CBL AND THE BENCHMARK GROUP ANNOUNCE ULTA, PETCO AND ADDITIONAL RETAILERS AND RESTAURANTS JOINING THE PAVILION AT PORT ORANGE IN PORT ORANGE, FL
CHATTANOOGA, TN. and AMHERST, NY (June 30, 2009) –CBL & Associates Properties, Inc. (NYSE: CBL) and The Benchmark Group today announced additional stores and restaurants joining The Pavilion at Port Orange in Port Orange, FL, including junior anchors ULTA and PETCO. Additional stores and restaurants joining the project include Pebble Beach Grill, Payless ShoeSource, and Loraine’s Fashion Jewelry and Accessories. ULTA will locate in a 10,000 square foot store and PETCO in a 13,500 square foot store.
The 550,000-square-foot-open-air-development will be anchored by Belk fashion department store, a state-of-the-art 14-screen Hollywood Theater, with junior anchors Homegoods/Marshall’s Megastore, Michaels, along with ULTA and PETCO. Visitors will also enjoy a wide selection of specialty retailers and restaurants including Alfredo’s Restaurant, Rack Room Shoes, Olive Garden, Red Robin Gourmet Burgers and Visionworks. The Pavilion at Port Orange will begin opening in fall 2009 with the official grand opening scheduled for spring 2010.
Commenting on the new stores and restaurants joining the center, Geoff Smith, CBL & Associates Properties, Inc., Vice President - Development, said, “With only a few projects under construction in the United States today, The Pavilion at Port Orange continues to receive strong interest from retailers and restaurants attracted to its outstanding location, access, visibility and demographic base. We are pleased to announce additional stores joining the project and look forward to celebrating the grand opening of Hollywood Theaters later this year.”
ULTA is the largest beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States. Stores offer a unique combination of over 21,000 prestige and mass beauty products across the categories of cosmetics, fragrance, haircare, skincare, bath and body products and salon styling tools, as well as salon haircare products. ULTA also offers a full-service salon in every store.
PETCO is a leading pet specialty retailer that provides the products, services and advice that make it easier for their customers to be great pet parents.
The Pebble Beach Grill will specialize in casual steaks and seafood with an innovative menu of flavorful specialties with a California Flair. The menu of creatively presented appetizers, salads and entrees will be made from scratch and prepared with the freshest quality ingredients. The dining experience will be enhanced with an outdoor patio overlooking the lake in a park like setting. The Pebble Beach Grill will be the perfect place to unwind with a refreshing cocktail and enjoy a great meal.
About The Pavilion at Port Orange
The Pavilion at Port Orange will offer customers a unique shopping experience with Main Street style architecture, two-story themed buildings and extensive landscaping in an open-air pedestrian-friendly environment. A focal point of the development will be a seven-acre lake surrounded by numerous upscale sit-down restaurants overlooking the water. The center will also feature a community pavilion along the lake that will serve as a gathering place for residents and tourists and a covered children’s soft play area. Curbside parking will provide customers with easy and convenient access to the shops. The Pavilion at Port Orange will also feature more than 34,000 square feet of office space above the retail.
Persons interested in learning more about leasing space should contact the following representatives:
Specialty Shops:
Greg Wilson
Leasing Manager – Development Leasing 423-490-8612 greg_wilson@cblproperties.com
Anchor or big box opportunities/office space:
Geoff Smith
Vice President – Development 423-490-8345 geoff_smith@cblproperties.com
Bob Elliott
Development Manager 386-254-2834 bob_elliott@cblproperties.com
Restaurants:
Bryant Siragusa
National Director of Mall Restaurants & Entertainment 423-553-8790 bryant_siragusa@cblproperties.com
Peripheral Property:
Bill McKnight
Leasing Manager – Development Leasing 423-553-8717 bill_mcknight@cblproperties.com
About The Benchmark Group
Benchmark is a family owned real estate development, acquisition and management company whose roots date back to the late 1960's with the development of one of the country's first enclosed regional malls in Amherst, NY. The company's portfolio today is valued at approximately $1 billion and includes retail, office and multi-family residential in 12 states with it's most extensive holdings in New York, Ohio and Florida.
About CBL & Associates Properties, Inc.
CBL owns or manages five regional malls/open-air centers in Florida including Volusia Mall in Daytona Beach, Gulf Coast Town Center in Fort Myers, Panama City Mall in Panama City, Lakeshore Mall in Sebring and the recently opened Hammock Landing in West Melbourne. CBL also owns and manages one community center in Florida.
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 159 properties, including 88 regional malls/open-air centers. The properties are located in 27 states and total 86.0 million square feet including 2.2 million square feet of non-owned shopping centers managed for third parties. Including The Pavilion at Port Orange, CBL currently has four projects under construction totaling 2.4 million square feet including The Promenade in D'Iberville, MS; Settlers Ridge in Pittsburgh, PA; and one open-air center. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas, TX, and St. Louis, MO. Additional information can be found at cblproperties.com.
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