Neil Wilson, left, principal of RealtyLink, gives an update on the redevelopment of the former Oak Ridge Mall at an Oak Ridge Chamber of Commerce Rise and Shine at TNBank on Tuesday, Nov. 3, 2015. (Photo by John Huotari/Oak Ridge Today)
Note: This story was last updated at 9:30 a.m. Dec. 15.
The new company leading the redevelopment of the former Oak Ridge Mall won’t close on the property on Tuesday, and the closing could be pushed into January, officials said this month.
But it’s nothing to be concerned about, one official said Monday, adding that there are many pre-closing activities to accomplish in a short period of time, some in series.
“There have been no holdups, just a lot to do,” said Ray Evans, retail consultant for the City of Oak Ridge. “As an example, a subdivision plat has to be approved by the Planning Commission prior to closing. In order for the plat to be prepared, the property had to be re-surveyed. The new survey stakes are very apparent around the property. The plat was submitted yesterday (Monday). It will likely go before the Planning Commission at its meeting on January 7.”
Evans said RealtyLink has had geotechnical staff on site doing core borings during the past few weeks.
“In addition, they have been working on completing the environmental work,” he said.
Officials said RealtyLink and its contractor remain committed to having stores open for seven of the new tenants for the 2016 Christmas season. [Read more…]
