Coconut Point mall adds national retailers as 17-year-old restaurant closes

The Estero outdoor mall announced two retailers will move into the center later this year days after a mainstay eatery announces it is closing.

By Louis Llovio
| 5:00 p.m. May 4, 2023
| 2 Free Articles Remaining!

Coconut Point in Estero is losing a longtime tenant as two national retailers announce they will move in.

Charlotte–Lee–Collier

Coconut Point is bringing on two more retailers.

The Estero shopping center has signed PGA Tour Superstore and Face Foundrié to its tenant roster. Both will open this fall and will join Cheesecake Factory, which is opening in December.

But the two wins are tempered with a loss. The Saloon, an eatery at the shopping center, announced on Facebook that the restaurant closed for good on April 30. The restaurant was owned by the Naples restaurant group Culinary Concepts. In the post, the company says it's operated at Coconut Point since 2006, first as Blue Water Bistro for 11 years and then as The Saloon starting in 2017.

The PGA store, which specializes in golf equipment and related merchandise, will be the chain’s 10th location in Florida.

As for Face Foundrié, the facial bar has more than 30 locations open or opening in the U.S. including seven in Florida. Stores in Sarasota near the Mall at University Town Center and in Naples on 8th Street South are already open. The company shows on its website that a location is coming to Tampa but gives no details on where or when it will open.

Coconut Point is an open air mall just off Interstate 75 with about 110 shops and restaurants, including Target, Barnes & Noble, Apple Store and Ruth’s Chris Steakhouse.

author

Louis Llovio

Louis Llovio is the commercial real estate editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.