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Shops and eateries to replace North Carolina cinema

Entertainment and dining are the current bywords of brick-and-mortar retail, and one will be replacing the other in a remake of a center in Asheville, North Carolina.

Taking shape on the site of a closed UA Theater across from Asheville Mall off of Interstate 240 is The Peaks, which will cater to locals’ palates with a tenant lineup including Chipotle Grill, Rise Biscuits & Donuts, and Panera Bread.

When it opens next June, The Peaks will consist of 12 restaurants and shops totaling 33,517 sq. ft. of space. Owner United Development reports that the center’s design will be in “contemporary mountain style” employing natural material finishes.

Storefronts will face out on both sides of the center to activate the street with a pedestrian-oriented design, and plaza space will be provided for outdoor dining with views of the Blue Ridge Mountains.

“The Peaks has been well-thought-out to fit right in with the distinctive lifestyle and character of the community and its beautiful surroundings,” said United Development CEO Biff McGuire in a press release.

United Development’s current portfolio has a worth exceeding $100 million, the Southlake, Texas-based company reports.

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