A True Value
Store owners open to multiple possibilities
March 20, 2004
The Steamboat True Value building will be vacant in about a month when the business takes the place of Curve Market, but the building’s owners expect a new tenant soon.
Bill Moser, leasing manager of the True Value building and its home shopping area, Riverside Center, said finding a new tenant for the 14,400-square-foot building “will be easy,” and he’s had calls about it already.
“There’s a lot of things going on on the west side of town,” Moser said. “New homes are being built at West End Village and Silver Spur, so the way things look with quite a few new homes, we should have a new tenant. There are plenty of possibilities.”
Moser said he is disappointed that Curve Market decided to close because the closing will further congest downtown traffic, as west Steamboat residents will have to drive to the other side of town.
“I think this site would be appropriate for a small grocer,” Moser said. “Ideally, we would get some sort of independent store. Hopefully, we would get a tenant that will be an asset to the community.”
Moser is part of a Florida-based partnership that owns the True Value building and Riverside Center. Construction of the buildings was completed in 1984. True Value has been there since.
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Moser said losing True Value, the largest retailer in the Riverside Center, probably wouldn’t hurt the 13 neighboring businesses in the plaza.
“All the businesses are going strong,” Moser said. “The glass place is doing well. The ballet studio is getting stronger each month that goes by. Pisa’s has made a name for itself. Sometimes those customers would come by to pick up light bulbs, but most came because they were just plain hungry.”
Riverside’s 13 businesses include a rug store, a medical supply store, a photography studio, a hair salon, a surveying group, a restaurant and a dance studio.
Steamboat True Value owner Dennis Swanson said he was in the hardware business in Chicago when he heard about the space in Steamboat 20 years ago. The business prospered and soon outgrew its space.
Swanson sought a new location for several years with no avail. When he found the owner of Elk River Crossing shopping center was looking for a new tenant to take the place of the 27,000-square-foot Curve Market and Deli, he jumped at the opportunity to increase his space by almost 13,000 square feet and move into a more visible location.
Swanson was in the process of negotiating the deal last week, he said Thursday.
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