UPDATED — The Menards deal at K-96 and Webb Road, which stalled when the economy tanked, is back on.
The Wisconsin-based home improvement store has purchased 17 acres just northwest of Johnny Carino’s and will break ground on a 200,000-square-foot building in the next 30 days.
“It’s big news, because how many 200,000-square-foot buildings are under . . . construction right now?” says Christian Ablah of Classic Real Estate, who handled the deal.
The Menards building permit will be for more like 240,000 square feet including overhangs.
Menards will employ 130 people, about half of whom will be full-time workers.
Ablah says that although Wichita is definitely seeing more commercial activity, it still takes a lot to get deals done right now, especially one of this size.
“Everything is so scrutinized to make sure everything absolutely is done perfect.”
He says that even nationally, these kinds of deals aren’t happening every day like they used to.
“There’s not a lot of big boxes doing new deals right now all across the country, so for Wichita to get this, it’s a coup,” Ablah says. “It’s awesome for Wichita.”