New developer interested in former Menards site
A new developer is interested in Janesville's former Menards site.
Gale Price, Manager of Building and Development services for the city, says there would be multiple leaseholders in the building. He says the difficulty with the site is that it was a home improvement store, which doesn't attract as much traffic as a general retailer. If there's a potential increase in traffic around the store, the city would perform a traffic study, and could possibly re-configure the traffic flow. Price says the developer needs to complete pre-leases and get potential leaseholders for the back portion, once a lumber yard, lined up.
He expects a formal proposal from the developers in thirty to forty-five days.
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