Jump to content

PuppiesandKittens

Members+
  • Posts

    700
  • Joined

  • Last visited

Profile Information

  • Location
    29601

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

PuppiesandKittens's Achievements

Hamlet

Hamlet (4/14)

410

Reputation

  1. False. Top speed is currently 150 mph.
  2. Is it too late to save Northlake? It seems to have two issues: 1. Loss of higher-end stores, leading people who are looking for them to go to Birkdale or SouthPark instead. 2. Filling empty spaces with low-end "mom and pop" stores, which brings in a customer base that is inconsistent with higher-end stores. If the only issue was 1, it could be revived as a higher-end mall, but with 1 and 2, it seems to be going the way of Eastland. Haywood Mall in Greenville, SC is having some of the same issues. I just hope it doesn't go the way of Northlake. What's saddening is that Northlake isn't even 20 years old.
  3. And I lived in Cambridge. There is still plenty of retail in Downtown Crossing, and Faneuil Hall is right next door. And if you lived in Back Bay, you know that the John Hancock Center office building is a flagship office tower, like the Bank of America headquarters, but it has two malls and several department stores at its base. Each of these has many times the square footage of uptown Charlotte retail. Same for downtown Philadelphia and The Loop. The void of destination retail in uptown Charlotte is simply inexplicable. Comparable areas, and even lots of areas with less desirable demographics, have far more.
  4. You’re joking about Boston, Philadelphia and Chicago, right? Boston has a Macy’s, Barnes & Noble, Saks, Neiman Marcus and SouthPark-type stores all around downtown (its financial district) and Back Bay (its more upscale urban area) plus Targets, CVS locations, etc. all around town. Harvard Square (also a dense urban area) is lined with SouthPark-type stores, locally-owned stores and everyday stores. I spent several years living in the area and did all of my errands on foot and using the Red Line subway, as did others. Philadelphia doesn’t have as much as Boston but it has a large Macy’s, a mall, and lots of national and local chains, and multiple Targets, around downtown, all walkable, and within walking distance of 30th Street Station. My only trips to Chicago have been quick but I recall seeing a Nordstrom and other department stores lining Michigan Avenue. Even Greenville has destination retail along its Main Street, as does Charleston; both cities’ downtown destination retail far outclasses the local malls. What is inexplicable about Charlotte is that looking at population density, incomes, educational levels, nearby office jobs and other demographics that higher-end national retailers look for, uptown Charlotte is way better than downtown Greenville, yet Greenville’s CBD higher-end national chain retail is booming and uptown Charlotte has basically zilch. I guess that the South End area is getting the same stores that downtown Greenville is getting but it’s not “downtown”.
  5. My point is that the downtown Publix has higher sales per square foot than the Augusta Road or the Wade Hampton Harris Teeter has. Chainwide, Publix has sales per square foot of $633 and Harris Teeter has sales per square foot of $455, based on the latest info I found. And since smaller stores often have higher sales per square foot than larger ones, that also supports my view. That’s my only point.
  6. You obviously cannot read, lol. I go to those stores several times a week. My point is that the Harris Teeters have lower sales per square foot than the downtown Publix does. Each Harris Teeter is significantly larger, but the number of cars in their parking lots is not proportionately larger than the number of cars in the Publix downtown parking lot (and the number of customers at Harris Teeter is not proportionately larger than the number of customers at Publix). Smaller stores often have significantly higher sales per square foot and are often more profitable than larger ones, perhaps because the smaller ones stock only items that are strong sellers, not needing to fill shelf space with less-popular items.
  7. Probably most Southern cities’ largest employers are Walmart and the local hospital system. Greenville’s downtown has the largest share of office space of anywhere in the county, probably even a greater percentage of office space in the metro area than Charlotte has. As a former uptown resident, the void of retail in the core of uptown is really inexplicable. In Greenville, the influx of national chain retailers started with Anthropologie opening after its real estate director came to town for a wedding, as per the Greenville News. Maybe there’s more to it, but perhaps Greenville’s retail revival did start off as a fluke, and perhaps if the landlord of Founders Hall or Brevard Court lured a Lululemon, it would start off a similar revival. Retail rents in downtown Greenville seem to be $30+-ish psf, far higher than in other commercial areas of town. Retail rent in uptown Charlotte was about $38 psf, based on what I could find (and I could be way off). There's not a big difference.
  8. Downtown Greenville, SC has the following on Main Street: Madewell Anthropologie J. McLaughlin Bluemercury Warby Parker Lululemon And lots more. And Williams-Sonoma, Pottery Barn, etc. and a lot more are coming to a new development downtown, some relocating from the mall. These are all stores that you can walk to, since they're literally on Main Street (or, for Williams-Sonoma, it will be just a few hundred feet from Main Street). This is 1950's-style downtown shopping- it's actually downtown and if you're standing in the exact middle of downtown, you don't have to drive to it. That's what people are looking for. Charlotte doesn't have that. It could; there is no reason I am aware of why Founders Hall doesn't have these kinds of stores.
  9. I agree: there are likely going to be more grocery stores than the market can support, at least for a while. I'd actually worry most about one of the Harris Teeters failing; those stores seem to do a lower amount of sales per square foot than Publix does. I also worry about the whole County Square development failing as a retail site. It failed before, and I still think it needs to be carefully and seamlessly integrated into the West End so that it is an integrated extension of Main Street and the West End, instead of being hidden away behind Falls Park, invisible to people walking in the West End. If Haywood Mall ever gets it together and does a total upgrade of the entire mall and its surroundings, it could be a stronger competitor, particularly since it has a good location. It may be too late, though.
  10. We all have our preferences and I certainly respect yours: you have good taste. However, having higher-end national retailers such as Whole Foods and Williams-Sonoma will attract more other retailers than locally-owned stores usually would. Look at downtown: once it got Anthropologie as its first higher-end national tenant, more national and local retailers came. I just wish a Target and a regular department store would open.
  11. That doesn’t mean that incentives are a good idea. Smoking, overeating, stealing, lying, etc. are also nothing new or even rare. They happen all the time.
  12. I want tax incentives, too, for my personal and business travel. If I got tax incentives, then I could fly more, and that would create jobs. Actually, let’s give tax incentives to all of my family members and neighbors, which would have an even stronger positive effect on GSP revenues and airline performance. We are all either CEOs or in senior management so the economic effects of giving tax incentives to us will be large. I want tax incentives. Actually, I NEED tax incentives, and anyone who opposes giving them to me also thus opposes creating jobs and economic growth.
  13. Nobody “needs” them. If someone can’t find a way to run a business in a profitable way long-term, change the business plan. And there’s no shortage of investment capital. There are enough idiots who throw private capital at any harebrained project, even without government money involved.
  14. Agreed. How many downtowns these days are getting stores such as those that downtown Greenville is getting? How many downtowns have gone from the downtown Greenville of 1985 (anchored by Woolworth's and with lots of vacancies) to this? As someone who grew up decades ago, I just still can't get over how nice downtown is and how much even better it's getting. To me, downtown = run-down buildings and no reason to go there, and the County Square site = Bell Tower Mall (anchored by a Woolco and largely vacant, and thus no reason to go there). Really amazing how public and private actors have transformed this part of town to make even better than anyone 30-50 years ago ever could have expected.
  15. Agreed 10,000%. Who blocked gman from posting on this site? NOBODY. Unless someone is banned for violating the terms of service or whatever, everyone is welcome.
×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.