Radford, Va. – Construction on a new Food City development project is set to begin May 1st with a projected completion date of December 2019. The developers, Price-Williams Realty, is expected to make a $7M dollar investment into what they anticipate to be the start to a much larger development opportunity. Food City, an Abingdon based supermarket chain with over 130 stores, looks to create an estimated 50 full-time and 100 part-time jobs in the City of Radford.
“We are excited to welcome Food City to the Radford community and appreciate the investment from Price-Williams Realty”, said David Ridpath. “This project is one of the largest commercial/retail investments in many years and we are excited for the impact it will bring to Radford.”
The development is to occur in the Tall Oaks Crossing shopping center at the northeast intersection of Tyler Avenue and Rock Road. Developers hope that Food City will serve as the anchor tenant as they continue to recruit commercial and retail business for the additional 9 outparcels. The plans include a 50,000 sq. ft. design including a fuel station, bakery/deli, hot food bar, sit down café, health & beauty department, locally grown produce, as well as a full line of natural & and organic items.
Food City celebrated 100 years in business in 2018 as they continue to expand their market. The company prides itself on top notch customer service, convenience, and a strong commitment to its employees and community. Food City generates approximately $2.5 billion of grocery sales a year, one of the largest independent, regional supermarket chains. Their continued success is largely attributed to their innovative, collaborative, and adaptive approach to the industry.
“There is a renewed enthusiasm in Radford and the addition of Food City to our retail family is part of an exciting new chapter for the city as we continue to grow and thrive,” said Mayor David Horton. “The Tall Oaks Crossing development represents an enthusiastic investment in the future with many new outstanding businesses hopefully joining Food City in serving Radford citizens and the surrounding region over the coming years.”