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…]
