Thursday, February 16, 2006
goes forward at Holly Springs Commons
Foundations are being poured. Curb work is underway. The new Holly Springs Commons is taking shape.
The road into the first 16 acres of commercial development, located adjacent to highways 7 and 78, should be paved sometime within the next two weeks.
For the time being, the road will service just Phase I, said Lance Forsdick Jr., the managing partner of Kenlan Development in Memphis, Tenn. Then the plan is to continue the road in a westerly direction, eventually connecting to Peyton Road and West Boundary.
Phase I will include AutoZone and Wendys, plus an additional fast food restaurant is under contract for an out parcel, Forsdick said.
AutoZone is set to begin construction on or about March 1. It will be on the north side of the new road into the property, with frontage on Highway 7.
A new 35,000 square foot shopping center, already under construction, will be located to the west of the new Auto Zone.
Proposed tenants for the new shopping center include a Mexican restaurant, a Chinese restaurant, a rental center, a dollar store and a liquor store, Forsdick said.
A target date for opening of the AutoZone and the shopping center is July 1.
Wendys will be on the south side of the new road into the development. The additional, still unnamed fast food restaurant will be adjacent to Wendys.
The timing of the rain has cost us about 30 days, Forsdick said.
Were moving along. The city has been great to work with, and the engineers have been great to work with.
Holly Springs Commons will eventually grow to 200 acres.
Kenlan Development is in charge of the plan for the first 16 acres, and the balance of the property is being planned by the Kenneth Farrell Company of Memphis.
Phase II will include a medical office park and additional retail.
Phases III and IV will be basically residential, Forsdick said.
Kenlan is also developing a site in Oxford, which is ahead of the one in Holly Springs. Other developments are in Tupelo, Columbus and Marion, Ark.
We like this location (in Holly Springs just off Future I-22), Forsdick said, and we wanted to be in on the early stages of the growth here.
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