Industries Commercial Real Estate

Belk will relocate store from Bristol, Va., to Bristol, Tenn.

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Belk is relocating its store at Bristol Mall in Bristol, Va., to a new, $20 million, 132,000-square-foot fashion store at The Pinnacle in Bristol, Tenn.

A groundbreaking event for the new store will be held in mid-May.

Belk said in a press release Wednesday that the store’s grand opening is set for spring 2015. Until then, the Belk store in Virginia will continue to operate.

The Pinnacle is a new 250-acre, open-air, mixed-use development located at Exit 74 off Interstate 81 and Highway 11.

Another anchor tenant joining Belk at The Pinnacle is Bass Pro Shops, which began construction on its store in January. The regional center development is designed to accommodate 1.3 million square feet of retail, restaurant, hotel, medical office space and an outdoor amphitheater.

The new Belk store will incorporate the latest in retail design, lighting, merchandise presentation and décor. The company plans to offer expanded assortments of top premium and national brands, exclusive Belk private brands, fashion apparel, shoes, accessories and large selections of cosmetics and home merchandise.

“We’re pleased and excited to announce the opening of a new Belk store at The Pinnacle to serve the Bristol community,” Jan Clevenger, chair of the Belk Western Division, based in Birmingham, Ala., said in a statement.

Steve Johnson, president of Johnson Commercial Development, The Pinnacle's developer, indicated that a Belk presence would help attract additional tenants. “This well establishes The Pinnacle project as the true regional development that we have envisioned. This project was on a solid trajectory with the signing of anchor tenant Bass Pro and, with the addition of Belk, it gains even greater momentum.”

Belk has served the Bristol community since 1929 and has operated at Bristol Mall since 1999. It also operates stores in Johnson City and Kingsport.

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