A new Price-Mart will soon be opening shop in Stratford.
Council gave thumbs up to the proposed 35,000-square-foot APM development during Wednesday’s monthly council meeting.
The building will be located on a 2.78-acre parcel at 19 Irving Ave., located behind Stratford Discounters and Phinleys, in the Mason Road Core Area.
“(It will be) a great addition to Stratford,” said deputy mayor Gary Clow. “Our core is really starting to come together now.”
Mayor Steve Ogden agreed, also stating the new business would provide employment while also building the town’s tax base.
Council heard the development will have a cross-parking lot agreement so there will be access from Kinlock Road. Irving Avenue, which used to be a dead end, is now also connected to Dale Drive.
The preliminary approval is also conditional on a number of agreements, including a detailed service plan, stormwater management plan and landscaping plan.
The store would be part of a growing commercial development in the town.
In reviewing the building permits issued for the year, which is at about $27,226,300 compared to the $16,560,500 at this time last year, Ogden noted an increase in commercial development.
“I think that’s a good, healthy sign for the town to have that kind of commercial development,” said Ogden. “We’ve always had good residential development but to have commercial growing, I think, is really positive.”