The Terrace

CBL Properties Announces Addition of Crunch Fitness and Three New Restaurants at Hamilton Place in Chattanooga, Tennessee

Retrieved on: 
Thursday, June 15, 2023

CBL Properties (NYSE:CBL) today announced exciting additions to the Hamilton Place complex in Chattanooga, Tennessee.

Key Points: 
  • CBL Properties (NYSE:CBL) today announced exciting additions to the Hamilton Place complex in Chattanooga, Tennessee.
  • Crunch Fitness will occupy approximately 35,000 square feet on the upper level of the former Sears next to Dave & Busters.
  • In addition, Texas Roadhouse and two popular local restaurants, Taco Mamacita and Community Pie will open on the Hamilton Place campus in the coming year.
  • “I am thrilled to announce the addition of Crunch Fitness and three new dining options to the Hamilton Place campus,” said Stephen Lebovitz, chief executive officer, CBL Properties.

Nordstrom Rack Sets Opening Date at The Terrace at Hamilton Place in Chattanooga, Tennessee

Retrieved on: 
Thursday, March 30, 2023

The 24,000 square-foot store will be Nordstrom Rack’s third location in the state and the fourth Nordstrom concept in Tennessee.

Key Points: 
  • The 24,000 square-foot store will be Nordstrom Rack’s third location in the state and the fourth Nordstrom concept in Tennessee.
  • “We are thrilled to celebrate the opening of Nordstrom Rack at The Terrace at Hamilton Place,” said Stephen Lebovitz, chief executive officer, CBL Properties.
  • “Nordstrom Rack is a perfect complement to the existing tenant mix at Hamilton Place and the surrounding campus.
  • Nordstrom Rack is located at 2100 Hamilton Place Boulevard next to Ulta Beauty, Academy Sports + Outdoors, DSW, and Old Navy.

CBL Properties Announces New $65 Million Secured Financing and Anticipated Partial Redemption of 10% Senior Secured Notes

Retrieved on: 
Tuesday, April 26, 2022

CBL Properties (NYSE: CBL) today announced that it has entered into a term sheet for a new $65.0 million non-recourse loan.

Key Points: 
  • CBL Properties (NYSE: CBL) today announced that it has entered into a term sheet for a new $65.0 million non-recourse loan.
  • CBL also announced a partial redemption of outstanding 10% Senior Secured Notes utilizing its share of net proceeds from the new financing and available cash.
  • The Redemption is conditioned upon the receipt by the Issuer of net cash proceeds from the new financing.
  • Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities.

THE LEELA PALACES, HOTELS AND RESORTS EXPANDS FOOTPRINT IN SOUTH INDIA WITH THE SIGNING OF THE LEELA KOVALAM, A RAVIZ HOTEL AND THE LEELA ASHTAMUDI, A RAVIZ HOTEL IN KERALA

Retrieved on: 
Friday, March 25, 2022

MUMBAI, India, March 25, 2022 /PRNewswire/ -- The Leela Palaces, Hotels and Resorts today announced the signing of a management agreement for two properties, The Leela Kovalam, a Raviz Hotel and The Leela Ashtamudi, a Raviz Hotel in Kerala, expanding its footprint in South India and fortifying the brand's resort portfolio. The Leela Kovalam, a Raviz Hotel returns to The Leela portfolio after three years while The Leela Ashtamudi, a Raviz Hotel will be a significant new addition to the brand portfolio to complete the much sought-after and serenely beautiful Kerala itinerary.

Key Points: 
  • The two resorts complement each other and define two very distinctive and unique experiences that showcase the best of Kerala.
  • An authentic backwater resort, The Leela Ashtamudi, a Raviz Hotel reflects traditional Nlukettu architecture capturing glimpses of Kerala's heritage.
  • In 2021 The Leela opened 3 hotels, The Leela Palace Jaipur, The Leela Gandhinagar and The Leela Bhartiya City Bengaluru adding 799 keys.
  • The brand has a marketing alliance with US-based Preferred Hotels & Resorts and is a member of the Global Hotel Alliance.

THE LEELA PALACES, HOTELS AND RESORTS EXPANDS FOOTPRINT IN SOUTH INDIA WITH THE SIGNING OF THE LEELA KOVALAM, A RAVIZ HOTEL AND THE LEELA ASHTAMUDI, A RAVIZ HOTEL IN KERALA

Retrieved on: 
Friday, March 25, 2022

MUMBAI, India, March 25, 2022 /PRNewswire/ -- The Leela Palaces, Hotels and Resorts today announced the signing of a management agreement for two properties, The Leela Kovalam, a Raviz Hotel and The Leela Ashtamudi, a Raviz Hotel in Kerala, expanding its footprint in South India and fortifying the brand's resort portfolio. The Leela Kovalam, a Raviz Hotel returns to The Leela portfolio after three years while The Leela Ashtamudi, a Raviz Hotel will be a significant new addition to the brand portfolio to complete the much sought-after and serenely beautiful Kerala itinerary.

Key Points: 
  • The two resorts complement each other and define two very distinctive and unique experiences that showcase the best of Kerala.
  • The coming together of Raviz and Leela will create a synergy that can propel the State to the centre stage of the global tourism network.
  • In 2021 The Leela opened 3 hotels, The Leela Palace Jaipur, The Leela Gandhinagar and The Leela Bhartiya City Bengaluru adding 799 keys.
  • The brand has a marketing alliance with US-based Preferred Hotels & Resorts and is a member of the Global Hotel Alliance.