CHATTANOOGA, Tenn.--(BUSINESS WIRE)--
CBL Properties (NYSE:CBL) today announced that The Cheesecake Factory®
is coming to Hamilton Place in Chattanooga, Tennessee, as the first key
component of the Sears redevelopment project. Construction on The
Cheesecake Factory is underway with an anticipated grand opening in late
2018.
“The Cheesecake Factory is one of the most successful and highly sought
after restaurants in the country. We are thrilled to be able to bring
this dining experience to the Chattanooga market later this year,” said
Stephen Lebovitz, chief executive officer, CBL Properties. “The
Cheesecake Factory is the first piece of our comprehensive redevelopment
plan for the Sears building and surrounding area at Hamilton Place, and
we look forward to making additional announcements in the coming months.”
“Since opening our first restaurant in Beverly Hills 40 years ago, The
Cheesecake Factory has become known for creating delicious, memorable
experiences for millions of guests around the country, and we are so
pleased to be opening our first restaurant in Chattanooga,” said David
Overton, Founder, Chairman and Chief Executive Officer of The Cheesecake
Factory Incorporated. “We look forward to opening in Hamilton Place
later this year.”
The Cheesecake Factory will locate on a new parcel created on the I-75
side of the Sears parking lot. CBL is working to solidify redevelopment
plans for the Sears store, which continues to operate at Hamilton Place.
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 117 properties totaling 73.4 million square feet across
26 states, including 75 high-quality enclosed, outlet and open-air
retail centers and 11 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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CBL Properties
Investor Contact:
Katie Reinsmidt, 423-490-8301
Executive
Vice President & Chief Investment Officer
Katie.Reinsmidt@cblproperties.com
or
Media
Contact:
Stacey Keating, 423-490-8361
Director of Public
Relations & Corporate Communications
Stacey.Keating@cblproperties.com
Source: CBL Properties