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Posted on Thu, Apr 22, 2010 : 6:01 a.m.

Dick's Sporting Goods keeps plans alive for new Pittsfield Township store

By Paula Gardner

Dick’s Sporting Goods - a retailer that posted $4.4 billion in U.S. sales in 2009 - may be closer to building a new store in Pittsfield Township.

RSM Development of Bloomfield Hills received site plan approvals in 2009 for a 50,000 store at 3060 Lohr Circle, southeast of the I-94 interchange at Ann Arbor-Saline Road.

However, those plans were set to expire after 6 months, said township planner Paul Montagno.

Now a one-year extension is in place as of this spring, and activity on the property is picking up, Montagno said.

“It appears there’s a little more activity surrounding that project,” Montagno said.

“We’ve had some phone calls recently about what they need to do (to move it forward),” he said.

Dick’s officials would not comment on the Pittsfield Township plans. A recent SEC filing indicated that stores typically open 6 to 18 months after a new store site is chosen.

According to its public filings, Dick’s leases all of its stores. The company [NYSE: DKS] has 14 leases signed for store openings in 2010 and 4 signed leases for stores planned for 2011 openings. Dick’s opened 24 stores in 2009.

Meanwhile, the company generated a 7 percent increase in sales in 2009, despite a 1.90 percent drop in same-store sales.

Most new stores fit a 50,000-square-foot prototype, and nearby tenants typically include high-traffic big box stores like Best Buy, which is located south of the store site.

Dick’s operated 419 stores in 40 states under that brand as of early this year, with another 91 stores in 30 states under the Golf Galaxy brand. Fifteen Dick’s are in Michigan.

Dick's first sought an Ann Arbor area location at Briarwood Mall, then shifted gears to the Pittsfield Township site. The 6.84-acre property is now home to a self-storage company. The real estate was sold in 2007 for $2.75 million, according to township records.

Site plans for the store were submitted in 2007, Montagno said.

"The planning commission took quite a while working through the site plan with them," Montagno said. "It's going to be a nice development when all said and done."

Dick's, based in Pennsylvania, has 10,000 full-time employees. Its stock traded Wednesday at $28.72, giving it a market cap of $3.3 billion.

Paula Gardner is Business News Director of Contact her at 734-623-2586 or by email. Sign up for the weekly Business Review newsletter, distributed every Thursday, here.



Fri, Apr 23, 2010 : 12:39 p.m.

@ scooter dog sorry it was a typo I've been there a million times

Blue Daisy

Thu, Apr 22, 2010 : 7:03 p.m.

I would think the Linens n Things vacancy would be large enough, but maybe they have bigger plans for this store. I have been to one in IL that had a rock climbing wall inside. Also, a grammar correction in last sentence -- "Its stock..."

scooter dog

Thu, Apr 22, 2010 : 5:25 p.m.

Its called CABELAS,not cadelas


Thu, Apr 22, 2010 : 10:08 a.m.

@dading are you talking about the one in Novi? I goggled them and thats the closest one I found. if so, that ones farther away than Dunee.I was refeering just to the A2 Ypsi area. Dicks are big stores and it would give a lot of jobs to build one, so I would'nt see a problem if they wanted to spend the money to build a new one

dading dont delete me bro

Thu, Apr 22, 2010 : 9:08 a.m.

so renovate existing space even bigger. i don't see dick's putting a hurt on cabela's. there's a dick's at lee rd(?) and us23 already. -dading!


Thu, Apr 22, 2010 : 8:13 a.m.

I'm with dading and SFF. We have the real estate already built. I can't imagine it would be cheaper to build a new building. That's just crazy.


Thu, Apr 22, 2010 : 7:59 a.m.

The Linens & Things former store would be plenty big.


Thu, Apr 22, 2010 : 7:33 a.m.

A Dicks near Ypsi would bum Cadela's out,I know that me and my friends would take the shorter trip


Thu, Apr 22, 2010 : 7:25 a.m.

Teo things Dading, 1) Location, location, location. 2) The amount of space required and the lay out would not make a 'strip mall' viable.

dading dont delete me bro

Thu, Apr 22, 2010 : 5:23 a.m.

"building a new store" isn't there enough vacant strip mall space there they can renovate?