Richmond Heights, OH – (PR Newswire) June 16, 2021, DealPoint Merrill and Belle Oaks Marketplace, a 69-acre development, announce the acquisition of the former La Fiesta Restaurant property located at 5115 Wilson Mills Road, adjacent to the Richmond Town Square Mall. This property expands the total frontage of the new Belle Oaks Marketplace development along its northernmost Wilson Mills Road border.
About the Belle Oaks Marketplace:
The Belle Oaks Marketplace development is expected to top 1,617,800 square feet*. Belle Oaks Marketplace will be the pre-eminent mixed-use, multi-family community in the region. The 69-acre site will be a pedestrian-friendly environment with a walkable street grid surrounding a $10M+ landscaping plan that includes lush greenspaces and best-in-class amenities. Once fully envisioned, the project will consist of 791 Class-A apartment units with approximately 315,000 square feet of retail, including a completely renovated Regal Cinema 20-screen theater complex.
* Square footage calculation assumes the acquisition of the balance of the mall property, approximately 907,102 square feet, South of the former Sears property that DealPoint Merrill of Woodland Hills, California already owns.