Demolition of the former Speedway building at Springboro’s central crossroads is set to begin on Tuesday, Dec. 12.
On Thursday, the city announced it had acquired the property through litigation with the Enon-based company.
The building is the last standing at the intersection of Ohio 741 and Ohio 73, Main Street and Central Avenue in Springboro.
“We are happy to announce that the city has finally taken ownership of the former Speedway building,” the city said in an email newsletter.
The city, through the Warren County Transportation Improvement District, is reconstructing the intersection.
‘The project is expected to cost more than $10 million and set the stage for redevelopment of the northwest corner of the intersection, a project in which the city has already invested more than $3 million.
In addition, the city said new traffic signal mast arms should be delivered and installed after Dec. 14.
With most curb and concrete work completed, the project will have a “winter shutdown” near the end of December, the city said Thursday.
The shutdown is planned “because the largest remaining item to complete is the final course of asphalt over the entire project area,” according to the city announcement. “Asphalt plants typically close during the winter and do not open again until spring,. Once the plants re-open in the spring, work will resume on the project.”
Landscaping is to be finished in the spring.