Merced to get new regional shopping center
August 9, 2017
• City Council gives its okay to 601,000-square-foot development
• “This retail center is a big win for our residents”
Merced is getting a new regional shopping center with retail stores, a hotel, theater, restaurants and fast food at Campus Parkway and Highway 99.
Also planned for the 601,127-square-foot center is a 177-unit multi-family housing project. The developer says the plans included a grocery store, sporting goods store and ag supply store.
“This retail center is a big win for our residents,” says Mayor Mike Murphy. “It will provide new retail, entertainment, housing, employment, and dining options for Merced and the surrounding area.
“It is a well-designed project that we can all be proud of and represents years of work by everyone involved,” Murphy said.
City Council unanimously approved the environmental impact report and other land use documents this week. The developers say they plan to break ground sometime next year.
The project is being developed on 77-acres of land that had been part of the Pluim family dairy from 1928 through 1986. The family joined with California Gold Development Corp., a Sonora-based firm to form the Merced Gateway Development.
“The development team estimates that the $150 million project will generate 800 construction jobs and 900 full-time jobs, and a $30-million payroll by full buildout,” says Merced Economic Development Director Frank Quintero.
It’s estimated the center will generate $30 million a year in sales tax, the developers says.
The shopping center is intended to be a retail and entertainment hub, with 17 retail stores, 10 restaurants and a movie theater offering a mix of attractions for patrons.
The shopping center is located at the Mission Avenue off-ramp of Highway 99. Campus Parkway runs through the middle of the project, which is bounded by Cofffee Avenue on the west and Gerard Avenue on the north and Mission Avenue on the south. The developers plan to built the center in eight phases over 5 years. Plans also include a fire station.
“An investment and project of this size will cause commercial users and developers to seek other investment opportunities in Merced such as the Downtown and Merced Mall,” says Mr. Quintero. “Retail centers rely on a mix of businesses to generate foot traffic throughout the day.”