CBL Properties Announces Plans to Bring New Dining Options to Two Properties as Part of Redevelopment Projects
February 19 2018 - 9:30AM
Business Wire
CBL Properties (NYSE: CBL) today announced plans to add new
dining options as part of the redevelopment of two former Sears
Auto Centers. The redevelopments will deliver fresh new eateries at
both Volusia Mall in Daytona Beach, Florida, and Northgate Mall in
Chattanooga, Tennessee. Construction on both projects will begin in
March with an expected opening this fall.
“CBL is committed to diversifying the uses at our properties to
include more dining and other lifestyle options. We are thrilled to
move forward with our plans to redevelop the two Sears Auto Centers
we acquired last year,” said Stephen Lebovitz, president & CEO,
CBL Properties. “This is one of many announcements we look forward
to sharing in 2018 detailing the transformation of CBL properties
through our redevelopment program.”
Bonefish Grill, Metro Diner, and The Casual Pint will join the
mix at Volusia Mall. Additional tenants planned as part of the
project will be announced as leases are executed.
Northgate Mall will welcome Tennessee-based Aubrey’s as well as
Panda Express as part of the redevelopment.
About CBL Properties
Headquartered in Chattanooga, TN, CBL Properties owns and
manages a national portfolio of market-dominant properties located
in dynamic and growing communities. CBL’s portfolio is comprised of
119 properties totaling 74.4 million square feet across 27 states,
including 76 high-quality enclosed, outlet and open-air retail
centers and 12 properties managed for third parties. CBL
continuously strengthens its company and portfolio through active
management, aggressive leasing and profitable reinvestment in its
properties. For more information visit cblproperties.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20180219005082/en/
CBL PropertiesInvestor Contact:Katie Reinsmidt,
423-490-8301Executive Vice President & Chief Investment
OfficerKatie.Reinsmidt@cblproperties.comorMedia Contact:Stacey
Keating, 423-490-8361Director of Public Relations & Corporate
CommunicationsStacey.Keating@cblproperties.com
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