Oak Ridge Today

Crosland Southeast ‘disappointed,’ invested more than $1 million in mall redevelopment

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Tim Sittema

Tim Sittema

CHARLOTTE, N.C.—The North Carolina firm that has been replaced as master developer at Main Street Oak Ridge, the project to redevelop the former mall, said it has invested more than $1 million in the project and is “sorely disappointed” that it won’t be able to finish it.

Crosland Southeast, of Charlotte, North Carolina, said it has been engaged in more than “two years of tireless work,” and the project was in its final stages.

“This was one of the most difficult turnaround developments that we have encountered or seen, and we are sorely disappointed that we will not have the opportunity to finish what we started,” said Tim Sittema, managing partner of Crosland Southeast. “We had just negotiated the last piece of an incredibly complicated project with numerous moving parts, and had invested well over a million dollars into making this project a success. The situation is complicated. Nevertheless, we hope for the best outcome for the community of Oak Ridge. We have very much enjoyed working with city staff and community leaders.”

Oak Ridge City Center LLC, the current owners of the property, announced Monday that RealtyLink, a South Carolina real estate development firm, will replace Crosland Southeast as the master developer of the 60-acre Main Street Oak Ridge project. RealtyLink is based in Greenville, South Carolina. [Read more…]

RealtyLink replaces Crosland Southeast as Main Street developer

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Oak Ridge Mall

The Oak Ridge City Center, which could be redeveloped as a multi-use town center known as Main Street, is pictured above. Also known as the former Oak Ridge Mall, the L-shaped building is at center. The white building at center left is Walmart, and it is not part of the proposed redevelopment. Neither is the white building at center top, the Tinseltown Theater. (Photo by John Huotari/Oak Ridge Today)

 

Note: This story was last updated at 1:51 p.m.

RealtyLink, a South Carolina real estate development firm, will replace Crosland Southeast as the master developer of the 60-acre Main Street town center project in Oak Ridge, the property owners said Monday.

RealtyLink is based in Greenville, South Carolina.

“RealtyLink first showed interest in the project as early as 2012,” said Steve Arnsdorff, the chief manager for Oak Ridge City Center LLC, the current owners of the property. “We are delighted that they have had continuing interest and are now able to assume the position of the previous developer.”

RealtyLink currently has nearly two million square feet of space in various stages of development including The River Landing, a 16-acre retail project on Winfield Dunn Parkway in Sevierville. In addition to Greenville, South Carolina, RealtyLink has offices in Charleston, South Carolina; Birmingham, Alabama; and Milwaukee, Wisconsin. [Read more…]

Demolition permit applied for at Main Street Oak Ridge, site plan approved

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Main Street Oak Ridge Site Plan Work Session

Barry James, Crosland Southeast senior vice president, standing, explains part of the Main Street Oak Ridge site plan to the Municipal Planning Commission on Thursday, August 6, 2015. Seated from left are planning commissioners Terry Domm, Jane Shelton, Claudia Lever, and Charlie Hensley. At left in the background is Steve Arnsdorff, chief manager of Oak Ridge City Center LLC, the current owner of the property, the former Oak Ridge Mall. (Photo by John Huotari/Oak Ridge Today)

 

Note: This story was last updated at 9:10 p.m.

The demolition permit has been applied for and the site plan approved, two crucial steps in the proposal to redevelop the former Oak Ridge Mall as Main Street Oak Ridge, a 60-acre site that could include retailers, restaurants, residential units, and a hotel.

Developers applied for the demolition permit last week, Oak Ridge Community Development Director Kathryn Baldwin said Thursday. It will now be reviewed by the city staff. The demolition could include the existing space between the two remaining anchors, Belk and JCPenney, although those two stores would remain.

The site plan is for the construction of the first phase “building footprints” and the infrastructure to serve them, Baldwin said. Construction drawings for the buildings themselves will come later.

The site plan for the core retail area was approved unanimously by the 10-member Oak Ridge Municipal Planning Commission on Thursday evening. It incorporated comments by the city staff. It does not require approval by the Oak Ridge City Council. [Read more…]

Main Street Oak Ridge site plan to be considered Aug. 6

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Oak Ridge Mall

A site plan for Main Street Oak Ridge, the $80 million redevelopment of the former Oak Ridge Mall, which is pictured above, will be considered by city officials on Thursday, August 6, 2015. (Photo by John Huotari/Oak Ridge Today)

 

A site plan for Main Street Oak Ridge, the $80 million redevelopment of the former Oak Ridge Mall, will be considered by city officials next week.

