New Owner Of Former Medford K-Mart Building? 6/5/18
Many area residents are wondering what’s going to happen to the former Medford K-Mart building. While that answer is still unclear, there has been some movement on the ownership of the Medford Plaza.
The Medford Planning Commission met Monday night. The primary purpose of the meeting was to approve a certified survey map of the Medford Plaza and a resulting proposed land division. Chip Courtney, General Manager of the Medford Cooperative told the group that there are negotiations which could result in there being new owners of the former K-mart building by investors from Texas, and the possible subsequent sale of the current County Market building parcel. Mr. Courtney indicated that the Medford Cooperative is in negotiations to purchase the building which houses County Market, Black River Spirits and the former Maurice’s parcel along with a portion of the adjacent parking area. The Planning Commission approved the survey map.
Bob Christenson brought up concerns regarding zoning requirements. Chip Courtney reviewed a Reciprocal Easement Agreement which addresses and assures a mutual share of ingress, egress and parking for both property owners which the Planning Commission approved.