Lake City company plans to buy Regency Square Mall. Here's what we know:

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The contract for the plan is not finalized, but Blackwater Development lists Publix, Planet Fitness, and Wawa as sone of its clients.

7:59 PM EDT October 18, 2023announced its plan to purchase the 56-year-old mall. The address listed on its business license is in Lake City.took the 60-mile trek to Lake City to the address listed on the business license and wound up at a bridal shop off Highway 90.The address listed on the business license for the company buying the Regency Square Mall is the same as a bridal shop in Lake City.

Management at The Rhythm Factory, a business leasing space in the mall, said they’re staying optimistic, especially with a local company possibly taking over. Butler mentioned business has taken a bit of a hit since news of the sale broke, and they’re handling more calls than ever from people wondering what’s going on at the mall.He’s hoping they’ll get word soon from either the company selling or the one buying about what this sale means for their lease.

 

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Lake City-based company looking to revitalize Regency Square Mall as it seeks to buy troubled shopping centerNews4JAX has learned the company interested in purchasing the Regency Square Mall after its current management of the shopping center put the mall up for sale after nine years of ownership.
Source: wjxt4 - 🏆 246. / 63 Read more »