.

Montgomery Sam's Club Proposal Nearing a Vote

Warehouse chain in negotiations to locate in Ogden Hill retail development.

Montgomery could be home to a Sam’s Club warehouse store as early as next fall if the Village Board approves the development at its next meeting.

The store will be located on the western edge of the Ogden Hill retail development that also houses JC Penny and Menards, according to village documents. The village’s Plan Commission approved several variance recommendations this week.

The Village Board’s Committee of the Whole will hear those plans and their variances at its meeting set for Tuesday.  The development is likely to come before the Village Board for a vote Feb. 25.

Plans for the store also include a tire center and gas station. The store is projected to bring in as much as $750,000 per year in sales tax to the village, and will mean about 170 new jobs, according to acting Village Manager Jeff Zoephel.

Zoephel also said the village is in negotiations with Sam’s regarding an economic incentive package that could involve sales tax rebates back to the company.

“Nothing has been decided on that yet,” Zoephel said.

Charlene Coulombe-Fiore, executive director of the Montgomery Economic Development Corp., called the proposal a big win for the entire area, including several other local taxing bodies that will benefit from additional tax dollars.

“This has been in the works for over a year,” Coulombe-Fiore said. “I know that Aurora, North Aurora and Oswego all were going after this development. I’m glad they are coming here.”

GailR February 19, 2013 at 10:31 PM
Jewel in Oswego isn't closing. They've announced one Aurora store and a couple other places.
GailR February 19, 2013 at 10:35 PM
Michele, Thanks for chiming in with the facts. I wish Mr Gadde tons of luck; it's a shame to see that space vacant.
Babs February 21, 2013 at 08:44 PM
Rt. 30 will soon be a 4 lane highway. Traffic will be better. Oswego has all the big stores on Rt. 34. Oswego traffic is really busy around the shopping area. Slow moving traffic. Montgomery deserves new business.
KarenF February 28, 2013 at 01:35 PM
When will we see an update about the meeting on Tuesday regarding Sam's in Montgomery?
Mel February 28, 2013 at 03:09 PM
We have a book store in the area and the prices are amazing...Called the library!! Bookstores are a thing of the past thanks to technology. We will all keep those lovely memories of the past about the big bookstores.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »