News

Actions

Wal-Mart cancels plans to build store in Frederick

Posted
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.
 

Download the ABC2 News app for the iPhone, Kindle and Android