Nebraska Furniture Mart Inc. officially has made its foray into the development world, signing hotels and restaurants to its $1.5 billion, 433-acre Grandscape project -- even as it stocks shelves with furniture, appliances and electronics. This is the first time the 77-year-old Omaha, Nebraska-based furniture retailer has developed its 1.9 million-square-foot furniture showroom and distribution center as well as the entire entertainment destination surrounding the furniture store at the southeast corner of the Sam Rayburn Tollway and Plano Parkway in The Colony. We had a chance to be thoughtful in how we recruited tenants for that area and how we will continue to recruit tenants, Jeff Lind, chief strategy and development officer with Nebraska Furniture Mart and president of Grandscape told the Dallas Business Journal. Lind and other city officials held a press conference on Tuesday to announce the new retail tenants of Grandscape, which include Hampton Inn & Suites, Homewood Suites, Cheddars Casual Cafe, Hard Eight BBQ, Mi Cocina and Rock & Brews. The Nebraska Furniture Mart is expected to be one of the largest grossing retail stores on the planet, which is why the developer is being particular when selecting tenants for Grandscape. Construction is underway on the infrastructure that will support Grandscapes new tenants. Cheddars and Rock & Brews plans to open in summer of 2015, with Hampton Inn, Hard Eight and Mi Cocina following in the fall. Homewood Suites plans to open in late 2016. The Nebraska Furniture Mart showroom and distribution center is on pace to open in spring 2015. Dallas Business Journal, October 28, 2014
Posted on: Sun, 02 Nov 2014 16:23:07 +0000
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