BRISTOL, Tenn. — A building permit issued by the city of Bristol, Tennessee, this spring indicates a Best Buy store may be in the works for The Pinnacle shopping center.
However, the developer and Best Buy aren’t officially confirming whether the arrival of the consumer electronics retailer is a done deal.
According to a site plan and building permit documents obtained from the city, a 30,000-square-foot building has been approved for a parcel of land at 567 Pinnacle Parkway, east of the existing CarMax.
Although the site plan doesn’t specifically name Best Buy, the permit issued for the same address, dated April 30, describes the structure’s use as a “30,000 sf [square foot] Best Buy retail store.” This building is currently under construction.
The site plan also shows three other projects slated for the adjacent area — two 8,500-square-foot spaces and a 35,000-square-foot building.
Steve Johnson, the president of Johnson Commercial Development, the developer of The Pinnacle, said in an email Thursday afternoon that he “cannot confirm that Best Buy is part of that project at this time.”
A Best Buy spokeswoman said via email, “We’re interested in relocating one of our stores to The Pinnacle. But until we have a signed lease, we can’t comment further.”
The spokeswoman didn’t respond to a question about which store Best Buy may relocate. Best Buy currently has locations just outside Bristol, Virginia (in Washington County), in Johnson City and in Kingsport.
If Best Buy relocates from near Exit 7 off Interstate 81 to The Pinnacle, it wouldn’t be the first business to do so — in 2017, Outback Steakhouse relocated to The Pinnacle from its former Bristol, Virginia, location off Exit 7.
The Pinnacle, off I-81 at Exit 74, opened in 2014 and has become a regional shopping destination, with retailers, including Bass Pro Shops and Belk, and several restaurants.