(click on podcast tab to go to interview with Baumert)
West Point developer Dave Baumert signed a contract Thursday with Hy-Vee for the supermarket to lease the former Shopko facility for 10 years, with three “five year” extension options. Baumert tells KTIC News he expects Hy-Vee to take over in about two or three months.
The deal excludes a gas station and the supermarket will use the existing facility of 33,000 square feet which will make it about the size of the store in Fremont. Hy-Vee already has been operating a pharmacy from the location for the last few months.
Baumert says he tried to get a Target, a Big Lots or a Gordmans to locate in West Point with no interest.
Baumert owns a number of properties in West Point, including two strip malls, the truck stop plaza and part of the locker plant. He has a car wash opening Saturday just west of the former Shopko which will include bays for a brush, a brushless and three wand washes.
When asked, Baumert says he doesn’t think West Point can support three supermarkets in town but says competition is not a bad thing.