DEFUNIAK SPRINGS- It was announced Monday at the meeting of the Walton County Board of County Commission that Love’s Travel Stops and County Stores will be opening a location at the County’s Mossy Head Industrial Park. This announcement signifies the first tenant to be located in the industrial park.
According to the announcement, Love’s will be opening a travel stop that will include a fuel station for diesel and passenger vehicles, a country store, a tire shop for trucks and two national franchise restaurants. According to early projections, the location will bring approximately 80 new full and part-time jobs to the area. In addition to the jobs that will be created, Love’s anticipates the sale of several million gallons of diesel fuel and over 2 million gallons of gasoline and several million dollars in retail and restaurant sales annually.
In addition to the success of securing a first tenant to the industrial park and the addition of jobs, once built, the new Love’s location will also provide an increase in annual fuel, sales and property tax revenue for Walton County.
To gain access to the Mossy Head Industrial Park, there have been several items agreed upon by Love’s and Walton County. Love’s has agreed to purchase a 15 acre parcel for $500,000 and will pay the costs to upgrade the roads, construct and operate the facility. Walton County has agreed to clear the site, construct the master storm water system and to build the interior road to Love’s specifications.
The parcel being purchased is located east of Highway 285 and between Highway 90 and Interstate 10. The main entrance to the station will be from Highway 285.
The anticipated opening of the new Love’s location is July of 2014. The County plans to execute the contract and provide a 120-day due diligence with the expectation of closing the property in November or December of this year. Pending the closing, there will be a bid for construction released with construction beginning sometime in January of 2014.
The members of the Walton County Board of County Commission are excited about the announcement and look forward to a partnership with Love’s Incorporated and the continued expansion of the Mossy Head Industrial Park.