The only thing known for sure is that it will not be a Costco, Target or a handful of other rumors people have been tossing around since the Salem Kmart closed in March 2017.
The announcement of the sale was made Monday night at the work session before the Salem City Council meeting. Economic Development and Planning Director Melinda Payne said the sale closed the end of July. Although she asked the retailer at the request of the Salem Times-Register if she could reveal the new company, there was no answer by this week’s press time.
The four existing businesses in what is locally referred to as the “Kmart Shopping Plaza” will all stay, Payne said, and the shopping center’s new owner intends to extend out the building toward Spartan Square, “to house another new retailer,” Payne said.
The former Kmart space is at 1329 W. Main Street, next to a nail salon, Sally Beauty, The UPS Store and West Main Hair Salon. The City of Salem had been actively seeking a new retailer for the shopping area since shortly after Kmart closed in 2017.
In earlier conversations, Payne said the space was not large enough for some of the big box stores people in this…