Five National Retailers Join Providence MarketPlace

Mt. Juliet, TN, Aug. 26, 2005 – Providence MarketPlace, the 103-acre retail component of the 1,000-acre Providence community in Mt.Juliet, has recently signed five national retailers to the area’s fast-growing lifestyle and entertainment center.  Among the new tenants is Dick’s Sporting Goods, making its initial entry into the greater Nashville area.  Additional stores will include T.J. Maxx/HomeGoods, Ross, Jo-Ann Fabric & Crafts and PETsMART.

"The addition of these tenants speaks to the quality of the Providence project and their confidence in the expanding Mt.Juliet community," said Charles Thrift, leasing associate with Crosland.  "These stores offer a breadth of shopping options not yet experienced in this area, giving residents added convenience and diversity."

Coming for the first time to the Nashville market, Dick’s Sporting Goods will occupy 45,000 square feet of space between Target and T.J. Maxx.  Dick’s will offer a full-line of sporting goods with a broad range of brand-name equipment, apparel and footwear in a specialty store environment.

Occupying 30,032 square feet, Ross Stores will offer in-season, name-brand and designer apparel, accessories, footwear and home fashions for the entire family at everyday savings of 20 to 60 percent off department and specialty store prices.

The largest off-price retailer in the nation, T.J. Maxx will offer family apparel, giftware, home fashions, women’s footwear and accessories.  Sharing the same 55,856-square-foot building with T.J. Maxx, HomeGoods will offer home fashions with a rapidly changing selection of home décor merchandise including furniture, giftware, rugs, bed and bath accessories, lamps and seasonal merchandise at great values.

The Jo-Ann Fabric & Crafts 35,000-square-foot store will offer a wide variety of competitively priced items including apparel and quilting fabrics, home décor, seasonal accents, floral, craft products and notions.  Jo-Ann’s strives to be the customer’s number one creative resource, not only with the latest high-quality products from around the world, but also by providing the ideas, inspiration and advice to help projects succeed.

The nation’s leading retail supplier of pet products and services, PETsMART will be located on the northeast corner of the property and occupy 23,000 square feet of retail space.  PETsMART offers exclusive products and will feature a pet styling salon, obedience education and shelter space for homeless pets.  Additionally, the company will provide high-quality, affordable veterinary care and an accompanying surgery center, complete with a pet pharmacy.

About Providence Marketplace

Providence MarketPlace is the 103-acre retail gateway to Providence, a 1,000-acre mixed-use, master-planned community in the eastern suburbs of Nashville, Tenn.  Located 10 miles east of NashvilleInternationalAirport in the town of Mt. Juliet, at Mt. Juliet Road and Belinda Parkway, Providence MarketPlace is easily accessible from I-40.

Designed as an open-air regional center with approximately 830,000 square feet of retail space, Providence MarketPlace will be the largest open-air center in Middle Tennessee, as well as the largest shopping center between Nashville and Knoxville.  Its design incorporates sidewalks and streetscapes with a "Main Street" ambience via extensive landscaping and decorative lighting.

Providence MarketPlace is a joint venture between two of the Southeast’s leading real estate firms: Carolina Holdings, based in Greenville, S.C., and Crosland, which recently acquired Nashville’s Armistead-Barkley and is based in Charlotte, N.C.  The companies are working closely with CPS Land of Nashville, a long-time Crosland affiliate that conceived the Providence master plan and is overseeing its residential development.

Providence MarketPlace will offer a diverse mix of stores, including department stores, specialized retailers, specialty shops, restaurants and a movie theater, in addition to key service-oriented retailers such as a Kroger grocery store.  The center is ideally positioned to attract customers and tenants and will serve as the regional shopping destination for approximately 200,000 customers in its primary trade area.