OXFORD – Trezevant Realty Corp. and its partners plan to open a third major commercial development near Oxford’s western gateway in Fall 2015.
The Germantown, Tenn.-based real estate company, along with John H. Trezevant and the Davis Family Trust, will begin construction on Oxford Galleria II this fall.
The 225,000-square-foot development will be west of and across Goose Creek from the existing Galleria I development, which includes Home Depot, Belk, Buffalo Wild Wings, other restaurants and numerous specialty shops.
Galleria II will lie northwest of and across Jackson Avenue from Oxford Marketplace, which includes Walmart, Goodwill, several restaurants and other stores.
While specific tenants have not yet been named, Oxford Galleria II is planned to include space for shops, dining, entertainment, hotels and major retailers. It will be built on land currently occupied by Ewing Trailer Park, offering a significant visual change to one of Oxford’s major entrances.
The development will give Trezevant approximately 1 million square feet of business space in Oxford, valued at $150 million-$200 million, according to a company statement.
The company already has a satellite office in Oxford. Trezevant Realty Corp.’s Taylor Trezevant and Tom Marsh will handle securing leases, build-to-suit negotiations and out-parcel sales.
Kui-Mew Wong, a principal with Memphis-based ArchitectWon International LLC, will be the architect for the new project. He also led the design and building of Oxford Galleria I and Oxford Marketplace. Williams Engineering of Oxford will oversee the project’s engineering.
The Oxford Galleria II development will have major entrances off Jackson Avenue, Home Depot Drive and West Oxford Loop, with a new connector street tying Home Depot Drive with West Oxford Loop on the southwest side of Goose Creek.