Trademark's $60M Project Lands Three Anchors

FLOWOOD, MS-Trademark Property Co. has signed three anchor tenants for its mixed-use, 540,000-sf Market Street Flowood. JCPenney, Dick’s Sporting Goods and Bed Bath & Beyond are taking 174,016 sf in the $60-million project.

Construction began in the summer on the 45-acre site on the northeast corner of Lakeland Drive and Old Fannin Road. The initial phase consists of anchor stores facing Lakeland Drive as well as Cheddar’s Casual Cafe and Corner Bakery Cafe. Within two weeks, the Fort Worth-based developer plans to break ground on the next phase–more retail, roughly 100,000 sf of office space and a 120-room to 130-room hotel surrounded by green space and featuring a fountain. Terry Montesi, Trademark’s CEO, tells GlobeSt.com that the hotel operator has been selected and contract negotiations are under way.