Stan­dard com­mu­nity in­vestors aim to at­tract re­tail store

In­vestors pur­chase for­mer Stan­dard Co-op

The Drumheller Mail - - FRONT PAGE - Pa­trick Ko­lafa

A group of Stan­dard and area busi­ness op­er­a­tors and com­mu­nity boost­ers are work­ing to­wards fill­ing the re­tail void in the vil­lage af­ter the clos­ing of the Stan­dard Co-op.

The Mail re­ported in the March 7 edi­tion the mem­ber­ship of the Stan­dard Co-op de­cided to close its doors. This came af­ter a sig­nif­i­cant drop in sales over the last 10 years. The stock was liq­ui­dated and the build­ing put up for sale.

Brett Gates tells the Mail the build­ing has been pur­chased and they are do­ing up­grades in hopes of find­ing some­one in­ter­ested in run­ning a re­tail store in the com­mu­nity.

“We are still work­ing on that. We haven’t got an op­er­a­tor yet, we have a cou­ple of op­tions but we haven’t signed a deal yet, but we are sure giv­ing it our best shot. Some­one could make a darn good liv­ing there with our sup­port,” said Gates.

He said in June a group of 29 sup­port­ers in the com­mu­nity formed a num­bered com­pany in hopes of at­tract­ing a ten­ant.

“We started do­ing some work in there, chang­ing some re­frig­er­a­tion equip­ment and other im­prove­ments,” he said.

They are hop­ing for some­one to open a gro­cery store, liquor, and lot­tery on one side of the prop­erty. There is an­other va­cant bay for an­other busi­ness.

“We just want to be a land­lord, we don’t want to op­er­ate any­thing. We don’t need to make money, we just want to break even and get a store back in the town be­cause it is just killing our town. It used to be the cen­tre of the com­mu­nity and now there’s noth­ing,” he said.

file­photo

A group of 29 in­vestors from the Stan­dard area pur­chased the for­mer Stan­dard Co-op build­ing last spring and are ac­tively look­ing for a busi­ness per­son to op­er­ate a store in the fa­cil­ity.

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