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Mayor: Mall Property Has Been Sold; City Awaiting Buyer Plans
Summary
Mayor Scott James confirmed a sale of the downtown mall property but said details are covered by a nondisclosure agreement and no redevelopment plans have been shared with the city.
Mayor Scott James said the downtown mall property in St. Albans has been sold, but city officials have not been given details about prospective tenants or redevelopment plans because of a nondisclosure agreement.
The sale was described as public information but, James said, “I gotta be careful because I signed an NDA nondisclosure agreement, but it has been sold, and it's public information.” He added that the new owner has visited the site “3 or 4 times” and is “very excited about that property.”
Why it matters: the mall site is one of the larger commercial parcels in St. Albans and could affect local sales tax revenue, jobs and downtown foot traffic if a tenant or redevelopment plan is announced.
City staff told the podcast they have not been provided company names or specific redevelopment plans and that any future announcements will be handled publicly when the buyer permits disclosures. James said a press conference is possible once details can legally be shared: “I look forward to the day I can do that.”
The mayor did not provide a timetable or identify any parties involved. He said social media has circulated speculation and that residents have many ideas about future uses, but the city cannot confirm any of them until the buyer releases information.
Ending: James encouraged public interest and said the city sees the sale as a positive step: “That excitement excites me.” He did not provide further financial or contractual details on the podcast.
