PHOTO BY MICHAEL OAKAR
Saturday, January 19, 2019, Market Plaza, Southeast Corner of W. 25thand Lorain Avenue: The Cleveland Plain Dealer and Cleveland.com reported on January 16ththat Market Plaza shopping center has been sold for $5.85 million. According to the article by Michelle Jarboe, the shopping center was purchased by an affiliate of Harbor Bay Real Estate Advisors, a Chicago-area developer. Plans call for demolishing the current shopping center and replacing it with a mixed-use development with 260 apartments, offices, retail space, and 560 underground parking spaces. The new development is targeted to open in the spring of 2021.