<body><div><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=28d2h7_1DnLd9D400" alt="https://img.particlenews.com/image.php?url=28d2h7_1DnLd9D400" width="1200" height="600" >MAUMEE, Ohio (WTVG) - The Shops at Fallen Timbers has been sold to Timbers Town Center Ltd., which is investing $89 million into redeveloping the Maumee shopping center.The sale was finalized Tuesday night. Timbers Town Center is a group of developers whose previous projects include Easton Town Center in Columbus.<h2>Vacancy a concern for current tenants</h2>Of the 56 storefronts at the mall, just over two dozen are currently occupied. Ila Gupta, owner of Satrangi, an Indian boutique and event center, said foot traffic has dropped significantly since she moved into the mall three years ago.“When I opened, there were stores. They have gone. It is tough,” Gupta said.Gupta said she chose to remain at the mall despite the declining occupancy.“Any other person can choose to leave. I said, let me stay. Let me continue here and work towards not just Satrangi to grow, how it can make Fallen Timbers also grow,” Gupta said.<h2>Tenants hopeful but urge patience</h2>With the sale announced, Gupta said she hopes national and local businesses will move into the vacant spaces.“I feel that we will have all these, the empty roads will be full, there’ll be no parking space. People may be fighting for parking, waiting for that day,” Gupta said.Gupta also said current tenants should expect the redevelopment to take time.“When the child is born, he or she doesn’t start walking first day. That itself takes 11 months when child takes first steps, 10 or 11 months. So let us give them that much of time, I would say,” Gupta said.No timeline for the start of development has been announced. Timbers Town Center has said it wants to transform Fallen Timbers into a mixed-use destination with housing, entertainment, recreation and office spaces.Latest Local News | First Alert Weather | Crime | National | 13abc Originals</div></body>

Block Source: 13abc.com

Misinformation

Clickbait

Old or repetitive news

Explicit content

Location not relevant

MAUMEE, Ohio (WTVG) - The Shops at Fallen Timbers has been sold to Timbers Town Center Ltd., which is investing $89 million into redeveloping the Maumee shopping center. The sale was finalized Tuesday night. Timbers Town Center is a group of developers whose previous projects include Easton Town Center in Columbus.

Shops at Fallen Timbers sold to new ownership group

NewsBreak

MAUMEE, Ohio (WTVG) - The Shops at Fallen Timbers has been sold to Timbers Town Center Ltd., which is investing $89 million into redeveloping the Maumee sh

Shops at Fallen Timbers sold to new ownership group

Comments