CLEVELAND, Aug. 6 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. today announced 13 additional new retail, entertainment and restaurant tenants for The Village at Gulfstream Park, its 500,000-square-foot upscale retail center in Hallandale Beach, Florida.

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With the new tenant announcements, available retail space at the center is more than 70 percent leased with six months still remaining before the planned opening on February 11, 2010. In total, more than 40 tenants have committed to space at the center, with additional interest from prospective tenants coming at a brisk pace.

"Interest in The Village at Gulfstream Park has been tremendous, and reflects the unique character and extraordinary quality of the center and the setting," said Charles A. Ratner, Forest City president and chief executive officer. "It also shows the continuing ability of high-quality, destination retail in markets with good demographics, to generate enthusiasm and excitement among both tenants and prospective customers."

Among the newly announced tenants are Paradis Latin Miami, an authentic cabaret experience; Ta-Zin, offering Moroccan cuisine and entertainment; and Adrenalina, an extreme sports destination featuring a simulated, indoor surfing experience. Also announced were Apricot Lane, Aventura's Finest Hand Car Wash, Bartini's Supper Club, Bobby Chan, Claudio, Claudio Shoes, Lilly McKay, Roxtar, Shoe Freak and Via Montenapoleone. A complete list of tenants is included at the end of this release.

The Village at Gulfstream Park, with approximately 410,000 square feet of retail space and 90,000 square feet of Class A office space, will combine upscale fashion and home accessory shops with signature restaurants, outdoor cafes, entertainment, office and potential future hotel and residential spaces. The center is anchored by Florida's premier thoroughbred racetrack, Gulfstream Park, and is being developed by Forest City in partnership with Magna Entertainment Corp., the owner of Gulfstream Park and North America's largest owner and operator of horse racetracks.

For more information, visit www.thevillageatgulfstreampark.com.

About Forest City

Forest City Enterprises, Inc., is an $11.7 billion NYSE-listed national real estate company. The Company is principally engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States. For more information, visit www.forestcity.net.

The Village at Gulfstream Park

Tenants as of August 6, 2009:

West Elm

Pottery Barn

Container Store

Cantina Loredo

III Forks

Brio Tuscan Grill

Lamborghini Cafe

Via Montenapoleone

Crate + Barrel

Williams-Sonoma

Martier

Romeo & Juliet Couture

Bobby Chan

A-Brand

Trendz

Fender Rock N' Roll Religion

Vogue Couture

Venetian Nail Spa

Texas De Brazil

Paradis Latin Miami

Claudio

Claudio Shoes

Scene

Roxtar

The Cheese Course

Greenhouse

Next

Lilly Mckay

Apricot Lane

Shoe Freak

Valhalla Menswear

Pacific Paradise

American Pie Oven

Haagen Dazs

Prime Bar

Ta-zin

Cadillac Ranch

Adrenalina

Ola Cuban

Bartini's Supper Club

Santanera

The Playwright Irish Pub

Safe Harbor Language

Statements made in this news release that state the Company's or management's intentions, hopes, beliefs, expectations or predictions of the future are forward-looking statements. The Company's actual results could differ materially from those expressed or implied in such forward-looking statements due to various risks, uncertainties and other factors. Risks and factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the impact of current market conditions on our liquidity, ability to finance or refinance projects and repay our debt, general real estate investment and development risks, vacancies in our properties, further downturns in the housing market, competition, illiquidity of real estate investments, bankruptcy or defaults of tenants, anchor store consolidations or closings, international activities, the impact of terrorist acts, risks associated with an investment in a professional sports team, our substantial debt leverage and the ability to obtain and service debt, the impact of restrictions imposed by our credit facility and senior debt, exposure to hedging agreements, the level and volatility of interest rates, the continued availability of tax-exempt government financing, the impact of credit rating downgrades, effects of uninsured or underinsured losses, environmental liabilities, conflicts of interest, risks associated with developing and managing properties in partnership with others, the ability to maintain effective internal controls, compliance with governmental regulations, volatility in the market price of our publicly traded securities, litigation risks, as well as other risks listed from time to time in the Company's SEC filings, including but not limited to, the Company's annual and quarterly reports.

SOURCE Forest City Enterprises, Inc.