The highly anticipated, new shopping complex, The Veranda, opened in Concord just in time for the Holiday shopping. 365 Whole Foods, Cost Plus World Market, Toys Are Us, TJ Maxx and the Veranda Luxe Cinema all opened their doors. More stores are completing construction and will be opening soon.
The Veranda Grand Opening was honored by speeches from several area dignitaries, including County Supervisor Karen Mitchoff, Concord Mayor Edi Birsan, Assemblyman Tim Grayson, General manager Ashton Simmons, and others, all touting the regional benefits from the projected tax revenue generated from the new center. The new Veranda center is expected to generate as much as $800,000 in sales tax revenue in its first year.
Both Pleasant Hill and Concord’s Greater Area Chambers of Commerce each participated with the traditional ribbon cutting followed by fireworks. Concord is bucking a national trend. U.S. retailers are closing more stores going into 2018. According to a study by Fong global retail and tech, U.S. retailers announced plans to close almost 7,000 stores in 2017 compared to only 3,400 store openings. So, the city has reason to be celebrating the new additional retail space.
“If we add more services to our community we have more happy people. So, all in all, it’s a win, win, win. This is the first major development since 1973,” says Concord Mayor Edi Birsan.