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		<title>Cherokee&#8217;s Retail Boom</title>
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		<pubDate>Wed, 03 Oct 2007 20:32:23 +0000</pubDate>
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		<description><![CDATA[By: Tom Brooks&#160;&#160;&#160;&#160;&#160;&#160;&#160; Cherokee Ledger News 11/06 Plenty of evidence is mounting of a major increase of retailers opening throughout Cherokee County. Construction, grand opening events and help wanted signs are easy-to-spot proof of a growing commercial market in a county known as a bedroom community. New strip shopping centers are under construction alongside centers [...]]]></description>
			<content:encoded><![CDATA[<p>By: Tom Brooks&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cherokee Ledger News 11/06</p>
<p>Plenty of evidence is mounting of a major increase of retailers opening throughout Cherokee County.</p>
<p>Construction, grand opening events and help wanted signs are easy-to-spot proof of a growing commercial market in a county known as a bedroom community. New strip shopping centers are under construction alongside centers that opened within the past few years. Specialty shops for various interests have opened near some of the county&rsquo;s newest communities. A frequent diner can try many varieties of dishes in the county&rsquo;s expanded local restaurant market.</p>
<p>Not only is the retail boom apparent in the county&rsquo;s two largest cities of Woodstock and Canton, but new stores are also opening in unincorporated areas of the county, including along state highways and at former country crossroads.</p>
<p>Chris McCurry knows about retail grand opening celebrations. He is the developer of RiverStone Village, a 21-acre commercial center at the intersection of Riverstone Boulevard and Reinhardt College Parkway in Canton&rsquo;s Riverstone district.</p>
<p>Jocks &amp; Jills Sports Grill opened last weekend in RiverStone Village. Other new eateries in the complex include Hanami Steakhouse, Moe&rsquo;s Southwest Grill and Shane&rsquo;s Rib Shack. </p>
<p>Also newly open in RiverStone Village is Crescent Bank&rsquo;s Cherokee County headquarters. Retailers and offices also locating in the center include Woodstock Furniture Outlet, the law firm of Roach, Geiger &amp; Caudill and Jey Willis State Farm Insurance.</p>
<p>Riverstone, which began in 1998 with the opening of Riverstone Plaza, is a 568-acre project slated for build-out in about 10 years, according to plans under review by the Atlanta Regional Commission submitted by the city as its final phase.</p>
<p>McCurry, who said he plans future developments in the area, said Matt Sasser of Bright-Sasser Canton LLC deserves credit for planning Riverstone as an easy to reach location suitable for a variety of businesses.</p>
<p>&ldquo;Riverstone is an excellent development,&rdquo; McCurry said.</p>
<p>Pam Carnes, president and CEO of the Cherokee County Chamber of Commerce said the county is gaining several types of retailers. &ldquo;It&rsquo;s countywide,&rdquo; Carnes said of the retail growth.</p>
<p>The membership listing of the Chamber shows many new retailers, Carnes said. </p>
<p>As of Oct. 13, 212 new members joined the organization this year, a level surpassing the 200 or so that is typical by the end of the year, Carnes said. The majority of new members are retailers, she added.</p>
<p>New shops and restaurants have opened in areas that previously had only a few businesses, such as an anchor grocery store and a few franchises and independent stores. In addition to Riverstone, booming locations include Ga. 92 in Woodstock, the Hickory Flat&rsquo;s Ga. 140/East Cherokee Drive intersection and South Canton.</p>
<p>Sales tax data also suggest a retail boom.</p>
<p>The county collected $23.6 million in Special Purpose Local Option Sales Tax (SPLOST) during the nine-month period of January through September.</p>
<p>The one-percent sales tax proceeds, which are delivered to the state two months after the monthly sales periods, show sales level in the county under SPLOST is on target to exceed $30 million in 2006 &ndash;&nbsp;a pace that would reflect $3 billion of annual sales. </p>
<p>The money is churning through the county at retailers large and small. New developments are planned.</p>
<p>A retail project, including the third Home Depot in Cherokee County, is planned for a 39-acre site in Holly Springs at Interstate 575 and Sixes Road. Home Depots are also in Woodstock and Canton.</p>
<p>Construction for the home improvement store is expected to begin in late 2006 or early 2007, said Brantley Day, Holly Springs city planner. Along with the approximately 135,000-square-foot home improvement retailer, a 70,000 square-foot shopping center and four out parcels are planned for the site. Plans call for Northside Hospital-Cherokee to use 7 acres for a 70,000 square-foot medical office building, Day said. </p>
<p>Major projects planned for Canton include two competing open-air malls.</p>
<p>The Sembler Company&rsquo;s Canton Marketplace, a $200-million, 800,000-square-foot shopping center near the Interstate 575/Ga. 20 interchange is slated to open in 2008, said Amber Overby, spokeswoman for the St. Petersburg, Fla.-based developer. Northside Hospital-Cherokee officials announced plans to buy land in the 400-acre development.</p>
<p>Although Target, Kohl&rsquo;s, Best Buy and other retailers have been mentioned as possible Canton Marketplace tenants, none have been signed, Overby said. &ldquo;There&rsquo;s a lot of leasing activity going on,&rdquo; she said.</p>
<p>&ldquo;Canton is a thriving market and our project is representative of the growth out here,&rdquo; said Sembler President of Development Jeff Fuqua.</p>
<p>CBL &amp; Associates Properties Inc. plans to develop the 65-acre Gateway at Riverstone, an open-air shopping center on the site fronting Reinhardt College Parkway and Riverstone Boulevard. The opening of the center is scheduled for 2008, according to the Chattanooga, Tenn.-based shopping center developer.</p>
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