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Still have concerns about the ability to fill Fenton and CTC simultaneously...could be synergistic or could be a glut of space that results in lower-quality tenants or delayed buildouts.
CTC has wisely minimized the amount of retail they're obligated to build -- such that their minimum retail square footage is less than the existing Belk. That's a huge shift from CBL, which had a mall developer mentality and insisted on replacing the retail square footage on its site one for one, even though there's approximately zero retailers left who wouldn't prefer to be at either Crossroads (etc.) or Fenton.
Plans for some minor upfit alterations of the Sams-Jones house were approved last week, and along with them come some details. It will be called Michael's, and here's the proposed menu...unsurprisingly, it will not be cheap, with small plates in the $11-$15 range and most entrees in the $25-$35 range:
...was hoping for some bargain take-out, to carry across the street to the park!
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