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Council signs predevelopment path for Town Mall redevelopment with Midland Atlantic
Summary
Council authorized a predevelopment agreement with Midland Atlantic Development Company LLC to conduct due diligence on the Town Mall (Galleria) site; the agreement sets a February 2026 deadline for the developer to complete investigations and decide whether to proceed.
MIDDLETOWN, Ohio — City Council on Aug. 5 approved a predevelopment agreement with Midland Atlantic Development Company LLC for the former Town Mall (Galleria) site on Roosevelt Boulevard, allowing the developer to conduct due diligence work necessary before a formal purchase and development agreement.
City staff said the agreement does not obligate city funds and is intended to move the site toward a mixed‑use redevelopment with retail and residential components. Jacob Schulte, community development staff, said Midland Atlantic has been selected through a request‑for‑qualifications process and will have until Feb. 2026 to finish studies, secure anchors and decide whether to move forward with acquisition and a development agreement.
The predevelopment agreement includes protections for the city if the project does not reach expectations and directs coordination on remediation and demolition plans, including use of existing brownfield demolition funds. Schulte said the city will work with Midland Atlantic and its engineering consultant, Patriot Engineering, to align demolition and remediation scopes with the developer’s plans.
Council members praised staff for continuing work on the site and urged coordination with the developer on the brownfield remediation funding that remains available. No city funding was committed at the predevelopment stage; the next phases will include a development agreement, purchase and sale terms and any required incentives or demolition contracts.
