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Originally Posted by FarmerHaight
Except Metrotown has Aritzia, Lululemon, Nike, Apple, Fossil, and a number of other stores that could be considered luxury, and Brentwood has neither JJBean nor Aritzia.
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Absolutely, Metrotown performs very well in sales. I'm sure these are top 3 locations in BC for most of the retailers you mentioned. Pacific Centre, Metrotown, Guildford usually round out the top 3 best performing locations for retail.
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I suggest the actual luxury "feeling" may come from something other than the tenants:
- Metrotown is busy and crowded, so it feels less exclusive
- Metrotown is older so some of the mall feels dated
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Absolutely. I mentioned the retailers only to convey the sense that luxury,
is a feeling. Its accomplished largely through design - spaces are designed to
feel high end. Its not necessarily something easily captures in a statistic.
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Metrotown may not be a luxury mall, but does that mean it is on the bottom of the mall food chain? Since malls were created to allow someone to buy everything they need in one location, it would be hard to argue any mall does that better than Metrotown.
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Not directed at just you, but the paradigm of viewing things from a binary lens, especially on the internet is really a broken world view.
To say that Metrotown feels dumpy compared to Brentwood, is not at all to question the retail performance of Metrotown. Both these things can be true at the same time.
I have a good understanding of the numbers Metrotown prints, and they're amazing. No part of my posts attempt to discredit that. It will continue to be a destination not just in for Lower Mainland folk, but BC as a whole.
But I still maintain, that it does not, at all, have a high end "feel."
I should also point out, that's not what its aiming at necessarily either. There is no reasons to shake up the balance Metrotown has found.
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I think anyone looking for true luxury such as Tiffany, Louis Vuitton, Nordstrom, or Burberry will go downtown anyways, and not to a suburban mall.
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Probably true, but I do think Brentwood has a good chance at capturing some level of luxury retail.
I think Brentwood will likely continue on its path to becoming and upper end destination.
Its not by coincidence Whole Foods is there either.