Friday, April 25, 2008

COMING SOON: MAJOR SHOPPING CENTER

So proclaim new real estate signs advertising store and pad availability out in the Pullman-Moscow corridor.

And why not? The Hawkins Companies just purchased the land and groundbreaking is imminent.

What a dramatic turn of events. 3 months ago, this project seemed to be on life support. This is the biggest thing to happen to retailing on the Palouse since the Palouse Mall was built 30 years ago.

From today's Moscow-Pullman Daily News:

Hawkins completes land purchase at development site

Hawkins Companies has finalized the purchase of $5.45 million of land from Whitworth University for its 714,000-square-foot retail development just west of the Idaho border.

Hawkins spokesman Jeff DeVoe said the sale marks the beginning of much work that remains to be completed. The company is forming plans with contractors and still working to secure additional tenants to the Lowe's-anchored shopping center. Hawkins paid $27,665 per acre for the 197-acre tract. The sale was finalized April 9.

"Certainly (the purchase) is a major step, but there are lots of steps on the way to completing a development," DeVoe said.

"We are just working like mad," he added. "Now is the time we have our sleeves rolled up and are working."

Hawkins has set a target date of June 1 for beginning to develop the site, weather permitting.

"It's all weather-dependant," [sic - the Daily News needs to invest in a spell checker. Two other egregious examples over the past few days in sports headlines were "seperate" and "lastest" - tf] DeVoe said. "Obviously, spring weather hasn't been very conducive to drying out the land."

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