Kroger had agreed to pay the township $1.8 million for the old Activity Center on Cox Road to clear the way for a 117,166-square-foot Marketplace. The deal was contingent on Regency being able to also purchase the Providence Bible Fellowship church and property from Chesterwood Village.
“We all knew this transaction and development would be a challenge and it simply looks like it will take more time on the part of Regency to make a Kroger deal work,” Township Administrator Larry Burks said. “We will, for now, leave options open regarding the sale of the Cox Road property.”
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