Quote:
Originally Posted by kamden99
about Publix vs. Kroger?? Are you guys that bored?
I posted a fairly insightful article about the economy's impact on the Midtown Mile, and the one topic that came from it was this??? I'm kind of sorry I posted it now.
How about talking about these items?
- This week, many Atlanta developers will head to Las Vegas for the largest retail conference of the year (the International Council of Shopping Centers Show) in the hopes of luring new tenants to their developments. Supposedly, some big announcements could be coming later this summer.
- The fact that we were railing on Dewberry a few years ago for not moving forward with a project...he's sitting pretty right now. Just think if he had started construction on his project around the same time as 12th & Midtown and Viewpoint? He'd be in the same predicament as the rest of the developers...a big project with few tenants...I guess he made the right decision in waiting.
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I honestly don't understand the obsession with wanting to bring big name retailers into Midtown. Sure, it would be nice to say we have all these huge international names down there, but I don't think it is feasible.
A lot of premium retailers are already planted up by or in Lenox, Phipps, and Perimeter, where they benifit from easy access off 285 and 75 from the northern suburbs in Fulton, Gwinett, and Cobb. Is the presence of those premium retailers in Midtown really going to pull those customers in from Buckhead or Sandy Springs?
Sure, the people who live in that immediate area would like to have those names in their neighborhood, but I don't think those folks are enough to sustain those stores.