Commercial Redevelopment

Commercial redevelopment lagged somewhat with the continuing loss of small businesses. Nevertheless, due to citizen and Town efforts, Magic Mart located in the space at Memorial Square Shopping Center, previously vacated by Walmart. Thanks in part to further citizen involvement coupled with efforts by the Town of Pulaski and Pulaski County, Tractor Supply opened in the former Kroger building in 2008. In addition, in 2012-2013, investors began buying properties in downtown for potential investment in creating new businesses. 

The largest commercial redevelopment effort to date took place in 2015, with the investment by SHAH Development, L.L.C. in the redevelopment of Calfee Park and the demolition and adaptive reuse of former warehouse space on First Street, N.W., an investment of nearly $8 million. 

The change in ownership of the local minor league baseball franchise in 2014, coupled with the lack of available housing for players and potential tourists and persons cycling the New River Trail, led to the creation of the Jackson Park Inn on First Street, N.W. The former Virginia Foods Warehouse was converted to a hotel/inn to accommodate players and managers from the local New York Yankees affiliate during the Appalachian League summer season from June until September. Following the end of the season, the Jackson Park Inn is utilized as a standard hotel. 

Not only will the Jackson Park Inn provide lodging, but it will also provide a conference center for meetings by large groups for seminars and special occasions. The Inn will also house a small restaurant to provide dining for guests and groups utilizing the conference center. 

In connection with the Jackson Park Inn project, the sale and refurbishing of Calfee Park resulted in numerous improvements to that historic area. While maintaining the historic sections of the park, new facilities were added including new umpire and visiting team locker rooms, a new press box, an new concession stand, refurbished home team locker rooms, new overflow parking lots and parking for handicapped persons close to the playing field. The most unique new feature of the park is a two story jumbotron allowing all fans to view game related information and live pictures during the game itself. 

The total estimated cost of these two projects was approximately $8 million. 
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