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Holt Plaza Project Moving Forward

Bay View and the entire 14th District will soon be getting a much-needed Home Depot home improvement store at the new Holt Plaza shopping center at W. Holt Ave. and S. Chase Ave.

The $20 million Holt Plaza development, when finished, will feature a 103,000-square-foot Home Depot store (including a garden center) and a larger, newly reconfigured Pick 'n Save store with more than 75,000 square feet of space, said Ald. Zielinski, who helped secure Tax Incremental Financing (TIF) for the plaza.

Ald. Zielinski said the project will bring 350 jobs to the plaza and will also support 150 construction jobs. In addition the development will boost the tax base and generate valuable property tax revenue for the city. "This is a tremendous project not only for the jobs it will create and the tax revenue that it will generate, but it's also going to help provide tools and valuable fixtures and materials of all kinds for the booming building and rehab activity in the district," Ald. Zielinski said.

The new Pick 'n Save will be open next year, and the Home Depot is expected to be open by the end of 2006. Some 20,000 square feet of additional retail space adjacent to the site on three lots will be developed in 2005 and 2006.

The site is the location of the Pick 'n Save and the former Builders Square, which shut its doors when it folded in 1999.

 

As a backhoe prepares to work at the construction site at S. Chase Ave. and W. Holt Ave., Ald. Zielinski discusses the Holt Plaza development with Ronald San Felippo, president of SFCC Inc., (standing to Ald. Zielinski's right) and Jeff Pfister, a general manager with Home Depot.