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Roanoke City Council approved a site plan and economic incentive for an Albertsons warehouse.
The financial agreement was passed in closed session of the May 26 meeting and the council voted to approve the warehouse during the June 9 meeting.
The details
The request by Scout Cold Storage Roanoke was for 37,714 square feet of warehouse space to be used by Albertsons, a Dallas-Fort Worth-based grocery chain. The location is part of a 128.2-acre development that has an existing warehouse.
According to Scout Cold Storage’s website, there are 974,266 square feet of dry warehouse space, 143,109 square feet of cooler space and 130,136 square feet of freezer space at the location.
The action taken
Part of the economic agreement is that the developer must have qualified expenditures on the property of not less than $1.5 million by December 31, according to city documents.
The Chapter 380 economic development agreement is between the city and US LBM Holding, LLC.
What else?
Albertsons operates grocery stores under that name, Market Street and Tom Thumb, according to its website.
