University Commons will be the first urban, vertical retail structure in Knoxville, Tennessee. It will be located on the property of the former Fulton Bellows & Components plant, just off Kingston Pike. Located in the heart of Knoxville, and just minutes from the central business district, University Commons will be within walking distance of the UT campus.
This one-of-a-kind retail center will be home to two of the most recognizable and financially secure grocery/retail brands in the country: Publix and Walmart. With both tenants signing 20-year leases, the development will maintain a very financially stable core. Along with these long-term anchor leases, University Commons will include approximately 40,000 square feet of retail shops with shorter leases.
Not only will University Commons provide grocery/retail shopping to an area truly lacking these basic conveniences, but it will do so in a way that is environmentally responsible. In addition to cleaning up the long-standing brownfield on which it's located, an ecologically-friendly stormwater management system will help remove suspended solids, oil and grease from parking areas.