Re: 5/26 Tuscana, Quail Springs Ranch, Outlet Shoppes Update
Originally Posted by
Patrick
I actually heard a report today that ponds may be put in, but that the owner of the development may be considering selling the land to homedevelopers, since the retail market may not recover for some time. With Quail Springs Mall nearby, as well as strip malls surrounding the area, the place would be hard to sell now as a retail development. The current owner is considering a mix of office and home development instead of retail, so the concept of upscale retail being included may be forever off the table. Also, and IMAX development has been tabled. So, it looks like this land may be put to other uses, as the owner is looking for a quicker return.
I just confirmed with RCL Development last week via phone that the Tuscana project is on track and has not been scaled back or altered in any way.
Continue the Renaissance!!!
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