CBRE announced that Play Street Museum will make its Colorado debut at the Nor’wood Shopping Center, located at 7075 Austin Bluffs Parkway. The children’s museum is leasing 3,039 square feet at the Safeway-anchored retail center with plans to open its doors in the second quarter of 2019. Whitney Johnson with CBRE’s Retail Services in Colorado Springs represented Play Street Museum in the lease.
“This is a real win-win for all parties involved. Play Street Museum gets to join a vibrant retail center in a convenient, fast-growing north metro location, while Colorado Springs gets to fill an important void in our community,” said Johnson.
Play Street Museum is an interactive, small-format children’s museum targeting kids ages 8 and under and designed to foster a child’s sense of independence and creativity. The brand was recently named one of USA Today’s top 10 awesome museums for families to explore in the Dallas area. Play Street Museum’s current locations span Texas and Missouri with the Colorado Springs museum representing the company’s first foray into Colorado.
“Christy and I are excited to introduce Play Street Museum to the Colorado Springs community! We feel so blessed to be able to begin a new season in our life living, working and connecting with our neighbors and look forward to introducing the Springs to America’s premiere, small-scale museum for little ones,” said Russell Ballinger, owner and operator of the Play Street Museum Colorado Springs franchise, along with his wife, Christy.
Nor’wood Shopping Center’s tenant roster includes a mix of food, service and fitness offerings including Anytime Fitness, Papa Murphy’s, Great Clips, Subway, Grease Monkey and Nail Perfection. The center is owned and operated by Phillips Edison & Company, Inc., an internally-managed REIT and one of the largest owners and operators of grocery-anchored shopping centers in the U.S. With the addition of Play Street Museum, Nor’wood Shopping Center is now fully leased.
“As a company, our ultimate goal is to fill our shopping centers with businesses that will benefit the community,” said Marissa Visconsi, Senior Leasing Professional with Phillips Edison & Company. “We’re excited to see the addition of Play Street Museum strengthen the family-friendly atmosphere of Nor’wood Shopping Center, and provide another service to the residents of Colorado Springs.”
“Nor’wood Shopping Center is a great example of how the retail industry is evolving. Savvy shopping center owners today are seeking a mix of tenants to fill their space, including e-commerce-resistant food and service offerings and unique entertainment concepts like Play Street Museum. It’s a strategic way to create a retail destination that appeals to a variety of consumers and provides daily customer needs,” added Johnson.
Upon opening, Play Street Museum plans to offer open play hours Monday through Friday with evenings and weekends available to reserve for parties and special events. For more information, visit Play Street Museum Colorado Springs on Facebook.
