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July 07, 2015

Popular Dave & Buster's franchise may be heading to Lynnwood

The Everett Herald

Jim Davis

LYNNWOOD - Is a Dave & Buster's coming to Lynnwood?

Apparently, but getting details is proving difficult.

The popular franchise business combines a restaurant, sports bar and arcade and uses the slogan "Eat. Drink. Play." It's a kind of a Chuck E. Cheese with beer.

The Dallas, Texas-based chain started in 1982 and has opened more than 70 restaurants around the country and in Canada. But none in Washington.

"Our goal is to open four new stores every year, so if we haven't made it to your city yet, just wait!" according to the company's website. Twentysomethings in Snohomish County may not have to wait much longer.

Seattle commercial real estate firm Kidder Mathews is leasing space in the Lynnwood Place development next to Alderwood mall along 184th Street SW, the former Lynnwood High School site. The first phase of the development includes a Costco, which is due to open in August.

In the second phase, Kidder Mathews is looking to lease 89,500 square feet of retail, restaurant and entertainment space. Here's the Dave & Buster's connection: Kidder Mathews is advertising on its website that Dave & Buster's will occupy 40,000 square feet of the second phase.

Construction on the second phase is scheduled for later this year with "mid-2016 delivery," according to the flier. It will also include 330 apartments and 1,040 parking stalls.

The leasing agent for Kidder Mathews referred questions to Cypress Equities, the Dallas, Texas-based developer.

Michael Wheat, managing director of leasing and marketing for Cypress Equities, did not return multiple phone calls over several weeks. Cypress Equities' website displays a Kidder Mathews flier that says a Dave & Buster's is coming to Lynnwood.

Dave & Buster's vice president of marketing, April Spearman, also did not return phone calls over several weeks. Others at the company also did not respond.

Lynnwood economic development director David Kleitsch said that Cypress Equities hasn't informed them that a Dave & Buster's is coming to Lynnwood Place.

Cypress Equities and Dave & Buster's do have a relationship, more than just being headquartered in the same town.

In May, Cypress Equities announced in a press release "following significant speculation throughout the trade area, Cypress may now confirm that Dave & Buster's is coming to Basset Place" in El Paso, Texas.

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