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Cabela's revs up expansion, but leaves Greenwood off list

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Cabela’s has snubbed Greenwood—again.

The Nebraska-based outdoor retailer is once again working to open new stores after a two-year, recession-induced halt on expansion. But, even now, Greenwood is still off the company’s list, according to the Daily Journal of Franklin.

Cabela’s spokesman John Castillo told the newspaper that Cabela’s has no intent in reviving its project in Greenwood. As IBJ reported in October, the 96-acre parcel Cabela’s owns in Greenwood is up for sale.

The 125,000-square-foot store was supposed to anchor a development spearheaded by Cabela’s that involved at least two hotels, a water park and upscale restaurants. The land is near Interstate 65 and County Line Road.

But, in February 2008, Cabela’s put store expansions around the country on hold, including the Greenwood location. Then, in July 2009, it canceled the Greenwood project altogether.

Now Cabela’s will open a new store in Colorado this month, and plans another one in Oregon next year, according to the Daily Journal. It also wants to build two stores in Canada by 2012.

“It’s a bit of a letdown that they’re opening stores elsewhere but not looking here,” Greenwood Mayor Charles Henderson told the newspaper. The city of Greenwood had approved $18 million in bonds to help finance the Cabela’s store.

Castillo told the Daily Journal that Cabela’s is now trying to open smaller stores, which the company found can generate as much in sales as larger stores without the higher costs of additional land, construction and staff.

He said Cabela’s determined the Greenwood project did not have enough potential under the company’s new strategy.
 

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  • cabela's
    Originally I wanted Cabela's and everything that was coming with it to happen. But in the past year I've seen a lot of medical businesses sprouting up all over County Line Rd. I would imagine that the medical facilities would offer better paying jobs than Cabela's and a water park would have offered. As far as Dave and Buster,s is concerned the south Indy/Greenwood are did build a new place called Incredible Pizza that is simular (without the booze).
  • The Truth be Known
    Greenwood chased Cabela's off to begin with by trying to change the deal at the last minute. I'm not surprised this project is not going to be revitalized. That action also caused Dave and Busters to go north instead of being part of the project. That's just the way Greenwood runs things.
  • Any REI news?
    Any news at all about REI on the northside (Keystone & 86th), or is that also totally dead in the water? I keep hoping that REI will make a home here in Indy...

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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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