RichmondCentre also will have two hotels on 15.5 acres and 60,000sf of office, says Charles Thrift, senior leasing associate forCrosland. The development is going up at the interstate's junctionwith Barns Mill Road.

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T.J. Maxx has preleased 25,000 sf. Hastings Entertainment took22,500 sf for its store, which sells new and used CDs, books,videos and video games. Dawahares, a clothing chain with 25 storesin Kentucky, Tennessee and West Virginia, preleased 15,000 sf. Theterms of the leases were not disclosed, but Thrift says "we wouldnot do an anchor lease for less than 10 years."

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Thrift tells GlobeSt.com that Richmond Centre is now 79%preleased. Quoted rates range from $22 per sf to $26 per sf net forboutique store space and $12 per sf to $15 per sf net for largerspaces, he says.

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Belk and Cinemark also have preleased space. Meijer grocery,JCPenney and Home Depot bought sites to develop. The firstretailers are expected to open in October, according to Thrift.

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Thrift says the closest shopping centers are Lexington, KY andKnoxville, TN. "It is the largest regional shopping center underconstruction in Kentucky right now," he says. "The size creates adraw that really creates its own trade area."

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