Dayton's longtime stable Mendelsons is going out of business. The developers of Water Street are working on refurbishing it to upscale housing. |
He has decided to sell his store to the developers of the Water Street district near the Fifth Third Baseball stadium.
Columbus development company Crawford Hoying is working on turning the property to upscale apartments and small businesses.
The store was located on East 1st Street in downtown Dayton.
Mendelsons was a stable of the community.
They were the last places in the Midwest to have a elevator operator.
The deal could net Sandy Mendelson and his employees $100 million. The deal is still in the works and Brent Crawford is hoping the deal with be win-win for Dayton.
"It's another addition to our ongoing property there, so we're pretty excited about it," said Crawford in a phone interview.
So before Mendelsons closes their doors forever, you might want to pick up that discount item that you may never find in the local stores.
It was a stable of Dayton for over 50 years. It was dubbed "The First Place To Look For Every Last Thing."
The company was started by Sandy's father Harry Mendelson. The property had 1 million square feet of warehouse space and inside loading dock facilities, Mendelsons handles surplus and liquidation inventory from one box to 50 truckloads.
Dayton has lost a lot of great companies. Mendelsons was a stable of great companies.
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