The developers who want to convert the former Oak Ridge Mall into Main Street Oak Ridge signed their first anchor store lease last week, an executive said Thursday.
And three to five more leases could be signed in the next month or so, said Tim Sittema of Crosland Southeast, the North Carolina company that has proposed the roughly 60-acre redevelopment.
Main Street Oak Ridge would redevelop the mall as a mixed-use project that would include retailers, restaurants, residential units, and possibly a hotel. The existing space between the two remaining anchors, Belk and JCPenney, would be demolished, although those two stores would remain. [Read more…]