Business

July 10, 2013

Atlanta developer getting extension to market Capital City Stadium

Bright-Meyers, which last year failed in its attempt to bring a controversial Walmart store to the Capital City Stadium site, is getting six more months to find replacement tenants.

Bright-Meyers, which last year failed in its attempt to bring a controversial Walmart store to the Capital City Stadium site, is getting six more months to find replacement tenants.

Columbia City Council on Tuesday gave tentative approval to a second six-month extension to its sales contract with the Atlanta-based company that is to develop the six-acre property.

The extension reaches into January 2014, said assistant city manager Missy Gentry.

“He would not be asking for an extension if he were not optimistic that there’s still a deal to be worked out,” Gentry said of Bright-Meyers project manager Matt Sasser.

Many residents who live near the site along Assembly Street complained loudly that a Walmart store would damage their neighborhood. Ultimately, the retail giant decided not to seek that location for its first downsized, urban Walmart in Columbia.

With this extension, Bright-Meyers will have had 18 months to market the site, Gentry said.

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