SHERMAN, Texas (KTEN)—A development company is hoping to breathe new life into Sherman's Midway Mall as soon as a month-and-a-half from now.

Ronnette Goodman has been shopping at Midway Mall since it opened back in 1986, and she's eager to see the center restored to its former glory.

"I would love to have the old times back," Goodman said. "We're walking in the mall, we're visiting, we're meeting, shopping... just having a good time."

Mustard Street Management purchased the property last year. On Tuesday, the Sherman Planning and Zoning Committee gave them the green light for new development.

"This is probably a $20 million project for us to get this retail back, and we're working diligently to get it done as quickly as we can, with the help of the city," said Mustard Street chief operating officer Scott Cresswell.

Their plans include turning the back part of the building into a self-storage warehouse, and re-filling the empty storefronts.

Cresswell said they've already secured several tenants that will be moving in as soon as the interior is ready.

"Jump'NLand and this Zumba store should be opening in the next 45 to 60 days, as soon as we complete an interior renovation of the mall, which right now is getting a whole new floor, a new coat of paint," Cresswell said.

The two retailers that currently anchor Midway Mall — Dillard's and Burlington — will remain.