Konover Development Corp. completes new 14,820 s/f Walgreens

February 26, 2009 - Retail

Walgreens

Konover Development Corporation has completed the new 14,820 s/f Walgreens located at the corner of Main and Elm Sts.  According to Deborah Kern, vice president of project development for Konover Development, the building was turned over to Walgreens on January 1st, with an opening scheduled for early spring.
The project is a significant piece of Main St. redevelopment and is one of the first to reflect the findings of the recent Main Street Area Study conducted by the town. A corner of the project was designed to enhance the gateway into town with its pedestrian friendly design. It has a welcoming streetscape, complete with a circular planter filled with unusual plantings, serpentine stone wall, park bench and period lighting. Additionally, Konover Development worked closely with town officials to retain the mature oak and maple trees along Main St. "I would like to commend Konover Development on the overall development of the Walgreens building and surrounding grounds. It complements Main St. so well and serves as a model for the whole corridor as to how the properties should be upgraded," Steven Wawruck, first selectman, Windsor Locks said. "I, along with the townspeople, anxiously await the grand opening of Walgreens and look forward to it being a part of our business district."
The building's design complements the two adjacent historic buildings: the 1880s era Memorial Hall and the Congregational Church of Windsor Locks; the Walgreens building was intentionally set back from Main St. so it would not detract from these historical structures.
Konover Development is committed to adding value and creating long-term relationships within communities where they develop properties. "Konover Development worked closely with the town to make sure that the new Main St. Walgreens is a perfect fit, both for the community and the downtown's architectural surroundings," said Paul Smith, entitlements attorney. "The folks I've spoken with agree that Konover Development's new Walgreens is a beautiful building and a great improvement to the corner of Main and Elm Sts." 
Once occupied this project is expected to substantially increase tax revenue to the town.
"We had a great relationship working with the town staff, and the Congregational Church leaders right from the start of the project," Glantz said. "Konover was able to donate a portion of the land it purchased to the church for its future use." As a member of both the Economic Development Commission and the Congregational Church, Carl Philbrick had twice the interest in making sure this project went well. "The Church is pleased to have been a supporter of this project from the very beginning.  Working with the Konover team has provided the town with economic stimulus and the Church with a much needed parking area that we hope can be developed along with the town's Main Street Revitalization Program," he said.
About Konover Development
Konover Development Corporation specializes in retail real estate development throughout the Northeast and Mid-Atlantic states.  Konover is one of the region's most active developers, with over 2.5 million s/f of new projects currently in various stages of development for national and regional retail clients.  Konover partners with communities to foster understanding and consensus for every new project.  This spirit of cooperation has been successful in achieving the right balance of client and community needs for over 50 years.  For more information, visit the company's web site at www.konover.com. 
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