AP NEWS

Large commercial retail developments under construction

March 26, 2018

HUNTINGTON — A new eatery, lifestyle and wellness retail development along U.S. 60 in Huntington continues site preparation work in hopes of opening in late 2018.

The Summit Eatery, Lifestyle & Wellness Center will create 40,000 to 50,000 square feet of commercial retail space with 12 to 15 tenants. The multimillion-dollar strip mall will be unique, according to its developer, Jeremy Adams of Palace Properties.

“This will not be your typical strip mall,” Adams said. “We are talking with Med Spa, a financial institution, a coffee shop, a high-end butcher shop, a yoga studio and other lifestyle and health-related businesses.”

Adams, who owns Christopher’s Eats in the 6000 block of U.S. 60 in Barboursville, said he would be moving that restaurant to The Summit as well.

“We are continuing with site preparation work that was started over five months ago,” he said.

Adams said he bought the multiple parcels of property that will make up The Summit about a year ago because of the location.

“It’s a great location in a high-traffic area that is close to the interstate,” he said.

“The Summit” name came from the property being located at the crest of the hill along U.S. 60, between Huntington and Barboursville, according to Adams.

Adams said there is additional space to be rented at the site.

“I am willing to do the buildout, or the tenant can have someone else do it,” he said.

Adams’ development company, Palace Properties, has several other properties, including subdivision and multi-family parcels of land.

“I am also opening Main Street up, which is the old Black Hawk in downtown Barboursville,” he said. “We also have a big, multimillion-dollar real estate project going on at Blue Sulphur in Ona as well called East Haven, a gated townhouse community.”

Adams wife, Dr. Maggie Adams, operates orthodontics offices in Huntington and Barboursville.

“We also have three touch-less car washes, including one in Ironton, Ohio, one in Barboursville and one in Huntington,” he said.

Adams, 37, was born and raised in Huntington.

“I started my company when I was 23, while I was attending Marshall University,” he said.

Adams was studying finance and engineering at Marshall. He also worked for the U.S. Army Corps of Engineers at one point.

“I have always been a developer and just wanted the satisfaction of being a locally owned and operated company that helps support the needs of the community,” he said.

Adams says a portion of his goal with The Summit Eatery, Lifestyles & Wellness Center development is to put private investment into businesses that may be able to help with the health issues in Appa-lachia.

A recently released Appalachian Regional Commission study found that the average adult in the Appalachian region reports feeling physically unhealthy 14 percent more often than the average American.

“I continue to actively seek tenants that fit into the lifestyle, wellness and fitness concept we’re developing at this site,” he said. “Most of the new tenants will be new businesses to this area.”

Adams said he is hoping The Summit will open this year.

Tanyard Station

Just a few miles east of The Summit development on U.S. 60 is Tanyard Station.

It is being built on the site of the historic CSX railroad yard, along the Mud River and Tanyard Branch Creek in Barboursville. It will be near the intersection of U.S. 60 and Big Ben Bowen Highway.

“Tanyard Station will be one of the larger retail developments in Cabell County,” according to Barboursville Mayor Chris Tatum.

Tanyard Station is envisioned to be approximately 400,000 square feet of space, said Brent Roswall of Interstate Realty Development Co. LLC, the company that is developing the site.

He said the 51.3-acre site is intended to be home to large anchor stores, grocery stores, retail outlets, restaurants, a bank, a hotel and a gas station.

A groundbreaking ceremony took place in October 2017 and officials revealed the first four tenants of the planned shopping center: Aldi, a discount grocer; Sheetz, a gas station and convenience store; Longhorn Steakhouse; and Menards home improvement store.

Menard Inc. purchased approximately 20 acres of land in the Tanyard Station retail development. The purchase price was $5,867,683, Cabell County records show.

“Currently we have only sold property to Menards, and plan on leasing or build to suit for the remaining land,” Roswall said.

Menards, a family-owned company that started in 1959 in Wisconsin, is a home improvement chain with assorted building materials, tools, gardening supplies and appliances. The company is headquartered in Eau Claire, Wisconsin, and has more than 300 home improvement stores located in Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin and Wyoming.

Although no official timeline has been established just yet, if all goes as planned, Menards hopes to build a new home improvement store in Tanyard Station at some point in the future,” said Menards spokesman Jeff Abbott.

Aldi officials have said the new Barboursville location will employ 15 to 20 people at wages ranging from $11 to $17.75 per hour. Longhorn Steakhouse officials said the new restaurant at Tanyard Station will bring 80 to 100 jobs. The new Sheetz, the sixth in Cabell County, will be located at the main entrance.

“We hope to have more announcements in the summer,” Roswall said.

There’s plenty still to be done, according to Roswall, including installing the drainage infrastructure, preparing roads in the shopping center as well as widening U.S. 60, installing utilities and then getting into more work related to the sites where the four retail tenants announced so far will be located.

“Site work is ongoing, and so far we are on schedule,” Roswall said.

Roswall said phase one of the project is expected to last one year and tenants could open by the fall of 2018 and the main anchor tenants the following year in the fall of 2019.

The projected cost of the Tanyard Station project is estimated at $100 million, with $9 million of that total being for the road and traffic upgrades.

Follow reporter Fred Pace at Facebook.com/FredPaceHD and via Twitter @FredPaceHD.