Wal-Mart cancels plans to build store in Frederick

Posted at 12:23 PM, Sep 02, 2016
FREDERICK, Md. (AP) - A Frederick development attorney says Wal-Mart is canceling plans to build a store along a tarnished retail strip known as the "Golden Mile."
Dave Severn told The Frederick News-Post  Thursday that his client, Rockwood Capital, got the news in a letter from Arkansas-based Wal-Mart Stores Inc., the nation's largest retailer.
Severn says his client was "flabbergasted" by the decision, which comes several years into a development contract.
The city of Frederick had been expecting Wal-Mart to anchor a revival of the shopping area along U.S. 40 on the city's west side.
In April, workers began demolishing the vacant Frederick Towne Mall to make way for the Wal-Mart and 16 other retail shops. The city also has been working to improve mass transit and pedestrian routes in the area.

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