 Also planned for the mall's periphery were a supermarket facing U.S. Route 70S, a 200-room hotel, and a business park facing Interstate 40.Overall building costs were estimated at $50 million, and it would be the largest mall in the state of Tennessee upon completion.By March 1974, Shainberg had announced that Nashville-based real estate company Belz Enterprises and department store chain J. C. Penney would be co-developing the mall, with the latter also serving as one of the anchor stores.