Business & Tech

What Should be the Anchor Store at the Stow-Kent Plaza?

The mayor said an anchor store is needed before updates are made to the plaza.

The Stow-Kent shopping plaza has been mostly empty for quite some time and the aesthetics of the plaza is what most describe as an eyesore. But, Mayor Sara Drew said the owner of the property isn't interested in making any updates until an anchor store moves into one of the empty spots.

"That shopping plaza has been vacant for a long time ... it's a constant concern," said Drew. "The owner isn't interested in rehabbing the plaza until they have an anchor tenant — most anchor tenants will want the building renovated to meet their architectural demands."

Right now, in that plaza, some of the space is occupied. Some of the current tenants there are a Fitworks, Subway and Macy's — which is the top producing Macy’s per square foot in Ohio, the mayor said.

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Drew said it's "understandable" that the the owner wants an anchor tenant to commit before making improvements.

Until then ... "It continues to be an eye sore in the meantime," said Drew.  

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Drew said she and her administration are always trying to find tenants for that plaza. There are also tax incentives offered by the city and fees that could be waved for potential tenants.

"We are not sitting back and waiting for developers to do all the work. We are always trying to encourage companies to move in," she said, adding she met with a potential tenant (that should could not name) two weeks ago.

So, Patch wants to know, what anchor store would you like to see move into that plaza? Tell us in the comments section.


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