Watters Creekat Montgomery Farm.

Franklin, TN-based Southern Land Co. LLC has joined thedevelopment partnership, led by Trademark and backed by CoventryReal Estate Advisors of New York City and Cleveland-headquarteredDevelopers Diversified Realty. Further fanning the developmentfire, Ann Arbor, MI-based Borders Group Inc. plans to open a24,000-sf bi-level store in the 68-acre town center and StudioMovie Grill will plant an eight-screen, 1,300-seat prototype at thenorthern edge beside the proposed 135-key hotel.

Terry Montesi, CEO of the Fort Worth-based Trademark, tellsGlobeSt.com that ground will break in 30 to 45 days on two of thethree, as-yet un-branded residential structures. The mixed-usebuildings will have street-level retail and four floors ofresidential units. "We will start out with urban rentals, but weare keeping our options open for future condo conversion," hesays.