Clemmons Town Center

With all the turmoil in today's credit markets I was wondering if there's going to be a delay in the development of Clemmons Town Center, the new mall that's planned for the area between Lewisville-Clemmons Road, Harper Road, Peacehaven Road and I-40 in Clemmons.  I don't have an answer to that question, but when I searched the name of the developer, Hill Partners, Inc. of Charlotte, I found a link to an article in a trade magazine called Shopping Center Business.  The article, which appeared in November, 2008, says that Hill Partners expects to open the project in late 2010 and that they are working with Novant on a master plan since the land that Novant purchased for its Clemmons hospital is adjacent to the mall property.

I wouldn't be surprised if the development is delayed for a while given the credit environment, but now that Novant's gotten the preliminary approval for the hospital from the state of North Carolina I think the odds of both the hospital and the mall actually being built have risen dramatically in the last month.

One interesting piece of info I learned: Hill Partners is also managing The Old Post Office Pavilion in DC.  I always liked that development so it gives me encouragement that the Clemmons Town Center might turn out okay.  As for traffic…
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One thought on “Clemmons Town Center

  1. Brian Leon

    As for traffic… it is going to be a beast. Over on Winston-Salem Skyscraper forum [http://winstonsalemskyscrapers.com/forum/index.php] where I hang out with like minded people who talk about development in Winston-Salem among other things, we discussed this development pretty extensively when it was first kicked around. No matter how well the development was planned out, traffic was going to be a problem. Even now, I avoid Lewisville-Clemmons road whenever I am in the area. Just too much development along that road. It almost needs a ring road of its own just that people who do not need to shop in the area can bypass the congestion. The problem is made worse by the fact that it is located right on the ramps to I-40. Rush hour pressure will be tremendous. Seriously, they should move it a mile down the interstate and give its own ramp.

    Reply

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