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City helping to find buyer for Lowe’s store site

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POSTED October 3, 2012 1:11 a.m.

Lowe’s definitely won’t be building a store in Manteca any time soon.

The home improvement chain wants to sell the 10 acres they bought for a store on the south side of Daniels Street where it T-intersects with Fishback Road near the Airport Way and 120 Bypass interchange.

The firm purchased the property in 2006 and then secured city approval for a 140,013-square-foot store along with a 29,153-square-foot garden center. But then The Great Recession hit promoting a drop in home sales and home improvement spending. It would have been Manteca’s biggest retail store topping the current No. 1 store in size, Costco at 135,000 square feet. In comparison the Manteca Home Depot store has 125,000 square feet.

On Tuesday, the City Council met behind closed doors to discuss a request by Lowe’s for help in marketing the property. No details were released but the city apparently is securing the services of ANF Development to try and find other commercial users for the property that is part of the Stadium Retail East project.

Tuesday also happens to be the day that the McDonald’s opened as the first business to build in the project.

ANF Development played critical, behind-the-scene roles in helping lure Bass Pro Shops, Poag & McEwen (The Promenade Shops at Orchard Valley) and Del Webb at Union Ranch to Manteca. The firm also had a role in getting Great Wolf Resorts interested in possibly building in Manteca.

The original Lowe Center plans also called for 37,000 square feet of in-line store space and a 4,000-square-foot restaurant. Part of those plans have since been changed to accommodate McDonald’s and a second fast food store that developers hope to secure Chick-a-Fil as a tenant.

The sale of the land means that different plans will be developed for the site as the approval is only for a home improvement center

Lowe’s only bought the land that the store would have been built upon. The store would have backed up to homes on Laurel Park Circle as well as across from existing homes on Daniels Street.

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