🏬 University Place will launch UP Social on September 16, creating Chapel Hill’s first entertainment district.
🥂 Guests 21+ will be able to purchase alcoholic beverages from participating restaurants and carry them throughout designated areas of the development.
🍽️ Initial participants include bartaco, Silverspot Cinema, Stoney River Steakhouse and Hawkers Asian Street Food.
🛍️ The launch comes as University Place continues its redevelopment, with Barnes & Noble, Postino Wine Café, Bliss Nail Spa and HomeSense also planned.
📍 Similar concepts are already operating at Downtown Raleigh, Village District, North Hills and Southpoint.
CRE Takeaway:
Retail centers continue looking for ways to increase dwell time and create more of an experience around shopping and dining. For mixed-use and retail owners, programming like this can help strengthen the property as a destination.
#ChapelHill #CommercialRealEstate #CRE #RetailRealEstate #MixedUse #EconomicDevelopment #TriangleNC
https://www.newsobserver.com/news/business/article316988243.html
