Press Release

Release Date: Oct 11, 2018

More Entertainment Options Coming to Crystal City

FOR IMMEDIATE RELEASE

More Entertainment Options Coming to Crystal City
Bowlero Signs Lease for New 44,000 Square Foot Venue on 23rd Street South

Crystal City (Arlington), Va., October 11, 2018 – Bowlero Corporation has signed a 44,000-square-foot lease in Crystal City, bringing a new entertainment venue to Northern Virginia in a market that is bustling with activity. Bowlero is Bowlero Corp’s rapidly expanding, millennial-inspired brand that features blacklight bowling lanes, laneside lounge seating, and interactive arcade all in a family friendly setting.

New York-based Bowlero signed a lease at The Buchanan, a 442-unit apartment building at 320 23rd Street South in Crystal City. Build-out will begin within the next month, and the venue is anticipated to open by mid-2019. Bowlero joins the Alamo Drafthouse Cinema, part of JBG SMITH’s Central District project that includes a specialty grocer and other retail, in bringing new creative destination retail experiences to Crystal City.

The announcement comes as Crystal City’s eclectic 23rd Street Restaurant Row sees a round of re-investment from independent small business entrepreneurs. Just a block from Bowlero’s future location, Federico Ristorante Italiano celebrated a grand opening after being acquired by long-time restaurateur and owner of Freddie’s Beach Bar & Restaurant a few doors up the street. Later this fall, local favorite Los Tios Grill, a Tex-Mex and Salvadoran restaurant, is also anticipated to open on the block.

“Local small businesses and experiential retailers alike clearly see the wealth of opportunities that the Crystal City area has to offer,” said Crystal City Business Improvement District Executive Director and President Tracy Gabriel. “The arrival of Bowlero and new restaurants are welcome additions to an evolving retail and entertainment landscape that speaks to the tremendous momentum driving the enhancement of the Crystal City experience.“

“The time is right for a tenant like Bowlero in this market,” said Nora Dweck-McMullen, Chief Operating Officer for Dweck Properties, the owner of The Buchanan. “Bowlero will be a perfect local spot for our tenants and the 32,000 residents in greater Crystal City, and will also draw visitors from elsewhere in Arlington County and around the region.”

These investments are part of the more than $2 billion of private investment planned for greater Crystal City over the next five years. An additional $3 billion of public investment will further improve transportation connectivity and walkability throughout the greater Crystal City area over the next decade.

The Crystal City BID has been highlighting the immensity of the transformation underway through its strategic planning process, called the Future Cities Project, which launched in April. The effort is rethinking the organization’s strategic priorities and forging the collective vision for the future of Crystal City, Pentagon City, and Potomac Yard – Arlington. The greater Crystal City area is Virginia’s largest downtown, similar in scale to the downtowns of Indianapolis and Austin.

Michael Patz and Steve Combs of KLNB represented Bowlero. Steve Gaudio of District Equities represented Dweck Properties.

View photos of Bowlero.

About the Crystal City Business Improvement District (BID)
The Crystal City Business Improvement District (BID) is a public-private partnership established to promote the vibrant Crystal City business, retail, restaurant and residential community. As Virginia’s largest downtown, the Crystal City, Pentagon City and Potomac Yard - Arlington area consists of 18.6 million square feet of office space in a mixed-use, walkable urban center that includes more than 32,000 residents, over 5,800 hotel rooms, and nearly 500 restaurants and shops. More than $342 million in public infrastructure investment and $2 billion of private projects are in the pipeline over the next five years. The BID is supporting the area’s exciting transformation through business development, placemaking, creative events, and strategic communications. For more information, visit www.crystalcity.org.

About Bowlero Corporation
Bowlero Corporation (formerly Bowlmor AMF) is the largest owner and operator of bowling centers in the world, with over 300 locations, including eight locations in Mexico and two in Canada, specializing in corporate and special events, as well as league and retail bowling. The company was created in 2013 following the merger of Bowlmor Lanes, an upscale bowling and entertainment company, and AMF Bowling Worldwide and continued its growth with the acquisition of Brunswick Corporation’s bowling center business in 2014. The company’s portfolio of bowling center brands includes Bowlero, Bowlmor Lanes, AMF Bowling Co., and Brunswick Zone. For more information, please visit BowleroCorp.com.

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Media Inquiries:
Tracy Gabriel
President/Executive Director
Crystal City Business Improvement District
gabriel@crystalcity.org
703-412-9430

Randy Ostrowe
VP of Real Estate
Bowlero Corp
rostrowe@bowlerocorp.com
973-768-9488