Archive for Wednesday, November 22, 2006

Center hopes to land Whopper

Burger King has option for Carriage Hills site

November 22, 2006

Carriage Hills Plaza, which already is home to a Popeyes Chicken & Biscuits and is awaiting construction of an Arby's Roast Beef, has a new prospective tenant in its sights: Burger King.

Scott Fishman, a sales agent with Fishman & Co., one of the developers of the center at Main Street and Express Drive, said Burger King has an option to build on the pad site in front of the Holiday Inn Express.

"They like the site, and I have every indication they'll go through with the purchase," said Fishman, noting developers should know within 60 to 90 days whether the deal will be consummated.

Mayor Kenneth Bernard said he was pleased with the news and looked forward to Burger King becoming a part of Lansing.

"It'll mean continued retail growth, additional sales tax to the city and additional guests stopping in the city," he said.

Fishman said talks with Burger King officials to build at Carriage Hills had been ongoing for some time.

"You have to have a lot of patience in this business," he said. "We're hopeful."

In addition to the Burger King news, Fishman said a 1,500-square-foot space in the main phase I area of the center was being outfitted for Major Tan, a tanning salon.

"We're working on their build-out now," he said. "It should be ready within 45 days."

Developers of the center, which now houses Popeyes, a financial services business and a check-cashing business, say they are hopeful there will be more tenant announcements forthcoming.

Fishman said discussions continue with a Kansas City-based coffee shop for the north end of the center's phase I.

"They'd be a great addition," he said. "I hope we can come to an agreement."

Officials continue to seek a restaurant for the southern end of phase I, he added.

When those two spaces are filled, Fishman said, developers will gear up for phase II on the southwest end of Carriage Hills.

"We think once the first phase is fully leased, the second one will go fast," he said.

Prospective tenants, Fishman said, were waiting to gauge how much traffic the center will generate before committing. He suggested those prospects should look to Popeye's.

"They're really creating traffic," he said. "I know they're pleased."

Traffic into Carriage Hills should increase even more once Arby's enters the market. Fishman said the franchisee for the Arby's is building another store and wants to get it finished before starting construction in Lansing.

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