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The Kmart at 1 Kmart Plaza, near the main hospital, is closing, as per USA Today. I am told that Bi-Lo is closing as well at some point.
What will happen to the site? It's been a shopping center for at least 50 years.
With this Kmart closing (clearly the store incurred next to nothing in ongoing capital expenses and likely had very low rent), what does that say about the Haywood Mall Sears closing at some point?
The city council retreat is underway. Ryan Murphy of The Pilot is live tweeting from it. There is a lot of development discussion and focus in here to unpack. I am pretty new here but one development I may have missed or have never seen mentioned is a senior living development next to the fire station.
Here is the first post of the thread;
And here's the post referencing the senior living development;
Bunglaower reports a 13-story multi-family residential tower is being proposed for 108 E. Livingston Street called Magnolia Rose.
The proposed 320 unit development would also include space for six parcels of ground-level retail. The plan, submitted on 4/20, calls for the City to abandon a section of North Rosalind Avenue, which translates to approximately 77,982 SF of right-of-way, to host an adjoined five-story, 395-space parking garage.
NEUHOFF PLANT DEVELOPMENT, 13-15 stories, 6-7 stories, 650,000 sq. ft. office, 130,000 sq. ft. retail, 500 apts, 2,000 car internal garage, $500+ millionBy smeagolsfree
There is a public meeting tonight at the 5th and Taylor Warehouse in Germantown @ 6:30 PM. I may try and go. They are supposed to unveil the planed for the project.
I am throwing this out for anyone that wants to go.