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Anderson Commission unanimously approves Oak Ridge Mall TIF, project goes to state

Posted at 7:29 pm November 18, 2013
By John Huotari Leave a Comment

Oak Ridge Mall Concept Plan Featured

The Anderson County Commission on Monday unanimously approved a $13 million tax financing agreement that could be used to help the $85 million redevelopment of the mostly empty Oak Ridge Mall.

CLINTON—The Anderson County Commission on Monday unanimously approved a $13 million tax financing agreement that could be used to help the $85 million redevelopment of the mostly empty Oak Ridge Mall.

The vote was 15-0. Anderson County Commissioner Mark Alderson was absent.

“I am extremely optimistic about this,” said Anderson County Commission Vice Chair Robin Biloski, an Oak Ridge resident.

It’s the fifth unanimous or near-unanimous vote on the project in less than a month. The tax increment financing, or TIF, had also been approved with no opposition, but with one abstention, by the Oak Ridge City Council, and it had also been endorsed with no opposition by the Oak Ridge Industrial Development Board and Anderson County budget and operations committees. [Read more…]

Filed Under: Anderson County, Business, Government, Oak Ridge, Top Stories Tagged With: Anderson County, Anderson County Commission, Crosland Southeast, dead mall, development costs, IDB, James L. Murphy, jobs, mall, Mark Alderson, marketing, Oak Ridge, Oak Ridge City Council, Oak Ridge Industrial Development Board, Oak Ridge Mall, property tax revenues, restaurants, retail, retailers, Robin Biloski, tax increment financing, tenants, TIF, Tim Sittema

Secret City Pies has ribbon cutting Tuesday

Posted at 6:25 pm November 18, 2013
By Oak Ridge Today Staff Leave a Comment

Secret City Pies, a new business in west Oak Ridge, has a ribbon-cutting ceremony on Tuesday morning.

The ribbon-cutting is from 9:30 to 10:30 a.m. Tuesday at 1990 C Oak Ridge Turnpike. It’s been organized by the Oak Ridge Chamber of Commerce.

Filed Under: Business, Oak Ridge, Top Stories Tagged With: Oak Ridge Chamber of Commerce, Oak Ridge Turnpike, ribbon-cutting, Secret City Pies

Officials celebrate conversion of historic hotel to assisted living center

Posted at 8:00 am November 15, 2013
By John Huotari Leave a Comment

Alexander Inn Groundbreaking

Local, state, and federal officials join volunteers and nonprofit and business executives for a groundbreaking ceremony at the historic Alexander Inn on Thursday.

Top military leaders and scientists once stayed at this historic two-story hotel in the heart of Oak Ridge, and now it’s being converted into an assisted living center.

The $5.5 million renovation of the Alexander Inn at Jackson Square started in July, the culmination of a years-long preservation effort. It could be complete by mid-2014, said Rick Dover, manager of Family Pride Corp., the company converting the hotel.

The Guest House Senior Living at the Alexander Inn will have 62 rooms, including a 17-room memory care wing.

The hotel was built during the Manhattan Project, a top-secret federal program to build the world’s first atomic bombs during World War II. Guests who once stayed there included Gen. Leslie Groves, Secretary of War Henry Stimson, and physicists J. Robert Oppenheimer and Enrico Fermi. [Read more…]

Filed Under: Business, Community, Government, Nonprofits, Oak Ridge, Oak Ridge, Oak Ridge Office, State, Top Stories, U.S. Department of Energy Tagged With: Alexander Inn, assisted living center, East Tennessee, East Tennessee Preservation Alliance, Endangered Heritage, Ethiel Garlington, ETPA, Family Pride Corp., Guest House Senior Living, historic district, hotel, IDB, Jackson Square, K-25 Building, Manhattan Project, Manhattan Project National Historical Park, National Historic Register, Oak Ridge, Oak Ridge City Council, Oak Ridge Heritage and Preservation Association, Oak Ridge Industrial Development Board, Oak Ridge Revitalization Effort, Patrick McIntyre, payment in lieu of taxes, PILOT, Rick Dover, Tennessee Historical Commission, Tom Beehan, U.S. Department of Energy, U.S. Department of Interior, World War II

More blasting at Kroger Marketplace site on Friday, Monday

Posted at 9:57 pm November 14, 2013
By John Huotari Leave a Comment

Kroger Marketplace Building Construction

More blasting at the Kroger Marketplace shopping center site is scheduled for 2 p.m. Friday and Monday. Police officers will stop traffic on Illinois Avenue and Oak Ridge Turnpike for about three to five minutes during the blasts.

More blasting at the Kroger Marketplace shopping center site is scheduled for 2 p.m. Friday and Monday.

Police officers will stop traffic on Illinois Avenue and Oak Ridge Turnpike for about three to five minutes during the blasts.

During the blasting, Illinois Avenue traffic will be blocked from Robertsville Road to Oak Ridge Turnpike, and Oak Ridge Turnpike traffic will be blocked from the Illinois/Turnpike intersection east to Robertsville Road.

