Thursday, September 20, 2018

Topgolf eyes locations in Philadelphia & King of Prussia

Natalie Kostelni Reporter Philadelphia Business Journal
As Topgolf Entertainment Group readies to open its 48th location in Mount Laurel, N.J., the company is exploring adding locations in the region and is already eyeing sites in King of Prussia and Philadelphia, according to several sources.

The King of Prussia location would be on a property that has been used for years for the American Baptist Churches USA headquarters at 588 N. Gulph Road, according to people familiar with the plans. The site totals 48.5 acres and is well located at Gulph Road and First Avenue with nearby access to Route 422 and other major roadways.

The other location under consideration is the former Nabisco and Mondel─ôz International factory at 12000 Roosevelt Blvd. in Northeast Philadelphia. The 27-acre property is owned by a joint venture involving Provco Group of Villanova, Pa., Goodman Properties of Jenkintown, Pa., and MCB Real Estate of Baltimore, Md. They have plans for a multi-phased mixed-use development with the first phase set to include a Wawa convenience store and gas station.

The King of Prussia project is also being pursued by Provco Group and a representative from the real estate company declined to comment.

The Dallas-based company opened what it called its largest location in the world at the Ocean Resort Casino in Atlantic City earlier this year. Topgolf, which is in expansion mode, isn’t divulging much information about its future locations.

“As for Topgolf’s plans for King of Prussia, we are in the very early stages and I don’t have any info I can share at this time,” said Morgan Schaaf, a company spokeswoman. She also declined to comment on any other plans the company may have in the Philadelphia region.

Topgolf is part of a growing sports entertainment sector that is replacing parts of traditional retail.

In this case, Topgolf combines golfing, such as indoor driving ranges, with dining. It provides golf lessons as well as games, competitions as well as a venue for parties and events. Most of its facilities are 3-stories and total between 60,000 square feet and 65,000 square feet and employ several hundred people. The Mount Laurel Topgolf will employ 500 people whereas a facility in Pharr, Texas, will have 350 employees.
Full story: https://www.bizjournals.com/philadelphia/news/2018/09/20/topgolf-expansion-king-prussia-kop-northeast-phill.html
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