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Contract let for Holladay Place Super Wal-Mart construction DBS Construction Company, Chattanooga, TN, huge Big Box builder, will build Supercenter. Week's events mark turning point in Adair County history, developer believes By Ed Waggener The contract for the new 156,000 s.f. Wal-Mart has been awarded. The successful bidder is DBS Construction of Chattanooga, according word received by Richard Walker of Holladay Place. Though the project is still listed as a "current bid opportunity" on the homepage of the DBS Corporation website, Walker said he has received word that DBS will do the work. "This is big news for Adair County," he said. "We may mark the events this week as the big turning point in Adair County history." On Wednesday, August 29, 2007, at 3:52pm, Walker received word that the money for the purchase of the acreage at Holladay Place had been received at Holladay Place's bank in Columbia.See (Done deal! Walker said that he doesn't know how soon the work will begin, but expects it will be within the next few weeks. The start of construction marks a major milestone in the development of around the South Columbia highway hub. Walker said in an interview yesterday that it began with the sale of the Holladay Place, once the James C. Dohoney farm, to Don and Eddie Franklin in 2002. The sellers were Patricia Holladay and Jimmy Bennett, and Patricia's brother, Jimmy Holladay. One year later, in October of 2003, the Franklins invited Walker and Columbia attorney Marshall Loy to participate development of the project, and a new venture, Holladay Place was created, owned by the Franklins, Walker, and Loy. The new owners named the property "Holladay Place" in honor of the Holladay family, Judge Walker said. Walker said the group liked the distinctive spelling, "Holladay," and used it, but he expects that the name will also bring to mind "holiday" as well. Walker said that when he contacted Wal-Mart in 2003, the company was interested. "They said they were looking for a new store site in Columbia," Walker said. At the time, the company was planning to expand from 34,875 s.f. to 100,000 s.f. It was from that perspective that negotiations began. All along, he said, Wal-Mart assured him that they intended to build the store. But hurdles to the project did come up, including one that stunned him momentarily. "They called me one day and told me the project wouldn't work. They said that they are check projects and that the one they had planned wouldn't cashflow." He thought while hearing it that it was the end of the road for Holladay Place and Wal-Mart. Then the Wal-Mart representative said, "We have to have a bigger store to make it work," and told Walker of the plans for a 156,000 s.f. building. "We'll need more land," Wal-Mart's representative said. That's when the proposed store went from 100,000 s.f. to 156,000 s.f., and the land needed rose to 20.9 acres. Along the way, there was intense negotiations. Mayor Patrick Bell used diplomacy, a carefully worded, respectful letter, to get the company to propose a bricked-and-corniced store front, which many believe to have a better appearance than any previously built Wal-Mart in America. Zoning and landscaping requirements led to some tense moments, but were always worked out. Walker said he believes the sale marks the beginning of a whole new era for Columbia, "Before construction was assured," he said, "a lot of prospects wouldn't commit. But everybody knows how much traffic a 156,00 s.f. Wal-Mart will draw. "Now they all want to come," he said, "now they're calling us." The old building and four acres at 809 Jamestown Street, Columbia, KY, was changed from "for lease" to "for sale" at the Wal-Mart Realty website on August 24, 2007. Wal-Mart Columbia, KY #569 was built in 1984, the site says. Information on the property could be seen at this web address, Wal-Mart Realty, his morning, Saturday, September 1, 2007. This story was posted on 2007-09-01 08:30:39
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Somerset project opens, lays foundation for future I-66 corridor Downtown Days October 12th and 13th, 2007 Adair County 4-H receives $37,500 after school grant Adair County 4-H members win big at State Fair 4-H Home School Program meets to get new year started Columbia Utilities wins No. 1 Award for Outstanding Service! 45 Adair Countians have written to help get Helmets grant 36! City Wide Yard Sale mania is spreading It's a done deal! Wal-Mart buys 20.9 acres at Holladay Place All sports recognized at Meet the Indians View even more articles in topic News |
 
115 Jamestown St. Columbia, KY. 270-384-2496 
  
   
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