Development Group Proposes Major Project For Former Acme Kmart Site
By Beth Milligan | Sept. 21, 2019
A downstate development company has purchased the former Kmart store in Acme and will appear before township planning commissioners at a special meeting Monday at 7pm with a proposal to revitalize the property – a project that could include restaurants, cafes, public park space, retail, indoor self-storage, office space, and residential townhomes.
Lormax Stern purchased the 87,000 square-foot building from SR Acme LLC – a subsidiary of Sears Roebuck – for $1.4 million, property records show. The deal has already been finalized and was not contingent on any township approvals of property plans. Technology firm Inphastos previously expressed interest in buying the property, but ultimately abandoned those plans. Lormax ...
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