Property Lines

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Real Estate & Retail

Redevelopment in Greenwood area

June 5, 2007
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Southsiders may have wondered what's going on at the northeast corner of Madison Avenue and County Line Road, across from Lowe's and McDonald's. Well, wonder no more. Locally based Peacock Companies is planning a new retail strip with outlots including a drugstore and bank. Madison RetailThe company has razed an old SBC call center and acquired the Floors To Go building, which also will be torn down. The roughly 7-acre site is slated to get a Walgreens on the corner, a Flagstar Bank along Madison (pictured) and a new home for Floors To Go along County Line. Peacock Companies Owner Michael House said a new lifestyle development at Greenwood Park Mall is helping spur new retail interest in the area. Speaking of the mall, a new Starbucks is moving in next door to Pac Sun in the JC Penney/Von Maur wing.
NEW: Not all news is rosy in Greenwood this week. The Damon's restaurant has closed, the owner says. Other Damon's locations in Southport and Martinsville remain open.
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