The Keagy Village retail development is now scheduled for a trustee’s sale on February 2 — one week from tomorrow. The legal notice is published in today’s Roanoke Times. WFIR’s Evan Jones has more.
[audio:http://wfirnews.com/wp-content/uploads/2012/01/01-25-Keagy-Village-Wrap-WEB.mp3|titles=01-25 Keagy Village Wrap-WEB]Keagy Village has never lived up to its hoped-for potential, and the news surprised Roanoke County’s Acting Economic Development Director Jill Loope. She says they were hoping for an announcement soon regarding a new tenant or tenants.
A trustee’s sale does not mean the plaza is closing; Loope notes it could be part of a corporate restructuring. Our calls to Kahn Development have not yet been returned.