The Commercial-News, Danville, IL

October 13, 2013

New stores show growth


The Commercial-News

---- — Area shoppers can enjoy another large, new retail store as Burlington opens its doors in the Village Mall. More variety is on the way, with Meijer announcing it will open its large store on Nov. 7.

The openings are the latest in a wave of new retail sites coming to the Danville area during the past two years. The new stores will not only give local shoppers greater choice of goods, but will boost local sales tax revenue and stop some of those shopping dollars from being spent in other communities.

According to Vicki Haugen, CEO and president of Vermilion Advantage, Danville and Tilton have seen the recent addition of 500,000 square feet of retail space with the retail sales potential of $115 million. Those new stores also bring along the opportunity of 450 jobs.

The additions also mean Danville’s Village Mall has all of its large anchor store positions filled. The mall also has seen a new book store, sporting goods store and clothing stores open. A bit farther north, a new shopping complex serves as host for Kohl’s and TJ Maxx, and will see the Cellular One store move in soon. That complex is adjacent to Meijer’s site. That doesn’t count a handful of new restaurants that have opened or plan to do so soon along with County Market in Tilton and Ruler Foods in Danville.

All these additions came as the downtown area maintained its healthy roster of retail and office sites.

The anticipated additional sales tax revenue will give local government a fiscal shot in the arm and could help take pressure off local property tax rates as well.

The continuance of this growth now depends on how well local shoppers will support all local merchants. Dollars spent locally do more than help the store where they are handed over. They support jobs and governmental services.

Let’s hope the trend continues for some time to come.