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WEDNESDAY, JANUARY 17, 2007
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Target center in Decatur gets more mystery tenants

By Eric Fleischauer
eric@decaturdaily.com 340-2435

The dollars keep pouring into The Crossings of Decatur, but its developer remains mum on most of the tenants at the Target-anchored center scheduled to open in October.

Last week, the Decatur Building Department issued a permit for three shops with a combined construction estimate of $997,712. The application did not name the shops, and the developer isn't saying.

It did identify them as "in-line shops," meaning they are a part of the line of connected stores along the south edge of the development. Target is in the center of the in-line shops.

PetSmart, Ross Dress For Less and four other shops also are included in the in-line shops, according to plans on file with the Building Department.

Tracy Reidy, leasing administrator of Brentwood, Tenn.-based developer GBT Realty Corp., said her company hopes to release a complete list soon.

"We are under confidentiality clauses until such time as (the tenants) allow us to announce it," Reidy said.

"So, we will get you the information as soon as we possibly can."

GBT Realty has disclosed that tenants will include Target (without a grocery), PetSmart, Old Navy, Ross Dress For Less, Rack Room Shoes and rue21.

According to a Chamber of Commerce publication, the development also will include a Kohl's. Chamber officials would not immediately confirm this Tuesday.

Not identifying stores

Birmingham-based Brasfield and Gorrie, the general contractor for the development, has obtained building permits for several other structures as well, but without identifying the names of the stores.

So far, the Decatur Building Department has issued permits for construction estimated at $14.9 million.

Three more applications have been filed — including one for two buildings across the parking lot from the line of stores that includes Target — but valuations on those projects will not be made until the city issues the permits.

The developer has said previously that four planned outparcels could be leased to restaurants. GBT's Web site indicates that retail space and outparcels are still available for lease.

The largest permit, for demolition and grading of the entire site, was $5.8 million. The initial building permit for the Target was $5.2 million.

The contractor estimated the construction involved in the Ross store's initial permit at $1.1 million. The PetSmart estimate was $878,000, with Old Navy at $855,000.

The stores may seek additional permits before construction is complete.

The 250,000-square-foot, $50 million development will be at Alabama 67 and U.S. 31.

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