Property Description

Pigeon River Crossings (formerly Belz Outlet Mall) is a 390,248 sf retail center spanning 3 buildings on a prominent section of Teaster Lane, just one block off of Hwy 441 (Parkway) at the intersection of Wears Valley Rd. Teaster Lane is a major road that parallels the Parkway and provides easy access to/from Dollywood via Veteran' s Pkwy. The property was originally constructed in 1989 and the current configuration includes: o Annex 1 152,134 sf big box strip anchored by Old Time Pottery o Annex 2 52,626 sf strip located across Teaster Lane with many conventional and outlet tenants such as Nike, rue21, Dress Barn, Rack Room Shoes, Easy Spirit, Lane Bryant, GH Bass, etc. o Main Mall 185,488 sq. ft. of GLA (223,000+ sf total) in the only enclosed mall in the region. The main focus of this project will consist of redeveloping the mall into a more conventional big-box strip center to take advantage of the excellent location and infrastructure already in place. The mall was a regional destination when it opened and for many years after, but recently it has reached a level of functional obsolescence that requires a total different approach to revitalize the property.