Many residents complain when a Wal-Mart moves near them, but Wal-Mart doesn't complain when new residences are built next door:
A developer with plans to build 49 townhomes across the highway from Wal-Mart...The Overlook project is located on a 6-acre parcel of land on the east side of U.S. Highway 550/160 south of town, across from Wal-Mart...
Emil Wanatka, an agent for Tarpon West LLC, hopes to build on the success of the Parkside Terrace townhome project in South Durango by offering reasonably priced housing close to downtown.
"We see this as providing good-quality attainable housing to people who can live close-in to the amenities of Durango where existing infrastructure is already in place," he said.
Wanatka hopes to price the two- and three-bedroom units starting at $225,000. The fourth quarter median selling price for townhomes in Durango was $259,000.
If built, the Overlook would be a residential project in a sea of commercial buildings....
There is a pedestrian crosswalk at the Wal-Mart intersection, and sidewalks along the frontage road to the Overlook property, Wanatka said. He believes the project's location is an asset.
"The Wal-Mart center provides a great amenity - there are restaurants, an eye doctor, groceries, a liquor store, a movie-rental business ... and with improvements to State Highway 3 and the frontage road, access to town is very convenient," he said.
Posted by Kevin on January, 19 2005 at 10:54 AM
