HomeMy WebLinkAbout1980 09-17 K'Mart, Red Owl to open in Maplewood THE REVIEW K'Mart, Red Owl to open in M'wd
Maplewood will soon have its own K- Interstate 35E. to growth of the city's tax base.
Mart Store and Red Owl Country Store. According to information supplied to The Red Owl Country Store will occupy
The businesses will be located in the the city by K-Mart officials, the 4,100 square feet in the north end of the
S former Zayre Shoppers City building at Maplewood store will employ about 100 building,where the former Zayre grocery
1790 Van Dyke Ave.The remodeling and persons and will have an annual payroll of department was located.
�� renovation of the structure is being aided approximately $1,100,000. Annual sales The grocery store will have its own
V" by$4.3 million financing in the form of a are projected to be$8,600,000. separate outside entrance and is slated to
commercial revenue note from the city of The Maplewood city council has given open in early December.
Q Maplewood. preliminary approval of the$4.3 million The"no frill"store will be a warehouse
(��` The K-Mart Store will open in mid- request by K-Mart for revenue note type market with many conveniences of
l November and will be similar to the other financing. This is the first time such modern supermarkets. It will have a
discount stores in the chain. Area K- financing has been provided for an bakery,delicatessen and nine check-out
Marts are located north of Maplewood already existing building. lanes.
Mall in White Bear Lake, in Oakdale In the past,the city's policy has been to Shoppers will not have to place prices
along Interstate 694,and in St.Paul at the only provide tax exempt financing for on their purchases but will have to bag
intersection of Maryland Avenue and new construction on the basis that it adds their own groceries.