Hull undertakes slow resuscitation of Tennessee Mall

Hull Property Group plans to move slowly in remaking the Kingsport Town Center, delaying the recruitment of new tenants until it can re-establish the 40-year-old mall as a popular destination for shoppers.



“We are working with the government officials and economic development people, and other leadership to bring about a situation that we feel comfortable in investing in the property. We have to do this in the right sequence,” managing principal James Hull told the Times News of Kingsport, Tennessee. “We’re like little ducks. We’re paddling hard on the water. You may not see it, but we’re working every day on it.”



The center, which is facing stiff competition from The Pinnacle development in nearby Bristol, Tennessee, has anchors Sears, J.C. Penney, and Belk in place, but is in dire need of capital improvements. Hull is also initiating a court action to evict Fran Theatres from the property.



Hull said his company hoped to work a tax abatement out with town officials that will allow it to invest more than $4 million in Kingsport Town Center.



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