DALLAS (September 12, 2018) – Cypress Equities companies* (“Cypress”) announced that they have broken ground on “The Fort,” a vibrant food and beverage container park, building upon the latest wave of sustainable experiential retail, inclusive of community, culture and surroundings. The park will be located within the company’s Spanish Fort Town Center in Spanish Fort, Alabama just east of Mobile Bay.
The Fort will be composed of a configuration of approximately ten repurposed shipping containers situated within the mixed-use development’s Town Center Park. The containers will be transformed into individually operated and functioning retail and restaurant spaces that exude a rejuvenated, rustic identity. The container park merchants will share a common open-air environment where patrons sit, dine and enjoy themselves.
The Fort will be home to a number of eclectic eateries featuring an assortment of foods and treats, plus craft brews, wine and cocktails, as well as an adjacent performance space. Slated to operate within The Fort are:
Jake Szczepanski is leading the development of the Container Park program for Cypress. His previous experience as co-founder and former CEO of a formidable lifestyle brand lends itself extremely well to this new venture.
“I am excited to be involved in creating customer experience destinations such as ‘The Fort,’ as well as our other upcoming new projects. I look forward to building on the momentum of this emerging element of experiential retail within Cypress’s portfolio of destination-class retail properties," explained Szczepanski.
The Fort will be the first in a series of restaurant and retail-focused container parks that Cypress will develop across the country. These container parks will offer a unique dining, shopping and live entertainment experience designed to serve as a cutting-edge, new-age retail hub in select markets.
“Cypress is thrilled to be adding this new line of business to our key offerings in the realm of commercial real estate,” stated Chris Maguire, chief executive officer. “We are developing consumer-focused destinations that provide an unmatched experience and feature a unique local flare that guests will not find elsewhere.”
The Fort will celebrate its grand opening in November 2018 with a weekend full of fun family events, entertainment and excitement. More details will be available later this fall on the Container Park page of Spanish Fort Town Center’s website at https://spanishforttowncenter.com/container-park.
About Spanish Fort Town Center
Spanish Fort Town Center is a 448,748-square-foot, mixed-use retail property that encompasses 230 acres and is currently anchored by Bass Pro Shops, Kohl’s and JCPenney. Other merchants include Urban Air Adventure Park, Fairways Indoor Golf Club, Tots2Teens Fun Salon, Total Quality Logistics, Direct Furniture and Oishi Japanese Sushi Bar and Grill. Spanish Fort Town Center also features a 3.5-acre community park, Town Center Park.
About Cypress Equities
Cypress Equities* (Cypress) was founded in 1995 and has since established a national reputation synonymous with the premier development, operation and management of destination-class retail and mixed-use properties throughout the U.S. Historically, Cypress has developed and acquired more than 20 million square feet and currently is developing and managing a portfolio of more than 13 million square feet of space, primarily focused on retail and mixed-use properties. Today, there are five Cypress Equities offices throughout the U.S., including Dallas (headquarters), New York, San Francisco, Atlanta and Phoenix. Visit www.cypressequities.com for more information.
*The Cypress Equities name, logo and other marks are trademarks and service marks being licensed to independent operating companies by CE Brands, LLC. Any particular obligation, service or product is the sole responsibility of the specific entity that incurs such obligation or supplies such service or product.