New Retail Development in Center City and Environs

Discussion in 'Center City' started by Cro Burnham, Jan 12, 2015.

  1. londoner

    londoner Well-Known Member

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    This is only a fraction of the issue. I'd be interested to know what you think the percentage of people shopping at urban shopping corridors - magnificent mile/newberrry street/SoHo, etc. are actually local residents - in other words ones who live within normal shopping proximity? No, the vast majority (and i mean VAST) are tourists, nearby workers, and daytrippers.

    I agree with the poster upthread - imo Walnut Street/Rittenhouse Row (which is it?) is the worst marketed big city urban shopping corridor...period. For crying out loud, Denver's 16th Street Mall is far more well-known/popular - which is absurd. Walnut Street /Rittenhouse Row (which is it?) doesn't brand itself and does little to attract the 10s of millions of tourists who are hitting up the historic sites 10 blocks to the east.

    At Christmas time, when every other big-city shopping corridor is stripped from head to-toe with twinkle lights and christmas decorations, Walnut Street/Rittenhouse Row (whch is it?) does literally (and i hate the use of this word) nothing. In other words, there's no cohesive branding strategy/ownership/vision of the strip and, relative to its peers, it shows.
     
  2. Nytecat

    Nytecat Well-Known Member

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    As you and OldePhila point out, some of Philadelphia's retail shortcomings is of its own doing. They've been advertising King of Prussia as the go to place for shopping as long as I can remember. Now some other cities also lead shopping tourists to outlying districts. Take Houston's Galleria and Atlanta' Buckhead, for instance. But in most cases they are within the city proper and less than 10 miles away from their respective downtowns. King of Prussia is really an outlier both in distance and in being well beyond the city limits. I think the habit of hyping KoP stems in part from a desire to foster regionalism. But it also comes from a prevalent underlying belief that the city simply isn't good enough. It's hard to tell if this is the truth or if we've been told a lie for so long we think it's the truth.

    It seems the extent of city support ends with subsidies to develop East Market and redevelop the Gallery. In the meantime, quality of life issues and punitive taxation remain unaddressed. A much more holistic approach is needed for the downtown retail scene to be relevant.
     
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  3. Jayfar

    Jayfar I'm very old®

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    Design within Reach scraps plans for big East Market project | Philly.com

    Design Within Reach had big plans for a 15,000-square-foot furniture and accessories showroom in downtown Philadelphia as a tenant of the much-ballyhooed East Market project. It was also to mark the brand’s return to the city.

    But those plans have been scrapped. Instead, the retailer, known by the initials DWR, announced it would open its first showroom in Boston as well as a new outlet store in Oxnard, Calif., about 60 miles northwest of Los Angeles.

    “A Philly showroom wouldn’t be profitable,” said a company representative in the New York Design Within Reach showroom, who spoke on condition of anonymity because he was not authorized to talk about the project. “The decision was made last month. The numbers didn’t add up.”

    [snip]
     
  4. OldePhila

    OldePhila Active Member

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    This is why you don't announce a tenant until a lease is signed. Either way, the home furnishing/décor market is particularly tight in Philadelphia. Probably a good move on DWR's part.
     
  5. Nytecat

    Nytecat Well-Known Member

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    Agreed. The margin between profitable and unprofitable is a narrow one and that's true more than ever these days. While this will probably be bemoaned as another Boston victory at Philadelphia's expense, it was likely a close one similar to a memorable Super Bowl from about a decade ago. That DWR seriously considered moving in is a good sign that Market East can aspire to something better than the wig shops and check cashing joints people bitch about in the comments section.
     
  6. MackeyDingo

    MackeyDingo REALLY Well-Known Member

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    Don't knock wigs. They're the only reason I'm still out on the streets.
     
  7. Scoats

    Scoats Well-Known Member

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    Luxury retail only says that rich people live there, or pass through. The Vegas Strip has a luxury mall with a Versace store every other casino. Nothing about the Strip says world class city to me.

