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It's a done deal! Wal-Mart buys 20.9 acres at Holladay Place Updated story. First posted August 30, 2007: Mayor Bell gets praise for skilled negotiations on behalf of City. Many believe development around interchange will get even more frenzied. Developers praise Mayor Bell for skilled negotiations for City By Ed Waggener It's a done deal. And a huge one. A red letter day for Columbia. Don and Eddie Franklin, Marshall Loy, and Richard L. Walker, owners of Holladay Place, Inc., have sold 20.9 acres of land to Wal-Mart. The sale was completed today. The local bank for Holladay Place notified the owners at 3:52pm, Thursday, August 30, 2007, that Wal-Mart had wired the payment for the acreage. Richard Walker said that the deed to the property has now been transferred. But, many local leaders believe that the completion of the sale means a further frenzy in development around the the interchange. A strip center with stores not presently in Columbia is expected and a major new fast food presence is expected. The land is located near the intersection of KY 80 West and KY 61 South, and the KY 61/Louie B. Nunn Parkway interchange. Walker said that he would not speculate on when construction would start on the new 154,000 s.f. Super Wal-Mart. He did say that it was his understanding that bids for construction of the project are in, "and I hear the bids are good." Earlier, Wal-Mart representatives at a Planning & Zoning hearing, said that once construction starts, the facility will take approximately 14 months to finish. That could mean an opening date of approximately October, 2008. It's a big day for the community, developers believeFor Walker and his group, as well as the community, it's a big day, one that many believe will mark a turning point in the future of Columbia. Walker said that a lot of hard work has gone into the mammoth project by his group, but added, "The community has been good to help us, too." He singled out Mayor Pat Bell as a major facilitator of the project. "He helped," Walker said. He said that Mayor Bell had stood up for Columbia's interest, asking for and getting an upscale design for the new store, "But he made sure that decisions were made in a timely fashion. "I think Wal-Mart was impressed by the competence of Mayor, the Planning & Zoning Commission, and especially with the way the the City of Columbia handled the annexation and utilities issues." Walker said that people in the neighborhood had been good to work with, and he and his group were thankful for the way they greeted the new development. "The deserve thanks on the annexation," he said. Work by the Columbia Utilities Commission to complete sewer service to the new center is on schedule, Manager Jim Williams said at the last board meeting of the Columbia Utilities commission. The present Wal-Mart location is now list for sale at Wal-Mart Realty . The 34,875 s.f. building has recently been update to "For Sale.The old building includes four acres. The building was constructed in 1984. This story was posted on 2007-08-31 08:59:24
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All sports recognized at Meet the Indians Longest serving KY archivist retires today Quick action stops leak, keeps water flowing to South Adair Monticello medical student wins honor at national convention Nick Roy begins service as Adair County Agent today A reminder to send September news now It's a done deal! Wal-Mart buys 20.9 acres at Holladay Place New Deputy KY Education Secretary a Lindsey Wilson graduate Siamese adopted; tabby still available City Tax hearing is today at 1:00pm View even more articles in topic News |
 
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