Konover Dev. Corp. constructs 16,410 s/f Ranson Shoppes project

June 24, 2009 - Retail
Konover Development Corporation is constructing a multi-tenanted retail project on Rte. 9 bypass. Konover Development purchased this fully approved, 16,410 s/f project from a larger, master-planned development in September of 2008.
The Conn.-based developer has already leased space within the center to local restaurant staples and industry leaders, Five Guys Burgers and Fries and Jerry's Subs & Pizza. The Ranson Shoppes are part of the highly successful Potomac Town Center anchored by Home Depot, Weiss Supermarket & Kohl's on the east side of the signalized highway intersection. On the west side of Rte. 9, Konover's new open air center's neighbors are Rite Aid, Chick-fil-A, Bob Evans and McDonald's. A multiple screen theater complex and other large format retailers are approved as part of the balance of the master-planned Potomac Town Center surrounding Konover's new project. Construction of The Ranson Shoppes is expected to be completed this summer.
Michelle Carlson, vice president of project development and Henry Resnikoff, executive vice president for development, are responsible for completion of the project.
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