Three pieces of commercial land in Issaquah that have been sitting unused may soon be revamped: Albertsons at 5530 E. Lake Sammamish Parkway; the ampm at 800 Front St. N.; and the site where Skippers used to sit at 670 Front St. N.
Albertsons’ future remains mysterious as the corporation searches for someone to purchase the land.
Donna Eggers, a spokeswoman for the grocery chain, said they are currently in negotiations with a potential buyer, although she couldn’t release their identity. She did say, however, a sale should be expected in the next several months.
A rumor that Wal-Mart is buying the land is also inaccurate, she said.
The ampm land will receive the least overhaul of the three and remain a gas station, possibly even a new ampm.
David Favour, planning manager for the city planning department, said the building permit for the land states it will remain a gas station, and the garage bays that are currently there are slated to be remodeled into a mini-mart.
The nature of the gas station depends on who buys it, he said.
The parcel Skippers sits on is intended to become offices and retail shops.
Mark Sandler, developer for the Benchmark Company, said they have a permit to build a two-story building at just shy of 11,000 square feet.
Half of the building is intended for retail use, and Sandler said he imagines it will be retail shops on the first-floor, with offices above. It could house anywhere from two to three tenants on each floor, he said.
Skippers was demolished several weeks ago in order to get the project underway, but Sandler said because of the economy, they are taking things slow.
“We intend to pursue the project as soon as possible, but with this economy, you have to have a very conservative outlook on building,” he said.
No tenants have currently signed leases, but two are reviewing contracts, and Sandler is optimistic the building will be filled.
Construction will most likely begin as soon as a few tenants are lined up – the entire building doesn’t need to be filled, he said, just enough to satisfy lenders.
“I’ve been in business many years, and this is a cycle that we’ve experienced before,” he said. “Things will pick up eventually and we’re optimistic we’ll be starting construction as soon as possible.”
Katie Regan can be reached at kregan@issaquahreporter.com.