Groundbreaking and demolition for Main Street Oak Ridge, the redevelopment of the former Oak Ridge Mall, is on schedule to begin by June 30, Mayor Warren Gooch said Tuesday.
The $80 million redevelopment of the 60-acre site in the heart of the city is perhaps the most eagerly anticipated project of the past decade.
Crosland Southeast, the North Carolina company that has proposed Main Street Oak Ridge, announced last week that MDC Development Group of Atlanta will be the hotel developer at the site.
“MDC is also a major developer in the senior housing industry and 15 months ago opened Canterfield Oak Ridge Assisted Living,” Gooch said. “It has been very successful and well-received in our community.” [Read more…]