Xanadu Grabs First Tenants

EAST RUTHERFORD, NJ-Colony Capital has unveiled the list of initial tenant signings for the retail portion of Meadowlands Xanadu, the $2-billion, 4.8-million-sf retail and entertainment complex currently under construction around the Continental Airlines Arena here. The tenants, amounting to nearly half of the one-million-sf retail portion’s space, are a combination of previously announced tenants that had yet to be signed, and several new entries.

Largest of the incoming tenants are Cabela’s, which will open a 200,000-sf outdoor store, and Muvico, which will occupy nearly 200,000 sf with a 23-screen movie complex. Also in the entertainment category are AEG Live, with a 71,000-sf, 3,000-seat theater; Wannado City (60,000 sf); a Lucky Strike bowling complex (29,000 sf); and a MagiQuest game center (23,000 sf).

Others just signed include Forever 21, which will operate a 55,000-sf junior department store; Legoland Discovery Center (48,000 sf); and a Zeytinia Gourmet Market (24,000 sf). In the apparel category, the list includes Children’s Place (27,000 sf), Against All Odds (also 27,000 sf) and H&M (23,500 sf).