Other than people catching a bus ride to the casinos, you don’t see a lot happening at the old Peru Kmart. That could change over the next few months according to Peru’s Economic Development Direct Bob Vickery. He says the new year should be a busy year for new business in Peru.
Vickery says he gets a lot of questions about the Kmart property and thinks you’ll see a free-standing store on the northeast corner. He also says you could hear an announcement for a new store using nearly half of the building.
The old Holiday Inn on May Road is close to being demolished. Vickery says a hotel developer is interested in the land.
As for new business that would create something other than retail jobs, he says a company interested in Water Street would create jobs along with a potential agriculture development. Vickery won’t say where it would go or what it would do.