The retailer will buy more than 50 acres of property in the area near the Hogan Road. A little more than half of the acreage will go into conservation.
Wal*Mart will also help to fund an extension of the Hogan Road in order to build a new entrance, to help reduce traffic on Stillwater Avenue.
The retail giant will also be paying for more than 3 and-a-half-million dollars of road improvements in the area, most of which will go toward widening Stillwater Ave.
The store is scheduled to open in about a year. Wal*Mart’s first attempt to build a supercenter on Stillwater was turned down in 2003, for environmental reasons.