The land was eventually sold to the Richard E. Jacobs Group, which later unveiled its first plans for a major mall. The Higbee Company and May Company Ohio, Cleveland's two major department store companies, announced that they would join as anchors.
After being purchased by the Richard E. Jacobs Group, the land was used to develop a significant shopping mall.  The Higbee Company and May Company Ohio, Cleveland's leading department stores, agreed to be anchors in this new development.