Please ensure Javascript is enabled for purposes of website accessibility

A peek at Canton Crossing

The first glimpse of a long-awaited new retail center to be built on the waterfront in Canton will be unveiled Monday before a city design panel.

The Urban Design and Architecture Review Panel is scheduled to preview the master plan for the new development beginning at 11 a.m. at 417 E. Fayette St. in the city’s Department of Planning offices.

Architects for the project are Brown Craig Turner.

To be called Canton Crossing, the development is expected to hold a big box store, a grocery and other smaller stores to be developed by Chesapeake Real Estate Group. The 31-acre site was purchased from Exxon Mobil Corp. in June by BCP Investors LLC, a newly formed partnership that includes principals from Chesapeake Real Estate Group and Birchwood Capital Partners.

The site was once an oil terminal owned by Exxon Mobil. First Mariner Bank owner Edwin F. Hale Sr. had hoped to develop the parcel and include a Target and upscale grocery. But the recession hindered those plans and the banker assigned his interest in the property to BCP Investors.

The site is located next to the bank’s 17-story tower, located just off of Boston Street.

The new development will hold more than 275,000 square feet of retail space. Construction is expected to being in 2012.