CBL Properties (NYSE:CBL) today announced the first phase of redevelopment plans for the former Sears building at Cross Creek Mall in Fayetteville, North Carolina. As part of the project, Fayetteville will welcome new-to-market entertainment operator Dave & Buster’s, which will feature hundreds of the latest arcade games, state-of-the-art sports viewing, chef-crafted food and innovative cocktails.
“Our primary goal in the redevelopment of the former Sears at Cross Creek is to add family-friendly entertainment and attractive eateries to one of our most productive properties,” said Stephen Lebovitz, chief executive officer, CBL Properties. “We are pleased to announce the addition of Dave & Busters, which will deliver a fun social experience, complementing the existing shopping and dining options. As we plan for the next phase of the Sears redevelopment, we are exploring additional restaurants, specialty stores and other uses that will further enhance Cross Creek’s dominant position in the market.”
Construction on this project is already underway. Additional details including the timing of the Dave & Buster’s opening will be announced as plans are finalized.