Town officials hope to see the entire Griffith Park Plaza shopping center torn down and redeveloped into a mixed-use project that includes retail shops, restaurants and offices. But the owner of the Kmart and Payless buildings has little incentive to sell while they’re still collecting rent, Ryfa said.
“You would think with commercial real estate at an all-time high they would be interested in selling,” he said. “No one knows where the market will be in three years. Hopefully, they will understand that a bird in the hand is worth two in the bush.”
Greystone Kitchen Company will soon open in the Silhavy Square Plaza in Valparaiso.
The kitchen and bath showroom hopes to open Monday in the 503 Silhavy Road building next to Wings ETC.
Jovan Lozevski, who owns a home-building company, and Brian Smith, who owns a cabinet installation company, teamed up to open the 1,800-square-foot showroom in Valpo.
“We sell kitchen and bath cabinets, granite, marble and quartz countertops, sinks and faucets,” Lozevski said. “We are full service sales and design.”
The showroom offers imported marble and well-known brands, such as Kraus sinks and faucets, Holiday Kitchens and JSI Cabinetry. It’s also partnering with Schererville-based Maruszczak Appliances to display and sell their appliances.
