Topgolf Expanding Again in Washington, D.C. Region, Announces Intent to Build on Prominent Matan I-270 Site in Germantown, MD
The global sports entertainment company plans three-level, 65,000-square-foot venue
WASHINGTON, Nov. 10, 2016 /PRNewswire/ — Global sports entertainment leader Topgolf® today announced Germantown as its third location planned in the Washington, D.C. region and its first in Maryland. Pending Montgomery County approval, Topgolf would begin construction on the 65,000-square-foot venue next fall with an expected opening in fall 2018.
“Building in Germantown presents an exciting opportunity for Topgolf to establish the first entertainment destination in upper Montgomery County,” said Topgolf Director of Real Estate Development Devin Charhon. “For 11 years, D.C. has been a top market for Topgolf, and as we look to expand in the area, Germantown is a natural fit. It’s a fast-growing community that offers easy access to D.C. and is frequently recognized as one of the best places to live and work. This location offers tremendous potential for Topgolf, and we are looking forward to serving this community in the near future.”
Topgolf is the only entertainment experience of its kind, offering fun golfing games for all ages and skill levels, paired with an outstanding chef-driven menu, top-shelf drinks, big screen TVs and music in climate-controlled suites for year-round comfort. Topgolf’s first U.S. location opened in Alexandria, Va. in 2005. The company opened an additional venue in Loudoun County, Va. last summer. The proposed Germantown site, owned by the Matan Companies, is located on Century Boulevard at the intersection of I-270 and Germantown Road.
“The recent opening of the Premium Outlets and now the Topgolf announcement represent a major shift in providing the residents and employees of northern Montgomery County a true live, work, play environment,” said Mark Matan of the Matan Companies. “This will ultimately translate into a better quality of life, more jobs and a reduction in the traffic load on I-270 headed toward the Beltway.”
The three-level venue – which would be open year-round – includes up to 3,000 square feet of private event space and 102 climate-controlled hitting bays that can host up to six players at one time. Nearly half of all Topgolf guests describe themselves as “non-golfers.”
“Topgolf’s first Maryland location will help us attract approximately 500,000 visitors each year and will be a welcome addition to the many recreational activities available throughout our state,” said Secretary of the Maryland Department of Commerce Mike Gill. “Golfers and non-golfers alike will be able to take advantage of this family friendly and climate-controlled venue, regardless of weather. Even more importantly, the operation will create jobs in our state and have a significant impact on Maryland’s economy, particularly as a new tourist attraction.”
In terms of economic impact, Topgolf Germantown would create approximately 300 temporary construction jobs and more than 500 full- and part-time jobs. Its economic output in Germantown alone is expected to be nearly $300 million over a 10-year-period, according to a third-party audit.
“I am excited that Topgolf is coming to the Germantown area, providing our residents of all ages a unique and fun recreational venue to enjoy together,” said Montgomery County Councilmember Craig Rice. “Additionally, it provides Montgomery County, especially in the Upcounty area, critically needed economic growth opportunity in the jobs it will create. I welcome Topgolf to Germantown and think it is the perfect location in Maryland for our families and residents to enjoy this unique entertainment experience.”
Residents can learn more about Topgolf and its progress in Germantown at www.topgolf.com or by following @Topgolf on Facebook, Twitter and Instagram.
About Matan Companies
Matan Companies, headquartered in Suburban Maryland, is one of the region’s premier commercial real estate services and development firms. Founded over 35 years ago on the principle of providing a comprehensive, full service approach, the firm’s current portfolio consists of over 6 million square feet of office/industrial assets, 3 million square feet in the development pipeline, several active residential developments, and a separate portfolio of multifamily units. The company delivers a full range of services to their real estate investors and tenants including asset and property management, leasing, and tenant services. For the latest news from Matan Companies please visit www.mataninc.com.
Topgolf is a global sports entertainment community creating the best times of your life. With 30 venues serving 12.2 million guests annually and the world’s largest digital golf audience, Topgolf has become a go-to destination for fun both in-venue and online. The Topgolf games can be enjoyed by all ages and skill levels, and the microchipped golf balls score themselves, providing players with instant feedback on each shot’s accuracy and distance. Each venue features climate-controlled hitting bays for year-round play, a chef-driven food and beverage menu, music and hundreds of HDTVs. Topgolf also brings interactive experiences to the community through its Topgolf U lessons, leagues, The Topgolf Tour, KidZone parties, social and corporate events and the World Golf Tour (WGT) Golf app. Topgolf’s media division creates advanced media content and cultivates partnerships and sponsorships that enhance the Topgolf fan experience. To learn more about Topgolf, follow @Topgolf or visit www.topgolf.com.