Wednesday, October 27, 2010

Commercial development - Pizza Ranch - begins on Washington's east side

Construction work has begun on the first commercial development project adjacent to the year-old Super Wal-Mart store on Washington's east side.

The first project is on approx. 2 acres in the Wiley Subdivision on the south side of Hwy 92 (Washington St.) and Wiley Ave., adjacent to Super Wal-Mart. Phase I of the project includes a 5,200 s.f. Pizza Ranch with a drive through. This is a larger location for the successful Pizza Ranch, currently located in leased space next to the regional Iowa DNR office in the old Hy-Vee store.

Phase II on the 2 acre site is planned to include 12,250 s.f. of retail/restaurant custom space.

Jeff Hazelett, of Dalhaze Development and broker at Washington Real Estate, handled the land acquisition and concept.

MMS Consultants of Iowa City did the site design. Delong Construction of Washington is doing the site preparation, including utility extensions and storm water detention area. The Pizza Ranch was financed by Midwest One bank, and a SBA 504 loan through Iowa Business Growth Company.

Greg Wiley has three additional prime commercial lots adjacent to the new Super Wal-Mart, which opened in the fall of 2009.