TIFFIN, OH – One of the most-speculated things in Tiffin right now would have to be the future of the Tiffin Mall, which has more or less been “dead” for the past several years with only a few stores remaining, and everyone’s favorite place at the mall: Xcaret Mexican Restaurant.
As you may remember, the Tiffin Mall was purchased in 2016 by Key Hotel and Property Management, a Toledo-based real estate development and management company. The group purchased Tiffin Mall for $2.2 million from Tiffin Mall Realty, which itself is owned by the Kohan Retail Investment Group out of New York.
Realistically, the only remaining store in the actual indoor mall would be the Mexican restaurant, although it also has outdoor access. There are some other tenants as well, however, they’re a departure from what you’d normally find in a shopping mall. Those tenants include Family of Faith church and Dance Unlimited Studio. All other tenants have direct outdoor access, such as Don’t Panic Tattoo Studio and Seneca County Radio. It’ll be interesting to see if they end up flooring the entire property to make way for strip malls and other developments (likely), or try a “round 2” for the indoor mall (unlikely) – let us know in the comments what you think.
KHPM CEO Steve Roumaya had this to say about Tiffin: “For the last couple of years, the retail market has been hot in Tiffin, and we see that there is significant demand for additional shopping options,” he said. “We look forward to working with all existing mall tenants as well as other area businesses to help them succeed, and we appreciate all the support we are receiving from the City of Tiffin and SIEDC.”
Roumaya established Key in 1994 and has been involved in several successful development projects in Ohio and Michigan, including Bancroft Village and Suder Shoppes in Toledo, Navarre Crossings in Oregon, and River Valley in Monroe, Michigan. Ohio.
The Tiffin Mall opened in 1980 and was built by Developers Diversified Realty (DDR) based out of Cleveland, Ohio. In 2005, DDR constructed the movie theater now occupied by Cinemark, and they sold the mall in 2012 to the Kohan Retail Investment Group.
Let us know in the comments what you think.
Check out this video featuring the OLD Tiffin Mall in 1992, which had thriving businesses! “Together We Grow” featuring news anchor Christi Paul.