New retail popping up in North Liberty
High volume of traffic making area attractive for businesses
More retail will be popping up soon in North liberty.
Grand Rail Development is finishing up construction of a 10,000-square-foot retail building in the Penn Landing Development, at the corner of Penn Street and Highway 965. Jake Evans, project manager for the development group, said construction should be complete by next month.
Two tenants will take up the space. Debut Dance Studio will move from 1210 Jordan St. into the new building, using 6,000 square feet.
Evans said a second tenant has not yet been signed, but Grand Rail is in talks with potential tenants.
Construction of a second, 18,000-square-foot building will begin in fall or early spring, Evans said.
"Restaurants, retail we'd like a good mix of all of them," he said.
Penn Landing also includes McDonald’s, Capanna Coffee, Pizza Hut and Alphagraphics.
Mid-West America Commercial Realty's Peggy Slaughter said she anticipates filling the space soon due to high interest. Slaughter added that, aside from North Liberty being a fast growing area, a high volume of traffic passes the commercial development each day.
"The traffic that comes off of (Interstate) 380 each day is staggering," she said.Nearby, Orange Leaf Frozen Yogurt, 780 Community Drive, will have new neighbors soon, including Zio Johno's Italian restaurant and U.S. Cellular, Slaughter said, adding she is in negotiations with a fourth tenant in that location.