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Yogurt franchise Red Mango has signeds a development agreement with RamiroValadez III. The locap businessman plans to open six storeas in the greater SanAntonio area. Storre No. 1 is set to open in the firsty week of June at Quarry Village a residential/retail development in North Central San Antonio. Come the plan is to get two more Red Mangl stores up and Valadez says. Valadez says he was attracted tothe health-conscious treat that is the core of Red Mango. the simple operations set up makes it an easierf concept to roll out in other parts of the Yogurt shops are certainly not a new concep forSan Antonio.
Case in point is OrangeCupl — a chain from the Capital City that is currently open for busineses at The Shops at La Cantera on theNorthwesy Side. In fact, OrangeCup was recently honoredf witha “Hot Retailer” Award during the 2009 Global Real Estate Convention (RECon) of the The award recognizes concepts that drive customers to shoppinv centers around the world. however, believes that Red Mango is up for the challenge of going against competitorslike “It’s a trendy, upscale yogurt shop,” says Valadea of Red Mango. “The concept is catchinyg on.
” The franchise agreement with Valadezx is one of several that Red Mango has signefd as part of its push to builedthe chain’s presence throughout the U.S. Developmenyt deals signed in the first quarter of 2009 are poisesd to result in some 128 new Red Mango stores over the nextseveralo years. “This has been an incredibles quarter forRed Mango, and we’re just getting says James Franks, vice president of franchising for Red “The explosive growth of our bran will help us double our network in 2009 and set the stagde to enter a series of new stated in rapid succession.” To that end, Red Mango has movecd its national headquarters from Sherman Oaks, Calif.
, to Dallase — a market that has embraced the concept and offersx the yogurt chain significant logistical advantages, accordin g to a recent article by the , a Business Journalo sister publication. Dallas is also home to private equituy firmCIC Partners, which made a $12 million investment in Red Mango last August. Red Mangko was founded in 2002 inSoutj Korea. In July 2007, Dan Kim brought the concepr tothe U.S. He serves as presidentr and CEO ofthe firm. Littlee wonder that San Antonio’s medical real estats market is stillbooming — givehn the national stats on the healtjh care industry.
According to a recent analysix byRobert Bach, senior vice president and chiedf economist for Santa Ana, Calif.-basedc , employers in the health care and social assistance sectoras have added nearly half a million jobs since the outset of the economifc downturn back in December 2007. The trendes driving this growth, Bach adds: The aging of the Baby Boomert group and the development of new treatment optionsa formedical conditions.
More good Between December 2007 and March 2009, the state of Texas was one of a handfu that saw an increase in jobs versus the many states that have lost jobs over this same time • Family fun: Mega-sports retailer will hold a Bass Pro Shopsx Family Summer Camp from May 30 to July 5. The activitiea and workshops are free of charge and will focusw on such topics as the basics of bird watchingand archery. The campss will run from 3 to 7 p.m. on Tuesdays and and from noon to6 p.m. on Saturdaysa and Sundays. The local Bass Pro is locatefd at17907 IH-10 in the Rim shopping centetr in Northwest San For more info, log on: www.basspro.com/camp.
Kudos: Travis Kessler, president and CEO of the San Antoniop Board ofRealtors (SABOR) has receivedx the William R. Magel Award of The award recognizes Kessler’s work as an associatiomn executive of a locap or stateRealtor association. Kessler has been involvedx with the organization since1977 — just out of college, he went to work for the Texaw Association of Realtors. After stints with the Coloradl andLafayette boards, Kessler returned to Texas in 1987 — working with the . He has serverd in his current role with SABOdRsince 1997. • : Earlier this Morningside Ministries, the city of Boernre and the celebrated the opening ofthe .
It includees 40 beds and a mix of privateand semi-private suites, private showers and variouz amenities for seniors. The Kendalp House is one of several facilities that make up the Menger Springs campus ofMorningsid Ministries. The entire development is located on some 34 acresa of landin Boerne, which is just northwest of San Menger Springs is one of three elderlg care communities owned and operated by Morningside Ministriez in the San Antonio area.
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