Worth County Economic Development Authority (EDA) Chairman Dan Nesbit confirmed this morning (Tuesday) that a Wal-Mart store is coming to Sylvester, GA. See more below:
It seemed the hopes of many for a Walmart store location in Sylvester were diminished as the corporation’s real estate broker withdrew in June from the purchase agreement with Worth County EDA. Apparently this not only occurred in Sylvester but a number of building location prospects in Georgia during that time.
EDA Chairman Nesbit assured Worth County’s Board of Commissioners in a BOC board meeting following the purchase agreement withdrawal that the EDA will continue to pursue a binding contract with the corporation to build on the proposed portion (eight acres) of the EDA’s 204 acre property in the Worth Industrial Complex (East Hwy 82, Sylvester). Nesbit told BOC he believed the withdrawal did not rule out the possibility of a future agreement with Walmart however.
He was right; Tuesday morning Nesbit said an agreement had been made and Wal-mart will in fact be building and operating from that newly Georgia Ready for Accelerated Development site location.
Meanwhile, local merchants are already expressing grave concern the perceived growth for Worth County will actually result in regression and closure of small locally owned businesses. We will update information as it is available.
Of course Worth County isn’t the first to express such concerns. See research information (SOURCE:Free Markets/ West Virginia University) below:
Does small business decline when Wal-Mart Enters the Market?