The Joplin Globe, Joplin, MO

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April 16, 2013

Master developer plans project at 26th and Main

  A loft-over-retail center and a grocery store are planned by the city’s contracted master developer for property that has been purchased by the Joplin Redevelopment Corp. at the northwest corner of 26th and Main streets.

The location was the site of the Salvation Army store that was destroyed by the 2011 tornado. According to a disclosure notice posted Tuesday by the city, the site has been purchased for $600,000.

David Wallace, chief executive officer of the Wallace Bajjali Development Partners of Sugar Land, Texas, said the entire 2500 block has been purchased and additional properties are being sought for the project, listed in city documents as being located at 2502 S. Main St.

“We have a sufficient mass for a development that I think Joplin residents will be proud of,” Wallace said of the plans for the location.

The JRC, also known as the 353 Commission, met Tuesday to hear an update on status of the master development projects. After the session, the panel met in closed session to buy more land. Wallace said the board approved about 35 contracts worth a total of $2.5 to 3 million.

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