- The Company
- What We Do
January 8, 2016
Woodbury’s CityPlace adds Sur La Table, Qdoba and Cyclebar to growing roster of retailers
WOODBURY, Minn. (January 2016) – CityPlace, located at I-94 and Radio Drive in Woodbury, today announced new additions to its growing list of retailers. The partnership of Florida-based Elion Partners and Minnesota’s Kraus-Anderson has signed leases with Sur La Table, Qdoba Mexican Grill and CycleBar.
The new retailers join a 116-room Residence Inn by Marriott and anchor tenant Whole Foods Market, along with Verizon Wireless, Café Zupas, Wedding Day Diamonds, Caribou Coffee, La-Z-Boy Home Furnishings and Décor, Mattress Firm, Potbelly Sandwich Works and TU Nails.
Sur La Table is a leading retailer of cooking and kitchen supplies, including essential basics, hard-to-find specialty tools and cookware. It also operates the largest avocational cooking school nationwide. Qdoba Mexican Grill is a chain of fast-casual fresh Mex restaurants in the United States and Canada serving Mexican-style cuisine. CycleBar unites riders of all ages and fitness levels by creating a high-energy, multi-sensory cardio fitness workout. The new retailers are expected to open in 2016.
In October of 2015, Elion Partners announced plans to rebuild CityPlace’s existing 400,000-square-foot office building by replacing it with a multi-unit office park that is designed to attract and retain businesses well into the future. The office building is part of the 100-acre transformation of CityPlace, the high-profile, mixed-use development that features shopping, restaurants, a hotel and office space.
TRIA Orthopaedic Center will become the first in a series of new office tenants as well as CityPlace’s first key healthcare provider. TRIA’s 75,000-square-foot, comprehensive orthopaedic care center will be built by Kraus-Anderson Construction and is expected to open the summer of 2017.
About Elion Partners
Elion Partners (www.ElionPartners.com) is a real estate investment firm focused on developing and acquiring quality commercial properties across multiple regions of the U.S., while delivering attractive risk-adjusted returns for its private and institutional investors. With more than 170 transactions valued in excess of $3.5 billion, Elion’s principals have successfully managed full-cycle investments across a variety of asset types, including industrial, office, retail, multifamily and mixed-use properties.
Kraus-Anderson (www.krausanderson.com) has transformed the American landscape for more than a century. Established in 1897, Kraus-Anderson provides strategic services including commercial real estate development and management, construction, equipment financing and risk management to clients nationwide. Kraus-Anderson is an EOE AA M/F/Vet/Disability employer.