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***The massive Buffett-backed, retail-anchored development under construction in The Colony, Texas, called Grandscape, doesn’t offer a whole lot of places to shop yet.

Developers say that’s by design.

Instead of focusing on traditional retail anchors like department stores, two of Grandscape’s first large tenants to open will be geared toward entertainment that does not include shopping.

The $1.5 billion, 433-acre development will feature apartments, entertainment and retail. It’s being developed by Berkshire Hathaway-owned Nebraska Furniture Mart, which opened a store at Grandscape in 2015.

A flurry of construction is underway at the 90-acre lifestyle center as two major tenants are slated to open next year, said Jeff Lind, chief strategy and development officer at Nebraska Furniture Mart, who is heading up the project.

Galaxy Theatres, a deluxe 16-screen movie theater featuring a restaurant and bar, will open next May , Lind said. Joining it will be Andretti Indoor Karting & Games, which offers go-karting, bowling and arcade games.

Lind said retail shops aren’t meant to be the sole driver of traffic to Grandscape.

“Instead, we’re coming up with a formula where there’s hundreds of reasons to come to the development,” he said.

Already open are several restaurants, a Hampton Inn and a handful of park-like areas. Cigars International, an upscale cigar store, is slated to open later this year. Scheels sporting goods also has plans for a 331,000-square-foot store to open in April 2020, Lind said.

Now, he said, the center is focusing on securing ancillary retail shops, services and a residential component that will fill in between anchors. Developers are looking at unique retail tenants that may not have any stores in Texas or even in the United States, he said.

Many tenants are expected to open in 2020 and beyond. The center already has turned down more than 100 retailers who want to be part of the project, Lind said last year.

“We are in a very fortunate position to have the opportunity to look at building long-term value instead of short-term decisions that might not be best in the long term,” Lind said.

That attitude is driven by Warren Buffett, who is the key financial backer of Grandscape and has said he’s committed “unlimited financial resources” to the project.

The model to diversify the center is right in line with retail trends. Experts say consumers are spending less money on shopping and more on experiences, like dining out, traveling and entertainment.

Some traditional bricks-and-mortar retailers, on the other hand, have struggled. Department store chain Bon-Ton Stores, which operated as Younkers in the Omaha area, recently declared bankruptcy, along with a laundry list of other retail chains.

North Dallas, where The Colony is located, also is one of the fastest-growing areas of the country, retail experts have said.

Developers expect phase one’s completion in the coming years will ramp up even more interest from retailers and other tenants, Lind said.

“That will only add in the excitement and our ability to really get some very unique tenants and stay true to the vision,” he said.

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