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Old Posted Nov 14, 2011, 5:52 PM
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DistrictDirt DistrictDirt is offline
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Join Date: Mar 2009
Location: Los Angeles, CA
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Originally Posted by 213 View Post
Much as I'd like to see a Nordstrom or such, I suspect citywatch is correct in that any new big retail is likely to be of a discount nature, at least in the near term. Downtown doesn't yet have the customer base to support a higher-end department store (55,000/$83k notwithstanding), and more importantly doesn't have middle-to-higher income satellite communities not already served by Glendale or The Grove. Department stores are generally built for regional business, not local.
There's no way it will be a discount store, or they wouldn't be teasing/bragging about it, and they certainly wouldn't be persuing it; not when Broadway has entered a phase where several mid to high end restaurants will be opening their doors in the next year. A discount store is simply not congruent with the Bringing Back Broadway vision.
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