Menards Signs On To Portage Crossing
The surprise announcement came at Monday night's Cuyahoga Falls City Council meeting.
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Ready for the next big box store in Cuyahoga Falls?
Menards, a Wisconsin-based, home improvement retailer, will join Giant Eagle and act as the second anchor store in the much-anticipated Portage Crossing development, said Robert Stark, CEO of Stark Enterprises, during Monday night's Cuyahoga Falls Committee meeting.
The "prototypical" design calls for a two-story, 236,000 sq. ft. facility, which, formalities aside, will be situated at the northern end of the 28-acre parcel off State Road and Portage Trail, he said.
Menards, centered in 13 midwestern states, sells building materials, hardware, electrical, millwork, wall coverings, plumbing and housewares, and features an outdoor garden center, according to menards.com.
Monday's news follows last week's announcement that Michael Symon’s B Spot, Chipotle Mexican Grill, Panera Bread, Menchie’s Frozen Yogurt and Pet Supplies Plus had all signed into the retail space.
With the newest acquisition, Stark said 91 percent of the 400,000 sq. ft., $60 million project has been leased.
Before construction begins on Menards and Giant Eagle, City Councilman Jerry James said each new big box store will most likely go through the Planning Commission and City Council to review design plans and receive final approval.
Stark Enterprises is set to break ground this June. The one-phase construction plan has a projected spring 2014 completion date.
Jack Kelly
8:57 pm on Monday, April 16, 2012
Wow! Now THAT is a big catch.
All of you negative nancy's who were bashing this project from the start, would you like rye, wheat or white bread for your crow sandwich?
Myrna McDougal
9:01 pm on Monday, April 16, 2012
Adding Menards to the list of stores would be awesome! At present closest store more than 35 minutes away.
Kate Bigam
9:18 pm on Monday, April 16, 2012
Whoa, this is a big get. I hadn't read that B-Spot was signed on, too. Delicious food so close to home! Can't wait for that, in particular.
Eric
9:52 pm on Monday, April 16, 2012
So why is this posted on a North Canton website? It's not coming here.
Earl Elevant
10:41 pm on Monday, April 16, 2012
That will leave 236,000 sq.ft. for the Village Thrift to move into in about 5-7 years when their balance sheets don't come close to what the Falls has no doubt promised them.
Nice job guys!
joe
6:52 am on Tuesday, April 17, 2012
What is missing in this news story? I count seven stores and it is 91% leased? What are the other stores? Mr. Deike, we need to know rest of the stores!!!!!!!!!!!!!
Jack Kelly
10:13 am on Tuesday, April 17, 2012
Nothing is missing in this story. All of the leases signed thus far represented 91% of the total center. There's only about 50,000 sq feet left to be filled. And given the Menards catch, they'll have no problem signing additional quality retailers during its' construction.
P
9:52 am on Tuesday, April 17, 2012
If Giant Eagle moves, what about that big empty building?
Jack Kelly
10:14 am on Tuesday, April 17, 2012
Giant Eagle will put it up for sale or lease.
And, don't count on another grocery store -- or anything that is remotely competitive to Giant Eagle -- to go in there. That's how GE (and some other retailers, like Walmart) work.
John Deike
10:32 am on Tuesday, April 17, 2012
Hey readers, yes, the remaining 9 percent is un-leased space, but I'm sure Stark will have no problem filling at Portage. The development department said it's actively working to fill the old Giant Eagle space. I'll have a story up about that this week. Thanks!
Jan Durfee
7:10 am on Wednesday, April 18, 2012
I was hoping for a store that sells clothing and other various household goods, something like Kohl's.
Dean
12:22 pm on Wednesday, April 18, 2012
And just how far away is Lowe's and Home Depot?
wmfr
9:39 am on Monday, April 23, 2012
I bought my house in the falls 3 years ago and I did a lot of research on the community as it related to crime and business development and at the time the portgage crossing project was being discussed and approved, I was excited about the idea of this and am happy it's going to be built. I have noticed a number of very negative residents in the falls as it relates to the city and this project, I see someone posted that in 5-7 years this building will be empty and a thrift store will take it's location over. I know that the developer has done their part on on studying the demographic and they believe this will work and I do as well.
To the people that are always negative about this community, I would pose this question: What should the falls do with that land? How can you argue this is not a huge step in this community and improvement? These are all high end retailers and while I agree it's disappointing Giant Eagle will leave an empty property it's still a win for the falls to have 60 million invested in this land and Acme rebuilding on state road. Seems everything is criticized that the city does. I am happy living here and know the city will be better because of this project.