VOL. 117 | NO. 143 | Tuesday, August 12, 2003
Last of the largest Cordova retail centers readying
Large center rounds out Germantown corridor
By ANDREW BELL
The Daily News
A $2.1 million, 62,000-square-foot shopping center is under
construction on what one contractor described as one of the last large tracts
of available commercial property on North Germantown Parkway in Cordova.
About two weeks ago, a new Chilis restaurant opened for
business at the front of the property, located at the intersection of Cordova
Road and Germantown Parkway.
It remains to be seen exactly how many and what types of
retail businesses will commit to open in the new center.
Brett Grinder, vice president of Grinder, Taber and Grinder
Inc., said work on the retail center situated on about 8 acres should be
completed by mid-October.
Construction began in May.
Grinder said higher-than-average construction costs might
distinguish the structure from the numerous other retail centers located along
Germantown Parkway between Walnut Grove Road and U.S. Highway 64 including
neighboring Parkway Plaza at Cordova, which houses, among other businesses, a
Schnucks grocery store.
Its a little higher-end than your typical retail centers,
Grinder said. There are a good deal of power elements, with some high-end back
lighting inside the towers and a metal roof on the towers.
He said the centers facade will be taller than the typical
shopping center in the vicinity.
Grinder, Taber and Grinder also built the 15,000-square-foot
Federal Express Credit Union building located directly behind the unfinished
shopping center at 8115 Country Village Drive.
It opened in winter 2002.
Grinder said businesses have expressed significant
interest in renting bay space in the center.
There seems to be a lot of activity for this, he said. I
know (developers) are working with a handful of tenants.
Attempts to reach developer Ford-Lurie Commercial Realty
were unsuccessful by press time.
Grinder said the building was designed to accommodate either
large bays for a few tenants or small bays for several tenants.
It could certainly take a large retailer who wanted 20,000
square feet of space, he said. The infrastructure was designed in such a way
that its flexible enough to handle either few or many.
Grinder said the site is the largest remaining tract of land
available for commercial use in the area.
There may be a few outparcels in the area, but this is one
of the final empty parcels left, he said.