SIOUX CITY | The owner and operator of five metro Burger Kings is proposing to build a new restaurant at the corner of Floyd Boulevard and Northern Valley Drive on Sioux City's north side.
Saltzman Management Co. plans to build either a Burger King or a Buffalo Wings & Rings -- a sports bar and grill similar to Buffalo Wild Wings -- or another similar concept restaurant near 3104 Floyd Blvd., according to city documents.
The 1.5-acre lot sits directly across the street from the Floyd Boulevard Wal-Mart and about an acre south of Pizza Ranch. Under the proposal, Saltzman Management would purchase the area for $422,500 and construct a new restaurant on the property, making an investment of approximately $1.1 million. The restaurant would employ about 20 full-time and 15 part-time employees.
The City Council will vote Monday whether to approve a resolution announcing the city's intent to accept Saltzman's proposal, setting in motion a 30-day period in which other proposals can be submitted to the city.
Documents say Saltzman is still conducting due diligence on the sit-down restaurant concept and will use the 30 days to make a final decision on which restaurant to build.
Economic Development Specialists Chris Myres said the area has seen high interest, with three to four other developers interested in bringing restaurants to the same location. He said it's likely the city's declaration of intent to sell the property will bring other proposals during the 30-day window.
"I think it might prompt some of the other restaurants that are interested," he said.
The City Council will consider all competing proposals submitted during the window, he said.
With traffic counts climbing in the area of Floyd Boulevard and Outer Drive, two major Sioux City thoroughfares on the north side, Myres said the city sees Northern Valley Crossing as an area ripe for additional retail expansion. He said several more lots exist in the area, and the city has received interest.
"We hope to be bringing more proposals to council for approval in the near future," he said.
Shennen Saltzman and his wife, Kathleen, have been franchisees for Burger King for approximately 20 years. They were named Burger King Franchisee of the Year at Burger King's global convention in November 2016.
Saltzman owns and operates five locations, four in Sioux City and one in South Sioux City. Locations sit along Hamilton Boulevard, Singing Hills Boulevard, Lakeport Road and Pierce Street in Sioux City and Cornhusker Drive in South Sioux City.
Saltzman could not be reached for comment Friday.
The Sioux City Council will meet 4 p.m. Monday on the fifth floor of City Hall, 405 Sixth St.