    The great thing about Market East back in the 1980s was the mix of shopping. There was something at every price point, sometimes within the same store. It looks like that will be making a come back, and that's a great thing.
     
  8. DMMPhilPA

    DMMPhilPA Member

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    It didn't make sense to me that this was the location for them. Surrounded by hotels and tourists, are people looking for their products going to travel to that area? Will people living near by invest the money in their products for what is primarily a rental area vs the longer-term (more expensive) furnishing investments one wold expect in homes and condos? Their location would face a row of businesses on 11th Street that wouldn't add much to the atmosphere either.
     
  9. Nytecat

    Nytecat Well-Known Member

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    Well, no city ever complained about having too many rich people either as residents or visitors. Philly could certainly use a few more. :p

    But I like your underlying point about Las Vegas. That's a great example of a city punching way above its weight in luxury retail offerings based on the inherent population and income levels. Philly, on the other hand, has a history of underperforming. It's up to us to keep everyone's feet to the fire because this city can and will do better.
     
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  10. New2Fishtown

    New2Fishtown Well-Known Member

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    MOM's Organic Market is having its grand opening Sept 8-10. New signs up in the windows. In other 11th Street news, Devon and Blakely was open today when I walked by, so that means Wrap Shack, Devon, Luke's Lobster, and Honegrow have all surfaced within a block of one another in the past few months.
     
  11. ShoshTrvls

    ShoshTrvls Well-Known Member

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  12. londoner

    londoner Well-Known Member

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    It's just an Outlet. And there's a large Outlet Mall in Oxnard, so...
     
  13. Shadowbat

    Shadowbat Well-Known Member

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    Sweat Fitness opening on Broad and Chestnut (under Walgreen's)....
     
  14. New2Fishtown

    New2Fishtown Well-Known Member

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  15. OldePhila

    OldePhila Active Member

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    I was hoping the TJX company would be snarky and place a HomeGoods in that space. Cheers to TJX though.
     
  16. Shadowbat

    Shadowbat Well-Known Member

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    Moving sale underway at I Goldberg right now....
     
  17. Jayfar

    Jayfar I'm very old®

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    Trying to picture where this would be located. In the basement? The entire first floor is already occupied by Walgreen's on Chestnut Street and McCormick & Schmick's on the City Hall side.
     
  18. Shadowbat

    Shadowbat Well-Known Member

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    They cut a new doorway on Chestnut Street (what used to be a blank wall) to the right of Walgreens and a stair to the basement. Pretty easy to miss. I originally thought they were just fixing the facade on that side, so I was surprised to see the door there and even more so to see a tenant has signed up down there. Seems real easy to miss.

    Speaking of easy to miss, has anyone seen the new Petsmart in the Collins building? They have a sign on the sidewalk proclaiming that they are open and it points to the lobby. Form there it is a small door and a stairway down. Because of where that door is positioned you can hardly see it from the street. Don't know what was going through their mind when they signed up for that space, seems like the worst place for locate a major chain store....
     
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  19. Hospitalitygirl

    Hospitalitygirl Resident Ornery Bitch

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    I'm guessing that because it's about pets, it's no big deal. I did take my dog down there one day. She dragged me out when she saw the grooming area, or smelled it. Doggie does not like water.
     
  20. Jayfar

    Jayfar I'm very old®

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    It's about the Center City shopping, too, new marketing push says | Philly.com

    Center City is a premier dining destination. But the shopping there is good, too.

    That’s the message that Paul Levy, chief executive officer and president of the Center City District, and his agency’s partner, the Philadelphia Retail Marketing Alliance, aim to drive home through new ads showing true Philadelphians in various stages of retail indulgence while out and about on the town.

    Flanked by officials from agencies geared to attract business and tourism, including Harold Epps, director of the city Commerce Department, and Angela Val, chief administrative officer of the Philadelphia Convention and Visitors Bureau, Levy unveiled the new marketing initiative — called “This Is In,” as in Center City – at the Shops at Liberty Place, 1625 Chestnut St., on Thursday.

