Quote:
Originally Posted by HSVTiger
I bet no one would have guessed that location if asked. Supposedly some existing businesses will move to accommodate building the new store.
So will Merchants Walk expand ?
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a rendering of the developmnet
a 50 million makeover
Shane Davis, director of urban development for the city of Huntsville, said the $50 million, eight-acre redevelopment project, which will create up to 300 jobs, will stretch from Bob Wallace Avenue north to Merchants Walk along the Parkway. Construction on the site is expected to start late this summer.
Davis and others with the city are confident the upscale grocer and new retail development will be major catalysts in sparking more growth up and down the Parkway.
"We think the next 12 to 14 months are going to play very, very well for the Parkway," Davis said. "Retailers locating on the Parkway are finding great success. Whole Foods analyzed the Huntsville market and they, too, determined that's where they wanted to be."
David said the city has not agreed to provide tax breaks or subsidies to Whole Foods, but will offer assistance with public infrastructure upgrades, which will be discussed in more detail at tonight's Huntsville City Council meeting.
The council is expected to vote on a resolution that would authorize Mayor Tommy Battle to enter into a development agreement between the city and developer RCP Merchants Walk, LLC.
AAMCO Transmissions & Total Car Care, Regions Bank and a few other buildings will be torn down to make way for the new mixed-use shopping center, which has room for approximately 50,000 square feet of additional retail shops and restaurants. Davis said AAMCO will relocate and Regions will occupy a new building at the development.
Huntsville Times
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