McKinney, Texas — The Picklr has opened a 28,016-square-foot venue in the northern Dallas suburb of McKinney. Situated within Eldorado Plaza, the facility will feature nine full-size pickleball courts and one warm-up court. Whitestone REIT owns the property, which is anchored by Trader Joes. Other tenants at the center include Starbucks Coffee, Hollywood Feed and Christina’s Mexican Restaurant.
Dallas — Netflix will open an entertainment venue within an anchor space at Galleria Dallas, a 1.9. million-square-foot shopping center in Dallas. Dubbed Netflix House, the establishment will feature immersive experiences, retail and food-and-beverage offerings. Construction is currently underway on two floors of the property to house the venue, which is scheduled to open in fall 2025. According to a statement on the Netflix company website, an additional Netflix House will open in King of Prussia, Pennsylvania, with both venues encompassing more than 100,000 square feet. MetLife Investment Management owns Galleria …
Culver City, Calif. and Austin, Texas — Sony Pictures Entertainment has acquired theater chain Alamo Drafthouse Cinema from Altamont Capital Partners, Fortress Investment Group and founder Tim League for an undisclosed price. Alamo Drafthouse was founded in 1997 in Austin, and has grown from a single mom-and-pop location to 35 cinemas across 25 metropolitan areas. The company is the seventh-largest theater chain in North America and was one of the pioneers of the in-theater elevated food and drink concept. Alamo Drafthouse will maintain its headquarters in Austin and will continue to …
Paris, France — Paris-based retail center owner and operator Unibail-Rodamco-Westfield (URW) and TOCA Football have announced a partnership to open multiple eatertainment venues throughout Europe. The first of the new TOCA Socials will open at Westfield London and Westfield CNIT in La Défense in Paris in 2025. The venues will occupy 37,620 and 25,833 square feet, respectively. The partnership will include additional, yet-to-be-announced locations. TOCA Social venues feature immersive soccer-based gaming, as well as food and beverages. In London, the brand currently operates at The O2.
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Moreno Valley: Hub for Growth and Opportunity
Located in Southern California’s Inland Empire, Moreno Valley has emerged as a significant growth center and a friendly home to retail. As highlighted by Melissa McClain, head of marketing & business attraction for the city, the area’s robust development is driven by substantial job creation and strategic planning. “Truly the catalyst for the growth in Moreno Valley has been jobs. We’ve created more than 34,000 jobs in the last eleven years. And because of that, we now have more than 7,700 single-family and multifamily residential units that are either …
Chesapeake, Va. — Dollar Tree Inc. has acquired designation rights for 170 leases of 99 Cents Only Stores, following the latter’s Chapter 11 bankruptcy filing. 99 Cents Only Stores filed for bankruptcy in April and is disposing of its assets — including inventory, owned real estate and store leases — as part of the process. Dollar Tree acquired the leases, as well as the North American intellectual property of 99 Cents and select onsite furniture, fixtures and equipment, in two separate transactions this month. “This was an attractive opportunity to secure …
Las Vegas — Kindred Concepts (F1 Arcade) has announced plans for a 21,000-square-foot F1 Arcade at The Forum Shops at Caesars Palace in Las Vegas. Scheduled to open in 2025, the venue will feature racing simulators, games, viewing screens, a 41-foot bar and a 3,550-square-foot private room. Simon is the property owner and landlord.
Inglewood, Calif. — Three new tenants have signed leases totaling 128,500 square feet at Hollywood Park, a mixed-use development currently underway in Inglewood, approximately 13 miles outside downtown Los Angeles. JD Sports and Iconix Fitness will occupy 7,500 and 56,000 square feet, respectively, beginning this summer. Cosm will also open a 65,000-square-foot experiential venue at the property this summer. Upon completion, Hollywood Park — which is being developed by Los Angeles Rams Owner and Chairman E. Stanley Kroenke — will feature up to 890,000 square feet of retail space, as well …
Tampa, Fla. — Strategic Property Partners LLC has unveiled the next phase of Water Street Tampa, the company’s $3 billion mixed-use neighborhood underway in downtown Tampa. The next phase will comprise three separate buildings with residential, office and hospitality/entertainment space. The third building will feature a select-service hotel, parking garage and entertainment uses, including food-and-beverage options and a live music venue. The office complex will also feature ground-floor retail space. The road and utility infrastructure work for these additions is currently underway and expected to be complete in spring 2025. Last …
Petersburg, Va. — The City of Petersburg has selected Bruce Smith Enterprise and The Cordish Cos. to co-develop a $1.4 billion gaming and entertainment district in Petersburg, roughly 24 miles south of Richmond. The Petersburg City Council unanimously approved the joint venture partnership, which responded to a request for proposal (RFP) issued by the city, as the preferred development partner on the mixed-use project. Upon completion, Live! Casino & Hotel Virginia will comprise more than 400,000 square feet of gaming, hospitality and dining space, as well as 35,000 square feet of …