MONTGOMERY, AL | APRIL 21, 2016 – Jim Wilson & Associates, LLC and ALFA Realty, Inc., the development team for Eastchase in Montgomery, Alabama, are pleased to announce the completion of a new agreement with Hobby Lobby Stores, Inc. for a move to Eastchase. With site work scheduled to begin this summer, vertical construction for the new facility for Hobby Lobby will be underway by the end of September. President of Jim Wilson & Associates, LLC, Will Wilson, in congratulating all the parties who made this transaction a reality said, “Hobby Lobby has been a part of our community for many years and we look forward to their new store joining the Eastchase development.” Located immediately east of the Costco, Hobby Lobby will feature its new store design in a 55,000 SF building on a seven acre site. Construction is estimated to take approximately six months with the store’s Grand Opening scheduled for Spring 2017.
“We are thrilled to relocate our Montgomery store and look forward to serving our customers in an amazing new location. We know our customers will experience an improved and enhanced shopping experience in this new facility,” stated John Schumacher, Assistant Vice President of Advertising for Hobby Lobby Stores, Inc.
Eastchase is Montgomery’s premier mixed-use development. With over 330 acres Eastchase, with its beginning in 2002, has changed the city’s retail landscape and includes department stores and specialty shop space totaling over 1,500,000 square feet. Hobby Lobby will join featured retailers that include Dillard’s, Costco, Target and Kohl’s, over thirty restaurants and food venues as well as specialty stores such as Books-A-Million, Banana Republic, Williams-Sonoma, Kinnucan’s and many more. In addition to the outstanding shopping, Eastchase is home to two upscale apartment developments, The Morgan and Broadstreet, and the city’s premier suburban office building, Lakeview Center.
Hobby Lobby Stores, Inc., headquartered in Oklahoma City, OK, operates more than 700 stores across the nation that average 55,000 square feet. Hobby Lobby is an industry leading retailer offering more than 70,000 arts, crafts, hobbies, home décor, Holiday and seasonal products and is included in Forbes’ annual list of America’s largest private companies.
Jim Wilson & Associates, LLC, based in Montgomery, Alabama, has developed and managed a wide array of properties throughout the eastern United States, including Class A office buildings, hotels, residential communities and millions of square feet of premier shopping space. These experiences have brought knowledge and expertise that have generated new investment opportunities in capital, hospitality and gaming ventures as well. As a result, JWA’s services are expanding through the formation of partnerships and companies, including 42 Equity Partners, A&W Enterprises, LLC and JWA Ventures, LLC. JWA was founded by Jim Wilson, Jr. and today is led by his sons, Jim Wilson, III and Will Wilson, and a well-established team of talented and experienced professionals. For more information about Jim Wilson & Associates, LLC, please visit www.jwamalls.com.
Alfa Realty, Inc. is a full service traditional real estate broker affiliated with Alfa Insurance which provide insurance and other financial services in 12 states with nearly 400 service centers with more than 2,500 people dedicated to serving customer needs. Alfa Realty is ranked number one in total home sales volume, with five offices and one hundred agents serving the River Region area and beyond. A wide array of services are offered to assist clients in buying or selling real estate. Services include residential sales, land and acreage sales, new home development and sales, REO properties, corporate and relocation services and commercial brokerage. For more information, visit www.alfarealty.com.