WICHITA — The Menards deal at K-96 and Webb Road, which stalled when the economy tanked, is back on.
The Wisconsin-based home improvement store has purchased 17 acres just northwest of Johnny Carino's and will break ground on a 200,000-square-foot building in the next 30 days.
For a city where commercial deals have stalled or died in the last year or so, it’s a significant development.
"It's big news, because how many 200,000-square-foot buildings are under . . . construction right now?" says Christian Ablah of Classic Real Estate, who handled the deal.
He says that although Wichita is definitely seeing more commercial activity, it still takes a lot to get deals done right now, especially one of this size.
"Everything is so scrutinized to make sure everything absolutely is done perfect."
Check back later today and in The Eagle Wednesday for more details.