The first phase, expected to be completed in the fall, will serve as a gateway to a master development called Town Creek. When built out, the Town Creek project will have at least five components: the Market at Town Creek, a medical facility, a residential mixed-use community, a commercial property and a big-box development.
Roswell, GA-based Mimms Enterprises, the developer of the Market at Town Creek, negotiated the lease with Food City. Mimms is working with John Forster, of the Nashville-based Shopping Center Group, and Keith Widmer, of Knoxville-based First Commercial, to lease the remainder of the space at the shopping center. Local retailers, a national soft goods retailer, a national office supply retailer and a national pet retailer are being targeting.
"We are looking to add a unique blend of national, regional and local retail tenants," says Mimms Enterprises director of marketing Brad Shoemaker. "People will have the conveniences of a big city in a small town setting."
Abingdon, VA-based K-VA-T Food Stores, the company that operates Food City, has 96 retail food outlets throughout the tri-state regions of Southeast Kentucky, Southwest Virginia and Northeast Tennessee.
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