with newly-announced tenants, public events, and a key role in the city’s grand plan to redevelop its riverfront.
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