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
North Adams Downtown Hosts Motorama This Weekend
Q&A With MCLA President James Birge
Whitman's Comes Back to Even Torchia League Title Series
Local Author Unveils Real Magic on Mount Greylock
MassDOT Moves Forward on All Electronic Tolling
Romanos Wins Forest Park Club Title in Playoff
Senator Warren Holding Presentation on 'America's Agenda'
BHS to Close Walk-In Clinic at Pittsfield's Market 32
North Adams Council to Consider Buying Closed Plant for Public Works
Adams Fire District in Need of New Committee Member

 


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:
Tags:
Jobs Sales Tax Pittsfield Berkshire Creative Unemployment Auction Excelsior Small Business Currency Sabic Talkberkshires Qualprint Statistics Baldwin Expansion Berkshire Living Flood Breakfast Adams Statistics Wmeco State Store Opening Walmart Berkshire Chamber Of Commerce Great Barrington Bj's Crane & Co. Unemployment Berkshire Enterprises Gas Prices Social Media Merger North Adams Williamstown
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