The developers of a new shopping center in Fall River said that Sam’s Club has signed an agreement to open a store there in mid 2013, its first in this part of Massachusetts.
The shopping center will be known as Crossroads at 24 --- its location is near a Route 24 off-ramp. Walmart, the sister chain of Sam’s Club, announced plans last year to be a tenant at Crossroads at 24, said the shopping center’s developers, First Bristol Corp. and Marshall Properties Inc. Walmart and Sam’s Club are the shopping center’s first two tenants.
According to its website, Sam’s Club is a chain of membership warehouse club stores and a division of Wal-Mart Stores Inc.
A 165,000-square-foot Walmart is now under construction, and construction is expected to begin on a 160,000-square-foot Sam’s Club later this year, the developers said. Both the Walmart and the Sam’s Club are scheduled to open at some point next summer.
The site was previously a Quaker Manufacturing textile facility, the developers said.
According to First Bristol and Marshall Properties, the Sam’s Club in Fall River will create about 175 full- and part-time jobs, and it is expected to generate more than $300,000 annually in tax revenue for the City of Fall River and $3 million annually to the Commonwealth of Massachusetts.