    [snip]
     
  21. OldePhila

    OldePhila Active Member

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    Really interesting article. I saw one of the ads last weekend on the regional rail. As someone who works in real estate with a retail background, I can say that at least until city retail occupancy rates are much lower, Philadelphia is directly competing with KOP. To me it seems that many brokers have hands in both cookie jars for convenience sake. However I must say that PREIT's divestment in KOP is good news for East Market.
     
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  22. mixiboi

    mixiboi Philly Remixed

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    Apple is revamping the Apple Store(Now just called "Apple")

    Apple announces upgrades to its iconic retail stores

     
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  23. OldePhila

    OldePhila Active Member

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    #833 OldePhila, Sep 14, 2017
    Last edited: Sep 14, 2017
  24. supersupper

    supersupper Appetizer

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    Right between the richy richies of Santa Barbara and Thousand Oaks/Malibu, it helps the lesser peeps and those looking for a nice drive with lesser budgets surrounded by living rooms that make the full-price DWR products seem more like Target versions. If they wanted to, LA'ers could just take a short trip down to Huntington Beach area for a full-Price DWR (sitting alongside other chain furniture stores like Crate and Barrel, West Elm ROCHE BOBOIS™, et al.) . Or just shop the sidewalks to get cheap authentic stuff by the truckload for a few dimes. DWR tried an outlet in the Pikes Outlets and that didn't work out despite Restoration Hardware being a popular destination there.
     
  25. Jayfar

    Jayfar I'm very old®

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  26. Jayfar

    Jayfar I'm very old®

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    Tiffany's Bakery coming to Suburban Station next month.

    Suburban Station on track for a shopping destination | Philly.com

    Suburban Station is undergoing a major retail reboot to give commuters a reason to visit besides catching a train.

    Over the next several months, AthenianRazak, the real-estate services firm hired by SEPTA to spice things up, will roll out mostly new food venues, along with some apparel shops and services in the $3.75 million phase one of the multiphase project, at the city’s busiest transit station.

    The retail offerings will be called Station Shops at Suburban, and the station, with roughly 100,000 daily commuters, will get a new look and feel from its first upgrade in 15 years.

    With a critical mass of riders every day, SEPTA general manager Jeff Knueppel said merchants are eager to see the potential of adding retail to boost revenues across the board.

    “Today’s sophisticated commuter is really looking for those things,” he said. “It’s not like the past, where someone is half asleep coming in the morning and running home at night. Now, they’re interested in stopping and getting food, or meeting a friend there. It’s something that people are really expecting — they want more of an experience at the train station.”

    [snip]

    [​IMG]
    ATHENIAN-RAZAK REAL ESTATE FIRM
    A rendering of the new look for Station Shops at Suburban as part of a Phase 1, $3.75 million retail upgrade by SEPTA.
     
    #836 Jayfar, Oct 7, 2017
    Last edited: Oct 7, 2017
  27. DMMPhilPA

    DMMPhilPA Member

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    How do these new shops mix with the homeless situation and what they do there along with the generally filthy conditions of some of those corridors? I hope there is a plan in place to address all of that as Suburban Station is really an very sad representation of Philadelphia. I was shocked to see Tiffany's bakery is opening in the location immediately at the bottom of the stairs leading down from market facing City Hall.
     
  28. Bixbyte

    Bixbyte Well-Known Member

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  29. mixiboi

    mixiboi Philly Remixed

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    You know what the solution is for the homeless situation, forcing them somewhere else after they clean it up. That solution you should be please with,
     
  30. DMMPhilPA

    DMMPhilPA Member

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    No, I'm not pleased with that as a solution. But I do think the policy of not addressing the homeless situation hurts everyone. Residents, visitors, business, and the homeless. I understand a person's right not to have help forced on them, however, leaving people who can not help themselves to continue to survive on the street in filthy and dangerous conditions doesn't make sense either. There are some that manage quite well and there are others that clearly can not. And shuffling them off to a new location should not be the accepted approach as it was with the convention center and Love Park.
     
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