According to the company and several local real estate sources, Dave & Buster's, founded in 1982 and headquartered in Dallas, is indeed bringing its high energy restaurant / entertainment concept to the Milwaukee-area.
D&B's will open at 2201-2215 N. Mayfair Rd., near the Ewald dealership space and a one-acre strip between the auto dealer and the DSW buildng. The location is kitty-corner to Mayfair Mall.
"We are looking at the Milwaukee area, and should be open in about a year and one half," said Kristen Banks at Dave and Buster's in Chicago.
D&B's currently operates 48 locations in the United States, including two in Chicagoland (Chicago and Addison). This is the company's first location in Wisconsin.
Dave & Buster's, Inc., usually locates near large shopping and entertainment centers like Mayfair. Its "Million Dollar Midway" should be a major regional destination with its interactive simulators, virtual reality systems, traditional carnival-style games, video games, pocket billiards and other entertainment options.
The company is not only growing its locations, but its finances. Total revenues for its first quarter in 2008 increased 5.2 percent over 2007 to $142.5 million.
"We are excited that the sales growth and margin momentum from last year continued through the first quarter of 2008," said Steve King, chief executiveo fficer, in a news release. "We are particularly encouraged by our exceptionally strong amusement sales."
A life-long and passionate community leader and Milwaukeean, Jeff Sherman is a co-founder of OnMilwaukee.
He grew up in Wauwatosa and graduated from Marquette University, as a Warrior. He holds an MBA from Cardinal Stritch University, and is the founding president of Young Professionals of Milwaukee (YPM)/Fuel Milwaukee.
Early in his career, Sherman was one of youngest members of the Greater Milwaukee Committee, and currently is involved in numerous civic and community groups - including board positions at The Wisconsin Center District, Wisconsin Club and Marcus Center for the Performing Arts. He's honored to have been named to The Business Journal's "30 under 30" and Milwaukee Magazine's "35 under 35" lists.
He owns a condo in Downtown and lives in greater Milwaukee with his wife Stephanie, his son, Jake, and daughter Pierce. He's a political, music, sports and news junkie and thinks, for what it's worth, that all new movies should be released in theaters, on demand, online and on DVD simultaneously.
He also thinks you should read OnMilwaukee each and every day.
