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FRANFORT, KY. — Brentwood, Tenn.-based GBT Realty is developing The Paddocks of Frankfort, a $65 million, 600,000-square-foot, regional shopping center in Frankfort, located at the northeast corner of Interstate 64 and Lawrenceburg Road. The project is situated on 89 acres and will feature a 180,000-square-foot discount department store, several 20,000 and 45,000-square-foot co-tenants and 100,000 square feet of specialty shops and restaurants. Additionally, eight outparcels will feature stand-alone restaurants, banks and other retailers. Nashville, Tenn.-based Maxwell Johansen Maher Architects is designing the center, which is scheduled to break ground next year and open in early 2010.