New Development Activity in the area

Discussion in 'Discussion Group' started by jesse82nc, Aug 14, 2020.

  1. Smithers

    Smithers Well-Known Member

  2. markfnc

    markfnc Well-Known Member

    Last edited: Dec 16, 2024
  3. Judge Smails

    Judge Smails Well-Known Member

    Any updates on construction next to Aldi on Hwy 42? Not across Son-Lan Parkway which was supposed to be a car wash at one point, but the lot directly abutting it.
     
  4. tassy

    tassy Well-Known Member

    JoCo GIS viewer shows that Aldi owns that piece of property also.

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  5. jesse82nc

    jesse82nc Well-Known Member

    Funny though, it used to be one property total and it looks like Aldi's subdivided it earlier this year. My guess is that they are leasing it to someone and they will build something small there. Usable space is just about an acre of that 3.6. The western edge is steep slopes and a utility easement. The back part is completely unusable.

    2024-12-23_07-25-38.jpg
     
    tassy likes this.
  6. jesse82nc

    jesse82nc Well-Known Member

    I did also find this after some digging. This part of this property across the street from Aldi's is the new WaWa. It looks like they own two additional properties adjacent to it as well, no idea on what else is planned for those yet.

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    2024-12-23_07-36-48.jpg
     
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  7. markfnc

    markfnc Well-Known Member

    I saw on next-door that the land behind the Aldi's would be a discount tire. I haven't seen anything on my bid sites about that, and the shape of the lot, I don't think it would fit there.
     
  8. Judge Smails

    Judge Smails Well-Known Member

    I saw some of those as well and wonder if it's simply rumor. Seeing that Aldi still owns it i was curious if maybe they were just going to expand the parking lot, or perhaps even the building at some point.
     
  9. Smithers

    Smithers Well-Known Member

    https://corporate.aldi.us/real-estate/available-properties/

    Aldi has a whole web page for their real estate opportunities, both vacant land and existing buildings. So renting their land to another business sounds completely reasonable. The Just Tires a block away is on less than an acre, so I guess a Discount Tire is conceivable.
     
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  10. markfnc

    markfnc Well-Known Member

  11. markfnc

    markfnc Well-Known Member

  12. Smithers

    Smithers Well-Known Member

    I don't think I've seen this before. A site offering properties near NC 42 and Old Drug Store Rd. We know that property 3 is the Wawa, and property 6 is the Pinnacle Storage.

    It says that property 4 is available, but I thought that was the new oil change place (where they've already built the below-ground room for draining a car's oil from below). Maybe I'm mis-estimating where that was, and the oil change place was actually property 5. (Edit: I was indeed misestimating the property lines. The oil change shop is property 5)

    So if properties 2 and 7 are leased, I'd love to know what's going in there. I don't think I've seen any details about those.

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    Last edited: Jan 25, 2025 at 9:24 PM
  13. markfnc

    markfnc Well-Known Member

    Id agrees that #4 is oil change place, as I'm pretty sure that is where the underground (oil change pit) is being built.
     
  14. markfnc

    markfnc Well-Known Member

    My construction bid site shows the expected start date for the chase bank as Sept 2025. Bidding early Summer 2025
     
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  15. jesse82nc

    jesse82nc Well-Known Member

    So #7 is owned by "TIKI BAR BUILDERS, LLC", the company has existed for 5 years, and MAST law firm is somehow involved. But otherwise not sure if it will be a restaurant of some kind or a business building Tiki Bars.
     
  16. Smithers

    Smithers Well-Known Member

    Good catch, I never noticed that! And yes, Tiki Bar Builders just seems to be all the Mast Law Firm partners under a different business name. Very odd.

    All of those other properties are owned by a variation of "TRIPLE B #xx MAST LLC".

    Real estate, development, and law. Three very secretive and incestual institutions. ;)
     
  17. Smithers

    Smithers Well-Known Member

    I took another look at the physical site and have changed my mind. I see now the oil change shop is actually property 5.
     

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