Petrie Richardson Ventures (PRV) and Rockwood Capital, the owner developers of Ellsworth Place retail center in downtown Silver Spring announced today the opening of Dave & Buster’s at Ellsworth Place. The “Eat, Drink, Play and Watch” venue -- the company’s second in the region -- will be 40,980 square feet, making them the largest retail tenant at Ellsworth Place.
“Dave & Buster’s typifies how food, entertainment and socializing goes hand-in-hand with traditional retail—which will be especially fun during the holiday shopping season in a mall environment like Ellsworth Place,” said Terry Richardson, president and COO of PRV. “Especially in the holiday season, shoppers are looking for shared experiences that the whole family can enjoy.”
Shoppers’ interest in social and entertainment options like Dave and Buster’s is underscored by a recent large-scale survey by Petrie Richardson Ventures (PRV), owner-developer of both Ellsworth Place and Woodmore Towne Centre in Glenarden, MD. The survey reveals insights about the impending holiday shopping season and how the social and entertainment features of the retail environment motivate shoppers to visit “bricks and mortar” retail outlets rather than only purchasing online.
PRV’s Ellsworth Place, a 350,000-square-foot indoor retail center, recently fully leased its anchor tenants with Burlington Coat Factory, Not Your Average Joe’s, Guitar Center, Marshalls, Michaels, Ross and T.J.Maxx. In addition to gaming at Dave & Buster’s, Ellsworth Place’s future tenant Guitar Center plans on incorporating live in-store events. Most recently, Ellsworth place announced the openings of Rue 21, Kung Fu Tea and Shoe City, adding to the already wide range of retail options available to shoppers.
About Petrie Richardson Ventures
Petrie Richardson Ventures (PRV) is a retail developer in the Mid-Atlantic region with a national reputation for creating successful retail centers and exciting mixed-use properties. Chairman, Walt Petrie founded PRV in 2000 and the firm currently operates Ellsworth Place in Silver Spring, MD, and Woodmore Towne Centre in Glenarden, MD in JV partnerships with institutional capital partners. For more information, visit www.petrierichardson.com.
About Dave & Buster's Entertainment, Inc.
Founded in 1982 and headquartered in Dallas, Texas, Dave & Buster's Entertainment, Inc., is the owner and operator of 87 venues in North America that combine entertainment and dining and offer customers the opportunity to "Eat, Drink, Play and Watch," all in one location. Dave & Buster's offers a full menu of "Fun American New Gourmet" entrées and appetizers, a full selection of alcoholic and non-alcoholic beverages, and an extensive assortment of entertainment attractions centered around playing games and watching live sports and other televised events. Dave & Buster's currently has stores in 33 states and Canada.