There was also blasting at the site in October. [Read more…]

Filed Under: Business, Government, Oak Ridge, Oak Ridge, Top Stories Tagged With: blasting, Illinois Avenue, Kroger Marketplace, Oak Ridge Turnpike, shopping center

Weigel’s has ribbon-cutting Tuesday

Posted at 2:55 pm November 14, 2013
By John Huotari Leave a Comment

Weigel's on South Illinois Avenue

The Weigel’s on South Illinois Avenue in Oak Ridge has a ribbon-cutting ceremony on Tuesday.

The new Weigel’s store on South Illinois Avenue will have a ribbon-cutting ceremony from 10:30 a.m. to 12 p.m. on Tuesday.

The new Weigel’s convenience store and gas station is at 417 S. Illinois Ave. in Oak Ridge.

It’s one in a series of relatively new businesses recently completed or under construction in or near the Woodland neighborhood along South Illinois Avenue. Others include an Aldi grocery, Panera Bread and Aubrey’s restaurant, and a Bojangle’s restaurant.

Filed Under: Business, Oak Ridge, Top Stories Tagged With: Aldi, Aubrey's, Bojangle's, gas station, Panera Bread, ribbon-cutting, South Illinois Avenue, Weigel's

Free car winterizations for seniors on Saturday

Posted at 2:30 pm November 14, 2013
By Oak Ridge Today Staff Leave a Comment

The Oak Ridge Senior Center has partnered with local businesses to offer free car winterizations for seniors on Saturday.

The first-of-its-kind event is open to seniors 50 and older at the Senior Center on Emory Valley Road. A 12-point vehicle check will be provided free of charge on a first-come, first-serve basis. The event runs from 9:30 a.m. to 3:30 p.m. [Read more…]

Filed Under: Business, Front Page News, Government, Oak Ridge, Oak Ridge Tagged With: car, Oak Ridge Senior Center, seniors, winterizations

B&W seeks investors on program to build small nuclear reactors in Oak Ridge

Posted at 9:04 am November 14, 2013
By John Huotari 11 Comments

TVA Clinch River Site

The Babcock and Wilcox Co. has invested more than $360 million in a project that could result in a small nuclear reactor at the former Clinch River Breeder Reactor Site in west Oak Ridge, pictured above. (Photo courtesy Tennessee Valley Authority)

The Babcock and Wilcox Co. has already invested more than $360 million in a project that could result in a small nuclear reactor in west Oak Ridge, and now the North Carolina company is looking for investors and possibly majority owners.

The mPower small modular reactor, or SMR, program is expected to have a nuclear power plant operating at the former Clinch River Breeder Reactor Site by 2022. Initially, it could have two small reactors, a “twin pack,” and produce 360 megawatts.

On Wednesday, Marshall Cohen, B&W vice president for government affairs and communications, said the company is seeking major corporations who are interested in taking a “strong position,” up to and including ownership, including majority ownership.

“We would reduce our ownership to one that really matches the scope of work going forward,” Cohen said. [Read more…]

Filed Under: Business, Federal, Government, Oak Ridge, Top Stories, U.S. Department of Energy Tagged With: B&W, Babcock and Wilcox Co., Bechtel, Christofer Mowry, Clinch River Breeder Reactor Site, DOE, E. James Ferland, Generation mPower LLC, GmP, investors, JP Morgan, majority owners, Marshall Cohen, mPower, mPower small modular reactor, nuclear fuel, Oak Ridge, reactor module, small modular reactor, Small Modular Reactor Licensing Technical Support Program, small nuclear reactor, SMR, Tennessee Valley Authority, U.S. Department of Energy

Dollar General celebrates new store in Oak Ridge on Saturday

Posted at 11:53 am November 12, 2013
By John Huotari 3 Comments

Dollar General

The new Dollar General store in west Oak Ridge has a grand opening on Saturday.

Dollar General will celebrate the opening of its new store in west Oak Ridge on Saturday.

The grand opening celebration at 2095 Oak Ridge Turnpike starts at 8 a.m. and includes free prizes and special deals, a press release said. The first 50 adult shoppers at the store will receive a $10 Dollar General gift card and the first 200 shoppers will receive a Dollar General tote bag, among other giveaways.

“Dollar General is committed to delivering a pleasant shopping experience that includes a convenient location, a wide assortment of merchandise, and great prices on quality products,” said Dan Nieser, Dollar General’s senior vice president of real estate and store development. “We hope our Oak Ridge customers will enjoy shopping at Dollar General’s new location.” [Read more…]

Filed Under: Business, Oak Ridge, Top Stories Tagged With: Dan Nieser, Dollar General, grand opening, Oak Ridge Turnpike, store, West Lincoln Road

Alexander Inn groundbreaking, press conference Thursday

Posted at 11:39 am November 12, 2013
By Oak Ridge Today Staff Leave a Comment

Alexander Inn Ballroom Demolition

In June, workers had demolished the ballroom at the Alexander Inn, a historic, dilapidated two-story hotel that has been vacant for years and is now being converted into an assisted living facility. (File photo)

Local, state, and federal officials will join nonprofit and business executives for a formal groundbreaking and press conference on Thursday at the historic Alexander Inn, which is being converted into an assisted living center.

