The owners of the Holiday Village Shopping Center have submitted plans with the city to renovate their Brooks Street property, and another retail store is slated for construction at the South Crossing development.
David Rosen, executive vice president of Rosen Associates Management Corp., said in August his firm was contemplating a “full-blown” renovation of Holiday Village, and that work could begin as early as spring.
The New York-based company declined to comment on the extent of its plans, but papers filed Dec. 11 with the city’s Development Services clear the way for renovations to begin.
“Looking at the plans, it’s more of a facelift,” said Don Verrue, assistant director of Development Services. “It’s going to look really nice. It’s similar to what Trempers did with their property.”
Trempers Shopping Center launched a $1.6 million renovation in 2006. The work included renewing the property’s 1958 façade and improving the landscaping. The Missoula Redevelopment Agency also awarded nearly $1.5 million to the project.
The work prompted Trempers’ tenants to improve their stores as well. The Book Exchange spent roughly $180,000 updating its store, and Albertsons completed a $3 million store renovation.
Verrue said plans received by the city suggest Holiday Village will receive a similar facelift once work begins. The pending project has already prompted tenants to invest in the location.
CVS Pharmacy began renovating the unit at the west end of the shopping center in August and plans to fill the new location once work is complete. The move will leave the current unit occupied by CVS vacant.
Calls to the company's St. Louis office weren't returned Tuesday.
Rosen Associates lists seven of the shopping center’s 14 spaces available for lease. The spaces range from 30,000 square feet to 1,200. Current Holiday Village tenants include CVS, Jo-Ann Fabric and Craft, Access Fitness and the China Buffet, among others.
A permit to construct a new four-tenant commercial store in phase two of the South Crossing development also cleared the city this week.
Kraig Erickson, leasing manager with the Woodbury Corp., which owns the property, confirmed the project would join McKenzie River Pizza Co. on South Reserve Street.
However, Erickson said tenant leases have not been finalized for the new spaces and he was not at liberty to discuss any businesses that may occupy the new units.