Oak Ridge officials on Thursday approved a re-subdivision that was required for the $80 million project to redevelop the former Oak Ridge Mall.
The re-subdivision includes 10 different lots, including one larger parcel in the center of the 58-acre site and other smaller lots. Officials said the re-subdivision was necessary for financial considerations, and it is a condition for closing on the property.
Oak Ridge Community Development Director Kathryn Baldwin said the city has received notice the remediation is complete on the interior of the mostly empty mall, and construction drawings have been submitted for three buildings expected to receive permits. The new buildings could be erected next to Belk and in the area where Sears is now.
The Oak Ridge Municipal Planning Commission approved the re-subdivision in an 8-0 vote during a special meeting Thursday. Planning commissioners present were Chair Stephen Whitson, Vice Chair Austin Lance, Secretary Claudia Lever, and members Charlie Hensley, Sharon Kohler, Jane Shelton, Hans Vogel, and Todd Wilson. [Read more…]