The first store has opened in the second phase of Main Street Oak Ridge.
The new store, Five Below, had a ribbon-cutting ceremony on Friday morning.
Five Below has many products priced between $1-$5, and some over $5. Products sold in the store include art and creative products, clothing and sporting items, candy, and technological equipment.
Five Below was founded in 2002, and it is headquartered in Philadelphia, Pennsylvania. The company has more than 1,000 stores in 39 states.
The four new stores that have been announced at Main Street Oak Ridge as part of the second phase of the project are Five Below, Home Goods, Old Navy, and Ross Dress for Less. The new stores will be between JCPenney and PetSmart.
The second phase of the project proceeded after the City of Oak Ridge and the company leading the redevelopment, RealtyLink of South Carolina, negotiated for months over whether to allow a self-storage facility at the site in the area behind stores along Rutgers Avenue. Main Street Oak Ridge is the project to redevelop the site of the former Oak Ridge Mall.
The spaces for the other new stores in the second phase of the project have also been built, and a paving crew was laying asphalt in front of the new stores on Friday.
More information will be added as it becomes available.
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