"The new store will have about 130 employees and generate nearly $800,000per year in sales tax revenue, he said. "Is that $800,000 over the amount they pay to the city now?Or is that the same amount?
Paw's Answer: I think that calculation was depending on the Mt. Springs Ranch Development being built out. I doubt that we will eat and drink more than we currently do. I hope not.
Perhaps some of the Deli Business will transfer from the Washington Store but I doubt that we eat that much Deli to make an increase of $800,000 per year. I think that the $800,000 per year is a gross figure and does not represent a total expected increase, that does not seem possible.
Stater's having a Deli in GT will stress already existing resturants in town. Perhaps the City will have to pay existing businesses compensation for the impact the Redevelopment Agency's actions will have upon them. The Redevelopment Agency's involvement in securing the property as a total development may cause this to be a cost to the City RDA. This is yet to be seen.
Looking at the Fresh & Easy add last week, their prices won't attract much business. Let's hope a Cardenas, or Fiesta Market or Superior will open a satellite store in GT we need lower prices on fruits and vegetables.
Many of you wanted the entire article posted here it is:
Grand Terrace Stater Bros. might open next autumn
Stephen Wall, Staff Writer
Posted: 11/21/2009 10:47:50 PM PST
Updated: 11/21/2009 11:15:04 PM PST
GRAND TERRACE - Stater Bros. Markets has reached a deal to acquire land for a new supermarket in the city.
Jack Brown, chairman of the board and chief executive officer of the San Bernardino-based supermarket chain, said his company hopes to open the store by next fall.
"We are ready and able to proceed as quick as the city gives us approval," Brown said.
Brown said Stater Bros. has an agreement to buy about 12 acres from Jacobsen Family Holdings, which owns the land on the south side of Barton Road east of Michigan Avenue.
The Stater Bros. market is planned as the first phase of an approximately 140,000-square-foot shopping center that has been on hold due to the recession.
Mayor Maryetta Ferre called the new Stater Bros. "one of the most important projects in Grand Terrace."
"We have one Stater Bros., and we have one (grocery) store," Ferre said.
"Stater Bros. is Grand Terrace, and Grand Terrace is Stater Bros."
Look at what Mayor Said and ASK ? Did Mayor Ferre Forget all the joy she expressed about the planned Fresh & Easy and the Help to back fill the current Stater's Location? Or is she suggesting that the City of Grand Terrace has a no Competition Agreement with Jack Brown? Is there an agreement for the City to take every possible action to frustrate any other Markets in GT? Her statement Grand Terrace is Stater Bros sugessts such or worse.
The city is in the process of finishing the environmental impact report for the center. The Planning Commission is expected to consider the project in three or four months.
WHY is the City doing the Environmental Impact Report. Who is Paying for it? Jack Brown?
Brown said the new market will replace the company's store that opened in Grand Terrace in 1974.
The new store will have about 130 employees and generate nearly $800,000 per year in sales tax revenue, he said.
