Land at Whitney-Pearl Sold, Clearing Way for Development
Restaurant, gas station already eyeing vacant property
WXZ Development Inc., which has already proposed building an O'Charley's restaurant and a Sheetz gas station at the corner of Whitney and Pearl roads, is a step closer to breaking ground. The vacant 17 acres, which has been tied up in bankruptcy and foreclosure for years, was sold Tuesday at a sheriff's auction. Old National Bank of Evansville, IN was the sole bidder, paying the minimum price of $3,333,334 for the land. "Old National Bank will be the owner, but WXZ will be the preferred developer," Strongsville Economic Development Director Brent Painter said. "They've been in partnership." WXZ will take over the long-in-coming development at Pearl and Whitney roads, picking up where the Toledo-based Timberstone development group left off …
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Debbie Palmer
7:31 am on Thursday, July 5, 2012
O'leary, the Sheetz issue hasn't been decided yet. more ›