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Lindley Estes is a business writer for The Free Lance-Star and Fredericksburg.com. This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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Panera Bread planning eatery on U.S. 17 in Stafford

Credit: Wikipedia

Panera Bread plans to open a location off U.S. 17 in Stafford County with some help from a public incentives package approved earlier this summer.

Panera will lease a one-acre parcel in front of the Carter’s Crossing shopping center for a 4,000-square-foot facility that could open in about a year. The chain hopes to begin construction as soon as the county approves a conditional use permit and site plan, said Chris Hornung, a vice president for Carter’s Crossing developer the Silver Cos.

The eatery will be at the intersection of South Gateway Drive and U.S. 17, in front of the Target store and near the Interstate 95 interchange. Panera’s plans for the facility include a drive-through window.

Panera will receive up to $75,000 from the county in the form of water-and-sewer fee rebates if it meets certain performance requirements involving new tax revenue for Stafford. County officials approved that agreement earlier this year. The Panera facility is expected to create about $126,500 in new annual revenues for Stafford.

A similar incentives deal was approved for a second restaurant in that area, but for now Silver officials are still just working with prospects. A Wawa is also scheduled to be built in front of Carter’s Crossing.

The Carter’s Crossing eatery will be the fourth for Panera in the Fredericksburg region. The fast-casual chain also has locations at Cosner’s Corner in Spotsylvania County, Central Park in Fredericksburg and Stafford Marketplace off Garrisonville Road in North Stafford.

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Permalink: http://news.fredericksburg.com/businessbrowser/2012/09/24/panera-bread-planning-eatery-on-u-s-17-in-stafford/

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