Kroger spends $3.5M to buy land from church for new $20M marketplace

Credit: DaytonDailyNews

Caption

Credit: DaytonDailyNews

Kroger recently spent nearly $3.5 million to purchase land that will allow it to replace its existing Miamisburg location with a Kroger Marketplace.

The company’s subsidiary, Fred Meyer Inc., purchased two properties just north of its North Heincke Road storefront for $3,474,900 on Oct. 8, according to Montgomery County Auditor’s Office property records.

Those properties, which amount to 16.8 acres, had previously been owned by First Church of God Miamisburg.

Fred Meyer Inc. also is listed as the new owner for three other neighboring properties previously owned by Kroger subsidiary Topvalco Inc. Part of that land is where an existing 68,860-square-foot Kroger has operated since 1995 just north of the East Central Avenue (Ohio 725) and North Heincke Road intersection.

The Cincinnati grocer plans to replace that store with a new 123,722-square-foot Marketplace that will include an 18-pump fueling station, a bank, a Starbucks, increased pharmacy pickup points and increased online shopping pickup spaces.

ExploreMiamisburg OKs plan for new $20M Kroger store

Along with groceries, Marketplace stores typically provide items that range from prepared food to general merchandise including toys, clothing and home goods.

The proposed storefront is part of a “complete redevelopment” of the site. It’s expected to open by fall 2022, creating 110 new jobs in addition to maintaining 150 employees at the existing Kroger, city officials previously said.

First Church Miamisburg had at one point in time used the land for different purposes before more recently allowing a local baseball team to play there, according to the Rev. R.W. Moody, the church’s pastor.

Caption
REVISED CAPTION for 022621 mburg Kroger: Kroger aims to replace an existing storefront at 155 N. Heincke Road in Miamisburg with a larger Marketplace location like the one pictured here in Butler County's Liberty Twp. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> ORIGINAL CAPTION for 102920 new kroger liberty township: The new Kroger Marketplace opened Thursday, October 29, 2020 on Kyles Station Road in Liberty Township replacing the other location down the street on Liberty Fairfield Road that is now closed. NICK GRAHAM / STAFF

Credit: Nick Graham

REVISED CAPTION for 022621 mburg Kroger: Kroger aims to replace an existing storefront at 155 N. Heincke Road in Miamisburg with a larger Marketplace location like the one pictured here in Butler County's Liberty Twp. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> ORIGINAL CAPTION for 102920 new kroger liberty township:   The new Kroger Marketplace opened Thursday, October 29, 2020 on Kyles Station Road in Liberty Township replacing the other location down the street on Liberty Fairfield Road that is now closed. NICK GRAHAM / STAFF
Caption
REVISED CAPTION for 022621 mburg Kroger: Kroger aims to replace an existing storefront at 155 N. Heincke Road in Miamisburg with a larger Marketplace location like the one pictured here in Butler County's Liberty Twp. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> ORIGINAL CAPTION for 102920 new kroger liberty township: The new Kroger Marketplace opened Thursday, October 29, 2020 on Kyles Station Road in Liberty Township replacing the other location down the street on Liberty Fairfield Road that is now closed. NICK GRAHAM / STAFF

Credit: Nick Graham

Credit: Nick Graham

Moody told the Dayton Daily News on Monday that money from the sale of the land will be “very helpful” toward accomplishing the church’s goals.

“We are working on how we are going to distribute some of those funds to our partnerships ... and also we’re looking at what can we do in our building that we currently have to give ourselves a little bit of a paint job and a face lift and bring some our facilities that we have up to speed,” he said. “We don’t feel like it’s something that those resources are intended to stay in our coffers ... so, we’re looking at all those different facets of how to best use those resources.”

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