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Recording of subdivision plat for mall redevelopment shows comfort among attorneys, consultant says

Posted at 5:23 pm June 28, 2016
By John Huotari 10 Comments

Oak Ridge Mall

The Oak Ridge City Center, which could be redeveloped as a multi-use town center known as Main Street, is pictured above. Also known as the former Oak Ridge Mall, the L-shaped building is at center. The white building at center left is Walmart, and it is not part of the proposed redevelopment. Neither is the white building at center top, the Tinseltown Theater. (Photo by John Huotari/Oak Ridge Today)

 

Note: This story was updated at 5:30 p.m.

The subdivision plat for Main Street Oak Ridge, the redevelopment of the former Oak Ridge Mall, was on its way to the Anderson County Register of Deeds to be recorded on Tuesday afternoon, said Ray Evans, retail consultant for the City of Oak Ridge.

That means the attorneys for both the buyer and the seller were comfortable enough with their progress to have the plat recorded, Evans said.

Officials said last week that RealtyLink, the proposed developer, is on track to close on the sale of the roughly 60-acre mall site by the end of June. It’s currently owned by Oak Ridge City Center LLC.

The Oak Ridge Municipal Planning Commission added a lot to the subdivision plat for the proposed redevelopment in April, creating 11 interior lots. Officials said that requested change had to do with project financing, and it was a minor change from what was approved several months earlier. [Read more…]

Filed Under: Business, Business, Oak Ridge, Slider Tagged With: American Museum of Science and Energy, AMSE, Belk, Dick's Sporting Goods, JCPenney, Main Street—Oak Ridge, Oak Ridge City Center, Oak Ridge City Center LLC, Oak Ridge City Council, Oak Ridge Mall, Oak Ridge Municipal Planning Commission, PetSmart, Ray Evans, RealtyLink, subdivision plat, T.J. Maxx, Ulta, Warren Gooch

Dick’s Sporting Goods, PetSmart, T.J. Maxx, Ulta to locate at Main Street Oak Ridge

Posted at 12:13 pm May 3, 2016
By John Huotari 23 Comments

Main-Street-Oak-Ridge-Sign-Dec-21-2015

Workers from Masstar Signs of Greenville, S.C., install a new shopping center pylon sign at South Illinois Avenue and East Tulsa Road that announces Main Street Oak Ridge, the planned $80 million redevelopment of the former Oak Ridge Mall. Pictured above on Monday, Dec. 21, 2015, is Will Biggs of Masstar Signs. (Photo by John Huotari/Oak Ridge Today)

 

Note: This story was last updated at 4:57 p.m.

Dick’s Sporting Goods, PetSmart, T.J. Maxx, and Ulta will have new stores at Main Street Oak Ridge, Mayor Warren Gooch said Tuesday.

Also, Belk and JCPenney are renewing their leases at the 58-acre site, Gooch said during a State of the City speech to the League of Women Voters of Oak Ridge.

“Negotiations with other major retailers are ongoing,” Gooch said.

The mayor got an update from Neil Wilson of RealtyLink, which took over as master developer in September, on Monday. Wilson told Gooch that RealtyLink has come to terms with both its senior construction lender and the tax increment financing construction lender.

“We are closer to the closing on the sale of the mall property and the start of construction,” Gooch said. [Read more…]

Filed Under: Business, Business, Front Page News, Oak Ridge, Slider Tagged With: Dick's Sporting Goods, Main Street—Oak Ridge, Oak Ridge Mall, PetSmart, RealtyLink, T.J. Maxx, Ulta, Warren Gooch

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Classifieds

Availability of the draft environmental assessment for off-site depleted uranium manufacturing (DOE/EA-2252)

The U.S. Department of Energy (DOE) National Nuclear Security Administration (NNSA) announces the … [Read More...]

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AVAILABILITY OF THE FINAL ENVIRONMENTAL ASSESSMENT FOR THE OFFSITE HOUSING OF THE Y-12 DEVELOPMENT … [Read More...]

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