Home About Archives RSS Feed

Super Duper Wally World

Tammy Daniels

Word is a Walmart Supercenter is headed our way.  According to a report in the North Adams Transcript, the multinational retailer has filed plans at North Adams City Hall for a 160,000 square-foot building at the city's old gravel bank.

Ceruzzi Properties of Fairfield, Conn., acting as BVS 5401 Investors LLC, purchased the nearby Dellaghelfa properties at 1519 South State St. and West Road for about $2.2 million in 2007, the city's gravel pit for $700,000 in 2008, according to documents in the Northern Berkshire Registry of Deeds, and the former North Adams Plaza in 2004 for $2.5 million.

Nigro Development LLC of Albany, N.Y., had originally taken out a purchase-and-sales agreement for the gravel bank, then became a silent partner with what was then Starwood Ceruzzi to develop both the gravel and the plaza. Nigro is currently believed to be out of the picture.

A Lowe's is planned for the old North Adams Plaza that's been coming down piecemeal over the past few months. The Supercenter will include groceries, electronics and expanded lawn and garden departments.

No word on what will go in the old Walmart, but the discount chain has planned aggressive growth over the next two years despite the economic downturn. In October, Wal-Mart Stores Inc. announced it would expand globally by 14 million square feet in this fiscal year and by 11 million next year.

Most of that will be through remodels and a focus on supercenters; the corporation expects to spend upwards of $25 billion (yes, BILLION) in capital construction over the next two years. 

The plans will go before the Planning Board on Dec. 14.

0 Comments
Tags: North Adams, Walmart      
News Headlines
Harrington Calls for Override of Governor's Vetoes
Berkshire Taconic Community Foundation Tops $2 Million in Summer Grants
Biz Briefs: Simon Scholarships, Canyon Ranch Luxury Residences
Berkshires Beat: Chesterwood Installation, Louison House Help
Burke Scored 23 in Giorgi League Win
SteepleCats Sweep Double-Header at Joe Wolfe
Adams-Cheshire Interim Superintendent Getting to Know Community
Artisan Consignment Gallery Opens on Eagle Street
Pittsfield 13s Win at Babe Ruth Regional
Berkshire Reps Serve Important Roles at Democratic Convention

 


Bill Schmick separates the bull from the bears in his weekly columns on investing and market wrap-ups.



Categories:
advertising (10)
agriculture (1)
arts (7)
automotive (5)
awards (16)
banking (41)
Beacon (1)
broadband (1)
business (52)
chamber (25)
closing (5)
development (23)
dining (5)
domestic animals (2)
energy (6)
entertainment (2)
federal (4)
finances (5)
food (5)
fundraiser (3)
green (2)
grocery (5)
hospitality/hotel (5)
housing (0)
insurance (3)
investment (6)
jobs (35)
labor (17)
laws (4)
Legislature (3)
manufacturing (9)
media (8)
medical (4)
networking (33)
new (22)
pricing (1)
projects (2)
promotion (6)
publishing (13)
radio (2)
real estate (8)
retail (29)
technology (13)
training (5)
transportation (1)
volunteer (1)
website (2)
wholesale (7)
workshops (6)
Archives:
July 2015 (1)
Tags:
North Adams Breakfast Jobs Unemployment State Statistics Unemployment Baldwin Expansion Bj's Qualprint Social Media Store Opening Currency Auction Pittsfield Wmeco Merger Gas Prices Sabic Adams Statistics Crane & Co. Excelsior Flood Talkberkshires Walmart Berkshire Creative Great Barrington Small Business Williamstown Berkshire Chamber Of Commerce Berkshire Enterprises Sales Tax Berkshire Living
Popular Entries:
Berkshire Jobless Rates Drop
Bay State Continues to Add Jobs
Excelsior Brings Greeting Card Co. To North Adams
White Hart Inn For Sale for $5M
Williamstown Chamber Seeks Input on Future Role
New Dog Training Center Open in North Adams
Aladco Installs New 'Green' Washing Machine
Storey Publishing to Host Next Creative Challenge
Covanta's Pittsfield Facility Gets High Marks from OSHA
Adams Co-Op, South Adams Bank Merger Approved
Recent Entries:
Biz Briefs: Mr. Tire, Tax Holiday, Business Directory
Berkshire Eagle Parent Mulling Newspaper Sales
Digitial First Puts Vermont News Buildings on the Market
Berkshire Chamber, Neal Hosting Facebook for Business Workshop
Winstanley Wins Big at Annual ADDY Awards
Eggs & Issues Event Focuses on Rail Cars, Development
State Unemployement Rate Drops Slightly
New Biotech Firm Setting Up in Pittsfield
Crane Museum Opens Retail Store
License Commission Approves River Street Package Move