Walmart is planning to develop the land surrounding a number of store sites nationwide into town centers, or what it calls "reimagined centers." The town centers will be located on land around Walmart supercenters that the retail giant considers underutilized.
The concept is flexible and will include the addition of restaurants, health clinics, day care establishments, gas stations, bowling alleys, food trucks, bike rental stations, and driving ranges.
For example, the plan for a reimagined center in Loveland, Colorado, a suburb of Denver, calls for a two-phase development plan that will introduce new food, wellness and entertainment options to the site.
Walmart hasn't released a lot of details about the specific tenants at the Loveland site, though it does say that Torchy's Tacos, Wahlburgers, and Wake & Bake will be among the food tenants. One of the entertainment features of the reimagined center will be a skatepark.
Other locations Walmart plans to redevelop include sites in Springfield, Missouri (where there will be a driving range); Windsor Heights, Iowa; Rogers, Arkansas (near Walmart's HQ); Garland, Texas; Gresham, Oregon; Long Beach, California; and Lee's Summit, Missouri. See more...