Leading Power Center Developer Coming to Town Creek
REDBUD Construction Services provides Project Management services to the Tetra Companies for their Town Creek Center development, and they have issued a new press release today.
Lenoir City, TN Project Accelerated With Addition of Renowned Retail Developer
LENOIR CITY, TN, September 10, 2008: The Tetra Companies-a leading real estate development and management company in the Southeast & Mid-Atlantic-today announced that a nationally recognized big box developer has contracted to develop the 88+ acre Power Center component of its 267 acre Town Creek Center development in Lenoir City, Tennessee. The Power Center Developer will announce its plan for the project upon conclusion of negotiations with key anchor tenants.
The Power Center will complement the other components of Town Creek Center which include a home improvement retail center, medical office park, multifamily community, active senior community and neighborhood commercial. The first phase of Town Creek will be open in 2009 with completion of the entire project anticipated in 2013.
Michael McNally, principal & co-founder for The Tetra Companies, said,
“We looked long and hard at a great many developers to work with on the Power Center component of Town Creek and had identified this specific player for this project. We are very pleased with the development team we have in place.”
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