Bill Singer, Englewood development director, did not know Friday who the end user might be for the land. But he said city leaders have high hopes for the area.
The land is zoned “C-4” for commercial, administrative offices, sales, service and industrial uses. It’s highly visible for motorists coming off the interstate, Singer noted.
He said no one has approached the city yet with a development plan for the site.
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“This is one of the most bizarre things. … I’m glad it actually sold. I’m surprised it went that high,” Singer said.
That property has been under contract for a while, but he didn’t know with whom.
Tearing down the inn at that site “was a great win for the city,” Singer said.
Springtime Investments LLC was incorporated in Dayton two years ago to acquire commercial real estate, according to an Ohio Secretary of State filing.