Thanks to Andria for the following question:
“My question is in regards to the property at the corner of Concord and S.Cobb where Bones, Freds, and the Wachovia Drive though is located.
I have noticed recently that one of the Wachovia ATMS is gone, the 24hr fitness has closed and several other stores have closed.
Needless to say, I think this shopping center is an eye sore, but I wanted to know if you have heard any rumblings as to if anything is going in its place or its future.”
The answer is that there is still no answer yet, at least nothing definitive, but thankfully the new owners are evaluating the options with the property. Tri-Land Properties out of Chicago purchased the property along with several outparcels in front of the shopping center in December of 2006.
There have been many rumors floating around about possible redevelopment and the company representatives have met with the city of Smyrna on a couple concept plans. I do know that some concept plans included a national chain grocery store of about 110,000 square feet with a similar size secondary anchor tenant (specializing in home improvement retail) on another site plan. The City has also asked the developer to explore the possibility of a mixed-use or residential component on the site as well.
I did speak with a company representative of Tri-Land Properties today and they are very tight-lipped on the project at this current time. They are working on different scenarios, but do not want to commit to a specific date at which a decision will be made on any possible redevelopment.
I think everyone here in Smyrna will agree that the redevelopment of this parcel of land is greatly anticipated and will excite everyone tired of these blighted propertes at the Four Corners. Hopefully, the redevelopment of one corner will lead to redevelopment of the other corners as well. I will certainly keep everyone updated as I learn more about this property.