Lowe's Home Improvement Update

K-Mart Going Down

Photo courtesy of Renee Llanos

Lowe's Going Up!

About this Lowe's Project:

Lowe’s development in Derby 

• Being designed by Mulvanny G2 Architects of McLean VA.

• The building will be 124,042 square feet enclosed.

• Plus 28,839 square feet garden center.

• The building will be a one (1) story structure.

• The height of the building will be 29 feet at the front parapet.

• The building will employ 150 to 200 people.

• Cost of construction has not been finalized.

• Inland Wetland approval April 2007

• State Traffic Commission approval August 2007

• Planning and Zoning approval September 2007 approval.

Click here for a drawing of the proposed building

About Kimco Realty:

Kimco Realty Corporation

Kimco operates as a real estate investment trust (REIT) and is the largest publicly traded owner and operator of neighborhood and community shopping centers in North America.  In addition, the company develops retail properties for sale, invests in real estate related securities and mortgages secured by retail real estate and provides capital and expertise to retailers with surplus real estate.

Kimco presently has interests in over 950 centers totaling more than 147 million square feet.

Kimco presently has 9 centers in Connecticut.  They are: 

• Branhaven Plaza in Branford 

• Derby Shopping Center here in Derby 

• Elm Plaza located in Enfield 

• Farmington Plaza located in Farmington 

• Hamden Mart in Hamden 

• Home Depot Plaza located in North Haven 

• Southington Plaza in Southington 

• Waterbury Plaza located in Waterbury 

• West Farms Shopping Center located in Farmington

Posted November 1, 2007