News
WALMART TO MAINTAIN COVENANT
May 12, 2011
 |
| The members of the Southeast Lakeview Neighbors didn't approve of the proposed Walmart, but the retailer has agreed to keep a covenant between the landlord and the association. The owners of the Broadway at Surf building have agreed to not allow any single tenant to occupy more than 33,395 SF of the retail building, which houses a CostPlus World Market and TJ Maxx. “We plan to honor the landlord’s covenant and look forward to bringing a broad assortment of fresh, affordable grocery options to the Lakeview community with our Walmart Market format," says Walmart's Steve Restivo. Community members at meetings on Monday (and in April) voiced concern that Walmart might have a negative impact on local boutiques. Others think there aren't enough groceries in the area. Since a Dominick's two blocks north of the Broadway at Surf burned down five years ago, there are no big-box grocers in Southeast Lakeview. Trader Joe's opened two blocks southwest on Friday. |
