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NBA City Eyes Big Apple for Second Restaurant

ORLANDO-The New York location could open in the first quarter at an estimated preliminary development cost of $5 million. The NBA won't receive a share of the operating revenue until the restaurant is profitable.

By Alex Finkelstein | Updated on November 22, 2000

ORLANDO-Minneapolis real estate developer Ralph Burnet hopes to add New York as a second NBA City basketball-themed restaurant destination early next year and eventually plans to debut an outlet in Asia. The estimated preliminary development cost of the New York venture is $5 million, construction industry estimators familiar with comparable projects tell GlobeSt.com.

National Basketball Association commissioner David Stern confirmed the plans during a visit to the 275-seat, 17,000-sf NBA City restaurant located at Universal Orlando’s CityWalk attraction. The Orlando restaurant’s operation would be used as a prototype for the New York establishment.

Global expansion plans were scrubbed last year after Hard Rock Café International bowed out as an NBA City partner. NBA City opened in September 1999. Gross revenue figures to date have not been disclosed.

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