NARC land becoming hotbed of development

By Thomas Wilson

   Property that once drew thousands of Carter Countians as a work destination continues to evolve into a hub for consumers.
   A property development firm plans to build a Captain D's Restaurant on West Elk Avenue on a .98-acre tract of property located on the former North American Rayon Corp. campus. The Elizabethton Regional Planning Commission is scheduled to hear a site plan proposal for the restaurant development at its April meeting tonight.
   The proposal is one of several retail developments planned on the former NARC property. YDP Investment Properties paid $400,000 to North American Research and Development, Inc. in February to acquire the tract that lies where the flashing NARC sign formerly stood.
   Headquartered in Nashville, Captain D's opened its first restaurant in Donelson, Tenn., in 1969. Today, the privately owned company operates more than 550 restaurants in 24 states, according to the company's Web site.
   Grading work began in January for the new Wal-Mart Supercenter located on 24 acres of the former NARC-owned property. Also slated for construction this year is a Lowe's Home Improvement Warehouse to be located on a 16-acre tract of land on the former NARC campus.
   The Planning Commission is also scheduled to consider a site plan and preliminary subdivision plat approval for additional development plans submitted by the North American Corporation. The site plan created by Reedy & Sykes architecture firm and submitted to the city planning department subdivides property lying east of the Supercenter development from West Elk Avenue to the NARC property line.
   Representatives from both construction companies contracted to build the Lowe's and Wal-Mart facilities expect both stores to be open this year.