Benihana opens in Monterey
Monterey, Calif. Japanese restaurant concept Benihana has announced the opening of its newest franchise location in Monterey, Calif.
The new unit is the 16th Benihana restaurant in California. The company operates 64 Benihana teppanyaki restaurants, nine Haru restaurants, and 22 RA Sushi restaurants. Under development at present are nine restaurants: four Benihana teppanyaki restaurants and five RA Sushi restaurants. In addition, 22 franchised Benihana teppanyaki restaurants are operating in the United States, Latin America and the Caribbean.
Exeter Commons ahead of schedule
Blue Bell, Pa. As other centers experience long delays, Exeter Commons, in Berks County, Pa., is progressing ahead of schedule, according to owner Exeter JV Associates, LP, a partnership of The Goldenberg Group and Ironwood Property Group.
Two of the 490,000-sq.-ft. shopping center’s anchor stores, Target and Giant Foods, are scheduled to open in late July, with the grand opening of Lowe’s to follow in August.
“Exeter Commons has been a high-development priority for Exeter Township for more than 10 years,” said Kevin Trapper, senior VP The Goldenberg Group.
The largest shopping center in Exeter Township, Exeter Commons will offer a mix of tenants that includes, besides the three national retailers, a Sonic Drive-In, Wells Fargo/Wachovia, Red Robin, Chick-Fil-A and Affinity Bank.
“The joint venture worked effectively with the township, county and state officials to gain consensus on the project, obtain permits and approvals, and secure significant public funding to allow the project to come to fruition,” said Mark Scott, chairman of the Berks County Commissioners.
Greensboro, N.C., to get new retail development
Charlotte, N.C. Local-area developer Centdev Properties announced it is constructing a $10 million retail project on 25 acres at an Interstate 85 bypass in Greensboro, N.C.
The Village at South Elm is planned to open in phases over the next three years and will service a heavily retailed area that already includes big-box-retailers Wal-Mart and Lowe’s.
According to the developers, The Village at South Elm will have no big-box stores or anchor tenants.