Dave and Buster's preparing to open its fourth location in Phoenix metro

Dave and Buster's preparing to open its fourth location in Phoenix metro

Article Originally Posted by PhoenixBusinessJournal on February 24, 2023

Restaurant, bar and arcade concept Dave & Buster's Entertainment Inc. (Nasdaq: PLAY) is opening its fourth location in the Phoenix area and will hire 175 employees to help facilitate demand.

The Dallas-based company began constructing the 19,000-square-foot entertainment center in Vestar-owned Queen Creek Marketplace last summer. The new location is located at 21000 S. Ellsworth Loop Road in Queen Creek and is set to open on May 15.

“We are so excited to expand our presence in Arizona and open our first Dave & Buster's in Queen Creek,” General Manager Steve King said in a statement. “As Queen Creek's newest entertainment attraction, Dave & Buster's provides its employees a unique, fun-filled work environment, working alongside passionate teammates that are dedicated to providing a top-tier experience where guests eat, drink, play, and watch — all under one roof.”

Dave & Buster's will join notable tenants in Queen Creek Marketplace, such as Target, Kohl's, Harkins Theatres, Mountainside Fitness, Barrio Queen, and Trader Joe's.

Phoenix-based Vestar, a national retail developer, had a landmark year in 2022, leasing more than 1.1 million square feet of retail space, the company said. The company currently has 1.5 million square feet of retail space under development in Queen Creek, Peoria, Buckeye and Phoenix.

“Vestar had a strong 2022, and leasing continues to gain momentum portfolio-wide,” Vestar Executive Vice President Jeff Axtell said statement.“We had 96% of our portfolio leased in 2022 and expect that trend to continue.”

Two of Dave & Buster’s three other Valley locations are in Vestar centers — Tempe Marketplace and Desert Ridge Marketplace. The third is at the Westgate Entertainment District in Glendale.