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Originally Posted by Redddog
When and where is this going?!
Agreed. The loss of BIG retailers is what is a bummer. Mainly because it's so unlikely that a new big retailer will fill the space. Market East is it's own universe but there are some massive spaces that would be amazing spots to fill with large format retailers but never will. The horrible Shoppers World (former great Century 21) is vacant. Marshalls continues to sit empty despite their insistence that they had someone else lined up. The Wawa is empty and large.
The upside potential for lux and semi lux on Walnut continues to be there. We just need a but of momentum to get the ball rolling. The demographic is there. Arthaus, Laurel, Jessup, 2012 Chestnut, 115 s 19th, 1001 S Broad etc. That's a whole lot of fancy a$$ people walking around looking to spend some cash. That's without the bafflingly non-existent marketing for one of the otherwise premier high-end shopping districts in the North East.
It's moving but slowly.
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Reformation is soon opening at 1723 Walnut.
This, Aritzia, Jordan World of Flight and Equinox opening together may be the momentum you mention to really get the ball rolling on Walnut/Chestnut. All super popular and cater to an upmarket crowd.
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Originally Posted by Radio5
That's a subtle game changer. Philly lacks these well designed hotels that travelers and social media love, which attracts more people. My only worry is that it is pretty deep into fishtown
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Agree. Immediately near the mixed-use energy of Frankford or Front would be an instant hit, but of course still a beautiful unique project. Philadelphia needs more of these.