As Performance AutoMall is slated to close next summer, one of the premier supermarkets in America may fill its space.
Next week, the Orange County Commissioners and the Town of Chapel Hill will consider an incentives package to bring Wegmans Supermarket to Chapel Hill. The proposal calls for Orange County and the Town of Chapel Hill to contribute a maximum amount of $2 million over five years if Wegmans meets specific targets for new jobs and increases in sales and tax property revenue.
Wegmans would bring 350 full-time jobs and 30-million dollars in investment.
Performance AutoMall is slated to close its 14-acre property on 15-501 in July and move to a new location near the Streets of Southpoint. Per the proposal, Leon Capital Group of Dallas is would invest $30 million to redevelop the property.
In the statement, Orange County Commissioner Earl McKee is quoted as saying Wegmens would serve as a new market for area farmers and producers.
The Chapel Hill Town Council will discuss the proposal on Monday night and the Orange County Commissioners will have a similar discussion Tuesday.
Headquartered in Rochester, New York, Wegmans has consistently been ranked as America’s Best Supermarket by Consumer Reports Magazine. The family-owned company has 91 stores in six states, with over 46-thousand employees.
Earlier this year, Wegmans announced a store in Cary, its first in North Carolina.