New retail development planned in north county
Douglas County’s retail boom shows no sign of ending as plans are under way for a 325,000-square-foot retail development south of Wal-Mart with construction slated to begin mid-December.
Retail stores Michaels, Borders Books Music & Cafe, Petco, Marshall’s, Bed Bath & Beyond, Best Buy, and Cost Plus World Market plan to locate in the center, called Carson Valley Plaza. The businesses will serve as anchors for other retail shops.
Borders stores typically include a cafe, said Erik Skogstad, senior estimator for Ogden, Utah based R & O Construction, which is accepting bids for construction of the project.
The project is part of the Master Plan which provides for commercial zoning in the area south of Wal-Mart extending to Jacks Valley Road, said Douglas County Community Development Director Bob Nunes.
Nunes said the stores and possibly restaurants will provide jobs and increase sales tax revenue in the county. Sales tax revenue make up 12 percent of the counties budget.
He said the retail project will also enhance property values in the area which will result in more property tax revenue for Douglas County.
“It provides an economic boost for Douglas County,” Nunes said.
The Carson Valley Plaza will add to the counties growing sales tax revenue. Douglas County is expected to earn more than $1 million annually from the Wal-Mart SuperCenter.
AIG Baker of Birmingham, Ala. is developing the project.
The new retail development will be located next to the Wal-Mart Supercenter, which opened in July.
The 40-acre site was previously owned by the Ledbetter Trust, heirs to Harvey’s Casino founder Harvey Gross.
Dan Holler, Douglas County manager, said the area is popular with developers because it is accessible to many people and it has highway access for Lake Tahoe residents.
Retail growth will continue in the north county area at property adjoining the new development and across the street from the site, said Douglas County Commissioner Don Miner.
Douglas County’s success in bringing retailers to the north part of the county has Carson City officials worried about their economic future.
Carson City Manager John Berkich said the new retail site could cost the city an estimated $500,000 per year in tax revenue.
Laura Brunzlick can be e-mailed at email@example.com