A developer, Somerstone LLC, has purchased the property and already appeared before the village to present its plans to revamp the shopping center. The company had originally planned to relocate the Salvation Army to an adjacent, smaller storefront. However, an employee confirmed today that the store will just close its doors rather than move.
Somerstone had planned to relocate Salvation Army and a Planet Fitness location would move into the space left over. All signs still point toward Planet Fitness moving in and opening in fall or late fall.
Somerstone plans to invest some $1 million into renovations, landscaping, and repaving at the retail center. The Planet Fitness opening would be part of the first phase of the project. The second phase, pertaining to the southern portion of Colonial Plaza, is still a bit unclear at this point.
It looks like the southern half of the center could be razed, and apartments or condominiums built in its place. However, village officials are asking Somerstone to prepare a complete development agreement detailing both phases of its plan before moving forward.
Patch has contacted Salvation Army and Somerstone to get further explanations of the change in plans.