The first Lowe’s store in Waukesha County could open in the 500,000-square-foot Shoppes at Fox River retail development that Opus North Corp. plans to build on the 55-acre former Fleming Cos. property northwest of Sunset Drive and Chapman Drive.
A Target store was previously announced for the development, and plans for the project also show a Lowe’s store, according to real estate sources.
"They’re talking to Target and Lowe’s," said Waukesha City Planner Michael Hoeft. "I think those two have signed letters of intent or something, but they haven’t signed a contract."
Jay Craig, senior real estate director for Opus North said he "can’t confirm or deny" the likelihood that the project will include a Lowe’s store.
"We haven’t got any firm commitments from anybody (including Target)," he said. "But, it’s going well. We have a lot of interest from retailers."
The demolition and then construction project for the retail development should begin next spring, Craig said.
Mooresville, N.C.-based Lowe’s Companies Inc. operates a chain of home improvement stores, with 1,380 locations in the U.S.
