Home Depot completes Fairbanks property purchase

Posted: Sunday, July 08, 2001

FAIRBANKS (AP) -- Home Depot representatives have signed papers giving the company ownership of 12.7 acres of land off the Johansen Expressway to build their second Alaska superstore.

The papers were signed last week and contractors have begun grading the site for the 130,500-square-foot building. Roger Hickel Contracting of Anchorage is the general contractor, said Chuck Sifuentes, Home Depot spokesman.

Home Depot announced in January its intention to build a Fairbanks store. The company said it would start construction in the spring and open by the end of the year. However, company officials said cleanup of contaminated soil on the site took longer than anticipated.

The store will now open in spring 2002, Sifuentes said.

''Then we start putting in the racking, bringing in the product, hiring employees, and training,'' he said.

The company will employ 150 to 200 workers at about $8 an hour, though people with electrical or construction backgrounds will be paid more.

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