Oct 31 2009
CBL & Associates Properties, Inc. (NYSE: CBL) today announced the official Grand Opening of Settlers Ridge, a new 600,000-square-foot regional open-air center in metropolitan Pittsburgh (Robinson Township), PA.
CBL executives, along with the area’s elected officials, were in attendance at the official ceremony to celebrate the opening of the area’s newest and most unique shopping, dining and entertainment destination. Settlers Ridge opened more than 94% leased and committed.
Shoppers can enjoy an outstanding selection of stores and restaurants at Settlers Ridge including 150,000-square-foot Giant Eagle Market District supermarket (opening November 6th), a 16-screen Cinemark stadium seating theatre, as well as LA Fitness, REI and Barnes & Noble (coming spring 2010). A wide selection of specialty stores and restaurants have already begun opening including Cadillac Ranch, First Watch – The Daytime Café, Panera Bread, P.F. Chang’s, Red Robin Gourmet Burgers, Saga Japanese Steakhouse, Learning Express, Luxor Nail Spa, Omaha Steaks, Original Cin, SportClips, Sunsational Tan, Verizon Wireless, Vitamin Shoppe, and Emmert Dental.
Commenting on the Grand Opening, Mark Mancuso, Senior Vice President – Development for CBL & Associates Properties, Inc., said, “We are excited to unveil Settlers Ridge to the market and are confident shoppers and visitors will make it a preferred destination. We appreciate the dedication and spirit of collaboration from the county, the Township and area residents throughout the process of working to convert this former mining site into a contributing member of the Pittsburgh economy. The center not only offers a great selection of stores and restaurants, but creates a number of new jobs and an important source of sales tax revenue.”
“The Settlers Ridge development will be a tremendous asset to Robinson Township, the airport corridor and Pittsburgh region as a whole,” said Richard J. Charnovich, township manager for the Township of Robinson. “The location of the development provides for premium access for visitors from all locations. Robinson Township is very grateful that in today’s difficult economy a progressive development such as Settlers Ridge has come to our community and will create a significant number of jobs and improve the quality of life for our residents.”
Source: http://cblproperties.com/cbl.nsf/index