City finalizes deal for Wendy's site at 161-Riverside
Dublin will eventually take possession of 2.37 acres at the southeast corner of the state Route 161 and Riverside Drive intersection to make improvements.
Dublin City Council members this week unanimously approved a $2 million land deal with Wendy's for the land that could bring a roundabout to the intersection of Riverside Drive and state Route 161.
"This is a result of anticipated intersection improvements at Riverside (Drive) and state Route 161," said Dana McDaniel, deputy city manager and director of economic development for Dublin.
Dublin has previously conducted studies that suggest a roundabout at the intersection could improve traffic flow at the busy corner.
The 2.37 acres in the real estate purchase agreement is the site of a Wendy's restaurant.
"Wendy's International Inc., has been most cooperative with this purchase and intends to construct a restaurant nearby," a staff memo to council said.
Wendy's is planning a restaurant on property immediately east of its current Riverside Drive location in the Shoppes at River Ridge.
Rezoning for the 1.35 acres the new restaurant will sit on at the southwest corner of state Route 161 and Dale Drive was approved in November.
The 3,800-square-foot restaurant is planned to be a flagship for the company, officials have said, and will sport a new design, meeting room and area for Wendy's memorabilia.
The location will act as a place for employees and franchisees to visit and is in close vicinity to the headquarters.
Per the real estate purchase agreement, Dublin will not take possession of the land immediately and "allows for operations to continue in the current location until a new restaurant is constructed and operating," a March 21 staff memo to council stated.
Dublin expects to have the land no later than June 1, 2014.
In other council news, a resolution to accept a $3.1 million bid from the George J. Ingel & Company Inc. for the construction of a roundabout at the intersection of Hyland-Croy and Brand roads.
The company entered the lowest and best bid, and was about $600,000 under the engineer's estimate.
According to the staff memo to council, construction activity is anticipated to begin in late May or early June with the intersection closed to traffic starting on June 6.
Construction of the roundabout is expected to be finished Aug. 30.
A bid for the construction of a multiuse path on Dublin Road South between Hertford Lane and Rings Road was also accepted by council April 8.
For about $300,000 the Decker Construction Co. Inc. will construct about 1,230 feet of 8-foot-wide asphalt multiuse path on Dublin Road.
Construction is expected to begin June 6 and will close Dublin Road between Hertford Lane and Rings Road while the project is completed, the staff memo to council said. The path's anticipated completion is slated for Aug. 16.