JEFFERSONVILLE, Ind. (WDRB) -- It's a $35 million development that city officials say would be a huge addition to the Jeffersonville side of Veterans Parkway.
There's a lot of activity on Veteran's Parkway in Jeffersonville these days.
"Our side has lagged behind the Clarksville side and now we're starting to see some action over here," said Jeffersonville Planning Director Shane Corbin.
With restaurants, a gas station and Menards serving as the anchor store, things are looking up for the area that was once starving for business.
Just across the street, there are just a few local businesses are holding down the fort.
But that could soon change.
"There will be dozens of new stores," Corbin said.
GBT Realty Corporation, a Tennessee based development firm, announced plans to complete Phase II of the Jeffersonville Town Center.
It plans to bring in several anchor stores, restaurants and smaller shops.
GBT is under contract to purchase the 25 acres of land, but hasn't yet filed plans to the city.
However, the group has a long resume in developing shopping centers in Kentuckiana, including Jefferson Commons, Middletown Commons and Woodland Commons.
GBT won't name any stores but says negotiations for several stores are in the works.
It expects 90 percent of the center to be pre-leased by December, which could mean big dollar signs for the city.
“A lot of people from Jeffersonville leave our community to shop at Clarksville,” Corbin explained. “So we'll be able to keep them here and keep our tax dollars inside of Jeff.”
GBT expects the center to be complete by Spring 2017.
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