Springboro delays hiring real estate agent for redevelopment

City buys shopping plaza for $3.1 million

SPRINGBORO — The Springboro City Council has delayed hiring a commercial real estate agent to manage the Springboro IGA Plaza during redesign and redevelopment of Springboro's central intersection.

At tonight’s meeting, the council was supposed to consider paying Mark Fornes Realty $4,000 a month to “manage all rent collections, utility payments, payments for parking lot and grass maintenance as well as work with existing tenants to find them suitable space for relocation within the city,” City Manager Chris Thompson said in a staff report in anticipation of consideration of the contract at today’s city council meeting.

The city is purchasing the plaza, as well as helping to fund redesign and improvements at Ohio 741, Main Street in Springboro, and Ohio 73, Central Avenue in Springboro. The road improvements and redevelopment are expected to cost more than $12 million, $9 million from city funds.

However the item involving hiring Fornes was pulled from the agenda, although Thompson said it could be brought back at the council’s next meeting on Nov. 19.

The city closed this week on the purchase of the plaza for $3.1 million from the Preston family, which operated an IGA supermarket there.

At the council meeting, the council did approve paying Mak/Solve, an environmental engineering firm, no more than $294,750 to assist with cleaning up the 6.8 acre plaza.

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