A Donut Palace will be built where Price Florist used to be, a development company said Thursday.

Redevelopment work is starting, and The Donut Palace of Oak Ridge could open in the first quarter of 2015, said Cappiello Real Estate and Development Company.

The company said The Donut Palace is a regional chain that is primarily located in Texas and the Midwest.

“The Donut Palace is an artisan bakery featuring handmade apple fritters, muffins, cookies, brownies, pastries, and of course, doughnuts,” Cappiello Real Estate and Development Company said. “Each pastry is prepared daily and made fresh for the customers. Along with the baked goods, they will offer coffee, drinks, and artisan sandwiches.” [Read more…]