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 updated at 12:35 p.m.
During a special meeting Tuesday, the Oak Ridge City Council will consider amending the economic impact plan for the redevelopment of the former Oak Ridge Mall. The change is being considered primarily because the master developer has changed.
The amendment to the economic impact plan, which also includes a date change, will be considered a day earlier, on Monday, October 19, by the Oak Ridge Industrial Development Board and Anderson County Commission.
The Industrial Development Board has a public hearing and special meeting on the $13 million tax increment financing, or TIF, for the redevelopment and an amendment to the economic impact plan at 3:45 p.m. Monday, October 19, in the Oak Ridge Municipal Building Training Room. The County Commission is expected to consider the amendment in a meeting that starts at 6:30 p.m. Monday in Room 312 of the Anderson County Courthouse in Clinton. [Read more…]
