Frederick Towne Mall Site Sold to Frederick Doctor
February 24, 2017 / Octavo Designs / News
By Mallory Panuska, Frederick News Post
Friday, February 24, 2017
The vacant Frederick Towne Mall site has officially sold.
Dave Severn, an attorney representing property owner Rockwood Capital, said his client told him the Golden Mile property sold a week ago Monday to Dr. Mohammed Mohiuddin.
Mohiuddin is a urologist with a practice in Frederick.
Severn said he believes the property sold for more than $6 million.
Members of the Golden Mile Alliance discussed the sale at a meeting Tuesday. The subject also came up at a Neighborhood Advisory Council meeting Thursday.
The property has sat vacant since 2013. Rockwood Capital officials planned to demolish the former mall at 1301 W. Patrick St. and construct a four-building shopping center with a 155,000-square-foot Wal-Mart anchoring the project. Wal-Mart pulled out of the deal at the beginning of September.
Boscov’s and Home Depot continue to operate at the site.