Chevron to shutter, be replaced by new development
The Chevron gas station located at 1486 Scott Boulevard near Suburban Plaza is slated to close this weekend. In its place, Mark Light of Lighthouse Realty Advisors plans to build a 6,000 square foot, multi-tenant center with 36 parking spaces.
The property, located at the dynamic intersection of Medlock Road, North Decatur Road and Scott Boulevard, is close to both Suburban Plaza and Decatur Crossing, the new Fuqua Development project.
Light, a 26 year veteran of the Atlanta real estate community as Vice President of M&P Shopping Centers, left the group in late 2014 and launched his own development company this past year.
The gas station property previously included a Hertz rental office which already relocated to Maple Street in Decatur within Maple Street Collision. The property is also home to "Cleaner 2 K," a dry cleaner, which is reportedly in the process of finding a new location.
Sources tell me that a "national mattress retailer" has signed a lease for 4,000 square feet in the center. A "national wireless carrier" is reportedly in lease negotiations for the remaining 2,000 square feet. If, as I'd say it's safe to assume, the "national mattress retailer" ends up being Mattress Firm, it would be only a mile from the company's huge, SuperCenter/Clearance store at North Decatur and Clairmont Roads.
An existing SunTrust ATM will reportedly be rebuilt and relocated as part of the new center.
Plans call for demolition of the existing building in the coming weeks and for the construction of the new building to be completed in July or August of this year.
Are you excited about the upcoming development? Do you, as I do, wonder how in the world so many mattress stores are able to survive in this city? What would you like to see open in the upcoming Decatur Crossing project?
Please share your thoughts below.