Lowe's gets ready
By Thomas Wilson
STAR STAFF
twilson@starhq.com
If they come, you will build it.
After months of speculation, a home improvement
darling of construction firms and do-it-yourselfers has officially
taken the first step in building a place for builders in Elizabethton.
A property firm has submitted a preliminary site
plan for the development of a Lowe's Home Improvement Warehouse
store on over 16 acres at the end of Wallace Avenue in Elizabethton.
City of Elizabethton's Director of Planning and
Development, David Ornduff, said representatives with Jemsite
Development of Jefferson, N.C., submitted a site plan for
the Lowe's outlet to his office on Thursday.
The plan calls for the construction of a 116,000
square-foot building on approximately 16.7 acres east of the
proposed Wal-Mart Supercenter and north of West Elk Avenue.
"This is the first step," Ornduff said of the
site plan submission. "We are here to help them any way we
can." The city's development staff including planning, public
works and building officials will review the plan. The site
plan will be placed on the Elizabethton Regional Planning
Commission's February agenda, Ornduff said.
The property is located on the former North American
Rayon Corp. campus behind the Elizabethton Post Office. Ornduff
said the city was pursuing the installation of a traffic signal
at the Wallace Avenue/West Elk Avenue intersection to control
traffic flow along the development area.
The development is also expected to include the
construction of a four-lane access road connecting the future
Wal-Mart Supercenter with Tony Fuller Drive near the existing
Wal-Mart store. Wal-Mart's real estate division is shopping
the soon-to-be-vacant store to developers.
"That will be developed by the developer as part
of this project," said Ornduff. He added that, if the Planning
Commission grants approval, developers said grading work for
the store could begin as early as March.
The Lowe's retail proposal is the second major
commercial development to hit Elizabethton in the past 12
months. A construction firm has also secured demolition and
building permits from the city to raze the former NARC manufacturing
building on West Elk Avenue to make way for a Wal-Mart Supercenter.
Ornduff said a Brownfields Agreement was also
being pursued by developers as part of the Lowe's development
through the Tennessee Department of Environment and Conversation.
Wal-Mart obtained a Brownfields Agreement with TDEC for the
Supercenter development last spring.
The term "Brownfields" pertains to the expansion,
redevelopment, or re-use of real property that may be complicated
by the presence or potential presence of a hazardous pollutant
or contaminant. The Brownfields Program was created by the
"Small Business Liability Relief and Brownfields Revitalization
Act" and was signed into law Jan. 11, 2002. A 30-day public
comment period allowing citizens to give input is required
as part of a Brownfields Agreement.
Based in Mooresville, N.C., Lowe's Companies,
Inc., is the second largest home improvement retailer on the
planet following Home Depot. With fiscal year 2002 sales exceeding
$26 billion, Lowe's generates approximately nine million customers
a week at more than 925 home improvement stores in 45 states,
according to company information.
The company reported $8 billion in revenue for
the third fiscal quarter of 2003.
Publicly traded on the New York Stock Exchange,
the 57-year-old company employs more than 130,000 people.
The company launched an aggressive expansion
plan a few years ago and targets opening a new store every
three days, according to the company's Web site. The company
has cut ribbons on warehouse "super stores" in Johnson City,
Kingsport and Boone, N.C. in recent years.