Eldersburg Commons rendering

The Carroll County Planning Commission has approved changes to Carrolltown Mall in Eldersburg. (Courtesy of Black Oak Associates / October 3, 2013)

Plans to transform Carrolltown Mall in Eldersburg into a Walmart-anchored retail center will move forward thanks to an approval late Wednesday by the Carroll County Planning Commission.

Developer Black Oak Associates plans to start construction immediately on the $50 million Eldersburg Commons retail center.

 The new 290,000 center, slated to open next fall, will be anchored by a Walmart Supercenter and have more than a dozen apparel, home furnishing and pet stores as well as restaurants and fast-casual eateries.

"This project has already received strong interest from some of the country’s premier retailers, and we’re very close to signing several new tenant agreements,” Dixon Harvey, a Black Oak partner, said Thursday in an announcement.

Eldersburg Commons will replace the 35-year-old Carrolltown Mall on Liberty Road. The project is expected to create 221 construction jobs and more than 630 new permanent jobs and generate about $540,000 in tax-related annual revenue for the county.

 “The revitalization of Carrolltown Mall and the creation of Eldersburg Commons is an important investment in our community and will serve to support Carroll County’s overall economic development objectives," County Commissioner Doug Howard said in a statement.

lorraine.mirabella@baltsun.com