UNIVERSITY HEIGHTS, Ohio -- City leaders continue to make progress in seeing through the redevelopment of University Square.
Macy’s, 2201 Warrenville Center Road, owns its own building at University Square. An agreement dating to when University Square was built didn’t allow for apartments in the store’s vicinity. In a separate piece of legislation pertaining to the redevelopment project, council approved a motion to have CT Consulting perform a blight study to assess University Square’s status as a blighted property, at a cost not to exceed $8,000.Council passed both University Square pieces by votes of 6-0 .
Brennan then added, “At any time, Macy’s could come to the table in good faith and make this process a lot faster, but we’ve been waiting on them since May of last year, and if only Macy’s could have the enlightened self-interest to realize that this would be beneficial for all stakeholders, we wouldn’t have to do all this.to allow this development to proceed. If they would simply do that, we wouldn’t have to do this .
“Since its original conception, and the original issuance of TIF bonds in 2001, University Square has spent most of its existence falling short of expectations,” Brennan said in May 2020.
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