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Sports Entertainment Provides a Promising Future for Retail Real Estate

by Alex Tostado

Atlanta — The future of food and beverage retail is…sports? To hear from “The Future of Restaurants & Entertainment” panel at the ICSC Southeast Conference & Deal Making event, sports-centric concepts are a solid bet for retail real estate owners to pursue going forward. Produced by the International Council of Shopping Centers (ICSC), the event was held Nov. 13-15 at the newly renovated Georgia World Congress Center in downtown Atlanta. Justin Amick, president of Painted Hospitality, spoke during the panel about his two venues in Atlanta, The Painted Pin and …

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DevelopmentEntertainmentNewsRetailersTexas

Fun Movie Grill to Open 70,000-Square-Foot Venue at Mustang Square in Plano, Texas

by Alex Tostado

Plano, Texas — Fun Movie Grill, an entertainment concept that combines food, bowling, movies and games, will open a 70,000-square-foot venue in Plano. The eight-screen location will be part of Mustang Square, a 36-acre mixed-use development that will include 90,000 square feet of office space, hotels, residential villas and townhomes and a public plaza. Dan Avnery and Stewart Korte of NAI Robert Lynn represented the tenant and the landlord, Thakkar Developers, which broke ground on Phase I of the project in October, in the lease negotiations. The venue, which is …

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EntertainmentMixed-useSCBlog

Winning Big with Competitive Socializing

by Alex Tostado

From axe throwing and bowling to gaming lounges and escape rooms, entertainment users that feature competitive activities are rapidly expanding into traditional retail centers. A recent study by JLL coined the term “competitive socializing” to describe this class of  new leisure tenants and how they are driving foot traffic to suburban shopping centers and poised for stronger growth. Eatertainment concepts, another term used to describe these concepts which blend an arcade experience with food and beverage offerings, comprise 22.6 percent of the competitive socializing market share and have proven to …

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DevelopmentEntertainmentNewsTexas

Cinemark to Open Eight-Screen Movie Theater in Cypress, Texas

by Alex Tostado

Cypress, Texas — Cinemark Holdings will open an eight-screen CUT! by Cinemark movie theater in Cypress, a northwestern suburb of Houston. The theater will feature wall-to-wall screens, enhanced sound systems, a full-service food menu and bar and an outdoor patio with a fireplace and games. Washington Prime Group will develop the theater, with construction scheduled to begin in November and the opening slated for July 2020.

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DevelopmentEntertainmentGeorgiaNewsRestaurants

Delaware North to Bring Golf Entertainment Concept to The Battery Atlanta

by Alex Tostado

Atlanta — Delaware North will open Good Game, a 7,500-square-foot dining and entertainment concept that offers Topgolf’s Swing Suite virtual simulator bays. Good Game will house seven bays, accommodating up to eight people in each bay. The Topgolf Swing Suite bays also offer a variety of virtual games, including the Topgolf target game, Zombie Dodgeball, Hockey Shots, Baseball Pitching and Carnival Classic. Delaware North, which has been the exclusive food and beverage service provider for Battery landlord Braves Development Co. and SunTrust Park since 2016, also operates the Terrapin Taproom, H&F Burger …

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DevelopmentEntertainmentFloridaLeasingNews

Three Fitness Studios to Open in Lake Nona Town Center

by Alex Tostado

Orlando, Fla. — Tavistock Development Co. has signed three leases with fitness studios to occupy space within Pixon, a 200-unit apartment complex with 32,500 square feet of retail space in Lake Nona Town Center. Neighborhood barre, Club Pilates and Rukus Cycling Studios are expected to open by the end of this year. Neighborhood barre will span 1,300 square feet. It will be the first location in Florida and fifth in the nation. Rukus Cycling Studio will occupy 2,600 square feet and include 44 stationary bikes. Club Pilates will be in …

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DevelopmentEntertainmentMixed-useNewsRetailersTexas

NewQuest Properties Breaks Ground on 143-Acre Entertainment Retail Project in Waco

by Alex Tostado

Waco, Texas — Houston-based NewQuest Properties has broken ground on Cottonwood Creek Market, a 143-acre entertainment retail project in Waco. Located at the intersection of Interstate 35 and Loop 340, the development will span 285,000 square feet. A 14-screen Cinemark theater will anchor the project, and NewQuest is in talks to add a bowling and family dining concept, as well as a national retailer in golf entertainment. The opening is scheduled for spring 2020.

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DevelopmentEntertainmentNewsTexas

Dallas Cowboys to Open 20,000-Square-Foot Gym in AT&T Discovery District

by Alex Tostado

Dallas — The Dallas Cowboys, in partnership with global fitness center developer Mark Mastrov, will open a 20,000-square-foot Cowboys Fit gymnasium at the AT&T Discovery District in downtown Dallas. Club members can enjoy a range of boutique fitness classes, including yoga and barre, as well as access to customized fitness plans and Cowboys merchandise. The opening is slated for this winter.

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DevelopmentEntertainmentNewsPennsylvaniaRestaurants

City Center Investment Corp. to Open 12,000-Square-Foot Food Hall in Allentown This Fall

by Alex Tostado

Allentown, Pa. — City Center Investment Corp. plans to open Downtown Allentown Market, a $4 million project in Allentown. The 12,000-square-foot retail space will be located within the City Center Allentown mixed-use development. The market will feature nine food and drink merchants, indoor and outdoor seating and flexible space for programming and pop-up shops. Brick-and-mortar tenants include sushi/poke concept Shinsen; Mediterranean restaurant Zahra; ice creamery Batch Microcreamery; Little Miss Korea; Doughnut Love, Licensed to Grill @ The Market; and Tavola pizzeria. The food hall will also house a distillery. City …

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EntertainmentLeasingMinnesotaNews

Brew Pub to Occupy Space in Historic Minneapolis Building

by Alex Tostado

Minneapolis — Eleven Artisans, a brew pub and entertainment venue, has signed a 3,500-square-foot lease at the historic Handicraft Guild Building and Assembly Hall adjacent to the new City Club Apartments. The name Eleven Artisans comes from a community of 11 female artists who pioneered a creative movement in downtown Minneapolis in the early 1900s. They created their art in the Handicraft Guild Building and Assembly Hall, which dates back to 1907. The brew pub, designed by Minneapolis firm Shea Design, will offer a range of craft beers, rotating handles, wine …

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