Contact: Jackie MacKay
(407) 841-8569

Andrew J. Groveman
Belz Enterprises
(901) 260-7278



Memphis, Tenn. (Jan. 6, 2005) - Two renowned, national brands soon will join downtown Memphis. Foot Locker, the world's leading retailer of athletic footwear and apparel, is slated to open at Peabody Place Entertainment and Retail Center in February 2005. Additionally, a 6,500-square-foot Hooters restaurant is scheduled to debut at 250 Peabody Place in spring 2005.

"We're very excited to formally welcome two top-notch venues to Peabody Place and downtown," said Andrew J. Groveman, senior vice president of Belz, owner and developer of Peabody Place Tower and Peabody Place Entertainment and Retail Center. "Foot Locker is one of the most recognized athletic retailers in the country. They've acknowledged the enormous growth in downtown, and we're thrilled that they've chosen Peabody Place as their new home."

The new 2,300-square-foot Foot Locker store will offer a large selection of athletic shoes and clothing, accessories, sports equipment and fan gear. Located on the first floor of Peabody Place Entertainment and Retail Center next to GAP, the new store will join such celebrated retail brands as Ann Taylor Loft, Victoria's Secret, Sunglass Hut and Hot Topic.

"Hooters, a nationally known restaurant and sports bar will serve as a great addition to the already strong entertainment venues that are located at Peabody Place, such as Jillian's, Isaac Hayes restaurant and nightclub, Muvico Theaters, Dan McGuinness and Texas de Brazil," added Groveman.

About Foot Locker
Foot Locker Inc. is the world's leading retailer of athletic footwear and apparel. Headquartered in New York City, it operates approximately 3,900 athletic retail stores in 17 countries in North America, Europe and Australia under the brand names: Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker and Champs Sports; as well as its direct-to-customer channels, Eastbay catalog and For more information, visit

About Hooters
Hooters of America Inc. is the Atlanta-based operator and franchiser of more than 359 Hooters locations in 43 states, Asia, Argentina, Aruba, Austria, Brazil, Canada, Chile, England, Guatemala, Mexico, Singapore, Switzerland, Taiwan and Venezuela. The privately held corporation owns 116 units. In 2003, the Hooters brand literally took to the skies with the launch of Hooters Air Airline. Hooters Air currently flies to eight cities in the United States and Bahamas, with plans to expand in the future. For more information, visit

About Belz
Headquartered in Memphis, Tenn., Belz is a leading innovator in real estate development with interests throughout the Southern United States, including Peabody Place Entertainment and Retail Center at 150 Peabody Place. Belz develops, owns and/or manages more than 30 million square feet of industrial/warehouse/distribution centers, shopping centers, office buildings, mixed-use centers and corporate campuses. The company also owns a group of premier hotels, including The Peabody Hotels in Memphis, Orlando and Little Rock. Additional information about Belz is available at