updated: 8/22/2012 8:20:14 AM

Orange Leaf Opening More Indy Locations

InsideINdianaBusiness.com Report

A pair of major Indianapolis developments will add popular frozen yogurt shops by the end of the year. Buckingham Companies says the Orange Leaf stores will open in The Avenue and CityWay properties downtown and it expects each store to employ 10-15 people.

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August 21, 2012

News Release

INDIANAPOLIS, Ind. - Orange Leaf Frozen Yogurt will set up shop at two of Buckingham Companies' most prominent Indianapolis properties: the highly anticipated CityWay at Delaware and South streets and The Avenue at 10th Street and Indiana Avenue.

Orange Leaf will occupy 1,941 square feet at CityWay and 1,942 square feet at The Avenue.

"With four stores opened nationally, three more planned for central Indiana, and our plans to open more than 100 Orange Leaf stores nationally in the next five years, we always want to choose the best locations for Orange Leaf," said Bil Potter, Chief Operating Officer of CCreations, LLC. "So we look for locations that are easy to get to, attract a lot of great customers and match our standard of quality."

"Buckingham's CityWay and The Avenue are the perfect fit for our customers, our stores and our first locations in downtown Indianapolis. These are both excellent properties, and we are especially excited about the walkability to both locations for many people who live, work and visit downtown," Potter added, noting that CCreations, LLC's subsidiary, Yummy Yogurt Indy, LLC, will operate the stores at CityWay and The Avenue.

Both stores are expected to open in the fourth quarter of 2012 in both Indianapolis locations.

Orange Leaf, a popular self-service frozen yogurt shop, is among the first restaurants to claim space at CityWay. At The Avenue, Orange Leaf joins tenants DiBella's, The Stacked Pickle, Which Wich, Moe’s and Sprint, leaving just a little more than 6,000 of available retail space.

"Leasing efforts are going well at both properties, and we're delighted to have Orange Leaf as a tenant our residents and visitors will enjoy," said Denise Kouril, Director of Commercial Real Estate for Buckingham Companies. "Quality retailers like Orange Leaf not only enhance our neighborhoods, but they also attract other great businesses. Everyone benefits.

"We expect to announce more retailers at CityWay in the near future."

Those interested in sampling Orange Leaf frozen yogurt and seeing the latest developments at CityWay can stop by CityWay's Discovery Center, 205 E. South St, at the southeast corner of Delaware and South streets from 11 a.m. to 7 p.m. Friday, August 24. Samples will be available while supplies last.

Please note: South Street is closed east of Delaware. Please enter from Alabama Street south of South Street by way of Henry Street east from Delaware or west from New Jersey.

About Buckingham Companies

Founded in 1984, Buckingham is a full service, fully integrated, real estate company that includes the development, acquisition, management and construction of a wide variety of property types including multifamily, student housing and mixed-use communities.

Buckingham manages nearly $1 billion of real estate assets for its own account, clients and institutional partners. More than 100 properties consisting of nearly 20 million square-feet of property and approximately 20,000 rental units nationwide comprise the managed portfolio.

About CityWay

CityWay, is a dynamic new 14-acre neighborhood in the heart of downtown Indianapolis that encompasses a 209-room art hotel, destination restaurants, a state-of-the-art YMCA, apartments and 40,000 square feet of retail and office space. With a pedestrian-friendly urban design, the mix of public spaces, offices, residential and retail will make CityWay an attractive place to work, play and live, and will serve as a catalyst for future development in the surrounding neighborhood. For more information, visit www.cityway.com.

About Orange Leaf

Orange Leaf Frozen Yogurt is a self-serve, choose-your-own-toppings frozen dessert chain with a healthy mix of company-owned stores and franchises from coast to coast. Orange Leaf’s pro-franchisee culture encourages owners to become a part of their community and provides them with the necessary ingredients for success. Orange Leaf offers a multitude of delicious, traditional and original flavors along with no sugar-added and dairy-free alternatives.

For more information and franchise opportunities, visit www.orangeleafyogurt.com, like Orange Leaf Frozen Yogurt on Facebook, or follow them on Twitter @myorangeleaf.

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