This is the current version of the Main Street Oak Ridge plan. This is an April 16 site plan forwarded by Ray Evans, a consultant for the City of Oak Ridge.
Evans said this current plan reflects the increase in the number of residential units that was approved by the Oak Ridge Municipal Planning Commission last week.
“This is the plan that will go before Oak Ridge City Council for second reading at the next meeting,” Evans said.
Main Street Oak Ridge is the $80 million, 60-acre project to redevelop the former Oak Ridge Mall, a mostly empty shopping center in the middle of town. The redevelopment has been proposed by Crosland Southeast of Charlotte, North Carolina.
Main Street Oak Ridge is a mixed-use project that would include retailers, restaurants, residential units, and a hotel. The existing space between the two remaining anchors, Belk and JCPenney, would be demolished, although those two stores would remain.
Crosland Southeast announced in March that a lease had been signed with a first anchor store, and three to five more leases could be signed in the next month or so. An anchor store is a large retailer of 20,000 square feet or more that attracts other stores. Main Street Oak Ridge could include three anchors besides Belk and JCPenney, although the new retailers will probably be in smaller spaces than the two existing stores.
The name of the new anchor has not been released yet. Crosland Southeast has previously said that tenants at Main Street Oak Ridge determine when to make their announcements.
On Thursday, the company announced that Atlanta-based MDC development group, through its affiliated company Canterfield Hotel Group LLC, will build a 120-room hotel at the site. The hotel brand has yet to be determined, and feasibility studies are ongoing to determine which brand would best complement the Oak Ridge community.
Crosland Southeast hopes to close on the property this summer, begin demolition and construction at about the same time, and have Main Street Oak Ridge open in the fall of 2016.
See a zoomed-out version of the plan below and a link to a PDF version, which you should be able to enlarge and zoom in on, here: Main Street Oak Ridge Site Plan April 16, 2015.