"The Lake District" Mixed-Use Development
...A 160+ acre development
About The Lake District
The Lake District will be an upscale 160+ acre mixed-use community surrounding a 10-acre lake and waterways in Lakeland just outside of Memphis. Designed as a walkable village, The Lake District will have water features threaded throughout its five districts: Inline Retail District, Main Street District (curated retail, chef-driven restaurants and cafes), Hotel District (two hotels, one with lake view), Pad Sites and Office District (75,000 square feet of office space with lake views), and the Residential District (age-restricted living, Downtown-style lofts and custom single family homes). Phase 1 schedule of delivery of space for tenant build out is fall of 2020, with businesses opening for the 2020 holidays.
February 27, 2019: Frida’s Restaurante Mexicano coming to the waterfront
Previously announced for TLD are The Stock Market, a unique-to-Lakeland grocery, along with Gould’s Salon and Spa, Osaka Japanese Restaurant, Starbucks, Malco Theatres, Gloss Nail Bar, Brick House Fitness, Mojito’s Latin Restaurant, Crave Bistro, Crave Sweets and Hollywood Feed.
February 20, 2020: Funding For Lake District Officially Secured
January 15, 2019: Site prep continues at TLD – Mud, rain having an impact on schedule
November 1, 2018: Six new retailers at TLD – 100K+ square feet of retail now committed
October 29, 2018: The Lake District takes large step forward with $7.1M deal
June 7, 2018: Malco Theater, Gould’s Salon and Spa, residential homes, & more
August 2, 2018: It’s Official – The Lake District owns all the land for development
March 1, 2018: Final Wall Comes Crashing Down at TLD Site
January 6, 2018: Remember Old Time Pottery? (now demolished)
December 21, 2017: Demo on Main Mall Building Started Today
November 16, 2017: Outlet Mall Annex Demolition Completed
November 8, 2017: Outlet Mall Annex Demolition Shows Progress
October 6, 2017: Demolition date announced
October 16, 2017: Site plan (revised)
September 23, 2017: Lake District Back On Track?
August 18, 2017:
August 17, 2017:
April 5, 2017: Resolution requesting a one-year extension of the TIF
Industrial Development Board/Lakeland Development Corporation Meeting (Monday, Oct. 24th, 5:30 pm)
...Board of Commissioners meeting to follow this special-called meeting to discuss TIF application and Economic Impact Plan (incl. The Lake District TIF application).
Lake District TIF application (PDF)
Tax Increment Financing Information (PDF) (Powerpoint doc from TN Comptroller of the Treasury)
Industrial Development Board’s Tax Increment Financing Program (PDF)
On April 6th, 2016, California-based developer Gilad Development and local design firm A2H recently revealed exciting plans for The Lake District, a 160+ acre mixed-use development at the site of the
former Lakeland Factory Outlet Mall off Interstate-40 and Canada Road.
This is exciting news for a project that experienced delays due to the downturned economy, etc. Now, Lakeland can look forward to a
town center and the added tax revenues that will supports our schools, parks and rec, and more!
The Lakeland District will have a huge impact on the city, said Lakeland City Manager Jim Atkinson.
It will be, by far, the largest development that Lakeland has seen with 160-plus acres of high-scale residential and commercial development.
Atkinson explains that it’s not a 20-year phase project. The plan is to take it all down at one time. It’s all going to be done in one phase. They start the formal process tonight of approval by the city.
There will be retail stores - big-box suburban style but there’s also going to be a town center component which I think is the most interesting part of the plan, adds Atkinson.
It’s kind of a main street with smaller stores, and pedestrian scale, with a performing arts center in that area. There will be restaurants and board walks out near the lake, bridges that crossover the lake, paddle boat activities, and imagine the restaurant patio looking right over the lakeside. That will be a nice amenity. That side of the lake is real interesting.
The other side of the lake is a residential component with townhomes, assisted living, manor homes – a good mix of higher density type residential, all the way back to Monroe Road. Then there will be a large natural area preserve on the south edge to buffer neighboring properties.
Conceptual plans feature a combination of uses such as luxury retail stores, two hotels, restaurants, a farmer’s market, office spaces, residences, green space including parks and an untouched preserve area, and more.
There’s truly nothing like it locally, not at this scale. It is more of a Harbor Town feel but way more commercial with a town center. It’s hard to get all that into one project, Atkinson said.
Truly something to look forward to...a game changer for Lakeland, TN!
Revised Site Plan, 10/16:
Previous Site Plans (next two images):