Walmart not coming to Monroe

Walmart will not be coming to town after all.

John Kimball of Monroe-based developer Kimball Landing Holdings, LLC released a statement today saying that Walmart officials informed his office that it has “decided to no longer pursue building a Walmart Supercenter store” off of Victoria Drive in Monroe.

“We want to thank the volunteer boards and commissions, town staff, town leaders and the community at large for their support in helping us move this project forward,” stated Kimball in the release. “We are disappointed with the decision knowing how hard both parties have worked to obtain all the necessary approvals and permits.”

Kimball stated that all parties appreciate the support, saying “we are now turning our focus and efforts to assessing options and alternatives for the development of our property.”

Kimball could not comment on why Walmart executives chose to pull out of Monroe but did say “we have a fully approved site with a building permit in place which is an exceptional opportunity for a new tenant to fast track the development process.”

Only weeks ago, Mr. Kimball told The Monroe Courier that all the permits were in place and a final sign off from Walmart executives was all that remained. Once received, Kimball had said that groundbreaking on the 150,000-square-foot Walmart superstore could begin.

Now, after several years of dealing with state and local boards and commissions, obtaining all the necessary permits and even fighting a legal challenge from neighboring property owners, the future of the vacant space off Victoria Drive now shifts into limbo.

Once the Walmart was completed, Kimball had stated his adjacent project, The Shops at Victoria Place, a plaza with nearly 100,000 square feet of retail planned right along Main Street, or Route 25, would be expected to open a year after Walmart opens its doors.

As for the retail plaza, Kimball has stated he hopes to fill the spaces with small shops, restaurants and clothing or craft stores. He expected the development’s tenants to range in size from 1,000 up to 30,000 square feet. Kimball said that the front parcel for the shops at Victoria Place is on hold until a new anchor for the site is found.

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6 total comments on this postSubmit yours
  1. Best news in an age. Now if P&Z could start thinking about a walkable town centre, instead of a collection of half empty 1950s stripmalls strewen across town like a cobweb, clogging the arteries of traffic, weu2019d be on a roll.

  2. Great, now we get to look at a massive muddy vacant lot for years to come. Hopefully something will move into the area so it can help with the tax base.

  3. Lets work on getting Route 25 ready for these stores they may be moving into the area in the future. Route 25 is a mess!

  4. No Walmart in Monroe is the best news I’ve heard in a while . It was a stupid idea in the first place. The citizens of Monroe never had a chance to properly debate this. The whole thing was a sneaky move. Serves them right.

  5. The tax base gets another hit as Walmart disappears, the governor cuts $500,000 from Monroe’s education budget, and in DC the Republicans are trying to do away with the deductions for mortgage interest, and state and local taxes. What do you think will happen to Monroe? Property vales go down and the mill rates goup and up and up. Don’t celebrate too soon.

  6. It look’s like we lose to Trumbull once again.

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