
It appears as though Trader Joe's COULD be coming to Greensboro on West Friendly Ave. based on the latest rumors. Local leaders are being tight lipped when asked about Trader Joe's. Normally when Trader Joe's is ask if they are expanding in a certain area, the company will say "there are no plans for expansion in this area at this time". Now when they are asked about Trader Joe's coming to Greensboro, they are saying "no comment". Greensboro's mayor Robbie Perkins would not confirm whether the grocer was associated with a planned multi-tenant retail development, but hinted by saying it would be a “pretty logical assumption.” “(The developers) were saying that they wanted to make their own announcement, but this would be someone who was looking in the Greensboro area for a while,” Perkins said.
Only one homeowner who lives in the area that may be developed could be reached for comment Monday.
“I better not say anything,” said Vera T. Rabin, who owns two of the six lots on that block of Friendly that the developer is seeking. “I am not in charge of this. I don’t know what information is secret or is on the plate.”
Some workers at the Cary store claim to have been told that Greensboro would be the next NC location for Trader Joe's. The retail development will be located at the corner of Hobbs Rd and West Friendly Ave across from The Shops at Friendly Center. If built Trader Joe's would be across the street from the nation's largest Harris Teeter. nicked named "Tajmaheeter". Next year Whole Foods Market will also be opening up at Friendly Center. That would be three major grocery stores in the same shopping center area. The Shops at Friendly Center and the surrounding area has been drawing upscale establishments over the past several years such as PF Changs, Ruth's Chris Steakhouse, Brooks Brothers and an Apple Store. This trend will likely continue and I would expect to see a Cheesecake Factory open at Friendly Center. These establishments typically open in upscale retail clusters. If Greensboro ever gets a Nordstrom, it would likely be at Friendly Center as well. Friendly Center is located in one of the most affluent areas in Greensboro. One thing is for sure, The Fresh Market will no longer have a monopoly in this town when it comes to specialty/organic grocery stores. Whole Foods is coming and it looks like Trader Joe's may come. While there have been rumors before about Trader Joe's coming to Greensboro, these latest rumors appear to be stronger much like the rumors about the Apple Store before it opened in Greensboro. Rumors are so strong that the News & Record even posted a photo of a Traders Joe's store with the article. BUT........ despite all this, we should wait until the developer reveals the anchor tenant. The local media seems to be creating a buzz about this but nothing is a done deal until it is officially revealed, especially when it comes to Trader Joe's where false rumors are so common. We do know that the tenant will be entering the Greensboro area for the first time and that they have been looking at Greensboro for a while. But the source of these rumors seem to be coming from some of the land owners of the site being eyed. I would probably keep my mouth shut if I knew a developer was going to come in and purchase my land. Im not sure what these sites are valued at but I personally know someone who walked away with a few million from selling a lot of land to developers out West Wendover Ave some years ago. This person clearly got more than what was invested in the property.
Some nearby residents are against the proposal to re-zone these residential tracts for this latest retail project. With the new liberal city council, there shouldn't be a problem with this passing.
Multiple local media sources are reporting on Trader Joe's in Greensboro. One interesting thing to note, Trader Joe's usually opens very close to Whole Foods Market locations the way Lowes and Home Depot or Auto Zone and Advanced Auto open near each other. It may not be a coincidence that we are hearing Trader Joe's talks shortly before the opening of Whole Foods Market which is near the site. Another interesting "coincidence" is that this news appears to be surfacing shortly after the Greensboro city council election. It was rumored that conservatives on city council were against Trader Joe's coming to Greensboro because it would compete with The Fresh Market. The conservatives are now gone and city council is filled with democrats. I do recall former mayor Bill Knight saying at a council meeting in reference to the Fresh Market that we have to protect our local based establishments. Trader Joe's wasn't the subject in this meeting. I don't think any government body should be dictating what competition comes into an area. Ironically its republicans who are suppose to be all about free market and less government intervention. But apparently Trader Joe's has been interested in Greensboro at least since 2009 based on rumors. Some in Greensboro feared that Trader Joe's would hurt business at the Fresh Market. Trader Joe's is a better store than the Fresh Market. Anyone in a community with both stores will tell you that. There is just a better variety of products. Trader Joe's is also less expensive although both are higher end grocery stores compared to your average super market. Trader Joe's is certainly no Food Lion. But conservative local leaders weren't the only ones fighting Trader Joe's. Harris Teeter and of course the Fresh Market have been fighting against their moves. Friendly Center (owned by the Starmount corporation) has a contract with Harris Teeter to be the ONLY food store in the shopping center. Whole Foods got around that because the Sears building is not owned by Friendly Center. The proposed development for the rumored Trader Joe's is not a part of Friendly Center but across the street from it.
Greensboro News & Record
http://www.news-reco...s_friendly_site
WGHP fox 8 news
http://www.myfox8.co...0,5661631.story
Winston-Salem Journal
http://www2.journaln...der-ar-1708561/
WXII Channel 12
http://www.wxii12.co...369/detail.html
Edited by cityboi, 13 December 2011 - 12:07 PM.
















