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CHANNEL 4 NEWS:
Magnolia Park Gets New Tenants; New Restaurants
To Open First Locations In SC
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GREENVILLE, S.C. -- Big
plans were put in place when Menin Development, Inc. purchased
Magnolia Park in 2007, the site of the former Greenville Mall.
But for years, the dirt stood still as the
economy tanked.
Heavy machinery has been brought in, and
phase three of the development and expansion is officially
underway.
In a statement, Marc Yavinsky, Executive
Vice President said, “We have signed leases with two
new tenants and are in advanced discussions with several other
tenants for this phase and future phases at Magnolia Park.
Over the past 6 months, we have had an incredible amount of
interest in Magnolia Park as tenants are coming back to the
market for top quality locations.”
Yavinksy said two new freestanding restaurants
will be built and are expected to open in late 2011.
“Cheddar’s Casual Café Inc.
has over 80 restaurants in 20 states and this will be their
first location in South Carolina," said Yavinsky. "Menin
has also signed a lease with regional restaurant chain La Parrilla
Mexican Restaurant. La Parrilla Mexican Restaurant is a full
service, casual dining Mexican restaurant with 16 locations
operating in Georgia and Alabama and this will be their first
location in South Carolina as well."
Yavinsky also confirmed a playground for
families, known as Superplay USA, will call Magnolia Park home.
Superplay USA is known for bowling, mini golf, arcades, batting
cages and laser tag.
Yavinksy also said Menin is currently working
with Greenville City officials to acquire building permits
and negotiating leases with future tenants.
He said future development at Magnolia Park
will consist of an additional 400,000 square feet of retail,
375,000 square feet of office space and one or two hotels.
The park is already anchored by Old Navy,
Bed Bath and Beyond, Sports Authority and Hollywood 20 Regal
Cinemas.
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