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The Shoppes at Ryan Park Opens in Loudoun County

Posted on: Thursday, 19 October 2006, 18:00 CDT

WASHINGTON, Oct. 19 /PRNewswire/ -- Edens & Avant, one of the nation's leading private retail real estate companies, announced today the grand opening of The Shoppes at Ryan Park, a 100,000 square-foot neighborhood center in Loudoun County, Virginia, one of the fastest growing and most affluent counties in the nation.

The Shoppes at Ryan Park is located directly off the Dulles Greenway in Ashburn, VA, an area exploding with new development activity. The center is situated in the middle of Ryan Park Center, a mixed-use development consisting of The Home Depot, BeanTree Learning, a restaurant park and a 150,000 square- foot flex-office park projected to open early 2007. Additionally, Ryan Park Center is adjacent to Market Square at Loudoun Station, a 50-acre development that will one day operate as Ashburn's "New Downtown" and will include a future metro stop, up to 1,500 upscale condominiums and over 1 million square feet of Class-A office space.

"With the extensive development activity and exponential growth occurring around this site, The Shoppes at Ryan Park is consistent with our strategy to develop and own well-located projects," said Steve Boyle, Edens & Avant Vice President of Development in the Mid-Atlantic. "Giant Food's latest prototype will be attractive to residents living and moving into this market."

Giant Food opens October 20 with grand opening activities starting at 9:00 a.m. The 70,000 square-foot store features the company's latest format.

Giant's Executive Vice President and General Manager, Bill Holmes, commented, "We are very happy to showcase our new prototype store in Ashburn. The Ashburn Giant will offer our shoppers an exceptional selection of prepared foods, quality perishable and non-perishable products and a friendly staff dedicated to a high level of customer service."

Panera Bread opened at the center in August, and Divine Hair & Nail and Ryan Park Cleaners are currently open. Other retailers set to open on October 20 and in the coming weeks include

- Natural Body Day Spa - Cingular - Tropical Smoothie - Chipotle - Foster's Grille - Amvrosia Restaurant - The Winesmith

Edens & Avant develops, owns and operates neighborhood shopping places in primary markets throughout the East Coast. Focusing on innovative development and redevelopment together with key acquisitions in urban areas, the Company has built a portfolio of more than 170 retail centers in 18 states, including 22 in the Washington, DC area. Edens & Avant has Regional Headquarters in Boston, Washington, DC, Atlanta, Miami and Columbia, SC (Corporate Office). For additional information about the Company and its retail real estate portfolio, please visit http://www.edensandavant.com/.

Edens & Avant

CONTACT: Julie Culbreath, Director of Advertising and Public Relationsof Edens & Avant, +1-803-744-2446, or jculbreath@edensandavant.com

Web site: http://www.edensandavant.com/


Source: PRNewswire

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