WICHITA — Stonebridge developer Paul Jackson now confirms whatHave You Heard? reported was a possibility in March.
Sonic is coming to his development at 37th Street North and Maize Road.
“The long and short of it is the real estate market’s picking up a little bit, and we’re getting activity out at that Stonebridge site,” says Jackson, who has Vantage Point Properties.
Menards is the anchor tenant at the 40-acre development. Sonic is taking the first pad site at Stonebridge. Jackson says there are about 12 acres left to develop with nine more pad sites for retailers, restaurants and service-oriented businesses.
Jackson says Sonic has a strong Wichita presence with 24 restaurants in the area.
The Stonebridge Sonic is expected to open in late August.
“They’re moving awfully fast,” Jackson says.
He’s working on getting another deal under contract at the development.
“We’ve seen a real change in the retail world,” Jackson says. “I don’t want to be too optimistic, but it sure feels like it’s going the right direction now.”
Look for Andover news from him next.
“I suppose it’s largely just confidence,” Jackson says of the market. “Things are getting better, and so it’s time to do business again.”