dave and busters

Dave & Buster's has been approved to operate a restaurant/arcade in a former Barnes & Noble on 28th Street SE, across from Centerpointe Mall.

(MLive.com File)

KENTWOOD, MI – Dave & Buster’s plans to opens its third Michigan store in a former Barnes & Noble across from Centerpointe Mall.

Kentwood has approved a plan by the Dallas-based restaurant/arcade operator to use the 45,030-square-foot building owned by Jade Pig at 3660 28th St. SE. Other Dave & Buster’s locations in Michigan are in the Detroit area in Livonia and Utica.

The city this month signed off on a permit for alcohol sales at the site and OK’d demolition of about one-third of the existing building. The plan calls for Dave & Buster’s to occupy about 30,200 square feet by next spring, said Lisa Golder, Kentwood’s economic development director.

“It’s going to be a great use, and certainly a great use of a vacant building,” she said. “We’re really happy for the re-use.”

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Dave & Buster's announced Monday, Sept. 29 it plans to sell 5.9 million shares of stock at $16 to $18 each in an initial public offering on the NASDAQ exchange, according to the Wall Street Journal. The trading symbol for the stock: PLAY.

Barnes & Noble operated at the 28th Street location for 13 years before moving to Woodland Mall in 2008. The property, which includes a vacant former Ruby Tuesday restaurant, is worth about $4.7 million, according to Kent County records.

Matt Vande Bunte covers government for MLive/Grand Rapids Press. Email him at mvandebu@mlive.com or follow him on Twitter and Facebook.