LEDC seeking tenants for new strip mall
SOUTH POINT, Ohio — The Lawrence Economic Development Corp.is looking for tenants for a five-unit, 8,800-square-foot strip mall being built adjacent to the Chamber of Commerce office on Collins Avenue.
The largest unit, of 2,400 square feet, will be occupied by Bellacino’s restaurant, said Bill Dingus, executive director of the chamber and the development corporation. One other 1,100-square-foot unit also has a potential client, Dingus said Monday.
“We hope to open the restaurant when the traffic circle is completed later this year,” Dingus said. “We don’t want to have a restaurant opening until the traffic circle is open to traffic.”
Construction on the $1 million project started earlier this month on a $1.9 million traffic circle at the South Point exit of U.S. 52. The project is scheduled to be finished before the end of the year.
“We’re looking for a financial institution for one of the other units,” Dingus said. “We have close to 700 employees at The Point. That would be a good spot for a branch bank or a credit union.
“I also would like to see one more food-related tenant,” Dingus said.
The development corporation is leasing units in the strip mall that will be visible from four-lane U.S. 52.
There will be some 91 parking spaces for the strip mall, according to Jeremy Clay, director at The Point who is overseeing the construction project.
Bellacino’s will have seating for 76 people, Clay said.
The other units available for rent include a 2,200-square-foot space and two 1,100-square-foot spaces, he said.
“We’re building this ourselves,” Clay said. “We have a dozen or more subcontractors working on it right now.”