property details

Belle Oaks Marketplace - Phase 3

Total SF 193,280
691 Richmond Road, Richmond Heights, OH, USA
property details

Belle Oaks Marketplace - Phase 3

Total SF 193,280
691 Richmond Road, Richmond Heights, OH, USA
The Redevelopment of the former 70-acre Richmond Town Square Regional Mall, Richmond Heights, Ohio (Cleveland MSA) into a 1.7 million square foot mixed-use, live-work-play urban campus community presented by DealPoint Merrill, LLC (Sponsor) Construction to commence 2nd Quarter, 2023.  The project is comprised of a 798 luxury one and two-bedroom luxury apartments, 159,000 square-foot Meijer Grocery Supercenter, and 120,725 square feet of restaurants and daily-needs retail. 

The project is being developed in "three phases" which is further described in more detail.

For more information please visit https://belleoaksmarketplace.com

Phase 3:  Phase 3 is part of Belle Oaks Marketplace, a master planned, mixed-use development consisting of 27.4 acre development that includes a 159,000 square feet Meijer Supercenter Grocery Store with a long term ground lease.  Additionally, Phase 3 has 7 outparcels for stand-alone restaurant and retail buildings. According to Meijer, the Meijer Supercenter grocery store is expected to have approximately two million customer visits per year. As part of the master planned development Life Storage (Not a Part) is operating a 160,000 square feet class A climate controlled self-storage on approximately 2.3 acres. Phase 3 construction is expected to start in the 1st quarter 2023. The Meijer Superstore lease should be executed in the second quarter 2023. 

Phase 3 - 27.4 acres 
.      Total Retail Square footage:  193,280 sf 
·      Meijers:  159,000 sf 
·      Firestone:  11,240 sf 
·      Outlot Building 15:  1,840 sf 
·      Outlot Building 16:  2,420 sf 
·      Outlot Building 17:  4,600 sf 
·      Outlot Building 18:  4,600 sf 
·      Outlot Building 19:  4,980 sf 
·      Outlot Building 20:  4,600 sf 

Ready to Invest?

Property Snapshot
Phase 3:  Phase 3 is part of Belle Oaks Marketplace, a master planned, mixed-use development consisting of 27.4 acre development that includes a 159,000 square feet Meijer Supercenter Grocery Store with a long term ground lease.  Additionally, Phase 3 has 7 outparcels for stand-alone restaurant and retail buildings. According to Meijer, the Meijer Supercenter grocery store is expected to have approximately two million customer visits per year. As part of the master planned development Life Storage (Not a Part) is operating a 160,000 square feet class A climate controlled self-storage on approximately 2.3 acres. Phase 3 construction is expected to start in the 1st quarter 2023. The Meijer Superstore lease should be executed in the second quarter 2023. 

Phase 3 - 27.4 acres 
.      Total Retail Square footage:  193,280 sf 
·      Meijers:  159,000 sf 
·      Firestone:  11,240 sf 
·      Outlot Building 15:  1,840 sf 
·      Outlot Building 16:  2,420 sf 
·      Outlot Building 17:  4,600 sf 
·      Outlot Building 18:  4,600 sf 
·      Outlot Building 19:  4,980 sf 
·      Outlot Building 20:  4,600 sf 
property DOCUMENTS

Belle Oaks Marketplace - Phase 3
Site Location & Documents

Property Photo 1
Property Photo 2
dpm