South Waldron Plaza Coming

PRESS RELEASE FROM CITY: The City of La Vergne Economic Development committee is pleased to announce a new development located on the south side of I-24 on Waldron Road, appropriately named South Waldron Plaza.

Developer Monte Turner of Turner and Associates is in the process of constructing the 11,400-square-foot building at this time. There will be eight separate units, which range from 900 to 1,500 square feet. They can be combined for a larger space, Turner said.

“I have a 2,700 square foot restaurant with a patio anchoring one end,” Turner said, adding that the Mexican/Southwestern grill will be named Las Fiestas. He also has pending deals with a 1,500 square foot market and a 1,500 square foot Laundromat.

Turner said there are five spaces left for the plaza which is scheduled to open in March, 2007.

“Four of the spaces are 1,200 square feet each and one space is at 900 square feet,” he said. “Yes, they are expandable to more than one unit.”

Ideal retailers for the shopping center would be a pizza shop, a dry cleaner a nail and hair salon, a doctor and/or dentist; a sandwich shop, an insurance agency, a real estate office or a chiropractor/massage therapy/physical therapy center, Turner said, noting that Sir Pizza, currently located in the in-line center next to Turner’s is moving to the new Madison Square Plaza, behind Burger King, off Murfreesboro Road.

Turner said that his company “decided on La Vergne due to the residential growth in the area and specifically because of the growth on that side of the Interstate. We want to capture the residents and alleviate the need for them to have to travel all the way to Murfreesboro Road.”

He said the demographics are showing very strong residential density with almost 7,000 people living within a two-mile range with a very high average household income of approximately $72,000.

“The employment base of 3,500 workers in a two-mile radius was also a big factor in our decision to locate here,” he said. “Our building will be a mix of brick and stucco and we plan on it being a great asset to this area of the market. We want to provide the residents with a convenient, nice and accessible neighborhood shopping plaza.”

For more information or to inquire about space rental, call Turner at 615-383-7878.