Columbus, Ohio – (BUSINESS WIRE) – Washington Prime Group Inc. (NYSE: WPG) today announced that PopStroke, a family-focused, high-tech putting and entertainment experience, will open in late 2021 at the Waterford Lakes Town Center, in Orlando, Florida. PopStroke is owned by Tiger Woods and Greg Bartoli, with courses designed by Tiger Woods and TGR Design.
Construction is scheduled to begin later this month for two 18-hole courses. PopStroke will also include a restaurant and bar offering food, soft drinks, cocktails, wine, craft beer and ice cream enjoyed in the restaurant or ordered on the PopStroke app for delivery to the golf course. . There is a beer garden with outdoor games including ping pong and cornhole, as well as a dedicated events area with ample space for groups to host events.
“We’re extremely excited to open a PopStroke location in Orlando – bringing our unique putting and entertainment experience to the nation’s largest tourist market,” said Greg Bartoli, Founder of PopStroke. “PopStroke aims to bring friends and family together in a dynamic, fun and interactive environment and Waterford Lakes is the perfect place to do just that. We are also excited to partner with Washington Prime as we continue our rapid expansion throughout Florida and beyond. ”
With two current locations in Port St. Lucie and Fort Myers, Florida, and planned upcoming locations in Orlando, Sarasota, Tampa, Delray Beach, Houston, Glendale and Scottsdale, PopStroke offers a combination of golf, technology, food and beverage service. , family entertainment, and events.
Downtown Waterford Lakes is Orlando’s premier outdoor lifestyle hub, providing easy access to national retailers, local stores and a variety of restaurants. Entertainment abounds, and guests can stroll through more than five acres of lakes, fountains, and parks.
About PopStroke Entertainment Group
PopStroke is an experiential golf and casual dining concept fusing a dynamic and technologically advanced competitive golf environment with food and drink. Based in Jupiter, Florida, PopStroke has a dedicated team of experienced food, beverage and hospitality professionals. PopStroke offers a wide variety of craft beers, wines, ice cream and food at every location, while providing an interactive and competitive golf experience for all players. Founded in 2018 by Greg Bartoli, the company is co-owned by Tiger Woods with courses designed by TGR Design. Learn more about www.popstroke.com.
About Washington Prime Group
Washington Prime Group Inc. is a retail REIT and a recognized leader in the ownership, management, acquisition and development of commercial real estate. The Company combines a national real estate portfolio with its expertise across the shopping center industry to increase cash flow through rigorous asset management and provide new opportunities for growth-seeking retailers across the United States. .Washington Prime Group® is a registered trademark of the Company. Learn more about www.washingtonprime.com.
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 which represent the current expectations and beliefs of the management of Washington Prime Group Inc. (“WPG”) regarding the proposed transactions, the expected consequences and the benefits of transactions and the targeted closing date of transactions, and other future events and their potential effects on WPG, including, but not limited to, statements relating to expected financial and operational results, plans, Company goals, expectations and intentions, cost savings and other statements, including words such as “anticipate”, “believe”, “confident”, “plan”, “estimate”, “s ‘expect’, ‘intend’, ‘will’, ‘should’, ‘may,’ and the like. These statements are based on the current beliefs and expectations of WPG management, and involve risks, uncertainties and other known and unknown factors that may cause WPG’s actual results, performance or achievements to be materially different from those of future results, performance or achievements. expressed or implied by these forward-looking statements. These factors include, without limitation; the company has determined that there is significant doubt as to its ability to continue to operate; there can be no assurance that the Company will be able to reach an agreement in principle with respect to a restructuring, to comply with the terms of such an agreement or to complete a restructuring contemplated by it, which creates substantial doubt as to the ability of WPG to continue operating; the Company may seek bankruptcy court protection, which would subject it to the risks and uncertainties associated with bankruptcy and could harm the Company’s business and expose its shareholders to a significant risk of losing their entire investment in the bankruptcy. Society; the Company’s limited liquidity could have a material adverse effect on its business operations; changes in asset quality and credit risk; ability to support revenue and profit growth; changes in political, economic or market conditions in general and real estate and financial markets in particular; the impact of increased competition; the availability of capital and financing; bankruptcies of tenants or joint venture partners; the inability to increase store occupancy and comparable store operating income; risks associated with the acquisition, disposal, (re) development, expansion, rental and management of properties; changes in market rental rates; trends in the retail sector; relationships with key tenants; risks associated with the properties of joint ventures; maintenance costs of common areas; competitive market forces; the level and volatility of interest rates; the rate of increase in income relative to increases in expenditure; the financial stability of tenants in the retail sector; restrictions in or non-compliance with current funding agreements; the liquidity of real estate investments; the impact of changes in tax legislation and WPG’s tax positions; losses associated with closures, failures and shutdowns associated with the spread and proliferation of the coronavirus pandemic (COVID-19); to qualify as a real estate investment trust; the inability to refinance debt on favorable terms and conditions; loss of key personnel; material changes in dividend rates on securities or the ability to pay dividends on common stocks or other securities; possible restrictions on the ability to operate or transfer partially owned properties; inability to make profit / funds from operating goals or estimates; failure to achieve expected returns or returns on (re) development and investment properties (including joint ventures); expected gains on debt extinction; changes in generally accepted accounting principles or their interpretations; terrorist activities and international hostilities; the unfavorable resolution of legal or regulatory proceedings; the impact of future acquisitions and divestitures; assets liable to be subject to impairment charges; the significant costs associated with environmental problems; changes in LIBOR reporting practices or the method of determining LIBOR; and other risks and uncertainties, including those detailed from time to time in WPG’s periodic statements and reports filed with the Securities and Exchange Commission, including those described under “Risk Factors”. The forward-looking statements contained in this press release are qualified by these risk factors. Each statement speaks only as of the date of this press release and WPG does not undertake to update or revise any forward-looking statements to reflect new information, subsequent events or circumstances. Actual results may differ materially from current projections, expectations and plans, where applicable. Investors, potential investors and others should carefully consider these risks and uncertainties.