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Construction starts on new Clarksville Commons shopping center

Construction starts on new Clarksville Commons shopping center

CLARKSVILLE, Tenn. (CLARKSVILLENOW)- Construction of the new Clarksville Commons shopping center has officially begun at the vacant Kmart property on Madison Street.

Rise Partners, an investment group that focuses on shopping centers, hosted a ground breaking on March 15, 2019. The 95,000 square foot shopping center will be divided into five new retail spaces.

Rumors have been flying about what businesses might be opening up shop in the new space. What would you like to see there? Let us know in the survey below (may take a few seconds to load):

“It’s [the Kmart space] going to be divided into five tenant spaces, all of which will be occupied by national retailers. We are 100% leased or committed on the former Kmart building,” Matt Phillips, a founding member of Rise Partners, said. “We have a 9,000 square foot building that is going to replace the former fuel station. We have made a lot progress talking to restaurants to sort of anchor that building. We do have available space in the out parcel next to the restaurant.”

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When asked what retailers would be moving into the space, Clarksville-Montgomery County Economic Development Council CEO Jeff Truitt said, “We’re really excited about new retail to come, and potentially a new eatery that may come to that area. We don’t know who they are yet. We are in an environment now where the retailers like to make those announcements themselves, but we are looking forward to hearing who comes into that facility.”

The redevelopment of the property has officially started and is scheduled to be completed in time for holiday shopping.

“We are looking forward to the improvements that come to that location,” Truitt said.

Those interested in leasing information are encouraged to contact Gary Shanks at The Shopping Center Group by calling 615-259-0200 or emailing gary.shanks@tscg.com.