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3rd quarter 2008           


The Pavilion at Port Orange to set new shopping standard

Shoppers throughout the region may feel excitement in the air as plans take shape for The Pavilion at Port Orange, a 550,000-square foot shopping complex that’s under construction. Opening is scheduled for fall, 2009.

“This is an exciting addition to our community and to our region,” said Wayne Clark, director of community development for Port Orange.

The Pavilion is a joint-venture between two veterans of such projects—CBL and Associates Properties of Chattanooga, and the Benchmark Group of Amherst, New York.

The Pavilion at Port Orange will offer customers a unique shopping experience with Main Street-style architecture, two-story themed buildings and extensive landscaping in an open-air, pedestrian-friendly environment.

A focal point of the development will be a seven-acre lake surrounded by numerous upscale restaurants overlooking the water. The lifestyle center also will feature a community pavilion along the lake that will serve as a gathering place for residents and tourists, and a covered children’s soft play area. Curbside parking will provide
customers with easy and convenient access to the shops.

While the roster of tenants is still being formed, The Pavilion at Port Orange is expected to feature a Belk department store, Marshall’s department store, Circuit City, Home goods, Barnes & Noble, Joseph A. Bank Clothiers, Red Robin Gourmet Burgers, Olive Garden, Bonefish Restaurant, Longhorn Steakhouse, Cold Stone Creamery and many other familiar establishments. Among them is a state-of-the-art Hollywood Theater multiplex theater with 14 screens, stadium seating and full digital technology.

The Pavilion at Port Orange is on 73 acres at the northwest corner of I-95 at Taylor Road. Williamson Boulevard also will serve as the main access point to the center.
The Pavilion at Port Orange will be situated in the retail hub of the market area, which draws from a strong demographic base in Port Orange, New Smyrna Beach, Edgewater and southern Volusia County.

CBL owns or manages four regional malls and open-air centers in Florida including Volusia Mall in Daytona Beach, Gulf Coast Town Center in Fort Myers, Panama City Mall in Panama City, and Lakeshore Mall in Sebring.

The company is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 130 properties, including 79 regional malls and open-air centers in 26 states.

“We are excited to partner with the Benchmark Group on The Pavilion at Port Orange,” said Stephen Lebovitz, president of CBL & Associates Properties Inc. “The Benchmark Group’s level of expertise and professionalism is an asset to this development and we value this partnership.”

The Benchmark Group is a family-owned real estate development, acquisition and management company whose roots date back to the late 1960s with the development of one of the country’s first enclosed regional malls in Amherst. Today, the company’s portfolio is valued at approximately $1 billion and includes retail, office and multi-family residential in 12 states with its most extensive holdings in New York, Ohio and Florida.

“CBL is a leader in the shopping center industry and we look forward to working with them on The Pavilion at Port Orange,” said Martin Dellebovi, vice president of development for the Benchmark Group. “This development will introduce several
new upscale retailers, restaurants and a movie theater to the market. The architecture will include artistic use of wood, stucco, verandas and shutters reminiscent of classic Florida style.”


Department of Economic Development
700 Catalina Drive, Suite 200, Daytona Beach, FL 32114
Telephone:
386-248-8048   FAX: 386 238-4761   Toll Free: 800-554-3801

Phil Ehlinger
Director

doed@volusia.org