Cabela’s Inc. recently announced that it will build an approximately 185,000 square foot retail showroom in Hammond, Ind., that could be completed by late 2007 or early 2008. The store will be Cabela’s first in Indiana.
The site, which Cabela’s purchased in October 2005, encompasses approximately 100 acres in total and will eventually include additional retail and other new development around Cabela’s store site. Additional development around Cabela’s stores typically includes hotels, restaurants and complementary retail stores.
“I am excited to finally announce we’ve reached agreement on a financial package for the Hammond location and that we’re moving the Hammond project forward,” said Dennis Highby, president and CEO of Cabela’s. “The city leadership, including Mayor McDermott Jr., and the people of Hammond have been great supporters of the project over the past year, and we’re also very appreciative of Governor Mitch Daniels and the Indiana Economic Development Corporation’s help with the project as well.”
The IEDC and the Indiana Department of Transportation (INDOT) worked together to assist Hammond by providing up to $3 million for public road improvements in addition to previously committed INDOT funds to allow access to the proposed site and to accommodate the additional development that the project is expected to attract.
In addition to infrastructure assistance, the state committed up to $6 million and has agreed to work with the Little Calumet River Basin Commission to help ensure the completion of the Little Calumet levy project past Cabela’s property to Northcote Avenue by the end of 2008.
The Hammond Cabela’s will be a high-volume, large-format store, built in Cabela’s trademark style that evokes the feeling of the outdoors. To operate this new store, Cabela’s expects to employ approximately 400 people, most from the surrounding area.
Cabela’s currently has 14 retail locations nationwide. The newest, in Rogers, Minn., opened Oct. 14, 2005. Cabela's also has announced plans to open stores in Boise, Idaho; La Vista, Neb.; Glendale, Ariz., and Richfield, Wis., in 2006, and Hazelwood, Mo.; Gonzales, La.; Reno, Nev.; Wheat Ridge, Colo.; East Rutherford, N.J.; East Hartford, Conn.; Hoffman Estates, Ill., and Adairsville, Ga., in 2007. A Montreal, Quebec, store is scheduled for early 2008.
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