Artisan Village still kicking after foreclosure fight [Video]

SPRINGDALE, Ohio — Artisan Village may not be dead after all.

Twenty days after two Texas developers missed the deadline for buying Tri-County Mall from their former lender, one of those developers has announced the re-acquisition of the 76-acre property in a deal that excludes its former partner.

Houston-based Market Space Capital formed a new company that is “affiliated with the previous ownership group” to repurchase the mall, according to its press release.

“We are thrilled to reignite the Artisan Village Cincinnati project and bring our vision of a dynamic mixed-use development to life,” said Mitch Syma, vice president of development at MarketSpace Capital. “Our commitment to the community and to creating a space that enhances the lifestyle and economic opportunities in Springdale is unwavering.”

Market Space partnered with Dallas-based Park Harbor Capital in 2022 to acquire the former Tri-County Mall for $28 million. The deal was financed by Reef Private Credit in Utah. Market Space did not reveal …