New retail development announced for Crossville
City says $50 million project will add 180,000-square-foot retail center near Buc-ee’s
What This Story Is About
- The City of Crossville announced a new $50 million, 180,000-square-foot retail development planned directly across from Buc-ee’s, funded in part through sales tax increment financing.
Why It Matters
- The city said more details about the retailers and a development timeline will be announced as plans are finalized.
CROSSVILLE, Tenn. — A large new retail development is planned directly across from Buc-ee’s, according to a City of Crossville Facebook post.
The city said the project will include a 180,000-square-foot retail center, a new road providing access into the development, and a $50 million investment creating 200 jobs.
The city said the development will use sales tax financing to fund infrastructure needed to support the project. According to the post, new commercial activity generated by the project will help produce the revenue used to support that infrastructure.
The city said the project will expand Crossville’s retail and sales-tax base.
The city said nationally recognized tenants will include Aldi, Hobby Lobby, Marshalls and Burlington. According to the post, more details about the retailers and development timeline will be announced as plans are finalized.
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