A Maryland-based real estate company could breathe some new life into an already busy intersection in Huber Heights.
Broad Reach Retail Partners plans to redevelop nearly 20 acres of land at the intersection of Taylorsville Road and Troy Pike in Huber Heights.
Huber Heights City Manager Rob Schommer said the company is still in the “due diligence” phase and has not purchased the land yet. Since the potential redevelopment is still in the early stages, the city has not become involved yet.
Schommer said the area’s proximity to the highway and to residential areas is something that brings a lot of business in.
“This development is right on target (with other developments in the area),” Schommer said.
Final plans will have to be approved by the Huber Heights planning commission and city council.
The redevelopment site is listed on Broad Reach Retail Partners’ website for $4 million. Broad Reach also redeveloped Waynestown Plaza across the street. Broad Reach has retail projects throughout the Midwest and East Coast, mainly in Maryland.
The company plans to redevelop the vacant properties that used to be the Vinebrooke and Swan Lake apartments. The apartments have been empty for a number of months.
Their plans for the site, which they plan to call Huber Heights Crossing, are still in the early planning stages.
Those plans include include tearing down the vacant apartments and redeveloping the area for new businesses, like restaurants, a furniture store and a daycare. There will also be new residential properties.
“That area is prime for redevelopment,” Schommer said, pointing to several recent developments in that area like Starbucks and Raising Cane’s.
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