The Crossings at Four Corners redevelopment gets zoning and financing nod
Smyrna, Ga. -- Westchester, Ill.-based Tri-Land Properties announced that it has received zoning and financing approval for The Crossings at Four Corners in Smyrna, Ga. Tri-Land has sold eight acres of the project to Cincinnati, Ohio-based Kroger Co.
Cole Taylor, a Chicago based lender, is providing the construction financing for the project.
The Kroger Co. will build a 96,000-sq.-ft. supermarket, the company’s largest grocery store in the Atlanta market. The Crossings at Four Corners Kroger location is replacing an outdated, 42,000-sq.-ft., 40- year-old store located across the street.
Kroger at The Crossings at Four Corners will offer a fuel station, bakery and deli products, a floral department, a wine shop and drive-thru pharmacy.
In addition to the new Kroger, the redevelopment will include the installation of a traffic light at the northwest corner of South Cobb Drive and Concord Road, the renovation of 60,000 sq. ft. of retail space and the development of eight outparcels available for development.
Currently 153,000 sq. ft., the completed center will expand to 230,000 sq. ft.
Construction is scheduled to begin in January 2011 and is slated for a Mid-November 2011 construction completion and Kroger opening.