CLEVELAND – April 23, 2015 – Jacobs Real Estate Services (JRES) announced today that Cabela’s, a leading outdoor sporting goods retailer, will be opening a store in Avon. JRES will be the developer.

Cabela’s expects construction on the 81,000-square-foot store to begin later this year, and anticipates a fall 2016 opening. It will be located off Exit 153 of Interstate 90 near Chester Road.

“We are excited to be bringing a Cabela’s store to a flourishing community like Avon,” said James Eppele, executive vice president at JRES. “With close proximity to the interstate, it will be easily accessible to outdoor enthusiasts throughout Northern Ohio.”

Cabela’s expects to employ approximately 225 full-time, part-time and seasonal employees at the store. Upon opening, it will become the fourth Cabela’s store in Ohio, joining the Columbus location that opened in 2013, the West Chester store scheduled to open this fall and the Centerville store expected to open in spring 2016.

The Avon location will be built in Cabela’s new-format layout, designed to offer customers an immersive outdoor experience with log construction, stonework, a mountain replica, aquarium, dozens of wildlife displays and taxidermy mounts, hand-painted murals, vintage outdoor photos and an indoor archery range.

Additionally, the store will include a cafe, fudge shop, boat shop, gun library, bargain cave and Cabela’s Wildlife and Land Management product offering, along with thousands of quality outdoor products.

“Cabela’s has been interested in Northern Ohio and the Greater Cleveland area for some time now, and we’re absolutely thrilled to announce this location in Avon,” said Tommy Millner, chief executive officer at Cabela’s. “Ohio has proven to be a state full of outdoor enthusiasts, and full of loyal Cabela’s customers. Now Cabela’s will have a fourth conveniently located store to serve Ohioans and help them enjoy their time outdoors.”

Cabela’s currently operates 67 stores across North America and has announced plans to open an additional 19.

About Cabela’s Incorporated

Cabela’s Incorporated, headquartered in Sidney, Nebraska, is a leading specialty retailer, and the world’s largest direct marketer, of hunting, fishing, camping and related outdoor merchandise. Since the Company’s founding in 1961, Cabela’s^® has grown to become one of the most well-known outdoor recreation brands in the world, and has long been recognized as the World’s Foremost Outfitter^®. Through Cabela’s growing number of retail stores and its well-established direct business, it offers a wide and distinctive selection of high-quality outdoor products at competitive prices while providing superior customer service. Cabela’s also issues the Cabela’s CLUB^® Visa credit card, which serves as its primary customer loyalty rewards program.

About Jacobs Real Estate Services LLC

Jacobs Real Estate Services provides comprehensive brokerage, leasing and management services for owners of office buildings, specialized-use facilities and mixed-use developments. It is an independent affiliate of The Richard E. Jacobs Group, one of the nation’s premier developers of commercial real estate with more than 50 years of experience. For more information, visit www.jresgroup.com.

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CLEVELAND – Dec. 20, 2012 – A new interchange opened today on Interstate 90 at Nagel Road in Avon, Ohio, with the support of The Richard E. Jacobs Group (Jacobs Group), one of the country’s leading commercial real estate developers.

“The Jacobs Group is proud to have partnered with the City of Avon, Ohio Department of Transportation, the Cleveland Clinic and others to see this interchange come to fruition,” said James Eppele, executive vice president. “What’s particularly impressive is the close collaboration among all involved to complete the new interchange some seven to nine months ahead of schedule.”

The $27 million project was financed by the city, in part, through Tax Incremental Financing, along with the Jacobs Group providing one-third of the funding. It is believed to be the first interchange in Ohio to be privately financed.

“Certainly this is about traffic, but just as big an element of this project is economic development,” said Avon Mayor James Smith.

Per traffic simulations, the interchange is expected to reduce traffic volume on State Route 83 by 35 percent and Crocker-Bassett Road by 18 percent.

The Jacobs Group owns roughly 300 acres of land near the new interchange, which it has already developed with the Cleveland Clinic Richard E. Jacobs Health Center, and has plans for further development with retailers, restaurants, hotels and other commercial enterprises.

“That’s taxes for our city, the county, our school system,” said Smith.

About The Richard E. Jacobs Group LLC
The Richard E. Jacobs Group is one of the nation’s premier developers of commercial real estate with more than 50 years experience and is headquartered in Cleveland, Ohio. Its independent affiliate, Jacobs Real Estate Services, provides comprehensive brokerage, leasing and management services for owners of office buildings, specialized use facilities and mixed use developments. More information is available at www.JRESgroup.com.

Beachwood, Ohio – October 15, 2012 – Groundbreaking began today for the construction of a four-story, 135-room Aloft Hotel at Chagrin Highlands, a master planned corporate community located at
I-271 and Harvard Road, which is being developed by The Richard E. Jacobs Group, Inc. and Scott Properties, a division of Tyco International LTD.

Aloft is an upscale select-service hotel brand by Starwood Hotels & Resorts Worldwide, Inc. It is scheduled to open during the third quarter of 2013.

“We are pleased to welcome Aloft Hotel into Chagrin Highlands,” said Douglas L. Miller, vice president of The Richard E. Jacobs Group.  “Aloft is a strong and unique high-end brand in the select service hotel market, which further enhances Chagrin Highlands as a dominant hub of commercial business activity in Northeast Ohio.”

Aloft joins a rapidly growing list of premier properties at Chagrin Highlands, including Eaton Corporation’s Eaton Center campus, University Hospitals Ahuja Medical Center, Lifetime Fitness, Marriott Hotels, two Chagrin Highlands office buildings, retail shops and restaurants.

About The Richard E. Jacobs Group LLC
The Richard E. Jacobs Group is one of the nation’s premier developers of commercial real estate with more than 50 years experience and is headquartered in Cleveland, Ohio. Its independent affiliate, Jacobs Real Estate Services, provides comprehensive brokerage, leasing and management services for owners of office buildings, specialized use facilities and mixed use developments. More information is available at www.JRESgroup.com.