Wednesday, January 18, 2012

$300M Liberty Town Square Project Plans Revealed

Steiner + Associates announced its plans to break ground next year on a $300 million retail project at the Liberty Way Interchange off Interstate 75 in Liberty Township, OH. Yaromir Steiner, CEO of Steiner, presented details of the project to more than 60 local business owners, residents, state representatives and Liberty and West Chester officials Tuesday night at the Ronald Reagan Lodge in Voice of America Park.

The Liberty Town Square project will include office space, department stores, theaters, and housing. The first phase of the development, planned for 1 million square feet, is expected to cost close to $300 million. "We improve the quality of life. The project becomes the heart and soul of the community," said Steiner, "by improving the desirability of surrounding areas and the ability to attract and retain businesses."

"This is not another shopping center. This a destination and this is a totally new concept. Hopefully, everyone in this room will get behind this project and encourage the powers to be to make sure that this happens in Butler County," said Courtney Combs, former Butler County Commissioner and State Representative in the 54th House District.

Pat Hiltman, a Liberty Twp. trustee, said the development that the township has been working on with Steiner for more than five years is a game changer. "The most unique thing about this is we've broken barriers down. We've got a ton of politicians in here — some of us are career politicians and some of us aren't, but we've broken the barriers down and we're no longer West Chester and Liberty Twp. This is Butler County. In reality, this is southwest, Ohio. This thing is a major game changer," said Hiltman.

"The more cars through I can get running through here, up and down Cincinnati-Dayton Road, it really benefits, personally, my business," said Michael McHugh, of Skip's Bagel Deli.

For more news and information visit Blumberg Capital Partners.

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