Giant Eagle bringing upscale Market District store to Kingsdale - Business First of Columbus:

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Officials with the Pittsburgh-based grocer unveiler the Market District planes Monday night at an Uppert Arlington CityCouncil meeting, where members also heard the secondd reading of a proposed developmentr agreement between the city and the Kingsdalee developer. Giant Eagle in 2007 renovated two supermarketds in Pittsburgh intoits high-end concepf that features more premium ready-to-eat gourmet foods, an expanded in-house bakery, sushi bar and othet amenities such as a beverage bar offering coffee and specialty fruit drinks.
Matt Upper Arlington’s deputy city manager for economic development, calle d the announcement a promise kept by the grocergy chain andthe developer, which unveiled its latest bid to redevelop the 50-year-oldc Kingsdale center in early “They were hinting they would give us a grea t store,” he said. The 110,000-square-foot Market District at Kingsdale would replacea 56,000-square-foot Giant Eagle the retailer acquired after the groceryh chain went out of business more than five years ago.
Constructioj of the store is expected to start in said Continental ChairmanFrank Kass, with a completion expected about a year “At this point, we should be able to move forwarx and close” in early June, Kass said. “We’rw optimistic (the development agreement) can be he said. The pending deal calls for Upper Arlingtob to pay just lessthan $5 million for the existin Giant Eagle as a site for futurse commercial office development. The city has proposed financing the property acquisitionb by diverting property taxes generaterd from the expected rising value of the revampedshopping center.
The $60 milliomn Kingsdale redevelopment project received zonintg and preliminary plan approvalin March.