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MANITOWOC, Wis. -- A planned Kwik Trip convenience store, along with a Festival Foods grocery store, are expected to create nearly 250 jobs in the area, once the stores are open this fall as part of a development here, the Herald Times Reporter reported, citing city planner, David Less.
Festival Foods plans to build on South 42nd Street, while the Kwik Trip will be constructed at the corner of South 42nd and Dewey streets, Less told the paper, adding that the stores are expected to be open by October.
Once completed, Festival Foods plans to employ up to 225 people, while the nearby Kwik Trip plans to employ about 20 people, according to Less.
The new $9 million development will pay approximately $176,000 in taxes per year, the report stated.
Earlier this week, the town's plan commission unanimously approved extending a tax-increment finance (TIF) district to help pay for new intersections in the area of the proposed development, which are required to build the grocery store and c-store, he said.
The estimated cost of the project is $2.7 million, the report stated.
Less told the paper that without new intersections at Dewey and South 42nd streets and South 42nd Street and South Frontage Road, increased congestion could create problems.