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Rolling Acres Mall site set for $100 million dollar redevelopment; will create 500 new jobs in Akron

In a 12-1 vote, Akron City Council approved a measure to sell the Rolling Acres Mall site to a private developer

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AKRON — 500 new jobs appear ready to head to the old Rolling Acres Mall in Akron.

In a 12-1 vote, Akron City Council approved a measure to sell old Rolling Acres Mall to a private developer. We are told that employer would build a $100-million dollar facility and guarantee $30-million dollars in annual payroll. What's still unclear is who the employer will be.

NEW TONIGHT: In a 12-1 vote the City of Akron votes to sell old Rolling Acres mall to a private developer. What’s promised?
$100m development, 500 jobs with $30m/annual payroll.

Employer still a mystery. @wkyc pic.twitter.com/JSaiJOYc5F
— Chris Tye (@TVTye) July 17, 2018

WKYC's Chris Tye broke this story earlier on Monday and attended the Akron City Council meeting. Afterwards, he filed this report on Facebook Live:

The mall site has sat unused for years.

PHOTOS | Rolling Acres Mall: Final look inside

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Nov. 1, 2016: WKYC was exclusively invited to Rolling Acres Mall for one final glimpse inside before demolition takes over. Eslich Wrecking has already started taking the structure down, which will take several months. Photos by Ryan Haidet, WKYC-TV.