HAMMOND | A new Family Dollar store is being proposed for downtown Hammond near the Strack & Van Til at Hohman Avenue and Sibley Street.
The Hammond Redevelopment Commission approved the concept Tuesday.
The developer has agreed to construct the building as all brick to complement the recent improvements to the downtown area, said Phil Taillon, executive director of the Hammond Department of Planning and Development.
“We have put a lot of money into downtown with the Hohman Avenue redevelopment project and creating a new parking lot and event space as well as resurfacing Hohman Avenue and putting in brick-paved walkways,” Taillon said. “When someone is moving to downtown, we want to make sure the building itself fits with some of the things we just accomplished.”
A representative from the developer of the proposed store, Atwater Group of Chicago, told Redevelopment Commission members that the store would be the first ground-up facility in the Northwest Indiana market and use the newest prototype.
The same developer owns the Family Dollar at 6933 Indianapolis Blvd., and sales have exceeded expectations, indicating a need for additional stores, said Nicholas Stratigakes, president and CEO of Atwater Group.
Atwater Group would maintain ownership of the store and lease it to Family Dollar for an initial term of 10 years, Stratigakes said.
Construction of the store could begin in July with a targeted opening later this year if the project receives necessary permits. The developer also is resolving technical issues with the city regarding drainage and handicapped accessibility.
“In many municipalities, there's always the concern of the property and maintenance of the property and who is the landlord,” Stratigakes said. “We don't sell anything we own. We have a vested interest in the project. We will be the landlord.”