On Feb. 23, council members approved a special use permit for The Edge Development, which could include over 900,000 square feet in more than 20 buildings.
Resource conservation districts are meant to preserve water quality and minimize potential damage from flooding and erosion.
At a council meeting Monday, Adam Golden, vice president of development at Northwood Ravin, the project’s developer, answered council members’ questions and explained the company’s desire to build 40,000-100,000 square feet of the development in the district.
Building the development within part of the district would increase its visibility from Martin Luther King Jr. Boulevard and the I-40 ramp, Golden said. He said this plan has increased retailers’ interest in the site, but the developers have to move fast to lock down interested parties.
“Time is absolutely critical for us,” he said. “The feedback we got honestly has been pretty tremendous.”
Golden wouldn’t name specific retailers, but he said Northwood Ravin is in serious negotiations with businesses interested in having a location at The Edge.
“If we get someone on the line, we will have a tremendous amount of pressure to produce what we say we’re going to produce,” he said.
Council member Jim Ward said he worried about allowing the developer to build in the district without having a more specific idea of how much extra retail space would be feasible with the approval. He said he would need more details before coming to a decision.