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Archive for Thursday, November 5, 1992

MARKETING TO START FOR HY-VEE CENTER

November 5, 1992

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A real estate developer expects later this month to begin marketing space in a neighborhood shopping center that will be built in conjunction with a new grocery store planned for the northwest corner of Clinton Parkway and Kasold Avenue.

Bob Johnson, a broker-developer with R.H. Johnson Inc., a Kansas City, Mo., firm, said preliminary plans show a retail center with 48,000 square feet for shops that would complement the supermarket Hy-Vee Food Stores Inc. plans to build on the same 14-acre site.

Johnson and Hy-Vee officials say construction of the project will begin next spring or summer, with completion scheduled for late 1993 or early 1994.

Hy-Vee, a Chariton, Iowa-based chain that operates 159 supermarkets, plans to build a 65,000-square-foot store, which would be larger by about 10,000 square feet than either of the two Dillon's super stores, at 3000 W. Sixth and 1015 W. 23rd.

The Hy-Vee store will be the westernmost supermarket in Lawrence. At a press conference earlier this week, Hy-Vee officials said the store is expected to draw the majority of its trade from within a three-mile radius.

Johnson said the stores he'd be targeting for the shopping center would offer "quick in, quick out, convenience-type shopping" but that he had no particular retailers in mind.

"The market really kind of dictates that," he said.

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