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Kroger Center on schedule, wetlands an issue


Plans for the Kroger development are proceeding rapidly and developers are already entertaining bids on the commercial lots.

“We’re looking to market the property since we have gotten our zoning approval,” said Tommy Saul, a vice president with Blanchard and Calhoun. “We’re entertaining bids at this point.”


Saul said price of the retail space has yet to be determined.

“We’re still finishing up our numbers on the construction costs, so we don’t have a rental rate at this point,” he said. “We have had a couple of verbal agreements and a couple of letters of intent for the project.”

Saul said when potential renters call, he advises them final costs have yet to be

determined.

The Farragut Municipal Planning Commission recently held a discussion of Campbell Station Exchange, a road to be constructed for the Kroger project running from Kingston Pike west of El Centinela restaurant, across the Kroger project and connecting with South Campbell Station Road.

Cannon and Cannon engineer Kim Ramsey said the road will be aligned with the driveway for Village Veterinary Clinic and Laser Center, located on the north side of Kingston Pike across from the Kroger development. The clinic is planning to move its driveway about 15 yards west in order to join with the intersection.

A proposed signal light is slated for the Kingston Pike intersection. The town has approved a light for the intersection on S. Campbell Station Road.

Ramsey said currently the project is waiting on a decision from the U.S. Army Corps of Engineers regarding a spot equal to .15 of an acre. She said the Corps is to determine whether the sliver of land is

to be designated as isolated

wetlands or jurisdictional

wetlands.

“If it’s determined it is isolated wetlands, then it means we don’t have to get any special permits,” she said. “The Corps won’t regulate it and the town has said it won’t regulate it.”

If it is determined to be jurisdictional wetlands, which means wetlands connected to the waters of the state, Ramsey said the developers would have to get a special permit, which takes about 60 to 90 days to obtain.

Saul said the company is expecting to break ground on the project within 60 to 90 days.

The existing Kroger store, built in 1979, has approximately 51,000 square feet. The new store will have a total footage of approximately 115,000 square feet. The interior will be divided into a 70,000-square-feet grocery section, while 45,000 square feet will be used for other products. The new line of items will include electronics, housewares, kitch-en appliances and bed and bath products.

While the Kroger store will be the anchor store, more than 160,000 square feet will beavailable for retail development. It also includes a site for a proposed restaurant.

Saul said Kroger has an existing lease on the current Kroger building and plans to market the existing space once the new Kroger is in operation.

Kroger officials were unavailable for comment, but Saul said the other tenants in the existing Kroger shopping center would not need to move.

As part of the first of two phases, the former K-Mart building would be demolished. Ramsey said the horse barn adjacent to S. Campbell Station Road would probably be removed as part of phase two.

Mary Biddle, one of the property owners for the land being used for the project, said Blanchard and Calhoun have a ground lease on the property. Ownership of the land will remain with the Moser Biddle Corporation.

 

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