As we wind down the year, I wanted to update you on a few projects of interest.
Probably the one I am asked about the most is the acquisition, demolition and now rebuilding of the former Stringer Chevron at 530 Fair Road. Owners Jappy and Emily Stringer closed their popular service station during 2015 and sold the real estate to Flash Foods. Flash Foods also acquired the property between South Main and Fair Road which was the former location of Western Sizzlin.
They demolished the old Western Sizzlin in 2015, but have not begun construction there. The construction of the new $3.5 million Flash Foods is well underway on Fair Road near Zaxby's.
Another interesting development regarding Flash Foods. According to Yahoo Finance, Flash Foods will be purchased by a Fortune 500 company - fuel and convenience retailer, San Antonio-based CST Brands, Inc. CST will acquire 100 percent of the outstanding shares of the Waycross-based Flash Foods, Inc. and certain related entities in Georgia and Florida from the Jones Company, the parent of Flash Foods.
The purchase includes 164 Flash Foods convenience stores, 21 branded Quick Service Restaurants, including three stand-alone locations, a land bank of 15 real estate sites to build new-to-industry stores, a merchandise distribution company that operates a 90,000-square-foot distribution center. Also included, are a fuel supply company with access to the Colonial and Plantation Pipelines, leased storage and a company-owned transportation fleet that distributes fuel to the 164 stores, plus10 million gallons of wholesale accounts.
The purchase price is reported to be $465 million and the deal is expected to close early 2016.
Keeping with convenience store purchases, Parker's has acquired the former Clyde's Market at Highway 301 and the Bypass and is renovating and rebranding it to a Parker's. Uncle Shug's Chicken Barn and Subway will remain in the location. Greg Parker hopes to have the new store open mid-January.
Many of us have watched in amazement the parking lot construction at McDonald's on Highway 80 near the Mall during the busiest shopping weeks of the year. The $240,000-project includes re-engineering the parking lot to allow for the addition of a second drive thru which will replicate the dual drive through at the Fair Road location.
Realtor Nick Propps of Statesboro Properties has sold the former College Plaza branch of Farmers & Merchants Bank to Hinesville-based Geo Vista Credit Union. According to Mary Hancock of Geo Vista, they will relocate from their current location at 313 South Main Street to the new location in late spring.
Propps also has listed for a quick sale the recently closed Fuzzy's Taco Shop (beside the Millhouse off the bypass - it was built originally as a Sonny's BBQ) for $900,000. According to Propps, the like-new turnkey restaurant opportunity includes 1.75 acres. I see the land value alone as worth much of the asking price, so it's like a free restaurant.
Staying with restaurants, Sisters of the New South, a Savannah-based soul food restaurant, is opening their third location early next year in Woodland Square on 301 South in the former Southern Boy's Bar B Q location, near Talbots.
Brandon O'Mahoney has partnered with the Kalloniatis family, including mother Dia and brothers Johnny and Nick to reopen early next year the popular Holiday Greek and Italian Restaurant in the original location at 406 Fair Road. They will completely renovate the restaurant and bring back all your favorite dishes. One note of interest, many of the recipes are passed down from Dia's father, who was the chef for King Paulos of Greece.
The Lodge at Bethany is set to open Jan. 4 and will provide 44,000 square feet of appointed living space with 48 units of assisted living care, 24 units of traditional assisted living and 24 units within a secured memory care portion of the complex. It is located at 77 Bethany Way, which is at the intersection of West Jones Avenue and Country Club Drive.
Next week we will take a look back at this incredible year of growth in our community and once again I will dust off my Crystal Ball to see what we can expect for 2016.