Kroger Supercenter Planned for Forest Acres Mall Redevelopment
What happened
Construction has begun at the former Richland Mall site in Forest Acres. The redevelopment includes a new Kroger supercenter, a 380-apartment complex expected in 2028, and other retail spaces. Southeastern Development acquired the 32-acre property in early 2023.
From postandcourier.com
Why it matters
The project is expected to provide Forest Acres with more retail and restaurant options and a broader tax base. Southeastern Development also sold a six-acre parcel to the city to develop a park.
From postandcourier.com
Who's involved
- KrogerWill host a new supercenter as part of the overall property redevelopment.
- Forest AcresIs the city receiving the new retail options and broader tax base from the project.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- KrogerSpeculative
Might see increased sales and market share from the planned supercenter.
- Forest AcresSpeculative
Could see an increase in the local tax base and demand for retail services.
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The entities involved
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Kroger
American multinational retailing company