Within weeks construction will begin on a retail center, the latest project at the Corner@Drake, developed by AVB
at the interchange of US-131 and Stadium Drive.
The new retail center, known as Corner Shoppes@Drake, will feature 20,000 square feet of retail space in two separate buildings. In addition to the usual spaces for retailers in the shopping center, the spots on the ends of the buildings will have drive-through capabilities attractive to restaurants or retailers.
The Corner Shoppes will front on Drake Road and are expected to be completed by winter of 2016. Negotiations are underway with potential tenants and AVB expects the available shopping center space to fill.
The company says local and national tenants are talking with them. "We are keeping our eyes open to all opportunities that present themselves as we continue those discussions." The company expects several tenants will be new concepts to this market.
Construction on the 40-acre Corner@Drake development began in November of 2013. It is proceeding as anticipated by AVB and the Corner Shoppes portion of the development is not its final phase.
The new regional retail center is home to Costco, Field & Stream and Consumers Credit Union. AVB reports that large crowds accompanied the opening of Field & Stream and the momentum for development continues to build.
Corner@Drake serves as a central retail hub to the 524,000-plus residents in the region. It is centrally located at Stadium Drive and Drake Road and is quickly and easily accessed by the entire region. It also is close to downtown Kalamazoo, Western Michigan University, and Kalamazoo College.