Wal-Mart Supercenter and Sam’s Wholesale Club to Anchor New Retail Center in Bismarck

BISMARCK, ND, January 2005 - Visconsi Companies, Ltd. announced today the development of a Wal-Mart Supercenter and Sam’s Wholesale Club that will include additional retail space and outparcels available for lease. The 75 acre site is located at Bismarck Expressway and 26th Street and is a co-venture with Potts Companies, LTD of Columbus, Ohio. 

“We are very excited to help bring both new concepts of the world’s largest retailer to Bismarck.  This project is a continuation of the great things that are happening along Bismarck Expressway”, commented Gary Stevens, Vice-President of Development for Visconsi Companies, Ltd.  “The Sam’s Club is a unique offering to the Bismarck area and one that should attract customers from a great distance.  For local retailers, it’s a fantastic draw to be located near ”.

Groundbreaking is expected to occur later this Spring with openings planned for early 2006. The development will share a major signalized access point, a continuation of Burlington Drive, with the planned 203,000 square foot Wal-Mart and 135,000 square foot Sam’s Wholesale Club.   The Visconsi portion of the development will include a number of outparcels and up to 150,000 square feet of quality retail lease space.  For more information, contact Mark Schroeder or Rick Keller at 216.464.5550.

Visconsi Companies, Ltd. is a family-owned real estate developer and management company  headquartered in Cleveland Ohio with a shopping center portfolio of 2.8 million square feet.  This is Visconsi Companies first development in the Bismarck area.