» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 133 | NO. 27 | Tuesday, February 6, 2018

Trader Joe’s Seeking First Official Approval from Germantown

By Patrick Lantrip

Print | Front Page | Email this story | Email reporter | Comments ()

The saga of Trader Joe’s in Germantown has had more than its fair share of ups and downs over the last several years, but those all appear to be in the rear view mirror, as the first tangible plans listing the highly-sought after grocer have surfaced.

On Thursday, Feb. 8, the Germantown Design Review Commission subcommittee will review Trader Joe’s application for its location in the Germantown Collection shopping center.

Though previous plans for the 2130 Exeter Road site have been reviewed and approved by various planning boards in Germantown, this is the first time that Trader Joe’s has been listed as the tenant.

The first hint that the on-again-off-again project was finally coming to fruition was a $750,000 building permit application citing “tenant buildout” for Trader Joe’s that was filed with the Shelby County Office of Construction Code Enforcement on Jan. 26.

The future of Trader Joe’s in the Memphis area was most recently cast into doubt in May of 2017 when Centennial American Properties, the previous developers of the planned Trader Joe's location, told The Daily News they were pulling out of the project.

However, the project again began to show signs of life several months later when Savannah, Georgia-based Wicker Park Capital Management, doing business as 2130 Exeter Road Holdings, took over the project.

On Nov. 7 2017, 2130 Exeter Road Holdings’ revised site plan was approved by the Germantown Planning Commission, however no tenant was named in the plans, and representatives with the development team declined to speculate on whether or not Trader Joe’s was still involved with the project.

In December, Wicker Park purchased the parcel of land outright from previous owner Robert H. Schwab for $8.1 million.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 52 374 8,123
MORTGAGES 52 433 9,632
FORECLOSURE NOTICES 9 90 1,448
BUILDING PERMITS 218 906 17,513
BANKRUPTCIES 45 252 5,658
BUSINESS LICENSES 0 143 3,091
UTILITY CONNECTIONS 24 152 3,402
MARRIAGE LICENSES 38 158 1,846

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.