Business & Tech
Report: Three Tenants Confirmed for Laurel Towne Centre
Regal Cinemas, Harris Teeter and Burlington Coat Factory have all been confirmed as tenants, reports the Gazette.
Regal Cinemas and Harris Teeter will join Burlington Coat Factory at the new Towne Centre at Laurel, which is expected to open in May 2014, reports the Gazette.
The $200 million development project, which broke ground in August 2012, will have 400,000 square feet of retail space and is expected to bring 1,000 to 1,500 new jobs to the area, city officials told the Gazette.
Although only three tenants have signed on to the project, residents and city officials have expressed enthusiasm about the development. According to the Gazette, earlier this month the Laurel City Council said the city would issue up to $15.5 in million tax increment financing (TIF) bonds to help fund infrastructure improvements related to the project.
Read the full story on the Gazette.
What other stores would you like to see open in the Towne Centre at Laurel? Tell Patch in the Comments.
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