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Kroger Buys Powell Airport Site

By: Steve Goldman, CCIM

 

Original site plan for the new Kroger shopping center in Powell

Original site plan for the new Kroger shopping center in Powell

A new Kroger is planned for the Powell Area.

According to a story in the Knoxville News Sentinel, the grocery chain closed on a 16.6-acre tract that was once part of the Powell Airport site, in a deal valued at more than $4.3 million.

In March 2013, MPC approved a development plan for the site. A considerable amount of fill dirt will be needed to make it buildable.

 

Steve Goldman, CCIM

Steve Goldman, CCIM is the Founder/Principal Broker of Goldman Partners Realty. He specializes in net leased and multifamily complexes 30 units and up. vCard

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