Second phase of Crossroads shopping center project in Meridian on indefinite hold
Published 7:30 pm Thursday, October 5, 2017
- Bill Graham / The Meridian StarThe second phase of the Crossroads shopping center in Meridian is on indefinite hold.
Phase II of the Meridian Crossroads shopping center project has been put on an indefinite hold.
Construction at the 12.95-acre site across from Krystal near Bonita Lakes was slated to begin later this year, but city leaders and the local business community are reviewing their options, City of Meridian Chief Administrative Officer Richie McAllister said.
“Our focus is shifting to the community as a whole,” McAllister said. “We are working with a variety of developers, including John Tampa with Ascent Hospitality, Andy Weiner with Rockstep Capital and multiple other developers on opportunities that have the best interest of our community in mind.
“The city of Meridian is growing, and that growth is methodical and well-planned — with the right people at the right time.”
McAllister would not comment about plans moving forward with the site.
Representatives with Charlotte-based Collett Capital, the project developer, could not be reached for comment. However, at a press conference in March, Collett Capital developer Wesley Walls said the development would bring more than 100 jobs to Meridian, but he was bound by confidentiality agreements not to disclose “what stores will be coming.”
Walls also said the project would generate nearly $450,000 in sales taxes, $150,000 in taxes to schools and more than $200,000 in ad valorem taxes.
Earlier this year, The Meridian Star reported that Collett replaced Atlanta’s RCG Ventures as the developer for the site. The $22 million expansion was initially scheduled to begin at the end of 2015, but there have been some setbacks.
According to a March 2016 report from The Star, the second phase was set to include more than 6,300 square feet of retail space and include Hobby Lobby, Dick’s Sporting Goods and Kirkland’s, along with a well-known home decor and crafts store, a cosmetics store and other small shops.
Former Planning Department Supervisor Randall Gaither said in the report that an interlocal agreement had been signed and sent to RCG, but the developers were “taking their time.”
In late 2016, a vague announcement was made that plans for the development were changing, which led to Collett taking the helm.