Skip to main content

New name unveiled for massive mixed-use redevelopment of Tri-County Mall

SPRINGDALE, Ohio (WXIX) – The new mixed-use development replacing Tri-County Mall will be called “Artisan Village.”

Texas-based co-developers MarketSpace Capital and Park Harbor Capital on Monday announced the brand building on more than 200 years of Springdale history.

The developers also announced that the price of the project has increased by $300 million to around $1.3 billion, according to our media partners at the Enquirer.

BSB, a Cincinnati-based marketing and consulting firm, created Artisan Village, referring to the “skilled makers” who founded, built and decorated Springdale Village in the early 19th century.

Springdale was established in 1805 by John Baldwin, a pioneer, blacksmith and scythe maker who attracted other merchants, tailors, shoemakers and inventors.

“Families lived above, behind or next to a certain type of workshop. And the shop was so much more than where you plied your trade, it was really the center of family and social life, so work and home were completely integrated,” said BSB Founder and CEO , Kash Shaikh. “That first village served as a model for what we all hope to create – and recreate – with the new development.”

Springdale’s history, the developers say, will not only permeate the project’s branding, but also its design, architecture, street names, partnerships and tenants.

Sohail Hassan, Managing Partner of Marketspace Capital, said, “We are truly honored to take one of the most authentic aspects of Springdale’s history – its centuries-old commitment to artisans and creators – and intentionally weave it all together. throughout this new development. This name fits so well with our vision of the property as a destination worthy of a trip, a place to live, and a tight-knit community of artisans and makers.

The name of the project remains incomplete, according to the Artisan Village website. The developers are asking for comment on three potential subtitles referencing three distinct periods in Springdale’s history.

The story continues below.

Preliminary site plan for the redevelopment of the Tri-County shopping center.(City of Springdale/BHDP)

Developers acquired the property for $37 million in March, setting in motion the billion-dollar project that promises to turn the mall into one of the largest mixed-use developments in the state.

Most retail space is expected to be fully vacant by May 15. Some tenants will remain including BJs, Mi Cozumel, Nail Perfection, Rainbow Apparel, Eyebrows, Champs Sports, Body Jewel, American Tower, Open Box.

Outside tenants will also continue to operate: Starbucks, Chipotle, Outback Steakhouse and Men’s Warehouse.

The developers’ concept plan was quickly approved by the Springdale City Council last December. It provides for 2,600 residential units in 20 buildings on the 76.5 acre site. Buildings can have a maximum height of ten stories.

Another 39 buildings will contain retail space, offices, bars and restaurants, entertainment offerings, leisure facilities, fitness centers, hotels and more. Fifteen hectares will be devoted to green spaces. One of the restaurants, according to the promoters, will accept dogs.

The current garages totaling 3,100 combined parking spaces will be retained. Additional, structured surface parking could also be part of the development.

Schools in the city of Princeton will be represented on site with a 120,000 square foot. STEAM (Science, Technology, Engineering, Arts and Mathematics) Institute that Superintendent Tim Burton has called “transformational”.

The mall’s five-phase redevelopment is expected to take a full decade.

The first phase is expected to begin this summer and open in 2024 at a cost of $500 million. It will initially include 450 multi-family apartments as well as retail space, restaurants, recreation spaces, a fitness center, park, and walking and biking trails.

See a spelling or grammatical error in our story? Please include the title when you Click here to report it.

Copyright 2021 WXX. All rights reserved.