For example, on one side of the interchange is the year-old, 1.2million-sf Concord Mills, which continues to add retail space. Anearby 300,000 shopping center is expected to have its first tenantearly next year.
Market Place, the Mills Corp.'s shopping center acrossInterstate 85 from the mall, is adding 108,000 sf of retail. Millsbought the land from Tanger Outlet Center Inc. in 1998 for $5million after Tanger canceled plans for the site.
Across Concord Mills Boulevard, Merchant Resource Realty Inc. isplanning a 40,000-sf shopping center. The developer has submittedplans for three buildings. Adding further density to the area, itappears Concord has made a deal for a $40-million, 80,000-sfconvention center that will include a 300-room hotel.
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