The Herald Banner, Greenville, TX

April 15, 2014

Start of mall project getting closer

Herald-Banner Staff

GREENVILLE — Something new has been added to the property on which rests Crossroads Mall in Greenville, but it is not another store or restaurant.

Instead it is a trailer set up by Leetex Construction in anticipation of the upcoming project to transform the mall into the Crossroads Center, a new shopping facility which will feature the addition of several major retailers, with the work to begin in the next few weeks.

“I believe it will be by the end of this month,” said Leetex Vice President/Director of Preconstruction Guy Gordon. “We’re haggling over the last little bit of the construction contract and then we’ll be ready to go.”

Gordon said the first order of business would be to secure the property and insure the project can be handled safely.

“Then we’ll start the demolition at the front of the mall,” he said.

Officials with the mall could not be reached Monday, concerning plans for how the work will affect shopping and also whether the time capsule buried on the site when it opened more than 30 years ago will be retrieved.

In March 2012 city officials entered into an agreement with Triyar/Crossroads Greenville Properties for the redevelopment of the property. The city would receive a portion of the increased sales taxes generated by the redevelopment of the mall, splitting the increase with the mall’s owners.

Under the terms of the agreement, Triyar/Crossroads intends to invest approximately $11 million on the transformation.

Mall anchors Staples, Belk and JC Penney will remain at their current locations, while Beall’s and Hibbett Sports will be relocated into newly created spaces, with the remainder of the leasable area occupied by retailers new to the project.

Tenants which have been confirmed for the center include Marshalls, Ross, Petco, Encore Shoes and Rue 21. A separate building on the property will be leased to Mattress Firm and Great Clips. Marshalls and Ross have already placed signs at the mall, advertising they are coming soon.

“Overall, it will take about eight to nine months, maybe a little longer,” Gordon said of the effort, noting that constructing the separate building may be what stretches the completion time. “And then we also have the landscaping and the other items to take care of.”