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Monday, August 15, 2016

Marco's Pizza Signs Lease at Newport Plaza

Marco's Pizza will open in the old Pizza Hut Express location at Newport Plaza I. FTM file. 
After little turnover in the Newport Plaza I in the first decades since being built, there has been more movement in the commercial strip off of Carothers Road recently.

American Diversified Development, which owns Newport Plaza I and Newport Shopping Center I and II, told Fort Thomas Matters in January that Pizza Hut's corporate offices decided not to renew their lease in the end cap of the development.

Pizza Hut had been renting that space since 1992.

Jaimie Niemczura, Real Estate Manager for American Diversified Development, told FTM in January that there had been a lot of interest in the space.

Now it seems like the space is no longer available.
This is an advertisement. Barre3 Ft. Thomas. 

Marco's Pizza has signed a lease for the property. Construction is ongoing and according to construction crews on site, they hope to complete that phase by the end of September 2016.

Headquartered in Toledo, Ohio, Marco’s Pizza has grown from its roots in Ohio to operate more than 700 stores in 35 states, and the Bahamas, India and Puerto Rico.  In 2015 Marco's was voted number three by Consumer Reports for fastest growing franchises.

According to a media release, Marco's Pizza hopes to have opened 1,000 stores by the end of 2017.

There are stores located in Bellevue on Fairfield Ave., in Taylor Mill and on Edwards Road in Norwood.

Pizza Hut joined longtime tenants, Blockbuster Video and Star Computers to close, after being neighboring tenants in the Newport Plaza for years. JalapeƱo Express, which was owned by the same ownership group who owns Rio Grande in the same development, had a brief stay in the opposite end cap space of Pizza Hut in the aforementioned Blockbuster, before clearing way for Hot Head Burrito.

FTM file. 

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