With all the turmoil in today's credit markets I was wondering if there's going to be a delay in the development of Clemmons Town Center, the new mall that's planned for the area between Lewisville-Clemmons Road, Harper Road, Peacehaven Road and I-40 in Clemmons. I don't have an answer to that question, but when I searched the name of the developer, Hill Partners, Inc. of Charlotte, I found a link to an article in a trade magazine called Shopping Center Business. The article, which appeared in November, 2008, says that Hill Partners expects to open the project in late 2010 and that they are working with Novant on a master plan since the land that Novant purchased for its Clemmons hospital is adjacent to the mall property.
I wouldn't be surprised if the development is delayed for a while given the credit environment, but now that Novant's gotten the preliminary approval for the hospital from the state of North Carolina I think the odds of both the hospital and the mall actually being built have risen dramatically in the last month.