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Landmark Real Estate News

$20 million project in the works for Tyler, Kellogg

Tuesday, March 27 2007 12:00 AM
Developers are shopping for a large retailer -- perhaps a grocer -- to anchor Holland Place, a mix of shops and eateries that'll go in at Tyler and Kellogg.

By Bill Wilson

The WIchita Eagle

It took Brad Saville five years to piece together a 12-acre jigsaw puzzle at Tyler and Kellogg. Today, the puzzle is complete, and plans are in place for a $20 million development on the northwest corner of Tyler and Kellogg.

Holland Place, a 200,000-square-foot retail and restaurant project, is being developed by George Holland of Holland Paving and marketed by Saville, president of Landmark Commercial Real Estate.

Job one is landing an anchor, Saville said. He's pursuing a major grocery chain to build a 100,000-square-foot store.

"Grocery stores are getting bigger," he said. "Kroger is building 100,000 square-foot-stores, and there are other chains interested in coming into Wichita."

Six pad sites along Kellogg and Tyler range between 21,000 and 40,000 square feet, with a variety of restaurant and retail uses possible.

The project targets a rapidly growing demographic, according to a Landmark prospectus.

Surveys estimate almost 50,000 people with a median income of about $60,000 will live within three miles of the development by 2008.

"About 90 percent of the residents are north of Kellogg and the access is very handy," Saville said.

It's also a high traffic area with 56,000 cars a day, the prospectus showed.

The land has been commercially zoned for two years, said John Schlegel, the city-county planning director, and was plagued by drainage problems that have bene corrected.

Saville said developers needed that time -- and more -- to piece together the tract from home and business owners.

"It's been complex from the perspective of land assemblage, time consuming," he said.

Owners at the Horn, a longtime local restaurant at 1255 S. Tyler, couldn't be reached for comment Monday.

Holland Paving has a satellite office on site that will be relocated.

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