- Includes two 18-hole putting courses
designed by Tiger Woods and TGR Design - Guests can chose from a
full service restaurant and bar or delivery right on the course -
Provides unparalleled outdoor gathering place to entertain
colleagues, friends and family
Washington Prime Group Inc. (NYSE: WPG) today announced
PopStroke, a family-oriented, hi-tech putting and entertainment
experience, will open in late 2021 at Waterford Lakes Town Center,
in Orlando, Florida. PopStroke is owned by Tiger Woods and Greg
Bartoli, with courses designed by Tiger Woods and TGR Design.
Construction is expected to begin later this month for two
18-hole courses. PopStroke will also feature a restaurant and bar
offering food, soft drinks, cocktails, wine, craft beer and ice
cream enjoyed in the restaurant or ordered from the PopStroke App
to be delivered on the golf course. There is an outdoor beer garden
with outdoor games, including ping pong and cornhole, along with a
dedicated events space providing ample room for groups to host
events.
“We are extremely excited to open a PopStroke location in
Orlando – bringing our unique putting and entertainment experience
to the greatest tourism market in the country,” said Greg Bartoli,
PopStroke Founder. “PopStroke is about bringing friends and family
together in a dynamic, fun and interactive environment and
Waterford Lakes is the perfect location to do just that. We are
equally excited to partner with Washington Prime as we continue our
rapid expansion throughout Florida and beyond.”
With two current locations in Port St. Lucie and Fort Myers,
Florida, and upcoming locations planned in Orlando, Sarasota,
Tampa, Delray Beach, Houston, Glendale and Scottsdale, PopStroke
provides a combination of golf, technology, dining, family-fun, and
events.
Waterford Lakes Town Center is Orlando’s premier outdoor
lifestyle center offering easy access to national retailers, local
shops, and various restaurants. Entertainment abounds, and guests
can stroll through more than five acres of lakes, fountains, and
park-like settings.
About PopStroke Entertainment Group
PopStroke is an experiential golf and casual dining concept
merging a dynamic, technologically advanced competitive golf
environment with food and beverage. Headquartered in Jupiter,
Florida, PopStroke has a dedicated team of experienced
professionals in the food, beverage and hospitality fields.
PopStroke offers an expansive variety of craft beer, wine, ice
cream and food at every location, while delivering an interactive
and competitive golf experience for all players. Founded in 2018 by
Greg Bartoli, the company is co-owned by Tiger Woods with courses
designed by TGR Design. Learn more at www.popstroke.com.
About Washington Prime Group
Washington Prime Group Inc. is a retail REIT and a recognized
leader in the ownership, management, acquisition and development of
retail properties. The Company combines a national real estate
portfolio with its expertise across the entire shopping center
sector to increase cash flow through rigorous management of assets
and provide new opportunities to retailers looking for growth
throughout the U.S. Washington Prime Group® is a registered
trademark of the Company. Learn more at
www.washingtonprime.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of 1995
which represent the current expectations and beliefs of management
of Washington Prime Group Inc. (“WPG”) concerning the proposed
transactions, the anticipated consequences and benefits of the
transactions and the targeted close date for the transactions, and
other future events and their potential effects on WPG, including,
but not limited to, statements relating to anticipated financial
and operating results, the Company’s plans, objectives,
expectations and intentions, cost savings and other statements,
including words such as “anticipate,” “believe,” “confident,”
“plan,” “estimate,” “expect,” “intend,” “will,” “should,” “may,”
and other similar expressions. Such statements are based upon the
current beliefs and expectations of WPG’s management, and involve
known and unknown risks, uncertainties, and other factors which may
cause the actual results, performance, or achievements of WPG to be
materially different from future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include, without limitation; the Company
has determined that there is substantial doubt about its ability to
continue as a going concern; there is no assurance that the Company
will be able to reach an agreement in principle regarding a
restructuring, comply with the terms of any such agreement or
successfully complete a restructuring contemplated thereby,
creating substantial doubt about WPG’s ability to continue as a
going concern; the Company may seek the protection of a bankruptcy
court, which would subject it to the risks and uncertainties
associated with bankruptcy and may harm the Company’s business and
place its equity holders at significant risk of losing all of their
investment in the Company; the Company’s limited liquidity could
materially and adversely affect its business operations; changes in
asset quality and credit risk; ability to sustain revenue and
earnings growth; changes in political, economic or market
conditions generally and the real estate and capital markets
specifically; the impact of increased competition; the availability
of capital and financing; tenant or joint venture partner(s)
bankruptcies; the failure to increase store occupancy and
same-store operating income; risks associated with the acquisition,
disposition, (re)development, expansion, leasing and management of
properties; changes in market rental rates; trends in the retail
industry; relationships with anchor tenants; risks relating to
joint venture properties; costs of common area maintenance;
competitive market forces; the level and volatility of interest
rates; the rate of revenue increases as compared to expense
increases; the financial stability of tenants within the retail
industry; the restrictions in current financing arrangements or the
failure to comply with such arrangements; the liquidity of real
estate investments; the impact of changes to tax legislation and
WPG’s tax positions; losses associated with closures, failures and
stoppages associated with the spread and proliferation of the
coronavirus (COVID-19) pandemic; to qualify as a real estate
investment trust; the failure to refinance debt at favorable terms
and conditions; loss of key personnel; material changes in the
dividend rates on securities or the ability to pay dividends on
common shares or other securities; possible restrictions on the
ability to operate or dispose of any partially-owned properties;
the failure to achieve earnings/funds from operations targets or
estimates; the failure to achieve projected returns or yields on
(re)development and investment properties (including joint
ventures); expected gains on debt extinguishment; changes in
generally accepted accounting principles or interpretations
thereof; terrorist activities and international hostilities; the
unfavorable resolution of legal or regulatory proceedings; the
impact of future acquisitions and divestitures; assets that may be
subject to impairment charges; significant costs related to
environmental issues; changes in LIBOR reporting practices or the
method in which LIBOR is determined; and other risks and
uncertainties, including those detailed from time to time in WPG’s
statements and periodic reports filed with the Securities and
Exchange Commission, including those described under “Risk
Factors”. The forward-looking statements in this communication are
qualified by these risk factors. Each statement speaks only as of
the date of this press release and WPG undertakes no obligation to
update or revise any forward-looking statements to reflect new
information, subsequent events or circumstances. Actual results may
differ materially from current projections, expectations, and
plans, if any. Investors, potential investors and others should
give careful consideration to these risks and uncertainties.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210517005867/en/
Washington Prime Group: Media.Relations@washingtonprime.com
PopStroke: Melissa Sullivan, 561.203.7974, ext. 2 or
Melissa.Sullivan@popstroke.com
Washington Prime (NYSE:WPG)
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부터 10월(10) 2024 으로 11월(11) 2024
Washington Prime (NYSE:WPG)
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