Kingsport gives green light to Starbucks, Panera
Reedy Creek Terrace is a proposed 40,000 sf specialty shopping center located on
The developer identified the initial anchor tenants as Starbucks, Panera and FedEx/Kinko’s.
The center is projected to generate at least $8,000,000 in annual retail sales with a property value of at least $5.1 million.
Last night, the Kingsport Board of Mayor and Aldermen agreed to reimburse the developer up to $200,000 for a traffic signal if he meets certain performance criteria (which includes specifically landing Starbucks and Panera/St. Louis Bread Company and investing $4,000,000 in property improvements).
The center is projected to open in Spring 2007.
For leasing information, contact Ball Realty at 423.626.9393.
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posted by Jeff Fleming @ 7:19 AM
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