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Article: DEVELOPER HAS BIG PLANS; HE HOPES TO CREATE "RIGHT MIX OF RETAIL' IN CENTRAL SQUARE.(Local)
- Article from:
- The Post-Standard (Syracuse, NY)
- Article date:
- April 18, 2005
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Byline: Catie O'Toole Staff writer
A city of Oswego developer has sold nearly $13 million in Oswego County property during the last year. He plans to use some of that money to buy and develop prime real estate around the Wal-Mart Supercenter in Central Square.
First, Steven W. Thomas sold the land where Lowe's Home Improvement store now stands in the city of Oswego. The price: $2 million.
Next, he sold the Days Inn and Thomas Inn motels in Oswego for $2.7 million.
Then he sold off five Dunkin' Donuts franchises.
"I thought it was time for me to take a little bit of a break," said Thomas, 43, of Oswego.
Thomas is ...