The site plan was submitted on Monday, June 29. It’s one of several steps that have been recently announced on the eagerly anticipated 60-acre redevelopment. Other steps include pre-demolition activities and bid reviews, and roughly $500,000 worth of pledges from six local employers to help cover public infrastructure costs.

The City of Oak Ridge has also received and is considering a preliminary subdivision plat that details construction plans for East and West Main Street and Wilson Street, which are private roads but could become public streets. [Read more…]

City budget raises trash fee, provides more for city infrastructure

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Oak Ridge City Council on July 28, 2015

The Oak Ridge City Council raised the trash pickup fee by $3.50 during a special budget meeting on Monday, July 27, 2015, and the Council set aside an extra $260,000 for capital projects such as buildings and schools. (Photo by John Huotari/Oak Ridge Today) 

 

Note: This story was last updated at 10:05 a.m. July 28.

There will be a $3.50 increase in the monthly trash fee, and more money—$260,000—will be reserved for capital projects such as buildings and schools, while city officials are not expected to change the new property tax rate provided by the state after five-year reappraisals completed this year.

The trash fee will increase from $7 to $10.50 per month. That change is expected to provide another $335,000 per year in revenue.

The new tax rate—state officials call it a tax-neutral rate—is $2.52 per $100 of assessed value. It was approved in the first of two readings by the Oak Ridge City Council during a three-hour special meeting on Monday. The second reading hasn’t been scheduled yet, but the meeting is expected soon. [Read more…]

Oak Ridge may not increase tax rate above reappraisal change

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Oak Ridge City Council 2014

The Oak Ridge City Council is pictured above in 2014. (Photo courtesy City of Oak Ridge)

 

Property tax rates are already expected to go up in local cities and counties because of an unprecedented drop in property assessments.

And additional increases have been approved or are anticipated in budgets that have already passed in Anderson County, Clinton, Oliver Springs, Roane County, and Rocky Top.

Oak Ridge could be the exception. The city could see an increase in the certified tax rate (state officials call it a tax-neutral rate) from $2.39 per $100 of assessed value to $2.52.

So far, no Oak Ridge City Council members have publicly endorsed raising taxes beyond the change in the tax-neutral rate required by the five-year reappraisals completed this year.

Four City Council members, a majority of the seven-member body, said during a budget work session on Tuesday that they will support the $2.52 tax-neutral rate or that it’s important to stay at that rate for now, until they have more information. [Read more…]

Pre-demolition activities under way, environmental firm working at future Main Street Oak Ridge

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Environmental Abatement Inc. Pickup Trucks

Pre-demolition work at the Oak Ridge City Center, the former Oak Ridge Mall, was scheduled to start late last week or early this week, and environmental remediation trucks were on the 60-acre site on Monday, July 13, 2015. The trucks above are from Environmental Abatement Inc., a structural, demolition, and environmental contractor. (Photo by John Huotari/Oak Ridge Today)

 

Pre-demolition work at the Oak Ridge City Center, the former Oak Ridge Mall, was scheduled to start late last week or early this week, and environmental remediation trucks have been at the 60-acre site this week, starting Monday.

Plans call for redeveloping the former mall as Main Street Oak Ridge, 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.

The trucks that have been at the mall site this week are from Environmental Abatement Inc., a structural, demolition, and environmental contractor. There has also been an asbestos waste container at the site.

A project representative said that Crosland Southeast, the company that has proposed the $80 million project, is working on pre-demolition activities and reviewing bids. The pre-demolition work includes asbestos abatement, and earlier this month, the representative said that the company hopes that that work will take place within a month. [Read more…]

Today’s Planning Commission meeting on Main Street Oak Ridge to be rescheduled

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There will not be an Oak Ridge Municipal Planning Commission work session on Main Street Oak Ridge today (Thursday, July 9).

The city staff said the meeting will be rescheduled to a date to be determined later in July.

Main Street Oak Ridge is the $80 million, 60-acre project to redevelop the former Oak Ridge Mall. [Read more…]

Six employers pledge $500,000 for Main Street Oak Ridge infrastructure

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Warren Gooch

Warren Gooch

Six Oak Ridge employers have pledged $500,000 to support public infrastructure at Main Street Oak Ridge, the $80 million redevelopment of the former Oak Ridge Mall.

Officials said it shows unprecedented community support for the project.

The six companies are Methodist Medical Center; Oak Ridge Associated Universities; UCOR, a federal cleanup contractor; Restoration Services Inc., a cleanup contractor; Consolidated Nuclear Security, which manages and operates Y-12 National Security Complex; and UT-Battelle, which operates and manages Oak Ridge National Laboratory.

