This apparently happens every year, right after the Christmas holidays. Retailers struggling with the bottom line are announcing store closures, targeting what they invariably call underperforming locations.
The Gap and babyGap locations at the Central Texas Marketplace will close on January 24. Large sale signs hang from the windows.
The San Francisco-based retailer announced in 2020 that it would close 350 Gap and Banana Republic stores in North America by 2024. Many on the way out are in malls, which have fallen out of favor with Gap.
Bed Bath & Beyond last week released a list of 37 stores it will close nationwide, the first installment of its announced 200-store reduction. Stores in San Angelo and Brownsville have bitten the dust. Waco life for sale another day.
Atwoods will open in March
The large new Atwoods Ranch and Home store off Interstate 35 in Hewitt appears to have a prime location near Walmart and Cracker Barrel.
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The building is finished, but remains empty surrounded by a huge parking lot just waiting to be filled. A source from Atwoods said the building was only short of goods, employees and customers. It will probably open on March 2.
Atwoods also operates a store in Lacy Lakeview, with Cracker Barrel nearby.
1519 Survey sold
Bowman Consulting Group, based in Reston, Va., announced the acquisition of 1519 Surveying LLC, based in Waco, which was established in 1974 in Tyler.
Aaron McMillan and David Dossey oversee 1519 Surveying, whose services include surveying, aerial imagery, GIS mapping, 3D laser scanning and civil engineering, according to a press release from Bowman.
Its staff of 35 works in Waco and Fort Worth, serving clients in areas such as renewable energy, public works, oil and gas, and land development.
“With 1519, Bowman adds tremendous depth to the surveying, engineering and geomatics markets in Texas,” CEO Gary Bowman said in the press release.
He said Team 1519 is an impressive group and the company’s experience with the Texas Department of Transportation was a selling point.
The acquisition will add $5.5 million to Bowman’s annualized billings.
The official opening of the 25N coworking space in the city center has been postponed to February 1. Tours are offered now, according to a press release.
“We’re proud to offer a hybrid office solution that’s value-driven, furnished with purpose, and drives meaningful connections,” Founder Mara Hauser said in the press release.
It has opened additional 25N locations in the Dallas-Fort Worth suburbs of Frisco, the Chicago area and near Washington, D.C.
Steve Sorrells, best known for building custom homes, made 25N the centerpiece of 510 Austin Ave., where he renovated the former Bank of America building. Other tenants occupying offices there include Better Homes & Gardens Realty, American Guaranty Title, law firm Dunham & Jones and Taylor Counseling Group, according to a press release.
Overview of building permits
A few eye-catching building permits have been issued in the past two weeks, including one for $300,000 to Dave’s Hot Chicken. The growing chain will transform the former Carl’s Jr. space along Interstate 35 at 4017 S. Jack Kultgen Expressway, not far from New Road, IHOP and a new QuikTrip convenience store.
The company’s website states that Dave’s Hot Chicken was founded in Hollywood, California, and continues to push east with its expansion.
Menu items include deals, sliders, sides, sodas, milkshakes and special sauces, the hottest of which is dubbed the reaper.
Caterpillar Inc., has acquired a $9.4 million permit to install an automated storage system at its parts distribution center located at 2901 Gateway Blvd.
ARC on list of best discount companies
Waco-based ARC Abatement once again appears in Engineering News-Record’s “Top 20 Asbestos Abatement Companies”, ranking ninth for 2021.
ARC has been on the list every year since 2013, spokeswoman Liz Anderson said.
“Many of the top 20 companies are conglomerate grants where discounting is one of many services offered,” ARC founder and CEO Ron Daniel said in a press release. “Since I founded the company in 1990, ARC has been laser-focused on reducing hazardous materials.”
ARC opened a ninth regional office in Pompano Beach, Florida last year.
Notable projects in 2021 included asbestos abatement for the demolition of Alcoa factories in Point Comfort and Rockdale, a 500-unit residential area in Fort Hood, a power plant in Ohio and a hospital in Michigan.