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Wednesday, October 15, 2008

Providence still expanding despite economic downturn

In the current issue of the Town Paper, a publication that features and promotes TND's (Traditional Neighborhood Developments), Providence developer David Slyman talks about future expansion plans for the community, which is approximately 33% complete. In the spring of 2009, work will begin on apartments that will go for around $950/month. Also, plans for the long-rumored grocery store seem to be coming together:

A major grocer is ‘getting it,’” said Slyman. “They’re trying a new design for their next building, one that should fit into Providence. They want to be involved in the fabric of our small town.

Back in April, Slyman said that a Whole Foods Market "or equivalent" would be a "good bet" for the proposed grocery store. While a Whole Foods might still be in the cards for Providence, I think an even better candidate is Asheville, NC-based EarthFare, which has 15 locations in the Southeast, with the first Alabama location opening in Auburn later this year. And, in 2009, the chain will open a new "yet to be revealed" urban prototype store in the Bearden neighborhood of Knoxville.

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