Quote:
Originally Posted by Fritzdude
The people who say they want more retail in the city remind me of the people who say they want to buy "American". It sounds good, but they rarely support it and end up voting with her pocketbook for something slightly less. With retail commercial rates of >$35 a foot in Denver right now, what can theoretically go in these "retail" locations and be successful?
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All of the same stores that make it work in Cherry Creek Mall.
Mostly what people want is an opportunity to buy household goods at not-Walgreens prices, without driving to Glendale to do it. Most of those types of tenants aren't going into an existing space that would charge those rates. They'd need new-built or custom-built space. I highly doubt the King Soopers at 20th and Chestnut is paying >$35 a foot.
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