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Marketfair Officially Breaks Ground on Complete Site Redevelopment March 14

Groundbreaking Ceremony to Celebrate Construction at the Marketfair Site

 
PRLog - Mar. 5, 2014 - FAYETTEVILLE, N.C. -- Marketfair is hosting an official groundbreaking event Friday, March 14 from 11:30 a.m. to 1 p.m. to mark construction progress on the complete site redevelopment of the old Marketfair Mall at 1916 Skibo Rd. in Fayetteville. The project will transform the old space into a modern, open-air shopping center with new, yet-to-be-announced restaurant and retail offerings. Community members are invited to attend the groundbreaking ceremony to help celebrate this construction milestone and learn more about the overall redevelopment.

During the event, Fayetteville officials and key project executives will ceremonially turn over the first shovels of dirt around 11:30 a.m. Fayetteville Mayor Nat Robertson will be onsite to help celebrate the occasion, and a representative for the redevelopment will share background information on the project. The event will include a light lunch, as well as an opportunity for attendees to get an up-close look at renderings that showcase the new shopping center design.

Sunbelt Ventures LLC is working in conjunction with Westport Capital Partners LLC on the Marketfair redevelopment project. They aim to provide Fayetteville residents with a fun new destination for shopping, dining and catching a movie. Current plaza tenants including Carmike Cinemas as well as Gander Mountain and H.H. Gregg are expected to remain as anchors of the shopping center and stay open throughout the construction process.

“Sunbelt Ventures is honored to be working with Westport Capital Partners LLC on the redevelopment of the Marketfair property and we’re thrilled to share this construction milestone with the Fayetteville community,” said Dusty Weiderhold, managing development member at Sunbelt Ventures. “We can’t wait to share awaited details on the construction process and timeline at the groundbreaking event, and look forward to introducing this new shopping center to residents once it’s complete.”

Grant-Murray Real Estate, a Fayetteville-based full-service commercial real estate firm, is leading the leasing of available new shop spaces within the property. The Marketfair site is in a prime location adjacent from Cross Creek Mall on the heavily traveled Skibo Rd. For additional leasing information, contact Patrick Murray at patrick@grantmurrayre.com.

Residents and community members interested in attending the Marketfair groundbreaking event can RSVP via email at Marketfair@boltpr.com.

About Marketfair

Sunbelt Ventures LLC is working in conjunction with Westport Capital Partners LLC on the complete redevelopment of the Marketfair property. The project includes transforming the mall space into a modern, open-air shopping center with various retail and restaurant offerings that aims to provide Fayetteville residents a fun new destination for shopping, dining and catching a movie. Current tenants Carmike Cinemas, Gander Mountain and H.H. Gregg are expected to remain as anchors of the shopping center and stay open throughout the construction process. Marketfair is owned by an entity owned by certain funds managed by Westport Capital Partners LLC and is managed by Sunbelt Ventures LLC. For more information, visit www.westportcp.com and www.sbvllc.net.

Media Contact
Nicole Kypraios
(919) 274-6370
***@boltpr.com

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Contact Email:
***@boltpr.com
Source:Marketfair
Location:Fayetteville - North Carolina - United States
Industry:Business, Retail
Tags:MarketFair, groundbreaking, redevelopment
Shortcut:prlog.org/12291168
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