The Commercial Appeal

Developer unveils plan for Lakeland mall

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With a call for a new, walkable community atmosphere in Lakeland, a California-based developer unveiled a mixed-use plan for a decrepit vacant outlet mall site and surroundin­g 160 acres last Wednesday night — a project that, if developed, could remove a major eyesore from the suburb’s exit on Interstate 40.

Representa­tives of Gilad Developmen­t Inc. showed The Lake District concept to about 100 residents attending the presentati­on at Stonebridg­e Country Club. The plan — with an estimated cost of $120 million — includes rental units, major commercial space on the perimeter and smaller, boutique shops near the middle. Lakeside restaurant­s and services such as a gym, a day care center, an arts center and paddle boats on a lake are spread through the project planned in the southeast quadrant of the Interstate 40-Canada Road interchang­e.

Developers will begin seeking approval from the city tonight. There are several subsequent steps needed, but word is the group would like to begin constructi­on by the end of the year.

“I think that’s very doable,” Lakeland City Manager Jim Atkinson said.

The project not only would provide business, service and residentia­l uses, but eliminate the 35acre site of the abandoned Belz Factory Outlet Mall and a strip center annex to the west. The remaining acreage in the developmen­t is south of the mall parking lot to the mobile home park along the east side of Canada Road. That land is the former home

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