“All Oak Ridgers realize the successful development of the Main Street town center project is of critical importance not only to the citizens of the City of Oak Ridge and the business community but to the region in general,” Oak Ridge Mayor Warren Gooch said. “We appreciate these great corporate citizens stepping up the plate to help make Main Street Oak Ridge a reality.”

Tim Sittema

Tim Sittema

Project executives said critical final decisions are being made on the ramp-up to the project.

The relocation and reconstruction of public infrastructure such as Wilson Street and the two Main Streets are key elements of the project and the Oak Ridge City Council and the Industrial Development Board have pledged $1.5 million toward these improvements. According to the city’s consultants, costs will exceed this amount, so the corporate pledges are a welcomed addition to the development’s financial backing, a press release said.

[Read more…]

Site plan submitted for Main Street Oak Ridge

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Main Street Oak Ridge James Downs

James Downs, Crosland Southeast partner, gave an update on the Main Street Oak Ridge project, the redevelopment of the former Oak Ridge Mall, during a March work session. (File photo)

 

Note: This story was last updated at 9 a.m. July 2.

A site plan was submitted on Monday for Main Street Oak Ridge, an official said. Main Street Oak Ridge is the eagerly anticipated $80 million project to redevelop the former Oak Ridge Mall.

The site plan is under review by the Oak Ridge city staff and could be discussed during an Oak Ridge Municipal Planning Commission work session on July 9 and during a regular meeting on July 16.

A site plan is an engineered construction drawing that includes the layout of buildings and parking, utility plans, traffic and pedestrian circulation, and stormwater management, said Kathryn Baldwin, Oak Ridge Community Development director. There would still be building plans for the construction of each building at the 60-acre site. [Read more…]

Construction on ORNL FCU branch on Rutgers could start this month

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ORNL FCU Colin Anderson and Marcy Catron

Colin Anderson, ORNL Federal Credit Union senior vice president and chief financial officer, discusses the new Oak Ridge branch on South Rutgers Avenue during a groundbreaking ceremony on Tuesday. Also pictured is board chair Marcy Catron.

 

Construction could start this month on an ORNL Federal Credit Union branch on South Rutgers Avenue, and the building could be complete by the end of the year, officials said.

The new branch will at the same site as the original main Oak Ridge branch. The branch will move from its current location next door at the ORNL Federal Credit Union headquarters building, which is also on Rutgers Avenue.

The estimated cost of the 5,000-square-foot branch at 215 South Rutgers Avenue is $4.5 million. Some materials from the original office will be used in the new building.

“This branch represents a multi-million-dollar vote of confidence in Oak Ridge,” said acting chief executive officer Colin Anderson, ORNL FCU senior vice president and chief financial officer. [Read more…]

Gooch: Main Street No. 1 priority, gives updates on National Park, reappraisals, airport

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Main Street Oak Ridge Site Plan April 16, 2015

Oak Ridge Mayor Warren Gooch on Tuesday said his number one priority for the community is the successful development of Main Street Oak Ridge, which would redevelop the former Oak Ridge Mall. Pictured above is a cropped picture of the Main Street Oak Ridge site plan as of April 16. A link to a larger PDF version of the plan is included in the story below.

 

Note: Oak Ridge Mayor Warren Gooch gave an update on positive developments and challenges during a talk to the League of Women Voters of Oak Ridge on Tuesday, May 5. Here is a lightly edited version of his remarks, which organized the positive developments and challenges into sections. Gooch was appointed mayor by the seven-member Oak Ridge City Council on November 24. This is his first four-year term on the City Council.

It is a distinct privilege for me to serve as your mayor, but I always preface my remarks by saying that I am not speaking today for Council or for the city manager. I have one vote on Council, but I do consider myself to be the chairman of the board of directors for the city.

In that capacity, as I enter my sixth month of service as mayor, I want to share my thoughts about positive developments in our city, discuss near-term challenges that we face, share the results that I have from the community survey that I have been conducting, and leave time for your questions and comments.

First. My number one priority for our community is the successful development of Main Street Oak Ridge (which would redevelop the former Oak Ridge Mall), and it is moving forward. Last week, Crosland Southeast announced that MDC Development Group of Atlanta will be the hotel developer for the project. MDC is also a major developer in the senior housing industry and 15 months ago opened Canterfield Oak Ridge Assisted Living. It has been very successful and well-received in our community.

I was advised yesterday (Monday, May 4) that the retail leasing component of the Main Street project is moving forward, as are the negotiations with a developer for the multi-family housing component of the Main Street project. Groundbreaking and demolition for Main Street is on schedule to begin by June 30. [Read more…]