Quote:
Originally Posted by Londonee
It’s a bummer. There are only so many viable large footprint urban tenants these days and this was one of them…especially as the city pivots to more experiential retail. KOP is by far the worst thing to happen to CC retail.
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Yea, they average ~45k-50k square foot, that is sizable commercial tenant. A perfect fit for a revamped Market Street or somewhere along Broad Street.
Quote:
Originally Posted by skyhigh07
Ya this should have been a shoe in for the city. I think Eataly had plans to open on Market St years ago but that fell through for some reason. The “Well Philadelphians don’t really like high end cuisine” rationale doesn’t really apply here considering we’re one of the top dining destinations in the country lol.
I’ll say it again - I really think CC’s retail problem is due to a lack of promotion in terms of competing against KOP. This kind of once again proves it.
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Agree. Eataly likely had Philadelphia on it's "potential expansion" radar for some time, and Simon courted them. If the Center City District, Ritt Row, or Visit Philly teams had more foresight, I'm sure they could have made a Center City location work, especially considering Philadelphia is a food mecca.
Quote:
Originally Posted by PHL10
Outside of their “Silicon Valley” location, it seems that every location is in the downtown of that City (NYC, Chicago, Boston, LA, Dallas)….not a good boost for our confidence.
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Eataly Dallas is in North Park Center (a mall). But yea, when looking at big dense downtowns, the new "Philly" location is the outlier. Eataly Toronto is also downtown.