In the former Farmtable Kitchen space on the second floor, Paradise Ventures is looking to attract a fitness center.
Paradise Ventures also wants to fill the former Locale Market space on the first floor with two to three restaurants.
Other improvements are coming to the shopping center, but plans have not been finalized.
In preparation for the sale, City Council’s February 10th meeting will address four agreements that the City has with Loan Ranger Acquisitions LLC, the limited liability company that owns Sundial and is managed by Bill Edwards.
Two of the agreements, pertaining to employee parking and the pedestrian corridor linking the Sundial shopping center with the Sundial Garage, will be assigned to the new owner, PV-Pelican Walk LLC.
One agreement that created a customer parking validation program will be terminated.
The last agreement, which outlines who will provide security to the Sundial Garage, will remain with Bill Edwards’ company.
This isn’t the first time Edwards has attempted to sell Sundial. An Avison Young team marketed the shopping center in 2015. Months later in 2016, The Chetek Group of Marcus & Millichap sent out an email blast calling for offers. Although there was interest, no sale ever occurred.