Springboro officials approves IGA purchase

Springboro IGA expected to close. (WDTN Photo)
Springboro IGA expected to close. (WDTN Photo)

SPRINGBORO, Ohio (WDTN) – The future of Springboro is expanding; plans are underway for development projects that will revitalize the downtown area starting in 2017.

In 2 years, the city has plans with ODOT to begin a major construction project near State Routes 741 and 73, where city leaders consider it to be the heart of Springboro.

“I think it’s outstanding that we were in the forefront to grab this before someone else tried to get it,” Mayor John Agenbroad said. “Obviously, it’s been around for a long time. We work with the Preston Family for a long, long time so we want to be able to buy it and control what’s going to go there. It’s the centerpiece of our city. When you’re going through Springboro you have 73 and 75 and you want to make sure you control what’s going on there.”

The mayor says being proactive will benefit the city.

It is one reason city council approved plans to purchase nearly 7 acres of land, which will allow the city to start development simultaneously with its construction projects.

Agenbroad says his staff will work on finalizing purchase plans.

The areas include those owned by Preston and Preston properties; it’s near 20 West Central Avenue and 15 North Main Street.

Several retailers still remain at the shopping plaza, while others like IGA grocery store have left. Springboro Hardware plans to stay open until the end of March.

All together the plaza will sell for nearly $3.4 million.

City officials say it’s an investment worth making.

“It’s important because you know it all works together,” Agenbroad explained. “I mean, it’s not just one piece. It’s the whole thing, the whole project so that allows you more latitude of what you’re going to do when you control more of it then just some of it.”

City officials say the completion of the sale should happen sometime in mid-April.

Officials also say they plan to work with tenants currently at the shopping plaza and will uphold the terms of their current contracts through 2017.

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