Chicago — Cushman & Wakefield has established a new Sports & Entertainment Advisory Group to provide solutions for designing, building, financing, operating and maximizing revenue streams for athletic and entertainment venues. The new S&E Advisory Group includes partnerships with industry leaders such as Chicago-based sports and entertainment marketing firm W Partners. The group will serve sports franchise owners, local governments and municipalities, private owners of entertainment venues and public and private universities. It will also provide advisory services for arenas, stadiums, adjacent retail and entertainment complexes, amphitheaters, convention centers, motorsports …
Austin, Texas — PINSTACK — an entertainment concept that combines bowling with other activities, as well as food and beverages — will open a 50,000-square-foot venue at Tech Ridge Center in Austin. This will be the first location outside of the Dallas-Fort Worth metroplex for PINSTACK, which is owned by Entertainment Properties Group Inc. In addition to bowling, the Austin center will offer a rock-climbing wall, virtual reality games, laser tag, bumper cars and a ropes course, as well as a chef-driven menu featuring craft cocktails, wine and draft beer. …
McKinney, Texas — Cinemark Holdings Inc. has opened a 14-screen theater at the intersection of U.S. Highway 380 and Hardin Boulevard in the northern Dallas suburb of McKinney. The freestanding venue features wall-to-wall screens, oversized recliners with footrests, an arcade and a variety of food and beverage options. The theater is Cinemark’s 27th in the Dallas-Fort Worth area.
Houston — Life Time Inc., an owner-operator of health clubs across the country, will bring a 56,000-square-foot athletic facility and 38,000-square-foot coworking space to GreenStreet, an office and retail property in downtown Houston by local developer Midway. The facility will be located at 1201 Main St. and will offer two floors featuring a range of health and wellness amenities combined with coworking space. The opening is scheduled for 2020.
Irving, Texas — Stumpy’s Hatchet House, an entertainment concept centered on throwing axes, will open a 7,500-square-foot venue at Toyota Music Factory in Irving. The location will be the company’s first in Dallas-Fort Worth and 23rd in the country. Construction of the space is scheduled to begin in April. North Carolina-based developer ARK Group owns Toyota Music Factory.
Developers turn to unique eateries as ammunition in the ‘amenities arms race.’ By David Cohen In an effort to inoculate their mixed-use office and multifamily projects against the threat of e-commerce competitors, developers are increasingly incorporating food halls into their properties to attract tenants. “Food halls are the latest and greatest in the amenities arms race,” says Aaron Jodka, research director at Colliers International in Boston. “While most buildings are able to find ways to add bike storage, a gym, conference spaces or game rooms, not everyone can accommodate a …
Joliet, Ill. — Cullinan Properties Ltd. has broken ground on Rock Run Crossings, a 265-acre mixed-use project in Joliet. Cullinan is underway on clearing the site and plans to begin construction late this spring. A groundbreaking ceremony took place Friday, March 22. Cullinan has also revealed the first anchor tenant at Rock Run Crossings will be a 16-screen Regal Cinemas movie theater that will span 70,000 square feet. The developer plans to announce more tenants later this year.
Mesquite, Texas — Urban Air Adventure Park, an entertainment concept featuring trampolines, will open a 30,706-square-foot venue in Mesquite, an eastern suburb of Dallas. The venue will be located within a freestanding building at 3777 Childress Ave. that was previously occupied by sporting goods retailer Gander Mountain, which filed for bankruptcy in 2017. David Zoller and Derek Schuster of Weitzman represented the landlord in the lease negotiations. Mike Stern and Josh Flores of EDGE Realty Partners represented Urban Air, which plans to open the venue late this summer.
Grand Prairie, Texas — Dallas-based Main Event will open a 48,000-square-foot entertainment venue at 3102 S. Highway 161 in Grand Prairie, located roughly midway between Dallas and Fort Worth. The venue, which will be the company’s seventh in the metroplex, will feature 22 bowling lanes, laser tag, a ropes course and zip line and more than 130 interactive and virtual video games. The opening is slated for winter 2020.
Middletown, N.J. — Wegmans Food Markets will open a 130,000-square-foot store at National Realty & Development’s planned The Shoppes at Middletown in Middletown, New Jersey.