The press conference will start at 10 a.m. at the Guest House at the Alexander Inn Senior Living, which is at 210 E. Madison Road on the northwest side of Jackson Square. Representatives from the City of Oak Ridge, U.S. Department of Energy, Tennessee Historical Commission, East Tennessee Preservation Alliance, and Family Pride Corp. are all expected to take part.

The iconic two-story hotel had been unused for about two decades and fallen into disrepair. Family Pride Corp. has been rehabilitating the Manhattan Project-era building since May. It’s been stabilized, but the building will not be completed until mid-2014, a press release said. [Read more…]

Filed Under: Business, Federal, Government, Oak Ridge, Oak Ridge, State, Top Stories Tagged With: Alexander Inn, Alexander Inn Senior Living, assisted living, East Tennessee Preservation Alliance, ETPA, Family Pride Corp., Guest House, hotel, Manhattan Project, Oak Ridge, Tennessee Historical Commission, U.S. Department of Energy

Oak Ridge City Council approves $13 million tax financing for mall redevelopment

Posted at 10:10 pm November 11, 2013
By John Huotari Leave a Comment

Oak Ridge Mall

The Oak Ridge City Council voted 6-0 on Monday to approve a $13 million proposal to use new property tax revenues to help redevelop the Oak Ridge Mall. The L-shaped mall is pictured at center above. The white-roofed building at center left is Walmart and the one at center top is the Cinemark Tinseltown theater.

The Oak Ridge City Council voted 6-0 on Monday to approve a $13 million proposal to use new property tax revenues to help redevelop the Oak Ridge Mall.

There was one abstention. The near-unanimous approval by Council continues a string of successes for the proposed redevelopment.

Known as tax increment financing, or a TIF, the proposal approved by Council on Monday had already been unanimously endorsed by the Oak Ridge Industrial Development Board and the Anderson County operations and budgets committees. It will next be considered by the Anderson County Commission on Monday, Nov. 18. [Read more…]

Filed Under: Business, Government, Oak Ridge, Oak Ridge, Top Stories Tagged With: Anderson County Budget Committee, Anderson County Commission, Anderson County Operations Committee, Oak Ridge City Council, Oak Ridge Industrial Development Board, Oak Ridge Mall, property tax revenues, tax increment financing, TIF, Trina Baughn

Mall TIF sailing through approval process, goes to Oak Ridge City Council tonight

Posted at 2:05 pm November 11, 2013
By John Huotari Leave a Comment

Oak Ridge Mall Concept Plan Featured

The proposal to use tax increment financing to help with the $85 million redevelopment of the Oak Ridge Mall, pictured above in a concept plan, has easily sailed through the approval process so far, and the project faces a crucial vote at tonight’s Oak Ridge City Council meeting.

The proposal to use tax increment financing to help with the $85 million redevelopment of the Oak Ridge Mall has easily sailed through the approval process so far, and the project faces a crucial vote at tonight’s Oak Ridge City Council meeting.

The Oak Ridge Industrial Development Board and Anderson County operations and budget committees have already unanimously endorsed the tax increment financing, or TIF. The agreement could be worth $13 million and last 20 years, and it would allow new property tax revenues generated at the site to be used to help pay for development costs.

The redevelopment of the mostly empty mall, where ambitious revamping plans have languished for years, has been proposed by Crosland Southeast, a North Carolina company relatively new to this project. Under the tax financing agreement, new property taxes collected in the TIF district could be used to reimburse Crosland Southeast for certain expenses associated with the project. [Read more…]

Filed Under: Business, Government, Oak Ridge, Oak Ridge, Top Stories Tagged With: Anderson County Operations Committee, Crosland Southeast, Oak Ridge City Council, Oak Ridge Industrial Development Board, Oak Ridge Mall, tax increment financing, TIF

Council to consider 10 percent pay raise for city manager, mall TIF

Posted at 9:57 am November 5, 2013
By John Huotari 8 Comments

Mark Watson

Mark Watson

The Oak Ridge City Council on Monday will consider a 10 percent salary increase for City Manager Mark Watson.

If council approves, Watson would earn a new annual base salary of $150,321.60, effective Aug. 8, 2013. He started in Oak Ridge about three years ago at an annual salary of $131,996.80.

The pay raise has been unanimously recommended by a three-member City Manager Evaluation Committee. It would require that Watson’s employment agreement be amended.

The recommended increase is based on council member’s evaluations of Watson and his performance during the previous year, said Charles J. “Chuck” Hope Jr., chair of the City Manager Evaluation Committee. [Read more…]

Filed Under: Business, Government, Oak Ridge, Oak Ridge, Top Stories Tagged With: Charles J. "Chuck" Hope Jr., city manager, City Manager Evaluation Committee, Mark Watson, Oak Ridge City Council, Oak Ridge Mall, pay raise, salary, salary increase, tax increment financing, TIF, U.S. Department of Energy

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