FOR IMMEDIATE RELEASE: February 28, 2005	CONTACTS: Nancy McCann 216-416-3004 nancymccann@forestcity.net Leslie Resnik 216-373-8314 lresnik@liggett.com
FOLEY’S, SUPER TARGET ADDED TO NORTHFIELD AT STAPLETON ROSTER
A 140,000-square-foot Foley’s and an 180,000-square-foot Super Target will join a 180,000-square-foot Bass Pro Shops Outdoor World and an 18-screen, 87,000-square-foot, state-of-the-art Harkins Theatre Megaplex to anchor NORTHFIELD Stapleton. Phase I of the regional 1.2-million-square-foot lifestyle, entertainment, retail center, which includes Bass Pro and Super Target,is scheduled to open in late 2005. Foley’s will be part of Phase II, which includes the Harkins Theatres, scheduled to open in 2006. Construction of Foley’s two-level store will begin in the fall. The store will feature brighter, more contemporary architecture; an open floor plan with easy access to merchandise; and movable perimeter walls that quickly change to enhance merchandise displays and showcase multiple outfit options. It is specifically designed to respond to the growth of suburban off-mall “lifestyle” centers and the customer’s desire for more convenient shopping. “This site will represent Foley’s 13th location in Colorado. It is important for us to have a presence at Stapleton, the newest and most rapidly growing community in Denver,” said Drew Pickman, president and chief executive officer of Foley's. “This is a young, family- oriented neighborhood and we are happy to be here.” The store will offer customers merchandise assortments that meet their needs regardless of age or lifestyle, while continuing Foley’s long-standing tradition of providing superior quality, value, and service. The merchandising mix will include apparel for women, men, teens, and children, as well as accessories, cosmetics and an extensive collection of merchandise for the home including textiles, small electrics and cookware. NORTHFIELD Stapleton will be Stapleton’s second Town Center/Regional Retail Center. It is located just north of I-70 at Quebec Street and will be the first "Power Town" in Colorado combining major anchor stores, specialty shops, restaurants and entertainment in an outdoor setting. “NORTHFIELD Stapleton will provide gathering places for everyone to enjoy,” said Brian Jones, president, Forest City West, developer of the property. “The pedestrian-friendly Main Street will become a community hub where residents can gather with friends and family to shop, dine, and relax,” he said Bass Pro Shops unique, award-winning, mega size outdoor stores are known for combining retail with entertainment, conservation and outdoor education. Their 26 destination retail stores across America attract over 75 million people annually. This is the first Colorado store. More than just a fishing and hunting store, Bass Pro Shops will also offer equipment and clothing for hiking, backpacking, canoeing, kayaking, wildlife viewing, camping, outdoor cooking and more. A gift and nature center will also serve up a wide variety of outdoor- related items from lamps and dishes to bird feeders and cabin-style furniture and decor. The outdoor feel is brought indoors through massive log and rock work, large indoor aquariums and water features stocked with native fish species, artistic murals depicting local outdoor scenes, as well as an extensive collection of museum quality fish and wildlife mounts. Historic photos and exhibits will pay tribute to the areas great outdoor heritage. The NORTHFIELD Harkins Theatre, the first outside of its Arizona home base, will feature several of the company’s signature amenities. These include Harkins Ultimate Rockers, which are high back rocking loveseats; extra large curved, wall-to-wall screens; state-of-the-art digital sound technology; a gourmet snack bar including an expanded hot foods menu; convenient ticketing via phone, internet and on-site kiosks; the Harkins Child Play Center, a safe, secure and entertaining experience for children ages 3 to 8; and the Harkins Cine Capri, a movie auditorium which boasts seating for 600, an enormous 70x30-foot screen with 150 speakers delivering more than 40,000 watts of digital sound. Harkins Theatres, founded in 1933, is a privately owned, Tempe, Arizona-based company, which owns and operates 251 screens at 21 theaters in Arizona. “The population in NorthField at Stapleton’s trade area is 567,000 with an average income topping $56,000,” said Jones. “Additionally, 1.2 million people reside within 20 minutes of Stapleton. These demographics indicate a need for the kind of retail we are bringing to the area. With 12,000 residences at build out and 10 million square feet of office space, Stapleton will demand the kind of shopping and entertainment that we are bringing to the area,” he said. Stapleton is a tapestry of homes, shops, offices, parks and schools in a walkable community. There are currently close to 1,000 occupied residences, two retail centers,two completed schools, approximately 129 acres of new parks and open space and 34,000 square feet of offices in the East 29th Avenue Town Center. Forest City West, developing in the west since 1969, is the developer of Stapleton, Saddle Rock Village in Aurora, Colorado, opening its first phase this year, and the The Orchard at Westminster, a lifestyle center in Westminster, Colorado. Forest City West is a division of Forest City Enterprises, Inc., a $7.2-billion, NYSE-listed real estate company headquartered in Cleveland, Ohio. The Company is principally engaged in the ownership, development, acquisition and management of commercial and residential real estate throughout the United States. The Company's portfolio includes interests in retail centers, apartment communities, office buildings and hotels in 21 states and the District of Columbia. For more information, see www.forestcity.net. ###