Business & Tech
Bob Evans Property Sale Finalized to Make Way For Petro Mart
Western Oil purchased the Lindbergh Boulevard property, located off Interstate 44, for $1.7 million.
After several months of public hearings to open a 24-hour gas station on Lindbergh Boulevard, Western Oil Inc. officially purchased the former Bob Evans site in Sunset Hills for $1.7 million, according to a news release from Savoy Properties.
The City of Sunset Hills approved the project's conditional use permit last December. Western Oil Inc.’s final development plan includes a 4,080 sqare foot convenience store with eight gas-pump islands.
After Bob Evans closed in 2005, Novus Development Company purchased the site with plans for a retail and lifestyle center after Bob Evans closed in 2005, according to the release. First Bank purchased the property from Novus after they were unable to move forward with the project, hoping to open a new bank branch. Western Oil, Inc. initially had the property under contract in August 2011, the release notes.
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The sale for the 1.53-acre property closed on Jan. 16. Savoy Properties' John Pennington represented both the seller, First Bank, and the buyer.
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