Friday, April 20, 2018 Elyria 39°
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6. Midway Mall sold; Elyria tries to lure Johnny K's Powersports to former Macy's

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    Midway Mall; Main building/entrance

    KRISTIN BAUER / CHRONICLE

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    Midway Mall; Main building, JC Penney

    KRISTIN BAUER / CHRONICLE

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    Midway Mall; Main building, Wasabi Steakhouse

    KRISTIN BAUER / CHRONICLE

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    Midway Mall; Main building, Dunham's Sports

    KRISTIN BAUER / CHRONICLE

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    Midway Mall; Main building, Sears and Best Buy

    KRISTIN BAUER / CHRONICLE

  • 071217-MIDWAYMALL-KB07

    Midway Mall; Main building, Sears

    KRISTIN BAUER / CHRONICLE

  • 071217-MIDWAYMALL-KB04

    Midway Mall; Main building

    KRISTIN BAUER / CHRONICLE

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    Midway Mall; Main building

    KRISTIN BAUER / CHRONICLE

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    Midway Mall; signage

    KRISTIN BAUER / CHRONICLE

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Speculation over who would purchase Midway Mall and what they planned to do with the shopping center dominated much of the year. But it all came to a head this summer, when the mall was sold at auction in July and the new owner was revealed in August as Igal Namdar.

The owner and president of the privately held investment and management firm, Namdar Realty Group, purchased Midway Mall at auction for just under $4.5 million through a limited liability corporation, Elyria Realty. Namdar has not publically announced any plans for the mall, but Mayor Holly Brinda has portrayed a cautiously optimistic outlook while also working on deals related to property surrounding the mall to help strengthen the overall area.

One such deal is a plan that would see Johnny K’s Powersports, a retailer of recreational vehicles and boats, turn the former Macy’s department story into its flagship location, offering the mall as a new anchor. City officials are backing the plan with a $500,000 investment loan and tax incentives in the hope it will attract others to the mall.



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