Visions for Vacancies: Portage Crossing Sparks New Interest in Old Ponderosa

Several franchise restaurants want to move into the former Ponderosa due, in part, to the incoming Portage Crossing development.

If all goes to plan, a well-known restaurant chain could soon take over the defunct Ponderosa on State Road.

According to a representative from MLE Enterprises, which owns the property, the prospective franchise may close the deal by as early as next month.

“We’ve had, well, quite a few restaurants interested in the space, and it’s just been a matter of choosing the best fit for the neighborhood,” said the rep who asked not to be named since the deal isn’t finalized.

Why all the interest in the old Ponderosa?

Now that has the green light, property surrounding the incoming development has become a hot commodity.

“Think of it as a chain reaction or a domino effect, especially given the announcement that has signed on to Portage Crossing,” said the MLE source.

Groundbreaking for Portage Crossing was slated for late June, but due to a deal restructuring, the new date has not yet been announced, according to the city's development director, Sue Truby.

The announcement on which popular franchise restaurant will take over Ponderosa may come by early August.

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Which franchise restaurant should MLE Enterprises choose? Tell us in the Comments!

Adam C. Miller July 19, 2012 at 03:13 PM
Carrabba's would be GREAT!
R. Helms July 19, 2012 at 04:05 PM
Johnnie Rockets!!
Rich W. July 19, 2012 at 09:56 PM
Chuck E Cheeses
Eric Hales July 19, 2012 at 11:11 PM
Noodles and Company.
Terry August 24, 2012 at 12:27 PM
It's a nice public relations statement but, MLE will go with the restaurant chain that makes the best monetary offer. I doubt that they're concerned about what's best for the area. I don't think anything too upscale will work at that end of State Rd. I HOPE for the best but am not overly optimistic.


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