Sporting goods retailer Scheels All Sports may be building a new location in Colorado Springs.
The Fargo, North Dakota-based company says it wants to put up a 220,000 square foot building that is expected to cost around $84 million to complete.
The chain opened a 250,000 outlet in Johnstown two years ago, its first location in the Centennial State.
As planned, the new store will be built in the Interquest Marketplace on the north side of Colorado Springs.
In a bid to secure the project, members of the Colorado Springs City Council may vote to approve up to $16 million in tax incentives that will be locked in over a 25-year period.
With more than $60 million in annual sales, Scheers is one of the largest sporting goods supply stores in the country, with locations in just under thirty states, primarily in the Midwest and West.
Those stores offer everything from sonar fishing equipment to ice shelters, hunting bows, and clothing.
According to city documents, the new Scheers store would benefit the “public health, safety, and welfare by facilitating construction of necessary public improvements and furthering the City’s overall economic development goals.”
The Colorado Springs council is expected to make a final decision on the incentives package, which has received some criticism from community activists for its size, later this month.
The retailer earlier announced that work on the new Colorado Springs location would most likely begin this spring, with an anticipated April 2021 completion date.
By Garry Boulard
Get stories like these right to your inbox.