Past updated on March 25th, 2022 at 10:27 pm
A former Shopko in West Bend is on the cusp of getting remodeled into one particular of the city’s newest business buying facilities.
The Town Strategy Fee is slated to assessment a website program on April 6 that requires renovating the vacant keep at 1710 South Major Street into a retail strip showcasing 5 Under, Large Tons, and Home Products and Sierra, according to a town push release.
Below the redevelopment system submitted by CORTA West Bend, LLC, Huge Lots would occupy the most significant portion of the purchasing center at 35,000 square feet. Home Items would occupy 22,500 square feet, Sierra 20,000 sq. toes, and Five Under, 8,600 sq. feet.
“This job is shifting rapidly, and we look forward to reviewing it in detail at the upcoming Strategy Fee meeting,” West Bend mayor Christophe E. Jenkins mentioned in the press release. “Thank you to CORTA West Bend, LLC, for investing in West Bend and securing 4 nationally-recognized stores.”
Building is predicted to get started this spring and perhaps be concluded by the stop of the calendar year.
Florida-centered Corta Improvement purchased the 94,000-sq.-foot Shopko constructing for approximately $2.03 million in late December. At the time, it was Corta’s third acquisition of a previous Shopko residence in the state. Cory Presnick, principal at Corta, advised the BizTimes that he experienced also purchased attributes in Fond du Lac and Sheboygan. Corta has considering the fact that redeveloped the Fond du Lac retailer into Interest Foyer and Major Loads merchants.
Those people transformations, and the plan for West Bend’s Shopko, are significantly various that the fate that awaits other properties that once belonged to the bankrupt price reduction retailer.
Larkspur Acquisitions, also of Florida, has options to flip vacant Shopkos in Beloit, Racine and Kenosha in to self-storage services.
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