ATHENS, Ala. — Athens will soon have more shops and places to eat. Some of the new stores? TJ Maxx, Old Navy, Ross, Ulta Beauty, Chicken Salad Chick, Ace Hardware, Valvoline, and Jack's Restaurant.
The 'Noon Athens project' includes TJ Maxx; Old Navy; Ross; Ulta and five below...These will all be near i-65.
Noon Athens Project
- Jobs: 125
- Taxable sales: Estimated $20 million annually
- Location: U.S. 72 East near I-65 behind Wendy’s
- Economic development project agreement: After the five stores open, City provides $2 million incentive. After the stores operate one year, City provides $2 million incentive. After the stores have been open two years, the City provides a $2 million incentive.
Chicken Salad Chick; Ace Hardware and Valvoline will be part of the 'Ming C.R.E Group' project off Bab Daly Road.
Ming CRE Group Project
- Jobs: 165
- Taxable sales: Estimated $6.5 million annually
- Location: U.S. 72 East and Bab Daly Road
- Economic development project agreement: Reimbursement of sales tax generated from the new retail for six years or until $800,000 max is reimbursed, whichever comes first.
- Public infrastructure improvements: New turn lanes on U.S. 72 at entrance and media improvements at Greenfield Drive intersection; new road for U.S. 72 access and internal lots; extension of water, sewer, gas and electric services.
And the 'LP Project' is Jacks' Family Restaurant that will be located along Lucas Ferry Road..
LP Project
- Jobs: 50
- Taxable sales: $1.8 million
- Location: U.S. 72 and Lucas Ferry Road
- Economic development project agreement: Reimbursement of sales tax generated from the new retail for five years or until $200,000 max is reimbursed, whichever comes first.
- Public infrastructure improvements: Extending turn lanes on U.S. 72.