*** Welcome to piglix ***

The Kenwood Collection

The Kenwood Collection
Kenwood-Towne-Place-2010-08-15.jpg
Kenwood Towne Place in 2010
Location Kenwood, Ohio
Coordinates 39°12′17″N 84°22′26″W / 39.204731°N 84.373843°W / 39.204731; -84.373843Coordinates: 39°12′17″N 84°22′26″W / 39.204731°N 84.373843°W / 39.204731; -84.373843
Management Jeffrey R. Anderson Real Estate
Owner Phillips Edison
Total retail floor area 336,885
No. of floors 8
Website thekenwoodcollection.com

The Kenwood Collection, formerly Kenwood Town Place, is a shopping center in Kenwood, Ohio, United States, between Interstate 71 and Kenwood Towne Centre.

Kenwood Towne Place was a $175 million development project funded by Bear Creek Capital, Neyer Holding Corporation and Dov Limited. Groundbreaking for Kenwood Towne Place happened on April 4, 2007. Kenwood Towne Place also includes a $33 million public parking garage funded by bonds underwritten by the Port of Greater Cincinnati Development Authority.

The original anchor tenants were supposed to be The Container Store, Crate & Barrel, Ethan Allen, Kroger, and LA Fitness. In March 2008, Borders Books announced that it would open a store in the complex, stating "It's going to be one of their new prototype stores, which I think they're doing so many across the country. It's a higher-end bookstore experience." It was set to be a 28,000-square-foot (2,600 m2) Borders new-concept store.

In March 2008, UBS Financial Services Inc. signed a deal to lease 32,000 square feet (3,000 m2) of the office space on the top floor.

Kroger opened a Fresh Fare store on October 26, 2008.

The Container Store opened on November 8, 2008

Crate & Barrel opened on November 20, 2008

On April 15, 2009, Mitchell's Salon & Day Spa opened.

At the end of December 2008 and the start of January 2009, several contractors filed almost $5 million in liens against Bear Creek Capital's Kenwood Towne Place.

In late January 2009, problems with the development project began to surface, as more than two dozen liens were filed that had a combined total value of $17 million over a two-week period. While the liens were being placed, the complex was partially under construction and partially occupied by several stores, leaving them in a state of limbo.

The lenders stopped making disbursements on all parts of the project until all of the liens had been cleared up; in February 2009, there were over 80 outstanding liens.


...
Wikipedia

...