The Marcus Corporation Announces Sendik’s Food Market Will Open at The Corners of Brookfield
MILWAUKEE--(BUSINESS WIRE)--The Marcus Corporation (NYSE: MCS) today announced a Balistreri owned and operated Sendik’s Food Market will open in The Corners of Brookfield, the open-air, town-center-style development in the Town of Brookfield, Wis. The 32,000 square-foot, full-service grocery store will feature abundant covered parking at its front door. It will be located on the Bluemound Road side of the 19-acre site at the intersection of I-94, Barker Road and Bluemound Road at the main entrance to the shopping center.
“The entire project including both anchors, Von Maur and Sendik’s, and the retail stores and restaurants, will open in fall 2016”
“The Corners is an ideal location to serve the Waukesha County community,” said Ted Balistreri, one of the family co-owners of Sendik’s. “The site offers easy access for our guests from the Goerke’s Corners interchange, ample parking, and is sure to become a premier retail destination in southeastern Wisconsin. We look forward to working with The Marcus Corporation and the Town of Brookfield on this landmark development.”
Katie Falvey, director of real estate for The Marcus Corporation, said, “We are very pleased to partner with Sendik’s, which is hands down, our best-in-class local grocer. The Balistreri family has done an amazing job of building a local chain that is known for its fresh, high-quality food and specialty items, as well as its outstanding customer service. The new Sendik’s Food Market is a perfect fit with the high standard being set by the unique design and the popular retailers and restaurants at The Corners.”
Falvey said demolition of existing buildings on The Corners site is underway and construction commencement is currently planned for fall. “The entire project including both anchors, Von Maur and Sendik’s, and the retail stores and restaurants, will open in fall 2016,” said Falvey.
The Corners, a mixed-use, 460,000 square-foot development, includes Wisconsin’s first Von Maur department store and is one of the only ground-up, fashion-oriented open-air centers currently under development anywhere in the U.S. The project is expected to create 325 construction jobs for two years and over 1,000 permanent jobs once complete, including more than 100 full- and part-time Sendik’s associates.
Other nationally-known and popular local retailers already announced include Arhaus Furniture, Chico’s, Hot Mama, Kilwins and White House Black Market. Restaurants opening in The Corners include The Lowlands Group (Café Hollander), Colectivo Coffee and Grimaldi’s Pizza. The Corners also features 150 modern, luxury apartments and lofts. Milwaukee-based Mandel Group, Inc. is directing development of the residential component.
“As our current tenant list indicates, the vibrant mix of fashion, dining and living at The Corners resonates with first-to-market national retailers and restaurants as well as exceptional local retailers like Sendik’s. We are continuing to attract additional retailers who are drawn to this distinctive new regional destination,” said Falvey.
About Sendik’s Food Markets
Since 1926, the Balistreri family has been serving the greater Milwaukee community by combining quality food products with exceptional customer service. Their goal is to provide the best grocery shopping experience, period. Currently Sendik’s operates 12 stores throughout southeastern Wisconsin, including Elm Grove, Franklin, Germantown, Grafton, Greenfield, Hartland, Mequon, New Berlin, Wauwatosa, West Bend and Whitefish Bay, and a Sendik’s Fresh2GO store in Bayside. Learn more at www.sendiks.com.
About The Corners of Brookfield
Anchored by Wisconsin’s first Von Maur department store, The Corners is a mixed-use, 460,000 square-foot development in suburban Milwaukee that will be built on a 19-acre site at the intersection of I-94, Barker Road and Bluemound Road, the pre-eminent retail corridor in Wisconsin. The Corners will feature national specialty and fashion retail, along with best-in-class local and regional shops and restaurants and luxury apartments – all served by a unique single level of covered parking.
The Marcus Corporation will have an ownership interest in a joint venture that will build and operate The Corners. Final details of the joint venture structure and participants will be announced this summer. Additional development team partners include NAI MLG Commercial, Mandel Group, DDG Architects, Eppstein Uhen Architects, Kapur & Associates Engineers and Tri-North Builders.
About The Marcus Corporation
Headquartered in Milwaukee, Wisconsin, The Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. The Marcus Corporation’s theatre division, Marcus Theatres®, currently owns or manages 685 screens at 55 locations in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio. The company’s lodging division, Marcus® Hotels & Resorts, owns and/or manages 19 hotels, resorts and other properties in 10 states. For more information, please visit the company’s website at www.marcuscorp.com.
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