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Friday, July 02, 2010

Kingsport Town Center Update

April/May/June 2010

• KTC has 27 stores with a positive sales gain YTD. A store in each category fits in this group.
• Marquee Cinema had a positive sales gain for their 13th consecutive month.
• Belk reported a 12% increase in sales in April with the remerchandising of their store. This is total stores sales 2010 versus total store sales 2009.
• Kaffe Blue’s projected opening is July 2
• We have started signing holiday tenants.
• Hibbett Sports, Kirkland’s, and Lyn’s Hallmark have signed renewals.

Upcoming Events scheduled for July:

• Joseph Rogers Primary and St. Clair Elementary and Mooresburg Elementary Art Exhibit through 9/30
• FREE Summer Movies for Kids at Marquee Cinemas every Tuesday and Wednesday through 7/21/10
• Fun Fest Store open – upper level across from Italian Village through 7/23 10
• Hawaiian Hula Dance Workshop and Open House at Sally’s Treasures – 7/1/10
• Fun Fest Kid’s Fest – 7/17/10
• America’s Best Beauty Pageant & Model Search – 7/17/10
• Fun Fest Treasure Trackers Medallion Search - 7/19/10 – 7/23/10
• Fun Fest Guitar Hero Video Game Tournament – 7/20/10 – 7/21/10
Fun Fest Treasure Trackers Grand Prize Giveaway – 7/24/10
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Location, Location, Location

Location, Location, Location
www.MoveToKingsport.com is located on the Tennessee-Virginia border at the crossroads of I-81 and I-26 near the geographic center of the Eastern U.S. This city of 50,000 in a metro of 308,000, was planned by renowned American planner John Nolen in his office at Harvard Square. Located in the lush green foothills of the Tennessee Valley, it is surrounded by the Southern Highlands and mountain lakes. Kingsport is home to Marriott’s www.MeadowViewResort.com and thousands of acres of unique, natural amenities at Bays Mountain and Warriors Path Parks. The natural geography provides a temperate, well-balanced climate with four seasons and a natural shelter from extreme weather. Population growth has also been well-balanced, ensuring you will not outgrow your decision to relocate. With no personal property taxes, special assessments, or state income taxes on salaries/wages, you’ll find that Kingsport has a very low cost of living coupled with an exceptionally high quality of life (see for yourself at www.BestPlaces.net). The regional airport (TRI) has direct flights to Atlanta, Charlotte, Chicago, Detroit, Orlando and St. Pete/Clearwater with easy access, parking, and virtually no security lines. The public education system was planned by Columbia University and Newsweek has repeatedly recognized the local high school as one of the best in America. Year in and year out our graduates go on to the top colleges and universities (and without costly private school tuition fees). Harvard also recognized Kingsport in 2009 with the Innovations in American Government Award for its higher education initiative. What are you waiting for? It’s time to leave the high costs, traffic jams, and stress behind and discover this hidden gem.