|Plans for more development at the site moving forward|
Photo by Morris Stephenson:
Arrington Properties North recently purchased the corner lot on Virginia Market Place Drive for future development by Arrington Enterprises Inc., both of Rocky Mount.
Friday, August 3, 2012
By MORRIS STEPHENSON - Special to the News-Post
A choice lot at the Virginia Market Place site on U.S. 220 north of Rocky Mount has been sold for development, and the site's owner is also developing plans for a mega furniture store on the site.
The lot at the intersection of the four-lane highway and Virginia Market Place Drive has been purchased by Arrington Properties North for development by Arrington Enterprises Inc. (AEI) of Rocky Mount.
L.D. Arrington, CEO, and David Arrington, president, said plans for the lot have not been finalized at this time. However, the property will be used for development in the near future, they added.
"We are discussing several plans, but nothing has been finalized at this time," said L.D. Arrington.
AEI owns three Bojangles and four Dairy Queen restaurants, plus a convenience store. Two of the fast food restaurants and the store are housed at Plateau Plaza. The plaza is just across the highway from the recently purchased lot at the the intersection of Wirtz Road and U.S. 220 North.
Joel Shepherd, who owns the Virginia Market Place property with his wife, Ann Claire, said an engineer is presently designing site plans for a mega furniture store on the 40-plus acres. Once site plans have been completed, Shepherd will take them to the county for approval.
Several other businesses have expressed an interest in locating in the business park, Shepherd said.
The Shepherds announced plans for the development of the land about four years ago. Conner-Bowman Funeral Home and Crematory was the first to build a new facility in the location and Tractor Supply followed suit.
The original plans included several office buildings on the south side of the property, along with a variety of other businesses.