Pharos-Tribune

Business

October 13, 2013

Dollar General exploring third Logansport store

NIPSCO to invest millions over 7 years into Royal Center facility.

Dollar General representatives are considering opening a third Logansport location.

The Tennessee-based corporation is in the “due diligence” phase for a potential store in the 600 block of East Main Street in Logansport, a spokeswoman said.

“We’re interested in putting a store there but we haven’t committed to doing so yet,” explained Crystal Ghassemi, public relations manager for Dollar General.

A building contractor filed a permit this month for a $800,000 project laying the foundation for a 9,100-square-foot retail building at 603 E. Main St. on Logansport’s south side.

“We go ahead and do a lot of permitting on the front end because ... the last thing we want to do is spend all the time and money and resources, to find out on the back end that we can’t do what we thought,” said Ghassemi. “It’s a little investment on our end to make sure that if it’s a store we want to move forward with, we already have the permits.”

Dollar General already has two locations in Logansport — one on the west side at 1301 W. Market St. and one on the east side at 3073 E. Market St.

Ghassemi could not say when the corporation was likely to decide on the potential south side store, saying the time required for the due diligence phase varies widely.

Across the country, the corporation operates more than 10,000 stores in 40 states and sold $16.02 billion worth of goods in fiscal year 2012, according to its website. Dollar General stock was added to the S&P 500 listing at the end of November 2012.

NIPSCO TO INVESTIN ROYAL CENTER OFFICE

NIPSCO, the northern Indiana public utility piping natural gas to the Cass County area, announced last week it planned to pump $713 million through 2020 into its natural gas infrastructure, including just under $1 million per year in updates to its Royal Center facility.

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