Ohio shopping mall to be transformed in $1b project
Transactions - MARCH 9, 2022

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Ohio shopping mall to be transformed in $1b project

by Andrea Zander

MarketSpace Capital and Park Harbor Capital have closed on their purchase of Tri-County Mall, located in Springdale, Ohio. The transfer of ownership to the Texas-based co-developers marks the beginning of a new era for one of Greater Cincinnati's most recognized destinations.

“Today is a day many of us dreamed of but never thought would happen,” said Springdale Mayor Doyle Webster. “It's the biggest project in the history of our city and one of the most ambitious undertakings our entire region has ever seen. It will bring jobs, inspire community, cultivate learning, and ignite growth. I could not be more excited that we are now officially on our way.”

The $1 billion Tri-County Mall Redevelopment project is set to begin construction later this year. The project will transform the largest — and mostly vacant — shopping mall in Greater Cincinnati into one of the largest mixed-use developments in the state. It will include new apartment communities, re

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